Economic 'euthanasia'? SA is heading for 'fiscal cliff', warns expert - a look ahead at 2021

Loading player...
In a sobering assessment of the state of the South African economy, Marius Oosthuizen, an economics and leadership expert at the University of Pretoria's Gordon Institute of Business Science (Gibs), warns that the country has run out of money and politicians have run out of ideas. He explains why ANC policy is not working to generate the higher level of economic growth needed to create jobs. Bloated state-owned entities like Eskom are dissected, too, in this in-depth discussion with Jackie Cameron, editor at large, at BizNews. Oosthuizen says an alternative is for regions and cities to circumvent problems. Learn more about your ad choices. Visit megaphone.fm/adchoices
14 Jan 2021 10AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min

The BizNews Edge: Economic warnings flash; Corporate giants mispriced; SpaceX tumbles

We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater’s debt-free gold business despite solid restructuring plans. We also highlight Attacq’s resilient property portfolio and Steenkamp Kraal’s historic rare earth…
23 Jun 6AM 13 min