The Editor's Desk: SA is in recession, but what can we really do?

Loading player...
With South Africa officially in recession, the government is talking up the possibility of a multi-billion rand stimulus package to restore growth. But how realistic is this? After all, the rand is weakening, the country is already carrying a heavy debt load, and tax revenues are falling. In this episode, Alec Hogg and Felicity Duncan discuss the constraints that the ANC-led government is ignoring and the global context for SA's capacity to stimulate the economy. While a stimulus package would be great, it just seems very unrealistic. They also look at events in Russia and reflect on how South Africa managed to avoid getting too far into bed with a dangerous foreign power. Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Sep 2018 5AM English South Africa Investing · Business News

Other recent episodes

DA’s Double-Duty Man

South Africa doesn't hear enough from politicians who do the unglamorous work of fixing the state. Jan de Villiers is one of them. The DA MP and chair of Parliament's Portfolio Committee on Public Service and Administration just drove through a landmark law that tightens the firewall between party politics…
17 Apr 8AM 38 min

Elon Musk vs BEE: The explosive debate that could change South Africa forever

From Elon Musk’s Pretoria beginnings to global dominance, this conversation dives into power, policy, and South Africa’s economic crossroads. Solidarity’s Dirk Hermann unpacks the growing backlash against BEE, arguing it stifles jobs, fuels elite enrichment, and deters investment. With pressure mounting from markets, citizens, and international players, is reform inevitable?…
17 Apr 7AM 41 min