South Africa finmin says economy to have two tough years ahead - CNBC Africa

South Africa finmin says economy to have two tough years ahead

Southern Africa

by Reuters 0

South Africa Finance Minister, Nhlanhla Nene says, economy to have two tough years ahead. PHOTOS: GCIS

"The 2015 budget is about making choices. Sometimes those choices can be tough," Nene told an business breakfast.

(READ MORE: Nene shrinks government spending in his debut mini-budget)

"This requires a shift to a growth trajectory led by investment, not consumption."

 

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