Quotations
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Colen Garrow Quotes
«Manufacturing will be under pressure because of currency strength, it will hold the sector back and put the handbrake on keeping growth from reaching its potential level.»
Author: Colen Garrow
«What the bank is more likely to do (than cut rates) is intensify its moral suasion in support of a more competitive exchange rate.»
Author: Colen Garrow
«In such instances, funds held offshore may potentially exceed the R750?000 ceiling, which limits the amount of funds which may be taken offshore via the vehicle of private foreign currency accounts. The situation as it is, is thus inequitable and will have to be addressed by government at some stage.»
Author: Colen Garrow
«The stance the committee has taken probably provides a useful reminder that the easier interest-rate cycle has bottomed.»
Author: Colen Garrow
«The SARB will probably do nothing with interest rates when it meets next week.»
Author: Colen Garrow
«The situation as it is, is thus inequitable and will have to be addressed by government at some stage.»
Author: Colen Garrow
«Despite the odd shortcoming, this Budget is on balance good. It entrenches South Africa's good fiscal record.»
Author: Colen Garrow
«It's likely to be a pro-growth budget in line with the government's target of reaching annual GDP growth of 6% by 2010.»
Author: Colen Garrow
«From this perspective, it is somewhat disappointing that corporate tax remains unchanged at 29% and that STC also remains unchanged at 12.5%.»
Author: Colen Garrow
«The irony is that it wasn't so long ago that South Africans were saying that the economy needs to grow at 3%. Now we're looking at 3,3% and saying it's dismal. It shows how the expectations have shifted.»
Author: Colen Garrow