GDP

Greenshoots for the South African Economy But More to be Done

Greenshoots for the South African Economy: But More to be Done

Greenshoots for the South African Economy: But More to be Done 800 800 Frontline Africa Advisory

South Africa received some welcome news after the credit ratings agency S&P decided to upgrade both SA’s foreign currency long-term sovereign credit rating to ‘BB’ from ‘BB- ‘and local currency long-term sovereign credit rating to ‘BB+’ from ‘BB’. Its outlook remains positive. Another agency, Fitch affirmed South Africa’s sovereign rating at BB- with a stable…

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budget 3.0

Reflections on Budget 3.0

Reflections on Budget 3.0 800 800 Frontline Africa Advisory

Introduction On 21 May, Finance Minister Enoch Godongwana tabled an updated Budget that seeks to strike a delicate balance between economic growth and social stability. Positioned as a pragmatic response to South Africa’s intersecting crises – rising debt, stagnant growth, and widening inequality – Budget 3.0 offers targeted spending shifts rather than sweeping reforms. It…

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