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Assessing and promoting civil and minority rights in South Africa.

[Source: Moneyweb by Adriaan Kruger.]

Government apparently needed another economic advisory panel.

It seems the reams of data produced by Statistics SA, SA Reserve Bank’s impeccable economic research, and the inputs from the ministers of finance and public enterprises are not sufficiently clear about what is wrong in the economy and how to fix the problems.

The new Presidential Economic Advisory Council will, according to The Presidency, “ensure greater coherence and consistency in the implementation of economic policy and ensure that government and society, in general, are better equipped to respond to changing economic circumstances”. The new economic advisory council is also intended to build a capable state.

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South Africa at a Glance
58 780 000 (mid 2019 estimate)
3.6% y/y in November 2019 (CPI) & +2.3 y/y in November 2019 (PPI)
-0.6% q/q (3rd quarter of 2019)
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