2008 Global Financial Crisis
latest news & developmentsFormer Sars commissioner Oupa Magashula dies after long illness
Magashula resigned in 2013 after an investigative report found that he had acted improperly during a recruitment process
Without an effective data governance strategy, decisions are nothing but guesses
Data governance provides evidence-based decision-making that improves the quality of service delivery
SA’s economic policymakers need a better compass
Policymakers at home and abroad failed to see the 2008 crisis as an opportunity to break from the past and imagine the world anew
Reserve Bank left toothless amid Eskom-induced stagflation
The recent rand crash has led some to believe another 50 basis point rise is on the horizon, despite a view that further hiking will do little to tame inflation
Banking shock exposes cheap cash addiction
The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
Social welfare: Investment not debt, taxation and consumption
A rebuttal to Colin Coleman’s remarks at the National Investment Dialogue suggests South Africa certainly has a debt problem
Covid undoes a decade of progress in small-business ownership
Covid-19 had an immediate effect on informal businesses, which fell from 1.6-million enterprises in the first quarter of 2020 to 1.2-million in the second
Tulip mania: The classic story of a Dutch financial bubble is mostly wrong
The Bitcoin crash was dubbed a "tulip mania 2.0" but there is one problem with the story of the Dutch financial craze — much of the story is untrue
Clampdown on tax avoidance
By closing the tax gap, South Africa can reap billions of rands to benefit the economy.