Transforming SA economy through New Targets
The South African economy needs transformation urgently to pull it out of stagnation. In fact, there are specific areas that need urgent attention if we want to reach our full economic potential as a country. Consumer confidence is hampered by rising costs of living and purchasing power is dwindling with escalating Petrol costs as the consumer has to prioritize spending on transport over other good in the buckets. At the time of releasing this particular article (week leading to the 2018 MTBPS (Medium Term Budget Policy Statement) by new finance minister, we are waiting to hear if the new minister will make some new pronouncements that could have new stimulating targets. Perhaps we need to revise how we set our targets and examine our state of mind that informs our…