South Africa has just come back from the edge of a serious financial crisis: CEO

[BusinessTech]

South Africa has just come back from the edge of a serious financial crisis: CEO

The prospect of a serious fiscal crisis in South Africa has diminished, says Business Leadership South Africa (BLSA) chief executive Busi Mavuso.

 

[etienne_marais]

I hope this is true and not just fake optimism again

 

[rvZA]

Let's wait and see if there are any truth in this.....

 

[Baise]

Nkosana Dlamini Zuma .. " Hold my Beer " ..

 

[grok]

Don't worry, with the ANC's particular brand of Zumanomics we'll never be far from the precipice..

 

[pinball wizard]

Nkosana Dlamini Zuma .. " Hold my Beer " ..

 

[WollieVerstege]

We'll have to wait and see what rabbits the ANC is going to pull out of a hat to try and turn around their recent losses in the election.

 

[yebocan]

I hope this is true and not just fake optimism again

to be honest...we hear this regularly...but never see it translate to an improvement on the ground..., or we get hit by another own goal/ crise...

 

[PaulMurkin]

What rubbish.... someone clearly doesn't put their head out the window of their ivory tower

 

[Sinbad]

Let's be honest - the only thing that's moved SA a little way back from the precipice is the massive mining tax windfall. There's no tangible policy that is improving things.

 

[ToxicBunny]

Let's be honest - the only thing that's moved SA a little way back from the precipice is the massive mining tax windfall. There's no tangible policy that is improving things.

100% this.

The mining tax windfall has basically let the ANC kick the can down the road for another year so they can keep bumbling around with their thumb up their rectal cavity.