Mark Swilling, Distinguished Professor of Sustainable Development, Stellenbosch University As the entrails of the era under South Africa’s former president Jacob Zuma continue to be exposed each day before a commission set up to investigate corruption, so the country witnesses the consolidation of the political project spearheaded by the new head of state Cyril Ramaphosa. […]

7 December 2018 Ratings agency S&P Global has said that the expropriation of land without compensation is not expected to significantly hamper levels of investment flowing into South Africa, as the rule of law and enforcement of contracts is expected to remain in place. But it warned that the move would likely “force some businesses […]

The DA notes with apprehension that South Africa is officially exiting the recession it was forced to succumb to, with a GDP growth of 2.2% (quarter on quarter). This increase may bring some relief but not for long – and not for the 9.8 million South Africans whom are unemployed or have given up looking […]

Chinese state media gave a cautious welcome on Monday to the trade war truce agreed by China and the United States at the weekend, as Chinese shares, commodities and the yuan currency surged even as uncertainly remains about the deal. China and the United States agreed to halt new tariffs during talks between Chinese President […]

Jannie Rossouw, Head of School of Economic & Business Sciences, University of the Witwatersrand R21 billion: that’s how much South Africa’s beleaguered national carrier, South African Airways (SAA), says it needs to keep running. SAA has reached this point in its financial crisis through persistent mismanagement and cronyism, with the SA government as main shareholder […]

The prime lending rate increases to 10.25%  STATEMENT OF THE MONETARY POLICY COMMITTEE Lesetja Kganyago, Governor of the South African Reserve Bank 22 November 2018 Since the previous meeting of the Monetary Policy Committee (MPC), the near-term inflation outlook has improved, however, the longer term risks to the inflation outlook remain elevated. The weaker exchange […]

Kevin Mileham MP, DA Shadow Minister of Cooperative Governance and Traditional Affairs – 21 November 2018 The Democratic Alliance (DA) can reveal that various municipalities owe Eskom and numerous water boards a combined amount of over R25 billion. This shows the failure of local municipalities and the mismanagement of their finances under the ANC government. We […]

Experts on land from Africa and beyond have warned supporters of expropriation of land without compensation that their efforts could lead South Africa to self-destruction. This came out at the Conference on Security of Property Rights, organised by the Free Market Foundation and Khaya Lam’,  in Sandton. Experts from countries including Zimbabwe, Kenya, Ghana, Nigeria […]

The proposal to amend property laws to allow for expropriation without compensation should be carefully considered and be guided by lessons of international experience. Mfuneko Toyana – REUTERS 20 November 2018 South Africa’s economic recovery plans face serious constraints with growing debt of state firms domestically and capital outflows as a result of global trade […]

Success was built on shaky foundations epitomised by unfettered greed as well as dodgy and unethical practices, including alleged accounting irregularities, tax evasion and lax corporate standards. Mills Soko, Associate Professor, Graduate School of Business, University of Cape Town The collapse of Steinhoff International, the multi-billion dollar global business group, has been rightly described as […]