Best of 2022: SA no country for rich people – Heystek vs Gore
For Heystek, the storm clouds have been gathering for quite some time and it doesn’t bode well for SA. Certainly, not as well as Adrian Gore would have us believe.
For Heystek, the storm clouds have been gathering for quite some time and it doesn’t bode well for SA. Certainly, not as well as Adrian Gore would have us believe.
For Heystek, the storm clouds have been gathering for quite some time and it doesn’t bode well for SA. Certainly, not as well as Adrian Gore would have us believe.
Magnus Heystek outlines the negative effects on business and consumer confidence following the news that Eskom is ramping up load shedding.
Prosus intends to sell some of its Tencent shares, to the value of around $14.6bn to increase financial flexibility and invest in growth.
Business confidence slid further in Q1. According to RMB, seven out of ten senior executives are concerned about current business conditions.
The South African Chamber of Commerce and Industry has called on the government to rethink economic policy and hurry up with vaccine roll-out.
A R200bn loan program, one of Ramaphosa’s plans to shore up a South African economy ravaged by Covid-19, may not even reach 10% of its target.
SA business confidence jumped to the highest level in more than two years as further easing of lockdown restrictions spurred a resurgence in activity.
The South African Chamber of Commerce and Industry is urging the government to speed up structural reforms to bolster economic growth.
The city currently has to buy all its electricity from Eskom, which generates most of its output from coal and is struggling to keep pace with demand.