Gov’t fiscal crunch squeezes business confidence
Friday, August 29, 2025 | 1020 Views |
Slowing down: Government’s fiscal challenges are the biggest concern facing local firms PIC: MORERI SEJAKGOMO
The Business Expectations Survey (BES) for the second quarter of this found that long-term expectations of the business environment are skewed to the downside, with the main worries fuelled by the government's limping revenues and spending.
The researchers found that businesses were wary of market conditions following a series of government announcements to cut spending and halt an array of planned and budgeted expenditure.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...