Once Covid-19 vanquished, Cyril needs similar economic boldness Â
The SA economy desperately needs an overhaul. Once the Covid-19 dust settles, that must be the priority for President Cyril Ramaphosa.
Debt-to-GDP ratio
Eskom risk could push South Africa debt to GDP to 70% – Moody’s
Moody’s sees South Africa’s ratio of debt to gross domestic product deteriorating should the country fail to contain spending and funding risks from the state power company.
Alec Hogg unpacks Budget 2019 – the full webinar
Two and a half hours after finance minister Tito Mboweni’s presentation of the 2019 Budget to Parliament, hundreds of Biznews community members joined in our webinar with editor Alec Hogg.
Budget 2019: Eskom risks pushing debt-to-GDP ratio up to 60%
All eyes will be on Finance Minister Tito Mboweni this week as he delivers his maiden Budget Speech announcement.
Alec Hogg’s Rational Perspective
Sharing his perspective this morning, Alec taps into his Budget experience in Pretoria yesterday, briefly noting the highs and lows of the Speech.
Budget 2015: SA’s Debt:GDP ratio – Scariest graphic in Nene’s package
In the Budget Press Conference I asked Nene how “hard” the 44% projection is – because in 2012 his predecessor Pravin Gordhan put the peak, in 2015, at 38%.
SA drops to Africa’s #2, Nigeria’s rebasing puts its GDP 34% bigger at $500bn
It’s been rumoured for a while, but now South Africa’s under-performing economy has been given its coldest possible shower with news that not only has Nigeria’s GDP surpassed SA’s, but there’s daylight between the two. Nigeria’s rebased GDP is a touch above $500bn, a full one third bigger than SA’s $370bn. With Nigeria’s GDP growing … Read more