Duma Gqubule
latest news & developments
South Africa’s transformation drive under scrutiny as JSE black ownership remains low
There were replacement transactions at Old Mutual and Absa, with FirstRand, Sanlam and Capitec retaining black ownership. But Standard Bank and Nedbank have less than 1% black…
ANC weighs up doomsday scenarios as economy falters
As coalition discussions intensify, the party could end up making significant policy concessions to navigate South Africa’s uncertain future This content is restricted to…
A drained state hurts the economy
And there are fewer journalists to hold policymakers accountable for this decline
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…
Department of Finance
The journey to full-blown austerity is marked by changes to an economy presided over by a government adrift
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
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…
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
Enforce employment equity quotas in big companies
The drama at Dis-Chem shows that many firms are declining to transform because they can
Jobless crisis: 35 in 100 are out of work
It’s not sustainable for every employed person to support three others, analysts say
‘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
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
Coup season in the Sahel raises uncomfortable questions
Beset by political instability, the region is also the canary in the climate change coal mine
‘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
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