The prospective rating agency is said to challenge the three pro-west dominant credit rating agencies Fitch, Moody’s and S&P global rating.
The recent rallying of the rand has also been indicative of the response from the outcome of the ANC’s 54th elective conference.
The global economy is enjoying a period of recovery and investors are hungry for new investment ventures.
Finally, some good economic news!
In South Africa, growth in 2017 went to the top 1% most wealthy people and nothing to the bottom 50%
“The challenge for government will be to find ways to finance the deficit in a growth-positive manner"
‘An improvement was observed in first-time defaults on personal loans, credit cards and home loans’
Expect to fork out for budget shortfalls, free education and Eskom, but interest rates, fuel and food could provide some relief
There’s another world outside the Nasrec Expo Centre where a number of ANC branch members, local business people and residents are part of the frenzy.
‘The draft Competition Amendment Bill is one of the ways government seeks to bolster economic inclusion by allowing more players in the market’