Expect tough times as the economy feels the anticipated fallout – Ramaphosa

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President Cyril Ramaphosa. Picture: GCIS
President Cyril Ramaphosa. Picture: GCIS

The economy is in the throes of the anticipated fallout from the global crisis, and South Africa is feeling it.

This was the word from President Cyril Ramaphosa, who in his newsletter to the nation on Monday morning, outlined the state of the economy ahead of Finance Minister Tito Mboweni tabling a revised national budget in Parliament this week.

Read: Mboweni faces battle with trade unions as he stands firm on plans to cut wage bill

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ANC secretary-general Ace Magashule has written a letter suspending party president Cyril Ramaphosa in apparent retaliation after he was served with a letter of suspension on Wednesday.
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