RDC on strong footing for regional expansion
Friday, May 06, 2016
The group’s executive chairman, Guido Giachetti said in the group’s 2015 annual report that the transaction, which was concluded in November 2015, took a lot of planning.
He noted that it was more complex than it was originally anticipated.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...