Alexander Forbes
latest news & developments
Ramaphosa’s office says DD Mabuza’s pension saga is a family matter
AlexForbes said it would not oppose the application by Mabuza’s daughter to have the R44 million pension pay out stopped
GDP contracts as SA’s sluggish economy embarks on a go-slow
Global dynamics and South Africa’s energy crisis will weigh on domestic growth for years to come. But green investment could, eventually, resuscitate the economy
‘Tunisia Days’ ahead as inflation exerts political pressure
With high prices continuing to bear down on consumers the world over, leaders who fail to bring inflation to heel could face a reckoning
Will business come to the table for Cyril to meet his 100-day promise?
Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually…
Rand offers cold comfort amid global inflation storm
The rand has managed to withstand even the strongest global headwinds, but it is unlikely it will continue to hold steady in the wake of the Fed’s aggression
Public procurement law is not the problem – people are
The Zondo report delves into South Africa’s procurement web, as it tries to figure out why state-owned entities were able to be captured
2022: A return to normality or more economic uncertainty?
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
Lessons from Turkey to SA: Economic independence is a battle
Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
Godongwana ‘will be just fine’
The new finance minister has a difficult task, but analysts say his political capital will help him hold a hard line on state spending
Violence sparks new calls for basic income grant
Analysts agree that economic relief for the poor is needed but are split on whether a grant should be permanent and whether it is affordable
Economy’s signs of life mean little for the poor
GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed
Beware the pension fund loan proposal
Industry professionals warn that, although well intentioned, the Bill to enable fund holders to get some of their savings before retiring can do harm
Coronavirus and the economy: We didn’t prepare for tough times
South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19
Pensioners lose out to ‘greedy’ firms
A recently released report reveals how big players in the pensions industry have benefited by leaving policy holders out in the cold