Fiscal constraints worsen business confidence
Friday, May 29, 2026 | 60 Views |
Balancing act: Technocrats at the Finance ministry are battling to steady the fiscal ship in an environment of lower revenues
The central bank’s latest Business Expectations Survey (BES) covering the period between the first quarter of the year, the second quarter and through to March 2027, found that the difficult, broader economic conditions were weighing down on local firms.
The survey covered 100 firms across various sectors of the economy and attained a 54% response rate, up from 50% in the December 2025 edition of the BES.
“Betrayal hurts, but knowingwho was betraying hurts even more.”- Garima SoniWhat the men of Ditlharapa, Molete and neighbouring villages uncovered is a cross-border enterprise. The modus operandi, as the suspect himself reportedly confessed, is industrial: groups operating in multiple villages, fences cut with impunity, stolen goats walked into South Africa, warehoused at Makhubung, then sold in batches of 200 to a commercial farmer in...