Elections key to reviving SA economy, say economists

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

SAElections2019: Elections key to reviving SA economy, say economists

But when it comes to South Africa's economic fortunes, it seems it's all about the elections.

When Eyewitness News canvassed economists earlier this year ahead of the decision by Moody’s to keep South Africa’s investment rating above sub-investment grade, every single one pointed to the general elections as a key event. Economist Azar Jammine believes it was partly the world’s wait-and-see attitude that saved us earlier this year from a ratings downgrade.

“They're totally cognisant of the fact that elections play a big role in terms of some of the policies,” he said. Nedbank economist Busisiwe Radebe said ratings agencies would be looking not only to Wednesday’s elections but to what happens afterward, specifically with regards to the country’s new Cabinet.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in LOANS

Loans Loans Latest News, Loans Loans Headlines