DAUNTING PROSPECT

12th February 2021 By: Darlene Creamer

DAUNTING PROSPECT

South Africans were naturally hoping that 2021 would be better than 2020. Unfortunately, it’s becoming clearer by the day that the obstacles to an economic recovery are even more daunting than initially feared. While the scale of the challenge is already clear for all to see, Finance Minister Tito Mboweni’s upcoming Budget speech is likely to reinforce just how much effort will be needed to put the ailing South African economy back on to a firm growth footing.