Is SA heading into economic crisis? Independent economist Dr Azar Jammine assesses
Dr Azar Jammine shares his opinion on whether Tito Mboweni has put together a budget that can push SA away from an economic crisis.
Dr Azar Jammine shares his opinion on whether Tito Mboweni has put together a budget that can push SA away from an economic crisis.
The implications for the SA economy of the latest stand-off between the US and Iran following the assassination of Iranian Army General Qassem Soleimani is unclear.
Econometrix chief economist Azar Jammine explained why IMF’s warnings need to be heeded and how the Ramaphosa Administration is running out of time to convince its political allies to come on side – or reap some rather awful consequences.
Friday’s report from ratings agency S&P switched its outlook on South Africa from “neutral” to “negative” – signalling another credit downgrade is on that cards.
Azar Jammine from Econometrix said there appears to be an increase in emigration, but remains positive that Ramaphosa could surprise the doomsdayers.
Perhaps it’s not surprising that the legal profession in South Africa is the wealthiest, given our penchant for litigation, with the richest pickings being among the political elite.
One of the most disturbing features of the South African economy in recent times has been the seeming acceleration of emigration of skilled persons.
Azar Jammine says following the three Es mentioned by Jack Ma is essential if South Africa wants more than temporary improvements.
The Rand has continued depreciating ahead of an announcement expected from President Zuma ushering in the provision of totally free tertiary education/
Azar Jammine assess the KPMG/Gupta fallout, concluding that the damage is already being seen in SA’s currency which is reflecting a further decline in investor perceptions.