Rational Perspective

In today's business headlines: The IMF says South Africa needs to take “robust actions” to reduce its fiscal deficit and reverse the increase in public debt; The Absa purchasing managers’ index (PMI) has dropped again in May after a slight rise in April; South African vehicle sales fall again; The rand ended slightly firmer and the Bloomberg year-end forecast looks rosy; The Public Protector fires another salvo at Minister of Public Enterprises Pravin Gordhan. See omnystudio.com/listener for privacy information.