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PODCAST | Business Day Spotlight: Studies show an added 4%-5% of GDP needed for NHI

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Mike Schüssler discusses the results and implications of the BankservAfrica economic transactions index

In this edition of Business Day Spotlight, our focus is on the SA economy, continued pressure on consumers, and the National Heath Insurance bill.

BankservAfrica, the largest automated payments clearing house in Africa, released its monthly economic transactions index for July on Wednesday. For July, the value of economic transactions showed no monthly change, which reflects the stagnant state of the SA economy.In this discussion, Schüssler explains how the BETI is constructed, what data is considered, and gives insights about what the results reveal and mean.

The discussion then turns to the economic implications of the NHI Bill. What does it mean for SA? Can the fiscus realistically support such a program?

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