Good and bad from the budget

Lullu Krugel
Lullu Krugel

Experts dissect what fiscal policy means for SA

COMPANIES and individuals need to find innovative ways to deal with the good and the bad from the budget.

KPMG experts dissected the effect of the national fiscal policy yesterday at a post-budget discussion for a select group of clients and stakeholders in Port Elizabeth.

KPMG managing partner Alan Barr said the Eastern Cape needed to focus on economic growth and overcome some of the negativity of recent times.

“The Nelson Mandela Bay Business Chamber and the Business School have developed a business vision to position us as the best mid-sized city in Africa. We need to work closely with the metro to achieve this,” Barr said.

The Business Vision 2030 framework plan is a collaboration between the chamber and the Nelson Mandela Metropolitan University Business School, with input received from various stakeholders including Coega, Transnet and the municipality.

But becoming more competitive globally and achieving the status of top city in Africa had its challenges in the current South African economic environment.

-Cindy Preller

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