JOHANNESBURG - President Cyril Ramaphosa this week came under intense pressure to appoint a credible Cabinet capable of implementing his reform agenda with his picks likely to determine the direction of the markets and investor sentiment in the next few months.
“These will also be scrutinised by the credit rating agencies given the implications for the fiscal ratios, with the government deficit presently close to 5 percent of gross domestic product and debt hovering at 60 percent of GDP.” Nolan Wapenaar, fund manager at Anchor Capital, said it would be crucial for the economy that Ramaphosa appoints a skilled executive.
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Here it is: DO NOT HOLD YOUR BREATH.
We all waiting to see the rot go
Hope springs eternal from the human breast
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Ramaphosa says government is committed to speedy economic reforms | IOL Business ReportSouth Africa’s President Cyril Ramaphosa said on Wednesday that the African National Congress-led government will speed up economic reforms. busrep Investors will only take you seriously when they see some serious action being taken against corruption, but yet, those implicated in corruption still rule the roost. busrep So you will get all the comrades to give the money back they stole and have them prosecuted. Get the ANC publicly apologize for failing SA for the past 25 years
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45% of SA firms are targeted by cyber attacks - report | IOL Business ReportA report by the Ombudsman for Banking Services revealed that 50 percent of all complaints are fraud-related, reinforcing ...
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Apple faces rise in iPhone costs | IOL Business ReportApple could see the production costs for its iPhone rise given the impact that trade tensions between the US and China are having on input materials. busrep
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Bargaining ride hailing app launches in Johannesburg | IOL Business ReportJozi-based ride-hailers can now bargain for a fair price with inDriver, a newcomer to the local e-hailing scene.
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