THE BAD

Finweek English Edition - - THE WEEK -

Fi­nance min­is­ter Malusi Gi­gaba’s pro­pos­als to kick-start the econ­omy failed to im­press mar­ket par­tic­i­pants. 27four In­vest­ment Man­agers’ Fa­tima Vawda de­scribed the 14-point-plan as a “ma­jor let­down”. “The com­mit­ments did not re­veal any ur­gency in re­dress­ing the eco­nomic and po­lit­i­cal out­look that has given cre­dence to the scep­tics’ view that the gov­ern­ment is not se­ri­ous about fix­ing the many eco­nomic and po­lit­i­cal ills that con­trib­uted to the re­cent down­grades,” she said in an ar­ti­cle pub­lished by Daily Mav­er­ick. His plan “does noth­ing to in­crease con­fi­dence and trust” she wrote.

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