Tag ArchivesRaymond Parsons

Prof Raymond Parsons

SONA 2019 REACTION: Fixing Eskom a ‘big ticket item’

The crucial test of the State of the Nation (SONA) message this evening will be the successful implementation of planned policies and projects.  This is according to NWU Business School Economist Professor Raymond Parsons. (more…)

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Prof Raymond Parsons

SA will need to make much more strenuous efforts to break out of ‘low growth’ trap

South Africa will need to make much more strenuous efforts to break out of the ‘low growth’ trap into which a recession has now pushed it.  This is according to Professor Raymond Parsons, economist at the North West University Business School. ‘The extent to which the latest GDP figures for 2Q 2018 confirm that the […]

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Prof Raymond Parsons

‘Cabinet reshuffle positive for the economy’

Despite the inevitable political compromises, on balance the reshuffling of the cabinet is a positive step for the economy.  This is according to NWU School of Business and Governance economist, Professor Raymond Parsons. ”Although the changes to the Cabinet are inevitably the outcome of political compromise, the latest reshuffle of the Cabinet by President Cyril […]

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Prof Raymond Parsons

S&P and Moody’s send strong message to SA

The latest decisions by S & P Global Ratings and Moody’s on SA’s investment rating, although less severe than widely expected, nonetheless send another strong message to SA to get its house in order sooner rather than later. This is according to NWU School of Business and Governance Economist, Professor Raymond Parsons. (more…)

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Frequent cabinet reshuffles high cost to economy

Whatever the political dynamics behind the decision, from an economic point of view the news of yet another Cabinet reshuffle again emphasizes the extent to which constant changes at the top of government and the public sector contribute to policy uncertainty. This is according to NWU School of Business and Governance Economist, Professor Raymond Parsons. […]

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Prof Raymond Parsons

‘A surprise but welcome cut in interest rates’

‘The surprise but welcome decision by the MPC to reduce interest rates by 25 basis points, despite the fact that there remain potential risks to the inflation outlook, emphasizes the SARB’s concern about SA’s growth prospects,” says Professor Raymond Parsons, economist at the NWU School of Business and Governance. “This is confirmed by the MPC’s […]

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Prof Raymond Parsons

Recommendation to nationalise SARB challenges central bank status

“Following on the recent decision by the Public Protector for Parliament to change the South African Reserve Bank (SARB)’s mandate by amending the constitution, the recommendation yesterday by the ANC conference to ”nationalize’ the central bank again challenges the status of the Bank.” (more…)

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Prof Raymond Parsons

Public Protector’s proposal to change SARB mandate opens ‘a Pandora’s Box’

  ‘The Public Protector’s proposal that the mandate of the South African Reserve Bank (SARB) should be changed in order to be more ‘transformation-led’ threatens to open a Pandora’s Box of additional risks for markets and rating agencies about SA. This is according to economist Professor Raymond Parsons. (more…)

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