Cas Coovadia Managing Director of Banking Association of South Africa says Minister Pravin Gordhan said all the right things. The epitaph will be ensuring his promises are followed through.
He talked about fiscal consolidation and reducing budget. They were all very strong messages— Cas Coovadia BASA
The question on everybody's lips. Has the Minister done enough to ensure the much needed upturn in economic growth to avoid a ratings downgrade?
We have got to get investments going. Regulatory blockages need to be addressed and legislation reviewed. We need to push very hard to identify the legislative blockages to investment, to business growth and business developments— Cas Coovadia BASA
Listen to Coovadia on this and his take on Gordhan's commitment to addressing the drain of resources due to poorly managed State Owned Enterprises, as well as the Minister's promises to assist the development of SMEs.