BLSA happy with Ramaphosa's economic stimulus plan
503 views · Published 21 September 2018 · 7:24 · Indexed 29 September 2026
Channel: SABC News · 2018 · News & Politics
President Cyril Ramaphosa has announced a plan to revitalise the economy and put it on a firmer footing and address socio economic challenges. The president says given the contraction of the economy, it is evident that the country's challenges are huge. The stimulus package include financial and non-financial interventions aimed at boosting investor confidence, economic activity, job creation and addressing service delivery challenges. Business leadership South Africa has welcomed the stimulus package policy announced by President Cyril Ramaphosa aimed at reviving the economy. BLSA says this will help boost business confidence and inject the much needed funds into various sectors of the economy. Meanwhile Economists have given it a nod and a thumbs up saying re- prioritising 50 billion rand to boost economic growth and create jobs while remaining deficit neutral, thus saving the country money. For more news, visit: sabcnews.com
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