The experience of Chile’s Salvador Allende illustrates how the private sphere and superpowers control investment and natural resource exploitation
Smith probably would have been shocked by the extent of specialisation in the 21st-century economy (and probably also pleased with his foresight).
The trend of wealth departing our shores is severely discouraging and political and economic reform is needed to stem the tide
Record new high for unemployment in South Africa, as Stats SA releases jobs data for the fourth quarter of 2021
The rise in oil and food prices owing to Russia’s invasion of Ukraine is hitting poorer countries the hardest
Between 1970 and 2016, the stock of natural capital on the continent fell on average by 65%, driven largely by land-use change, but Africa can lead the world by putting nature at the heart of finance
Political parties and trade unions are asking the finance minister to address the growing national debt crisis and to extend the R350 grant
‘Squid Game’ is an explicit critique of the current mode of capitalism. But far too much popular discourse has overlooked or neglected its sociopolitical messages.
Ramaphosa needs to build broad political consensus if he is to have any chance of pursuing his fiscal and structural reform agenda
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Having faith that market forces alone will create full employment under an enabling environment is a pipe dream. A wage subsidy programme is a good place to start tackling joblessness
These key indicators have been buoyed by a trade surplus and commodities boom, but will this lead to economic growth?
Producing EVs comes with all the absurdities of producing petrol vehicles
The reactions to Elon Musk’s billionaire status are evidence that far too many South Africans have not fully grasped the destructive consequences of inequality. Entrepreneur Musk was recently crowned the richest man in the world. The founder and chief of Tesla Motors sits on a total net worth of $195-billion. The rapid swelling of Musk’s […]
After being praised for their handling of the pandemic, African countries must now confront the economic fallout – even as they grapple with existing political and security challenges
Trudi Makhaya, the president’s economic adviser, talks to Tshegofatso Mathe about her upbringing, favourite books, Covid-19 and solutions to get our country out of its economic stagnation, family, reading, books, literature
These three common responses to racism must be deconstructed until something … clicks
Reopening of schools seems to be less about the teachers, parents and students and more about desperate attempts to rescue our failing and unsustainable capitalist economy
Professor Thandika Mkandawire, the Malawian economist, passed away in late March. Influential African intellectuals, as well as his many admirers and academics the world over, are still distilling the disappearance of one of the most prolific and creative minds they have ever come across. The disheartening news hit me while under confinement in Cape Town, […]
Human greed has brought us to the brink of societal collapse. It is time for a student-led revolution to promote a transition to a new economic system
A relevant economics curriculum should include different schools of thought and students must learn to engage with these in a critical way
Africa’s inequality gap has stubbornly remained
Boosting skills, hiking investment and slashing transport and communication costs will help spark growth
Unpegging the currency from the dollar may also prompt a dramatic spike in inflation.
The rand may come under pressure, the US job market is expected to continue stabilising and London’s property boom appears to be fizzling.
​Retail figures from South Africa and the US are some of the headline announcements expected this week.
All eyes will be on China’s PMI and a European Central Bank meeting while awaiting updates on SA’s trade and African countries’ inflation numbers.
The platinum strike’s final kick and data releases from the US and Europe will head this week’s economic news.
South Africa’s business confidence index readings and Stats SA’s March retail sales figures are due out later this week.
This week, Stats SA is due to release the country’s latest retail figures, while China will report its growth figures. Here’s the economic week ahead.
Expose young minds to thinking that questions society’s vast and enduring inequalities.
Despite causing the crash, the high priests of economics have never faced retribution and the same flawed theories are still taught in universities.