SA’s economy is shifting — inflation, market rebound & budget surprises explained 📈🇿🇦 #FinanceTok #BudgetTalk #InvestSmart #BusinessTalk
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SA’s economy is shifting — inflation, market rebound & budget surprises explained 📈🇿🇦 #FinanceTok #BudgetTalk #InvestSmart #BusinessTalk
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TikTokbusinesstechsa
SA economy showing signs of recovery: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
SA economy showing signs of recovery: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
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The size of the SA economy is about R8 trillion (nominal GDP estimates).We produce around R7.5 trillion worth of goods and services every year and govt budget is there by R2.3 trillion a year.Going by what Phakel' Umthakathi said (giving each citizen R1 million. I'll happily leave out the "for the rest of their lives" part because that's pure nonsense that shouldn't even be slightly entertained), then govt would have to spend roughly R60 trillion.That payout is 8x the size of the economy. To ach
0:29
The size of the SA economy is about R8 trillion (nominal GDP estimates).We produce around R7.5 trillion worth of goods and services every year and govt budget is there by R2.3 trillion a year.Going by what Phakel' Umthakathi said (giving each citizen R1 million. I'll happily leave out the "for the rest of their lives" part because that's pure nonsense that shouldn't even be slightly entertained), then govt would have to spend roughly R60 trillion.That payout is 8x the size of the economy. To ach
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