Tag: State-Owned Enterprises

Teneo-Europe-Report

SOUTH AFRICA: Mboweni’s do-or-die budget

● Expectations ahead of the budget presentation on 26 February are largely pessimistic in the context of deteriorating economic growth and skyrocketing public debt.

● Finance Minister Tito Mboweni will try – against all odds – to avert the loss of South Africa’s final investment-grade credit rating.… Read the rest

Teneo-Europe-Report

SOUTH AFRICA: Davos talk vs ANC politics

Finance Minister Tito Mboweni will fly South Africa’s reform flag at the World Economic Forum (WEF) next week, though his refreshing policy views will rightfully be seen as those of a lone voice within a divided ruling party.… Read the rest