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Economy

Editorial: Praise for treasury’s Mogajane, but his replacement faces a battle
Editorial
/ 7 April 2022

Editorial: Praise for treasury’s Mogajane, but his replacement faces a battle

When Dondo Mogajane became director general of the national treasury, question marks were raised about his ability to defend the institution. Five years later, it was a war well fought

By Editorial
Another record high as 7.9-million people remain jobless in South Africa
Business
/ 29 March 2022

Another record high as 7.9-million people remain jobless in South Africa

Record new high for unemployment in South Africa, as Stats SA releases jobs data for the fourth quarter of 2021

By Anathi Madubela
Operation Dudula, Afrophobia and the quest for human rights
Africa
/ 29 March 2022

Operation Dudula, Afrophobia and the quest for human rights

The ongoing Afrophobic behaviour in our country is misdirected anger and frustration at the fact that black South Africans still have to make do with welfare crumbs

By Vusi Gumbi
Ukraine: A conflict soaked in contradictions
Article
/ 7 March 2022

Ukraine: A conflict soaked in contradictions

There are wars in Africa and Asia and some are rarely commented on in the media, so why is Ukraine different?

By Vijay Prashad
The American political process is disconnected from economic reality
Article
/ 25 February 2022

The American political process is disconnected from economic reality

While the Democrats and Republicans use an outdated political playbook, people need protection from the capitalist system itself

By Richard D Wolff
Treasury needs to be braver, but Godongwana’s neutral budget is a good start
Business
/ 24 February 2022

Treasury needs to be braver, but Godongwana’s neutral budget is a good start

The government has finally started to recognise the importance of SMMEs in job creation, the business bounce-back scheme being a case in point

By Miguel da Silva
Can harsh fiscal trade-offs still improve agency and social cohesion for South Africans?
Opinion
/ 22 February 2022

Can harsh fiscal trade-offs still improve agency and social cohesion for South Africans?

This year’s budget will be a balancing act, but the treasury needs to prioritise restoring South Africans economic agency

By Jaynisha Patel
South African media, nationalisation and the spectre of investor confidence
Opinion
/ 17 February 2022

South African media, nationalisation and the spectre of investor confidence

Commercial media reproduces the views of the dominant class and has been unable to unpack the underlying failures of capitalism

By Mandla J Radebe
Morocco drives a war in Western Sahara for its phosphates
Africa
/ 26 January 2022

Morocco drives a war in Western Sahara for its phosphates

Morocco’s occupation of Western Sahara is about the presence of resources, especially phosphates that make up 72% of the world’s reserves. Phosphate is used in fertiliser, a key element in agriculture, giving Morocco a tight grip over world food production.

By Vijay Prashad
Precision is key for the economy in 2022
Business
/ 10 January 2022

Precision is key for the economy in 2022

The year ahead must focus on a fiscal reform interventions, capacity-building and more intentional projects towards poverty eradication

By Sifiso Skenjana
China and Omicron are the wild cards for the global economy and financial markets
Business
/ 9 January 2022

China and Omicron are the wild cards for the global economy and financial markets

Lockdown restrictions will continue to disrupt global value chains and support rising inflation that will require aggressive rate hikes

By Isaah Mhlanga
Editorial: Will the ANC see its next milestone?
Editorial
/ 6 January 2022

Editorial: Will the ANC see its next milestone?

How much more time does the ANC have before losing the country? It’s the question of the next decade, or for the next two years, as the 2024 general election looms.

By Editorial
Editorial: We have reason to hope for better days
Editorial
/ 15 December 2021

Editorial: We have reason to hope for better days

Despite our dalliances with the “end of the world” narratives, we are still here.

By Editorial
Xiomara Castro’s win in Honduras could address the country’s endemic corruption and violence
Opinion
/ 11 December 2021

Xiomara Castro’s win in Honduras could address the country’s endemic corruption and violence

After more than a decade of violent repression and undemocratic rule that emerged after the 2009 ouster of Manuel Zelaya, a new leader takes the reins of the Central American nation

By Sonali Kolhatkar
Editorial: Constitutional Amendment Bill on land is a spectacular and expected failure
Editorial
/ 9 December 2021

Editorial: Constitutional Amendment Bill on land is a spectacular and expected failure

When the ANC introduced the Amendment Bill, it must have been apparent it would lose, having failed to secure an agreement with any other party beforehand

By Editorial
July protests take their toll as economy shrinks by 1.5%
Business
/ 7 December 2021

July protests take their toll as economy shrinks by 1.5%

The largest drops in the third quarter were in the agriculture sector, trade and manufacturing.

By Anathi Madubela
Editorial: The West dithers, but South Africa has to take some responsibility for this wave
Editorial
/ 2 December 2021

Editorial: The West dithers, but South Africa has to take some responsibility for this wave

We can’t bury our heads in the sand: there is no way to overcome the Covid-19 pandemic other than vaccination. South Africa — and the rest of Africa — still has a long way to go

By Ron Derby
PODCAST: How South Africa fits into the global economy, pt 2
Podcasts
/ 1 December 2021

PODCAST: How South Africa fits into the global economy, pt 2

Michael Power chats to the M&G editor-in-chief and business journalists about South Africa and its place in the global economy

By M&G Listen
PODCAST: How South Africa fits into the global economy
Podcasts
/ 26 November 2021

PODCAST: How South Africa fits into the global economy

Michael Power chats to the M&G editor-in-chief and business journalists about South Africa and its place in the global economy.

By M&G Listen
PODCAST: South Africa and South Africa with Covid-19, part 2
Podcasts
/ 17 November 2021

PODCAST: South Africa and South Africa with Covid-19, part 2

Join in the second part of our discussion with economist Sifiso Skenjana.

By M&G Listen
Reshuffling the deck chairs at Eskom won’t solve load-shedding
Opinion
/ 14 November 2021

Reshuffling the deck chairs at Eskom won’t solve load-shedding

Eskom has had 11 chief executives and countless board changes in 10 years, and its condition remains just as critical. Will another reshuffle make a difference?

By Ron Derby
The ANC needs to realign with the business community
Opinion
/ 13 November 2021

The ANC needs to realign with the business community

The party needs to broaden its reach to all corners of the business community, small and big, black and white, local and foreign

By Taahir Motan
R1.5bn in funding approved for riot-hit businesses
Business
/ 19 October 2021

R1.5bn in funding approved for riot-hit businesses

Agencies emphasise that speed is crucial to rescuing firms affected by July’s unrest

By Sarah Smit
Covid-19 border closures hit Zimbabwe’s women traders hard
Africa
/ 16 October 2021

Covid-19 border closures hit Zimbabwe’s women traders hard

The past 18 months have been tough for women cross-border traders, who saw their income vanish when borders closed

By Marko Phiri
A bigger slice of the pie: Retailers find ways to cash in on township economy
Business
/ 16 October 2021

A bigger slice of the pie: Retailers find ways to cash in on township economy

The South African informal economy market is much sought-after, with the big, formal-sector supermarkets all looking to grow their share

By Anathi Madubela
SA one of the biggest spenders on social assistance globally — World Bank
Business
/ 7 October 2021

SA one of the biggest spenders on social assistance globally — World Bank

Social grants are by far the largest facet of South Africa’s social protection system in terms of the number of people covered, according to the World Bank

By Anathi Madubela
Godongwana: South Africa needs to reform power industry
Business
/ 1 October 2021

Godongwana: South Africa needs to reform power industry

The finance minister says the government must build a conducive environment for investment into South Africa

By Anathi Madubela
Has South Africa reached a tipping point?
Opinion
/ 26 September 2021

Has South Africa reached a tipping point?

At a time when unemployment and poverty must be tackled head on, our country appears rudderless

By Anda Bici
With its industrial base decimated, SA’s economy needs real change — Godongwana
Business
/ 21 September 2021

With its industrial base decimated, SA’s economy needs real change — Godongwana

Speaking at a book launch on Tuesday, the finance minister said a focus on manufacturing is critical to stem the country’s deepening unemployment crisis

By Sarah Smit
Effects of recent unrest on the economy set to linger, finance minister tells parliament
Business
/ 8 September 2021

Effects of recent unrest on the economy set to linger, finance minister tells parliament

‘The unrest presents an untimely and negative effect on SA’s growth prospects,’ said Godongwana, adding that this could last for the next six quarters

By Tunicia Phillips
GDP stats: Economy grows, but not enough to secure jobs and long-term recovery
Business
/ 7 September 2021

GDP stats: Economy grows, but not enough to secure jobs and long-term recovery

GDP rose 1.2% in the second quarter, but future growth indicators will likely be hit by July’s looting and unrest, as well as a dip in commodity prices

By Sarah Smit
Rights groups call out ‘complicity’ of telecoms companies’ in internet shutdowns
Business
/ 25 August 2021

Rights groups call out ‘complicity’ of telecoms companies’ in internet shutdowns

Internet blackouts not only infringe on people’s human rights, but also cost companies and the economy billions, as evinced by MTN’s shutdown in Eswatini

By Tshegofatso Mathe
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