With Finance Minister Pravin Gordhan preparing to deliver his 2017 National Budget speech on Wednesday, the South African Chamber of Commerce and Industry (Sacci) weighed in on its expectations at a time when South Africa is experiencing subdued economic growth. Amid the Reserve Bank having revised its forecast for South Africa’s economic growth to 1.1% for 2017, down from a previous outlook of 1.2%, Sacci on Tuesday said it would like to see this year’s Budget speech address the decline of employment in the mining and construction industries and how growing sectors can be assisted to create more jobs.
Source: www.engineeringnews.co.za
Sacci outlines Budget expectations
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