Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating
Private sector investment is needed to solve the country’s logistics problems but poor rail infrastructure will prevent this from happening
The consortium said Novick stepping down amid a conflict of interest would clear the path for the transaction to go ahead
Labour has been on the receiving end of a failing economy’s onslaught, giving a business-friendly government the upper hand
The market is set to slow as consumers feel higher bond costs but the slump will not be as dramatic as in economies where buoyancy is the rule not the exception
Policymakers have been warned to remain disciplined as economies navigate headwinds — no matter how much it hurts
Critics of fiscal consolidation warned that spending cuts would harm an already fragile economy
The Reserve Bank governor has cautioned against ‘reckless’ fiscal and monetary policies amid global shocks
Fiscal consolidation is drawing to a close as the public purse was boosted by commodities, but the treasury will probably continue exercising restraint
The minister’s medium-term budget policy statement had to balance the fiscal risk of state-owned entities and the threat their collapse posed for the economy