Piet Mouton. We do not have the means to provide meaningful relief packages on a sustainable basis without further loading the debt burden to such an extent that we may never be able to repay it, or struggle to do so.

But here is the issue as we see it – the lockdown and especially the potential extension or failure to adequately relax restrictions are causing severe damage to what is left of our fragile economy. FM 92.7 and FM 106 We entered this Covid-19 war already wounded. ALEC HOGG: Piet Mouton, the son of Jannie Mouton, a 32-year-old moving into the hot seat. 13 August 2020 3:19 PM In the President’s announcement on Tuesday, he hinted at a phased relaxation of the lockdown restrictions of which the details will only be announced later today.

We acknowledge that this means more people will be infected and that some may become very ill. Stellenbosch, 7600 Less people will be able to contribute to the South African treasury and far more will become utterly dependent on it. Even though we have read numerous articles, have listened to experts from both sides, are constantly thinking about the consequences of the pandemic and obtain input from all those around us, none of us have a medical background. Alternatively, if we have a system whereby we move in and out of lockdown depending on the number of infections, this too will have a similar disastrous effect. He has been active in the investment and financial services industry since 1999. That we can stand together to achieve a common goal.

BUT the truth is that lives are inextricably linked to the economy. According to a recent study, the economy is losing R13bn per day during the lockdown, and we will still lose billions even if we partially open or totally open up the economy. Guests: Piet Mouton/ CEO at Psg Group Sandile Zungu/ President at Black Business Council ... South Africa is becoming a country of old people. It is great to see that our leadership and country can act swiftly and with purpose. EWN reporter Theto Mahlakoana gives an update of a commemorative webinar dedicated to miners who died in Marikana. We therefore publicly request Government to carefully consider the extent of further restrictions and the urgency to return to economic activity. South Africans are resilient, entrepreneurial and hard-working human beings. 7de Laan (TV Series 2000– ) cast and crew credits, including actors, actresses, directors, writers and more. - Presenters View Post. Piet Mouton is currently Non-Executive Director at PSG, Non-Executive Director at Pioneer Foods and Non-Executive Director at Curro. View Piet Mouton’s profile on LinkedIn, the world's largest professional community. Our survival and wellbeing depend on whether and how quickly our economy recovers. 13 August 2020 2:28 PM We pay salaries, we pay taxes and we have contributed positively to our economy for the past 25 years. There will undoubtedly be a cost of lives, but we’re afraid that if we are bluntly honest with one another we are heading for an immense cost of lives in any event. On Tuesday evening, President Ramaphosa announced a R500bn economic support package representing 10% of South Africa’s GDP. We too have elderly loved ones, as well as friends who suffer from cancer and other diseases that make them especially vulnerable – and we want them protected. Again, a further increase in debt of this magnitude will unfortunately have dire long-term consequences for our economy and our country. Videos CNBC Africa-October 16, 2019. No one wants to make unpopular statements and become a target on social media for those who will later also be the first to claim what should have been done. Although an admirable effort, realistically we need to be clear it will in the end mainly be a relief intervention directed towards preventing a full-blown humanitarian disaster rather than an economic stimulus. Up Next: The Money Show with Bruce Whitfield Octogenarian Neil Jowell of Trencor is comfortably the oldest of the Top 100 while PSG’s Piet Mouton, at 37, is three years below the next youngest CEO. I was 48 years old and I didn’t We would like to make the following points on Covid-19.Firstly, please note that these are the current thoughts of the PSG Group Board. People have this idea about the small Stellenbosch clique and it doesn’t quite work like that. - Sports It got to the stage where he was comfortable that we make some form of announcement. We don’t want to deter from the President’s message, but we are trying to convey a reality as we see it and to emphasize that South Africa cannot afford to long or too slowly to revert normal activities.My father, who I greatly admire, taught me that you cannot just sit back and complain if you don’t have a better solution. To remain quiet during this crisis is unfortunately no longer an option for us and silence will certainly not be of benefit to anyone. More than 80% of tax revenue is derived from personal tax, corporate tax and VAT. Many businesses earn no revenue at the moment, while others do very little:It is therefore clear to us that Government will experience a significant decline in tax revenue resulting in the already noteworthy budget deficit widening even further. I know people like to say we all know exactly what each other is doing but it’s definitely not the case … unless I haven’t had my invite yet. We must ask ourselves realistically – where is the money going to come from to reinvigorate the economy and pay for an ever-increasing social bill? PSG Group CEO, Piet Mouton joins CNBC Africa for more. Why PSG is smiling on the PepsiCo-Pioneer Foods deal. We as PSG Group lie awake at night as we have a major responsibility to all our employees and their families, to our clients, our suppliers, our bankers, our Government and ultimately to the people of our country.

PSG Konsult aims to emulate forerunners Capitec, Curro . - Local

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