Sovereign risk

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South Africa is broke, increasing the odds of an IMF bailout

May 12, 2020

Unemployment figures and Eskom results were that sparked calls for an IMF bailout – but there are a lot of mitigating steps that government can still take before that, starting with the budget,...

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RECENT POSTS

STUART THEOBALD: Fast response let down by economic blunders

May 4, 2020

My life is divided between the UK and SA. So I’ve seen the Covid-19 responses in both countries, and the comparisons are revealing.

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STUART THEOBALD: SA can learn from experience as we suffer a dose of the past century’s crises

April 6, 2020

The financial turmoil will feature some elements of the Great Depression, a world war, the dot-com bubble and the 1970s oil crisis.

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PETER ATTARD MONTALTO: This is the time to apportion blame, correctly

March 30, 2020

The government will attribute slow growth and recovery to the coronavirus and low global demand.

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Coronavirus: cases and costs

March 25, 2020

The president’s response to the coronavirus has been solid while the Reserve Bank upgraded its response to bazooka-level; but the economy still faces severe contraction, says Peter Attard Montalto,...

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STUART THEOBALD: SA is ill-equipped to put economy on a war footing

March 23, 2020

This is war. There is a health front, but also an economic front. Saving the economy will require wartime thinking.

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PETER ATTARD MONTALTO: Scrap the empty rhetoric and be a bit of a dictator

January 20, 2020

How many times can you say the same thing and still have people come along for the ride? When a process is mired in a lack of transparency can you say the opposite of what is actually happening?

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