For the South African economy to recover, immediate issues like the government wage bill, tax collection and managing debt have to be addressed. Finance Minister Tito Mboweni made the remarks in his Budget 2021 presentation. But a Nedbank CIB report says it may take the economy a few years to recover from what it calls a “pandemic-induced” recession. Business Day TV spoke to Nedbank CIB Research Analyst Reezwana Sumad.
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