According to Intellidex’s Peter Attard Montalto, Moody’s has remained unjustifiably optimistic about South Africa for too long and appears to be taking whatever the government says and promises at face value. Read more in Business Tech
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.