Will Pravin Gordhan's budget save SA from downgrade?

Finance Minister is set to table the 2016 budget, which some commentators say is the country's toughest one in decades.

Bruce Whitfield spoke to George Glynos, the managing director and chief economist at ETM Analytics about what's in store for South Africans.

Listen to the conversation below:

It's about whether South Africa has got it in itself to stabilise the fiscal ship... It's a tough balancing act.

George Glynos, Managing Director and Chief Economist at ETM Analytics

He's got the golden opportunity now to take tough decisions. We have a golden opportunity because the economy hasn't been performing...

George Glynos, Managing Director and Chief Economist at ETM Analytics

There's gonna be some give and take... The message that we've been given is that the private sector will be tapped into.

George Glynos, Managing Director and Chief Economist at ETM Analytics

The best motive for any company is to make profit... There are ways to create a business-friendly environment

George Glynos, Managing Director and Chief Economist at ETM Analytics

As Pravin Gordhan once said: 'a good finance minister never lets a good crisis go to waste'. I hope he takes this opportunity to make tough choices.

George Glynos, Managing Director and Chief Economist at ETM Analytics

This article first appeared on 702 : Will Pravin Gordhan's budget save SA from downgrade?


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