Should the government be giving grants in order to alleviate poverty or open up the economy by spending where more jobs can be generated? Find out from a debate held on Summit TV, Chris Hart from Investment Solutions and Parsons from Business Unity South Africa (Busa) – two of South Africa’s best economists – give us their views –
South Africa is in a bit of a jam. It is the worst global economic crisis and the rand is weakening fast against the dollar and while falling fuel costs may be a plus – the weak rand doesn’t make us feel the benefits much. Then commodities, which are SA’s strength are falling in price, especially gold. Another rate hike seems to be on the cards –
spykedup! 