Economic Newsletter July 2011

2011-07-04

More side way movement with very little upward or growth thrust.

"SA cannot afford to entertain the current economic talk and policy suggestions. Countries much less advanced and for many years our understudy are taking us over in terms of ratings profiles, etc. Even countries in Africa are gaining on us. Our status as the undisputed campion of Africa are under serious threat. These countries are implementing market driven policies.
We need to catch a wake up call."

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General Manager: Intergovernmental Relations
KZN Provincial Treasury
Economist (MEcon, US)
033 897 4538
http://www.kzntreasury.gov.za/