The rand, South Africa’s investor sentiment temperature gauge, held up well in the face of renewed US-China trade tensions and unfolding local election results.
Also encouraging was that Ramaphosa wasted no time in moving ahead on showing his commitment to policy reform when he announced the establishment of a policy and research advisory unit within the Presidency, over the weekend. But it goes without speaking that investors will need to see actual results within, say, the next six months if South Africa is to maintain its grounding and thus resilience in the face of any global economic surprises.
Moola warns that the best-case scenario for South Africa is a neutral global backdrop, but adds that there are risks that it could turn negative.On the establishment of the policy and research unit, she says any efforts to boost the government’s policy-making capacity are a positive, given that little attention has been paid to this since Thabo Mbeki was president.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
BUSINESS MAVERICK: Five post-election economic milestones to watchUnless the government adopts market-friendly economic policies that stimulate growth and job creation, the 2024 national election is likely to be a fraught affair. What are the five milestones that investors will take comfort from after the 2019 election? Insightful article. 👌
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »
BUSINESS MAVERICK: US-Sino trade war will provide few opportunities for SAAn old African proverb holds that ‘when elephants fight, it is the grass that suffers most’. As the US and China lock tusks over trade, grass on a global scale is getting trampled. And for South Africa, there appear to be few green shoots amid the carnage. Why do you call negotiations a trade war?
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »
BUSINESS MAVERICK : The economic cost of tax, our low savings rate and red tapeFor years, policymakers have worried that our savings rate is too low. International comparisons often show that South Africa has one of the lowest savings rates in the world. These numbers generate widespread anxiety, and for good reason. Savings are the key to capital formation, and every economic theory — even Marxism — teaches that capital formation is necessary to raise wages and stimulate long-term economic growth. Why have our tax policies become opposed to it?
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »
Business Maverick: Pakistan Secures $6 Billion IMF Bailout to Ease Economic CrisisPakistan and the International Monetary Fund reached an agreement on a loan of about $6 billion designed to help the South Asian nation avert an economic crisis.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »
Business Maverick: Scandal-hit Steinhoff posts $4 bln operating loss for fiscal 2017Steinhoff has reported an operating loss at 3.7-billion euros vs restated profit 278-million euros, blaming writedowns for the loss. The assets are valued at 17.5-billion vs 32.2-billion in 2016 but says its on track to release 2018 results in June
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »
Business confidence rises on post-election hopesSouth Africa’s business confidence rose in April as retail sales and import volumes improved alongside a firmer currency, a survey showed on Tuesday.
แหล่ง: City_Press - 🏆 7. / 72 อ่านเพิ่มเติม »