Free-to-air broadcasters have lost billions in the past decade. Slightly reducing license fees won’t fix that.
Restricting ‘good debt’ to funding physical assets could make it harder to fund education, health, and other social initiatives.
South Africa’s social grants, which benefit a third of the country’s population, are widely celebrated. But these grants fall far short of addressing the country’s malnutrition challenge.
South Africa’s social compact is at breaking point and the country may need a dialogue similar to its 1994 political transition talks to get out of the crisis.
In his 2017/18 budget speech, South Africa’s finance minister Pravin Gordhan opted to focus on taxing high income earners to find desperately needed money.
South Africa’s Minister of Finance, Pravin Gordhan, downplayed the topic of energy in his budget speech. There is good that can be taken from this.
In preparing the 2017 national budget South Africa needs to take heed of warnings that its historical austerity measures are hurting the poor and even costing lives.