South Africa is officially in a double dip recession, strap yourself in! Does Cyril have the backbone to prevent ‘triple dip’ by making the necessary pragmatic calls immediately? The unions have ‘declared war’ on Tito and government’s plans to cut jobs and save R150 billion in the medium term. The sovereign wealth fund sounds nice, but is South Africa in a position to administer such? Will the world pivot from a China-centric production model after coronavirus stalls all production there? Bloomberg is out, Biden is now the front runner. Brought to you by Nando’s.

 

 

Cosatu ‘declares war’ on Tito’s budget

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