Johannesburg - South Africa has a sound economic foundation and hundreds‚ if not thousands‚ of firms and business leaders that are outstanding in any context‚ Reserve Bank governor Gill Marcus said on Wednesday.
Addressing a FM Top Companies awards function‚ Marcus said it was a major source of strength that South Africa had a large number of companies that continued to grow‚ innovate‚ employ people and generate revenue and export earnings for the country.
“It is even more impressive that in times of very difficult and uncertain economic conditions‚ both globally and locally‚ many firms are performing so well. You and your firms are a significant reason why we can proudly say that while our economy faces many challenges‚ it is also highly resilient‚” she added.
Addressing a FM Top Companies awards function‚ Marcus said it was a major source of strength that South Africa had a large number of companies that continued to grow‚ innovate‚ employ people and generate revenue and export earnings for the country.
“It is even more impressive that in times of very difficult and uncertain economic conditions‚ both globally and locally‚ many firms are performing so well. You and your firms are a significant reason why we can proudly say that while our economy faces many challenges‚ it is also highly resilient‚” she added.