Budget only kicks SA growth and debt cans down the road

The raid on the gold and foreign exchange fund is easy money, but steps need to be taken to boost SA’s economy

25 February 2024 - 00:00

South Africans are notoriously bad at saving, according to conventional wisdom, which routinely berates us for spending as least as much as we earn, and often more. For that, we have an entire industry whose sole business is bailing out individuals with “payday loans” that see the hapless borrower through to the next salary day. ..

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