Moody’s could reduce its forecast for economic growth and raise its expectations for the fiscal deficit implications, says Peter Attard Montalto, head of capital markets research at Intellidex. More in Bloomberg
Gains from improved collection by new management at the SA Revenue Service will be offset by emigration and lower growth than forecast. There are no gains to be had from higher taxes — they will... read more
Intellidex is a leading research and consulting firm that specialises in capital markets and financial services in Africa.