A healthier public purse could signal better days ahead, but a lot remains to be seen
Two of the monetary policy committee’s five members preferred an even more painful 100 basis point hike, as bank remains hawkish
South Africa’s jobless rate is one of the highest in the world — and bringing it down significantly could take years
This is according to some economists, who say the Reserve Bank got ahead of the curve before inflation became entrenched
The government’s failed attempts to address unemployment have left many without work, but there are ways to effectively overcome this
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
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
The country’s economy shrank by 6.4% in 2020 but real GDP increased by 4.9% in 2021
Appropriate policy, supported by a social compact by labour, business, communities and the government, can maximise the opportunities of the just transition
The president’s strategy to stop the unemployment crisis from spiralling includes cutting red tape and focusing on infrastructure investment
The president promised that the state will act on the findings of the Zondo commission and vowed to cut red tape to facilitate job creation
Talk is over, the country needs action says Chief Zwelivelile Mandla Mandela ahead of the State of the Nation address
The president needs to report back to South Africa on what his government has – and hasn’t – achieved since 2018
A basic income grant could add 0.5% to GDP growth by 2025, according to a report commissioned by the National Economic Development and Labour Council.
In a few years the township will ‘disappear’, and Khayelitsha will become a city, believes one local entrepreneur
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
Third quarter GDP numbers have interrupted a four quarter economic growth streak because of the July unrest.
The central bank has been criticised for hiking interest rates to the detriment of employment
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative measures
A rebuttal to Colin Coleman’s remarks at the National Investment Dialogue suggests South Africa certainly has a debt problem
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
The switch to alternative energy is crucial for employment, economic growth and decarbonisation
Ramaphosa needs to build broad political consensus if he is to have any chance of pursuing his fiscal and structural reform agenda
Higher oil prices can increase the costs of living and doing business, and South Africa’s oil imports will also likely rise in the second half of 2021, but there are a few reasons to remain positive too
But thousands of their success stories remain undocumented, their value unmeasured
But the country’s GDP growth in the fourth quarter of last year shows positive signs of recovery, at 6.3%
A response to the article ‘Tax the superrich and raise inflation to cut state debt, inequality and poverty’ in the M&G on 10 November
A recent report shows that racism has cost the US economy $16-trillion in growth over the past two decades. If the financial-services industry wants to show that Black Lives Matter, it needs to rethink how it allocates capital
The biggest challenge for the next leader of the Democratic Alliance will be to get politicians like Mbali Ntuli onside
The latest economic figures and the effect of the coronavirus on the global economy are bad news for South Africa’s already tepid domestic growth outlook
Midvaal mayor Bongani Baloyi shows the value of competent young leaders who prioritise accountability and challenge the status quo