South Africa needs a policy that drives growth and positions if for the 21st Century.
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.
Overall South Africa’s new president has a cabinet that forms a team with whom he can work.
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 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 finance minister was honest about the problems facing the country. But he made no real suggestions that the government will start doing things differently.
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.