Medium-term expenditure frameworks can be useful only when they are based on comprehensive medium-term development plans.
- Professor of Economics, University of the Western Cape
South Africa needs some serious structural reforms before its moribund economy can come to life.
South Africa needs to urgently step up its efforts to drive economic growth by harnassing the power of the state, as well as the markets.
South Africa’s idea of radical economic transformation is missing a critical element.
The International Monetary Fund’s view of how to fix South Africa’s economy deserves to be seriously considered.
How is it possible that an African country whose currency is one of the top 20 most traded in the world only has the 33rd biggest economy?
Credit rating agencies have come in for a lot of flack. But the bottom line is that to attract investors with deep pockets countries can’t avoid having a credit rating. And a good one at that.
Since time immemorial, huge infrastructure projects have been financed with funds from the capital markets. Africa should not rely on development finance institutions.
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