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Economy

‘Localisation, localisation, localisation’: Ramaphosa delivers a business-friendly Sona
Business
/ 12 February 2021

‘Localisation, localisation, localisation’: Ramaphosa delivers a business-friendly Sona

The president’s focus is on fixing the economy — infrastructure build and local manufacturing are two priority areas

By Tshegofatso Mathe
Sona 2021: Ramaphosa offers a hope that his own party seeks to destroy
Politics
/ 11 February 2021

Sona 2021: Ramaphosa offers a hope that his own party seeks to destroy

The president focuses on the economy and Covid-19 in his 2021 Sona, but his pledge of SA’s rebirth is undermined by corruption and factionalism

By M&G Reporters
Sona: Ramaphosa needs to choose state before party — Steenhuisen
Politics
/ 8 February 2021

Sona: Ramaphosa needs to choose state before party — Steenhuisen

DA leader John Steenhuisen has called for Ramaphosa to throw out what he termed an ‘outdated 20th century ideology of state control’

By Lizeka Tandwa
Mining industry calls for investment during Indaba
Business
/ 4 February 2021

Mining industry calls for investment during Indaba

Despite the depressed economic environment, the mining industry contributed billions of rands to the economy last year, and can continue to do so if it focuses on environmental, social and governance issues

By Tshegofatso Mathe
SOEs are ‘in a very difficult space’ as Covid-19 adds to their woes
Business
/ 3 February 2021

SOEs are ‘in a very difficult space’ as Covid-19 adds to their woes

The department of public enterprises touched on issues related to Covid-19 at its SOEs, as the acting director general briefed parliament

By Eunice Masson
Eastern Cape citizens don’t have to visit the labour department for UIF
Coronavirus
/ 26 January 2021

Eastern Cape citizens don’t have to visit the labour department for UIF

This measure, aimed at slowing the spread of Covid-19, may shortly be introduced in other regions.

By Tshegofatso Mathe
Business closures increase in December, according to Stats SA data
Business
/ 25 January 2021

Business closures increase in December, according to Stats SA data

Despite the government’s efforts to lessen the economic shock of the pandemic and the lockdown, businesses are struggling to keep their doors open

By Tshegofatso Mathe
Repo rate remains unchanged at 3.5%
Business
/ 21 January 2021

Repo rate remains unchanged at 3.5%

The South African Reserve Bank’s MPC has decided to keep the repo rate unchanged, at 3.5%, to let the actions it took last year trickle down into the economy

By Tshegofatso Mathe
Editorial: 2021 — No choice but be strong
Editorial
/ 9 January 2021

Editorial: 2021 — No choice but be strong

Pharmaceutical companies are yet to register their vaccines with the South African Health Products Regulatory Authority, boding ill for its delivery to the public

By Editorial
Virtual reality a relief this year
Opinion
/ 7 January 2021

Virtual reality a relief this year

Viewing January 8 off the screen instead of from the middle of a stadium should be the way of the future

By Paddy Harper
The year the music died — almost
Friday
/ 11 December 2020

The year the music died — almost

Half of the participants in a recent study on the live music industry are likely to quit their craft

By Gwen Ansell
Assets, wealth revolution on the go
Business
/ 11 December 2020

Assets, wealth revolution on the go

Financiers are ‘impact investing’ by shifting their support to investment products that prioritise environmental, social and governance issues

By Tshegofatso Mathe
Biodiversity is crucial for South Africa’s food security
The Green Guardian
/ 1 December 2020

Biodiversity is crucial for South Africa’s food security

Farming must embrace sustainable, regenerative agriculture practices to secure our future

By Isak B Oosthuizen
Companies need to plan for the future through skills development
Opinion
/ 29 November 2020

Companies need to plan for the future through skills development

COMMENT: Businesses need to focus on the training the so-called soft skills needed to respond to an ever-changing environment

By Leana de Beer
ANC: ‘We’re operating under conditions of anarchy’
Politics
/ 26 November 2020

ANC: ‘We’re operating under conditions of anarchy’

In its latest policy documents, the ANC is self-critical and wants ‘consequence management’, yet it’s letting its members off the hook again

By Athandiwe Saba and Paddy Harper
Sudan’s government gambles over fuel-subsidy cuts — and people pay the price
Africa
/ 24 November 2020

Sudan’s government gambles over fuel-subsidy cuts — and people pay the price

Economists question the manner in which the transitional government partially cut fuel subsidies

By Ayin Network
Ramaphosa: We want investment pledges to translate into new jobs
Business
/ 18 November 2020

Ramaphosa: We want investment pledges to translate into new jobs

To move out of South Africa’s economic funk, Ramaphosa is prioritising the materialisation of pledges made at the previous investment conferences.

By Tshegofatso Mathe
Angola’s president squanders his early goodwill
Africa
/ 12 November 2020

Angola’s president squanders his early goodwill

Angolans lose faith in João Lourenço as the economy tanks and corruption persists

By Cláudio Silva
Ramphosa extends national state of disaster
Coronavirus
/ 11 November 2020

Ramphosa extends national state of disaster

As the president extends the state of disaster for another month, other restrictions will be eased, including those on alcohol sales and international travel

By Tshegofatso Mathe and Khaya Koko
Recommendations for a nation in crisis
Opinion
/ 10 November 2020

Recommendations for a nation in crisis

South Africa lacks rigorous implementation of its many, well-designed policies and plans

By Naledi Ngqambela
Tax the super rich and raise inflation to cut state debt, inequality and poverty
Opinion
/ 10 November 2020

Tax the super rich and raise inflation to cut state debt, inequality and poverty

The richest 10% of South Africans own over 85% of all private wealth and a once-off 25% tax would reduce government debt by more than half. Imagine what a five-year wealth tax could do

By Marc Wegerif
Patel: South Africa on target to attract R1.2-trillion in investments
Business
/ 9 November 2020

Patel: South Africa on target to attract R1.2-trillion in investments

The trade minister says the country is on track to reach more than R1-trillion worth of investments over five years, despite Covid-19 disruptions

By Thando Maeko
Buy local to support the South African economy
Opinion
/ 7 November 2020

Buy local to support the South African economy

Building a domestic market for local goods not only creates employment, but also makes South Africa a more resilient market forc

By Jonathan Shapiro
Covid-19 causes Acsa to dust off its begging bowl
Business
/ 7 November 2020

Covid-19 causes Acsa to dust off its begging bowl

The SOE has asked the government for R3.5-billion in extra support over the next three years to offset losses incurred because of the pandemic

By Thando Maeko
Fix economy: Cut, build, tax
Business
/ 16 October 2020

Fix economy: Cut, build, tax

Expert panel presents a range of solutions to the economic crisis that include cost cutting, infrastructure spending and a solidarity levy

By Thando Maeko
How Africa can curb illicit financial flows to strengthen economies post Covid-19
Africa
/ 6 October 2020

How Africa can curb illicit financial flows to strengthen economies post Covid-19

The AfCFTA is set to be implemented at the same time as the globe tackles post-Covid-19 recovery. Deeping continental integration can help to boost economies, particularly if stemming illicit financial flows is prioritised

By Paul Akiwumi
Infrastructure key to economic recovery — Ramaphosa
Politics
/ 6 October 2020

Infrastructure key to economic recovery — Ramaphosa

The governing party wants localisation at the centre of its infrastructure-led strategy

By Paddy Harper
The economic effects of racism are more deadly than Covid-19
Opinion
/ 2 October 2020

The economic effects of racism are more deadly than Covid-19

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

By Charles R Stith
E-payments for the unbanked are booming
Opinion
/ 20 September 2020

E-payments for the unbanked are booming

The pandemic is providing mobile phone network operators with a unique chance to partner with fintech firms and banks to deliver clever e-commerce solutions to the informal sector in Africa

By Osahon Akpata
Why insurance firms’ earnings are down
Business
/ 19 September 2020

Why insurance firms’ earnings are down

Covid-19 has hit the insurance industry especially hard

By Tshegofatso Mathe
Debt rises as virus eats paycheques
Business
/ 17 September 2020

Debt rises as virus eats paycheques

Heavily indebted, South Africans turn to loan sharks rather than banks for short-term relief, while business resists borrowing from banks due to economic uncertainty

By Tshegofatso Mathe and Thando Maeko
Level one loading: Almost back to normal
Coronavirus
/ 16 September 2020

Level one loading: Almost back to normal

President Cyril Ramaphosa announces South Africa will move to level one of lockdown on September 20 after nearly six months of restrictions on movement, trade, learning and socialising

By Lester Kiewit, Paddy Harper, Sarah Smit and Thando Maeko
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