South Africa’s budget was finally delivered this week – but without the support of the ANC’s coalition partner, the DA. We suspect some form of compromise will be reached between the two parties to pass the budget, but this will entail fiscal slippage and heighten the challenge for the Treasury of convincing investors of its commitment to fiscal sustainability. Meanwhile the US’ tariffs on imports of steel and aluminium will affect South Africa more than others in the region, but the impact is likely to be small.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services