The Editor’s Desk: SA is in recession, but what can we really do?

With South Africa officially in recession, the government is talking up the possibility of a stimulus package to restore growth. But how realistic is this?
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DUBLIN — With South Africa officially in recession, the government is talking up the possibility of a multi-billion rand stimulus package to restore growth. But how realistic is this? After all, the rand is weakening, the country is already carrying a heavy debt load, and tax revenues are falling. In this episode, Alec Hogg and I discuss the constraints that the ANC-led government is ignoring and the global context for SA's capacity to stimulate the economy. While a stimulus package would be great, it just seems very unrealistic. We also look at events in Russia and reflect on how South Africa managed to avoid getting too far into bed with a dangerous foreign power. – Felicity Duncan

Hello, and welcome to this week's episode of From the Editor's Desk. This is BizNews Radio and I am Felicity Duncan. With me, as always, is Alec Hogg.

___STEADY_PAYWALL___

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