Municipal Failure, Capital Collapse, and SA’s Macroeconomic Trajectory
Political economist Duma Gqubule and Momentum Investments Chief Economist Sanisha Packirisamy break down the severe economic consequences of South Africa’s local government crisis. Together, they analyze how failing municipal infrastructure, collapsing fixed investment, and systemic local fiscal risks directly drag down national GDP, threaten sovereign ratings, and shape the country's broader macroeconomic stability post-elections. www.kaya959.co.za · Kaya FM
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