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SONA

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...
19 Feb 2018

Budget to address reliance on state

By Janice Roberts

This week the South African Finance Minister will outline the government’s top-level financial plan to tackle the country’s growing fiscal deficit. To avoid a further credit rating downgrade, and maintain the momentum created by a renewed sense of business confidence, the 2018 National Budget will need to explicitly outline how the state plans to strengthen...
16 Feb 2018

What a truly ‘radical’ SONA would sound like

By Janice Roberts

Today’s State of the Nation Address will be a critical indicator of the prospects of the optimism generated by Cyril Ramaphosa’s ascendancy being turned into real improvements in the lives of people. The key issue is what SONA will reveal about the policy direction that South Africa will take.
15 Feb 2018

Economists' wish list for tomorrow's SONA

By Janice Roberts

  President Cyril Ramaphosa will deliver his maiden State of the Nation Address (SONA) on 16 February 2018. The annual speech kicks off the Parliamentary year and focuses on the country’s current political and economic situation. Regarding the latter, South Africa experienced deteriorating economic conditions during 2014-2017, and there is great hope for an improvement...
10 Feb 2017

SONA: Government intervention and poor policy will hamstring the economy

By Janice Roberts

Trade union Solidarity today said that President Jacob Zuma’s proposed steps for “radical economic transformation,” referred to in the State of the Nation address, are a continuation of a harmful policy that will not get the country out of the fix it is in, but would rather suppress the economy even further.
10 Feb 2017

SONA 2017 - a market perspective

By Janice Roberts

By Sanisha Packirisamy, Economist, and Herman van Papendorp, Head of Asset Allocation at Momentum.  
09 Feb 2017

SONA: Zuma will focus on faction rather than on unification – Solidarity

By Janice Roberts

Trade union Solidarity today said that this year’s State of the Nation Address will not differ much from previous ones.
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