We think there will be an announcement on exchange controls in the Budget or around the time of the Budget.
We think there will be an announcement on exchange controls in the Budget or around the time of the Budget.
Given the still relatively robust domestic demand and an anticipated pick-up in fixed investment spending, the trade balance should continue to trend weaker.
South Africa is screaming out for a broad-based policy response to deal with these obstacles.
Fortunately, interest rates remain at 25-year lows and are expected to remain low over the coming year.
© 2020 Inspirational Stories
© 2020 Inspirational Stories