Decline in the country’s GDP – largely due to record-levels of load-shedding – puts the size of the economy back below pre-pandemic levels
We should not be fooled into giving up on the public sector which can – and should – look out for our best interests
The National Prosecuting Authority is ready to act on state capture crimes but whether it has the ability to do so has been questioned
According to Statistics South Africa’s report, the largest increase in employment over the quarter stemmed from the Western Cape at 6.9%
The country’s dalliance with privatisation threatens to push up electricity costs, undermining energy security
But jobless levels are still above those prior to the Covid-19 pandemic, which saw 2.2 million people lose employment
Analysts have warned the greylisting could have dire consequences for the country’s already hamstrung economy, by raising its risk profile and hampering investment
Financial Action Task Force noted the country made ‘a high-level political commitment’ to work with the watchdog to tackle money laundering
The finance minister’s commitment to toeing the line may send positive signals to ratings agencies, but at what cost?
The social development department has been allocated R35.7 billion to fund the extended social relief of distress grant