B2B Central

Professor Raymond Parsons

28 Mar 2018

Rate cut will help to strengthen consumer and business confidence

By Janice Roberts

‘The widely expected decision by the Monetary Policy Committee (MPC) of the SARB to cut interest rates by 25 basis points, even though it was a split MPC vote, was the right one for the economy at this juncture and will strengthen consumer and business confidence,” says NWU School of Business Economist Professor Raymond Parsons....
24 Mar 2018

Moody's decision 'good news' for SA economy

By Janice Roberts

Moody’s decision on SA’s investment rating is good news for the economy and the country must use the breathing space wisely.  This is the view of NWU School of Business and Governance Economist, Professor Raymond Parsons. ‘The widely-expected but critical decision by Moody’s to retain South Africa’s existing investment rating and also to raise the...
21 Feb 2018

BUDGET 2018: COMMENT - Decision to raise VAT 'inevitable'

By Janice Roberts

The decision to raise VAT in Budget 2018 was ‘inevitable’, but risks of continuing to raise various taxes in the face of weak growth is why SA needs much higher economic growth rates. This is according to Professor Raymond Parsons, economist at the NWU School of Business and Governance “Despite its laudable goals and commitment...
15 Feb 2018

Zuma's resignation paves way for better economic prospects for SA

By Janice Roberts

“The resignation of President Jacob Zuma and the expected accession of Deputy President Cyril Ramaphosa to the Presidency of SA now paves way for better economic prospects for SA,” says Professor Raymond Parsons of the NWU School of Business andGovernance. “It marks the end of a period of political and policy uncertainty in which SA...
28 Nov 2017

Getting fiscal 'mix' right in Feb 2018 Budget a major determinant of investment status

By Janice Roberts

Credibility and confidence in economic policy will be key factors in evaluating the latest fiscal response to recent credit rating agency decisions.  That’s the word from NWU School of Business and Governance Economist, Professor Raymond Parsons. “The decision by President Jacob Zuma to instruct the Presidential Fiscal Committee to actively tackle four key areas of...
25 Oct 2017

Budget comment: MTBPS 'a holding operation'

By Janice Roberts

The 2017 Medium Term Budget Policy Statement (MTBPS) is more of a holding operation than a bold plan to turn the economy around.  This is according to NWU School of Business and Governance Economist, Professor Raymond Parsons.
17 Oct 2017

Frequent cabinet reshuffles high cost to economy

By Janice Roberts

Whatever the political dynamics behind the decision, from an economic point of view the news of yet another Cabinet reshuffle again emphasizes the extent to which constant changes at the top of government and the public sector contribute to policy uncertainty. This is according to NWU School of Business and Governance Economist, Professor Raymond Parsons.
12 Oct 2017

Minister Gigaba must ensure message of MTBPS is 'credible'

By Janice Roberts

Finance Minister Malusi Gigaba must ensure that the message of the next Medium Term Budget Policy Statement (MTBPS) is credible – and builds confidence in the road ahead for the SA economy, in ways which reduce policy uncertainty. That’s the word from Professor Raymond Parsons of the North-West University School of Business and Governance.  He was speaking...
16 Aug 2017

'Court decision on SARB must be welcomed'

By Janice Roberts

The Court decision yesterday affirming the constitutional mandate of the SA Reserve Bank (SARB) to ensure price stability in the interests of balanced and sustained growth in the SA economy is welcome, says Prof Raymond Parsons, economist at the NWU School of Business and Governance.
31 Mar 2017

Reshuffle heightens policy uncertainty

By Janice Roberts

Political changes at the National Treasury as a result of the cabinet reshuffle this week, heightens policy uncertainty.  This is according to Professor Raymond Parsons, NWU School of Business and Governence Economist.