![[Watch] Helen Zille rows in dirty drainwater – City hurries to fix it!](https://www.thesouthafrican.com/wp-content/uploads/2026/04/Helen-Zille-rows-an-inflatable-boat-in-a-flooded-road-in-Dobsonville-Soweto.jpg.optimal.jpg?#)
PSG welcomes conservative Budget, says moving in right direction
During a post-Budget briefing on February 27, financial services firm PSG group chief economist Johann Els and PSG policy and regulatory affairs head Ronald King said that, while South Africa faces many challenges, it is handling the broader economy effectively through macro-prudential guidelines and the National Treasury is doing well on providing fiscal policy. The 2026 Budget sent a signal that the promises made by government on fiscal discipline and economic reforms would continue to be delivered, at least in terms of the National Budget. It also relied on conservative estimates and forecasts, said King.
During a post-Budget briefing on February 27, financial services firm PSG group chief economist Johann Els and PSG policy and regulatory affairs head Ronald King said that, while South Africa faces many challenges, it is handling the broader economy effectively through macro-prudential guidelines and the National Treasury is doing well on providing fiscal policy. The 2026 Budget sent a signal that the promises made by government on fiscal discipline and economic reforms would continue to be delivered, at least in terms of the National Budget. It also relied on conservative estimates and forecasts, said King.
What's Your Reaction?
theprofiler
A profiler of note
