While there are early signs of a recovery in the local economy, with expected business conditions improving, government now needs to show – through its Budget later this month – that it has the credibility to take the country forward and build business and consumer confidence. Speaking at a roundtable on Friday, financial services provider Citi South Africa chief economist Gina Schoeman said there was still no structural underpin to the economy, which was the biggest challenge to the country’s gross domestic product growth, with a lot of boxes still needing to be ticked.
Source: www.engineeringnews.co.za
Budget is watershed moment for South Africa’s economy – economist
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