Newsmaker

How the state is shooting business — and itself — in the foot

Economist Richard Downing says government policy too often has the effect of deterring all-important direct fixed investment

26 January 2025 - 00:00 By CHRIS BARRON

Business confidence in South Africa may be at a nine-year high but a more significant indicator is gross fixed capital formation, which is dropping, says Chamber of Commerce & Industry economist Richard Downing. ..

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