Roy Havemann, principal of financial sector policy and public economics at Krutham, joins Kaya Biz with Gugulethu Mfuphi to discuss how SA stumbled into a fiscal trap.
“Things are not looking great at the moment, although our fiscal position will improve. We must not give up and certainly try to get our economic reforms through. We must continue to hold the line on fiscal spending to ensure that debt does not increase and that’s how we walk back from the precipice,” says Roy Havemann.
Listen to the full clip below.