South Africa could dive into greater policy uncertainty as budget speech looms

The North-West University’s School of Business and Governance’s Policy Uncertainty Index for the fourth quarter of 2017 rose to 55.4, up from the 53.6 it recorded in the previous quarter. Speaking at a media briefing in Johannesburg, Professor Raymond Parsons noted that this decline into negative territory brought the index back to its ‘Nenegate’ level in the fourth quarter of 2015.