South African Medium Term Budget: what to expect?

For any successful economy, a spirit of mutual respect and teamwork between Government and the private sector must exist. In South Africa, business confidence is at its lowest level since 2009, which, unsurprisingly, coincides with low GDP.

This paper provides an economic overview and addresses the situation Gigaba currently finds himself in while providing some insight into the outcomes JCRA expect to see from the announcement, and what the South African economy needs to jump-start itself.