A drained state hurts the economy
/ 20 February 2024

A drained state hurts the economy

And there are fewer journalists to hold policymakers accountable for this decline

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The Fiscal Cliff | Shallow state purse deepens jobs crisis
/ 18 February 2024

The Fiscal Cliff | Shallow state purse deepens jobs crisis

In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity

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Austerity, the NDP’s grim reaper
/ 29 September 2023

Austerity, the NDP’s grim reaper

Ten years after its adoption, the government has failed to achieve the targets set out in the National Development Plan. Looming spending cuts will render the NDP even more futile

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Joburg fire: Housing policy fails people – and the economy
/ 8 September 2023

Joburg fire: Housing policy fails people – and the economy

The country’s biggest city will continue to grow as people seek jobs and a better life. But a ‘resentment’ towards urbanisation has prevented the government from unlocking its economic opportunities

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Reserve Bank left toothless amid Eskom-induced stagflation
/ 23 May 2023

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

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Enforce employment equity quotas in big companies
/ 20 October 2022

Enforce employment equity quotas in big companies

The drama at Dis-Chem shows that many firms are declining to transform because they can

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Jobless crisis: 35 in 100 are out of work
/ 1 April 2022

Jobless crisis: 35 in 100 are out of work

It’s not sustainable for every employed person to support three others, analysts say

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‘SA is heading towards another lost decade’
/ 10 March 2022

‘SA is heading towards another lost decade’

Last month’s budget was positive about the trajectory of the economy but near-term growth projection are only slightly higher than during South Africa’s darkest years

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Can the private sector help to fix ‘a fragile state’?
/ 4 February 2022

Can the private sector help to fix ‘a fragile state’?

Privatisation stands to deepen inequalities. But some experts say collaboration between business and government can work in everyone’s interest

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‘Explosive’ jobs crisis imperils South Africa
/ 26 November 2021

‘Explosive’ jobs crisis imperils South Africa

Experts’ strategies for fixing the unemployment crisis range from devaluing the rand to a universal income grant or accepting debt from loans

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Once empowered, always empowered: Does the mining charter judgment rule out transformation?
/ 2 October 2021

Once empowered, always empowered: Does the mining charter judgment rule out transformation?

Given the slow pace of change in mining and other sectors, some analysts have raised concerns that the ruling will cause empowerment efforts to unravel

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A black woman’s burden: Carer,     provider and unemployed
/ 26 August 2021

A black woman’s burden: Carer, provider and unemployed

All indicators, including the employment statistics released this week show how black women bear the brunt of unemployment. Here are their stories

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The basic income grant is surely on the horizon
/ 29 July 2021

The basic income grant is surely on the horizon

It is becoming clear SA needs a BIG, as many ANC cabinet members, opposition parties and experts agree. But there is still dissent from some quarters

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How to rescue SA’s ailing economy
/ 10 January 2021

How to rescue SA’s ailing economy

2020 was a challenging year for everybody, with no growth forecast in the economy, fears of a deep recession and a jobs bloodbath. Three experts contextualise this situation, focusing on what can be done in 2021 to slow down the spiral into an economic abyss

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No image available
/ 12 July 2005

The Vuyo Jack codes

Over the past decade there have been 1 127 publicly announced black economic empowerment deals worth R232,6-billion, according to Ernst & Young. At the end of May, the JSE Securities Exchange had a market capitalisation of R2 800-billion. The black equity in the above companies is 0,36% of the market total. It can safely be assumed that the total is less than 1% of the JSE’s market capitalisation.

No image available
/ 13 October 2004

Grow to empower

Two months ago, Safika deputy chairperson Saki Macozoma offered a feeble defence against charges of enrichment levelled by black people against himself and his fellow black economic empowerment oligarchs, for want of a better word, such as Patrice Motsepe, Tokyo Sexwale and Cyril Ramaphosa. Until now, I have resisted participating in what has been a futile and sterile debate about enrichment versus empowerment.

No image available
/ 17 September 2004

Maria’s ‘convenient crisis’

"Like many people in black business, I cannot help but suspect that the attempt by Transnet CEO Maria Ramos to present evidence of her predecessors’ incompetence is little more than an attempt to create a compelling rationale for the public to support sweeping changes at the transport and logistics company." The Transnet CEO manufactured a problem so she could get rid of the former board, argues Duma Gqubule.