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FIRST TAKE | Ramaphosa seeks growth narrative, whereas Treasury has to talk cuts

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President Cyril Ramaphosa in parliament on Thursday. Photo: SA Presidency
President Cyril Ramaphosa in parliament on Thursday. Photo: SA Presidency

In trying to appease everyone in his economic recovery and reconstruction plan, President Cyril Ramaphosa may have set National Treasury up for failure, write Ron Derby and Qaanitah Hunter

With the South African economy in its deepest crisis in a century and facing a crisis of confidence comparable with levels last seen in the 1980s, President Cyril Ramaphosa and his administration knew that he could not let the year end on a sobering note of austerity.

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