CR’s New Deal: Real recovery, or has SA seen this economic plan before? Join the debate

Loading player...
President Cyril Ramaphosa revealed an ambitious post-Covid-19 economic recovery plan in Parliament construction in Parliament which could create 800,000 jobs. It also includes a 3-month extension of social grants and amendments to the red lists of countries to enable more tourists to come to South Africa.  BizNews panel consisting of venture capitalist Vusi Thembekwayo, political analyst Lukhanyo Mnguni and Busi Sibeko from the Institute for Economic Justice said the government stimulus package for the economy should be coupled with anti-corruption measures to ensure that the money allocated, gets to the right people. There was also a suggestion that the informal sector should receive more help, that credit markets should be liberalised and that the provinces would be a perfect place to start trimming the bloated civil service. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Oct 2020 3AM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min