The broad realities faced by President Cyril Ramaphosa’s in seeking to strike the right balance between lives and livelihoods in coping with the current serious third wave and its Delta variant should be recognized. This is the opinion of Professor Raymond Parsons, economist at the NWU Business School.
"The widely-expected official confirmation from StatsSA that the SA economy experienced a -7% GDP growth rate in 2020 aligns with most other recent authoritative assessments of the economic damage the country suffered last year from the drastic pandemic lockdown," says NWU Business School economist Prof Raymond Parsons.
‘The announcement by President Cyril Ramaphosa of a drastic lockdown in SA 21 days to combat Covid-19 for comes at the right time and is based on the successful experience of other countries in this regard." This is according to Professor Raymond Parsons, economist at NWU Business School.
The MPC’s decision today to reduce the repo rate by 25 basis points is a welcome recognition of the need to reduce borrowing costs for business and consumers in SA. This is according to NWU Business School economist, Professor Raymond Parsons. He explained that although it is a small step in the bigger scheme of...
The economic message emerging from the reconfigured and leaner cabinet announced by President Cyril Ramaphosa last night is potentially a positive one for business and the markets. That’s the word from NWU Business School Economist, Professor Raymond Parsons.
Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za