A revenue shortfall of about R50 billion has pushed the South African government to hike Value Added Tax (VAT) among other taxes.
South Africa's 2018 budget does not go far enough. Perhaps finance minister, Malusi Gigaba was caught up in the euphoria of the widely welcomed state of the nation address by Cyril Ramaphosa.
South Africa's 2018 national budget makes it clear that the slumber and corruption that has hampered state owned enterprises must come to an end.
The South African budget speech echoed the theme of rebuilding set out by President Cyril Ramaphosa in his state of the nation address.
Whether measures announced by Gigaba will stave off a downgrade of South Africa's local currency debt by one remaining rating remains to be seen.
A drought levy is being proposed for water scarce Cape Town. The levy is facing wide opposition and there are claims it's punitive and punishes those trying to save water.
South Africa's finance minister Malusi Gigaba failed to impress when presenting the eagerly awaited 2017 medium term budget.
South Africa's finance minister's medium term budget speech offered hope of potential economic game changes. But will he be bold enough to make them?
South Africa's 2017 medium term budget reveals a growing gap between revenue and expenditure which places the country in a highly vulnerable financial state.
South Africa waits with bated breath for the 2017 medium term budget policy statement from new Finance Minister Malusi Gigaba, as it might reveal key signals of where economic policy is headed.
Privatisation talk in South Africa shows how state owned enterprises are being used as tools for enrichment by the connected and less as key elements of development.
There is no good case for bailing out South African Airways, it's simply a matter of avoiding a potentially catastrophic debt default.
South Africa's recently announced economic recovery plan failed to break away from the cumbersome neo-liberal line.
South African business can beat back the toxic 'white monopoly capital' title by doing things differently and not by shouting from roof tops.
South Africa needs to restore trust and effective bargaining mechanisms between key stakeholders to revive the ailing economy.
South Africa's 14 point plan to achieve economic recovery lacks detail and vision of how the country is going to get itself out the prevailing economic crisis.
The idea that South Africa must look towards the International Monetary Fund to rescue itself from the prevailing crisis must be dismissed.
The International Monetary Fund's view of how to fix South Africa's economy deserves to be seriously considered.
A captured South African Treasury is bad news for the country's poor but the view that the capture is a natural enemy of the market economy is a myth.
An ideological debate is desperately needed to sort out options South Africa could pursue to find a way out of its economic morass.