South Africa Business Communities

Powered by Africa Business Communities

Prudent Fiscal Policy Boosts Strength of Rand

South Africa’s history of prudent fiscal decision-making is making it an attractive investment option compared to developed economies which are straining under potentially devastating fiscal uncertainty, says BoE Private Clients Economist Madalet Sessions.

Commenting on the drivers behind the current strength of the rand, Sessions says: “SA is an attractive investment destination compared to the developed world and the economy’s growth prospects compare favourably with developed markets.  Years of prudent fiscal policy have resulted in a conservative debt ratio, and the SARB is a credible inflation targeting central bank.”

Sessions says that Europe’s sovereign crisis shows that monetary independence combined with prudent fiscal and monetary policy, as adopted and practiced by South Africa, offers a “vastly superior risk-reward profile to investors”. 

“If SA continues these prudent policies it will remain an attractive destination for foreign investors. While the effect of not raising theUSdebt ceiling in the near-term is not yet entirely clear, it seems increasingly apparent that emerging markets with sustainable, prudent policy frameworks are likely to continue to attract capital.”

 

www.afribiz.info

Views: 24

Comment

You need to be a member of South Africa Business Communities to add comments!

Join South Africa Business Communities

Africa Business Panel | B2B Market Research

As a valued LinkedIn group member, we invite you to join a prestigious online community.


The Africa Business Panel is open exclusively to business men and women engaged in business on the African continent.

 

As a participant in the African Business Panel, you will benefit in several ways and at the same time, you will have no obligations whatsoever. You will decide if and when you want to participate. However, the more you participate in surveys, the better your chances of benefiting from your membership.

Click here to join now



Badge

Loading…

Jobs in Marketing - Johannesburg

Marketing Coordinator (Johannesburg)

Posted by: PRIMEDIA (PTY) Ltd</i>
Province: Gauteng
Education level: Degree
Have own transport: Yes
City: Johannesburg
Type: Permanent
Read full job description...

Human Capital Analyst (Johannesburg)

Posted by: Primedia Pty Ltd</i>
Province: Gauteng
Education level: Degree
Have own transport: Yes
City: Johannesburg
Type: Permanent
Read full job description...

Senior Marketing Manager (Johannesburg)

Posted by: Viacom International Media Networks Africa</i>
Province: Gauteng
Education level: Degree
Have own transport: Yes
Travel requirement: Occasional
City: Johannesburg
Type: Permanent
Read full job description...

Graphic Designer Marketing Administrator (Edenvale)

Posted by: Rage</i>
Province: Gauteng
Education level: Diploma
City: Edenvale
Type: Contract
Read full job description...

Quantitative Analyst (Sandton)

Posted by: E-merge IT Recruitment</i>
Province: Gauteng
Education level: Degree
City: Sandton
Type: Permanent
Read full job description...

Marketing Rep (Pretoria)

Posted by: Capital Growth</i>
Province: Gauteng
Education level: Matric
Travel requirement: Occasional
City: Pretoria
Type: Permanent
Read full job description...

Junior Marketing Coordinator (Johannesburg)

Posted by: Digigroup</i>
Province: Gauteng
Education level: Diploma
Have own transport: Yes
City: Johannesburg
Type: Temporary
Read full job description...

Marketing Assistant/Junior AE (Sandton)

Posted by: Cardilogix</i>
Province: Gauteng
City: Sandton
Type: Permanent
Read full job description...

Content Marketing Specialist (Johannesburg)

Posted by: Digital Cloud</i>
Province: Gauteng
Education level: Degree
City: Johannesburg
Type: Permanent
Read full job description...

© 2018   Created by Bas Vlugt.   Powered by

Badges  |  Report an Issue  |  Terms of Service