Transforming SA economy through New Targets

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…
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Bukindaba Group Congratulates New Minister of Finance Mr Tito Mboweni

Bukindaba Group Congratulates New Minister of Finance Mr Tito Mboweni

Bukindaba Group Congratulates New Minister of Finance Mr Tito Mboweni It is with great joy that we take an opportunity to congratulate and welcome the news of the appointment of the new minister of Finance Mr. Tito Mboweni (2018-). These news come in an investment environment that has been slaggish over the first and second quoter year 2018, with the GDP dragging at 0.7% and a growth projection revised down below 2%. The impeccable understanding of markets and economics that Mr Mboweni comes with, as a former Governer of the SARB, certainly brings fresh confidence across all players and stimulates new hope for us in the investment community. Mr. Mboweni is a known supporter of fiscal prudence, and as he comes to head the Treasury, we can only hope for…
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