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Saturday, February 27th, 2021

Economic ‘euthanasia’? SA is heading for ‘fiscal cliff’, warns expert – a look ahead at 2021

by January 14, 2021 Financial News

In a sobering assessment of the state of the South African economy, Marius Oosthuizen, an economics and leadership expert at the University of Pretoria’s Gordon Institute of Business Science (Gibs), warns that the country has run out of money and politicians have run out of ideas. He explains why ANC policy is not working to generate the higher level of economic growth needed to create jobs. Bloated state-owned entities like Eskom are dissected, too, in this in-depth discussion with Jackie Cameron, editor at large, at BizNews. Oosthuizen says an alternative is for regions and cities to circumvent problems. …

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Author: BizNews The Daily Insider

This article was originally posted on BizNews.

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