
Zuma – Yes I know he’s overdone…
December 20, 2007But there’s some worthwhile news on this front. While some of our riotous others made a significant noise over the weekend at the ANC conference — investors may make their own noise which will come to hurt the economy as they become a bit nervous on what the country’s future fiscal policies will be after Zuma’s victory. No country is without a divide but after crying out for a Rainbow Nation – A unified South Africa – The best democracy in the world- and the Proudly South African Campaign, one should worry about the petals falling from the rose. Instead of moving forward (especially into 2010) in a unified voice – tensions in South Africa mainly from the ANC are set to make the Motherland’s footsteps a bit shaky. Unfortunately the ANC does set the mood of the country in general. So what mammoth task does the party have moving forward? Reassure investors and from Standard Chartered economist, Razia Khan — their immediate task is to heal the recent rift and underscore a firm commitment to market principles. One of which would be — to keep your hand on the right side of the cookie jar.
FISCAL POLICY: The use of government spending and taxing for the specific purpose of stabilizing the economy.(campbell r harvey’s hypertextual finance dictionary)