South Africa needs a new economic policy that envisages an overhaul of the power utility Eskom, which can’t keep the lights on.
South Africa needs a policy that drives growth and positions if for the 21st Century.
South African President Cyril Ramaphosa in parliament.
Meeting the challenges from the opposition will strengthen the ANC’s dominance. How well its new leadership copes will become clearer over the next few months.
President Cyril Ramaphosa during the late night announcement of his new cabinet.
Elmond Jiyane, GCIS
Overall South Africa’s new president has a cabinet that forms a team with whom he can work.
South Africa’s president Cyril Ramaphosa needs to formulate a long term strategy for economic growth with an eye on the 2019 elections.
Both the state of the nation address and budget speech didn’t leave a sense that there has been much reflection on the depth of the economic malaise gripping South Africa.
A revenue shortfall of about R50 billion has pushed the South African government to hike Value Added Tax (VAT) among other taxes.
South African finance minister Malusi Gigaba could have done better in his 2018 budget speech.
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 Finance Minister Malusi Gigaba arrives to deliver his budget address.
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.
When the going gets tough, taxes go up.
The South African budget speech echoed the theme of rebuilding set out by President Cyril Ramaphosa in his state of the nation address.
South African Finance Minister Malusi Gigaba is trying to spearhead a more stable economic landscape.
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.
Cape Town’s Muizenburg beach. Water shortages in the city hasn’t deterred tourists.
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 African Finance Minister Malusi Gigaba kicked the can of change down the road during his medium term budget speech.
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?
Running out of options. Finance Minister Malusi Gigaba speaks after delivering his medium term budget.
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.
South Africa’s finance minister, Malusi Gigaba, has had to look towards selling off state owned assets to plug a fiscal hole.
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.
South Africa needs to decide if it will continue to waste public money on its national carrier, or incur the costs of letting SAA go bankrupt.
There is no good case for bailing out South African Airways, it’s simply a matter of avoiding a potentially catastrophic debt default.
Unemployed South African workers wait for scarce jobs as the economy struggles to create employment.
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’s Finance Minister, Malusi Gigaba, needs more than the 14-point plan to revive the economy.
South Africa needs to restore trust and effective bargaining mechanisms between key stakeholders to revive the ailing economy.
The country needs a new economic strategy that puts small businesses at the core of the development strategy.
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.