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Articles on Economic recession

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President Muhammadu Buhari raises his fist during an inspection of honour guards on parade to mark Democracy Day in Abuja, on June 12, 2019. Pius Utomi Ekpei/AFP via Getty Images

Buhari’s COVID-19 economic plan: old wine in new wineskins

President Buhari’s Post COVID-19 economic recovery plan is neither novel nor ground-breaking.
Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what’s got investors spooked.
Recessions affect us all. Unemployed line via www.shutterstock.com

How do we know if we’re in a global recession?

Stock markets have been falling all year on concern the world risks slipping into a recession, which begs the question: how would we know if we were in one?
Thousands of civil service employees gather during a protest march for higher pay at the Union Buildings in Pretoria in 2010. EPA/Jon Hrusa

Civil service pay: South Africa has some harsh choices to make

South Africa’s government should urgently announce a moratorium on civil service employment growth. The country has reached its upper limit in the number of civil servants that can be sustained.

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