South Africa’s economy is going to have two tough years ahead, Finance Minister Nhlanhla Nene said on Friday.

Read also: Old Mutual 2014 operating profit rises 16 percent

“The 2015 budget is about making choices. Some times those choices can be tough,” Nene told an business breakfast. “This requires a shift to a growth trajectory led by investment, not consumption.”

 

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp