Goldman Sachs
latest news & developmentsA strong South Africa Al plan could protect economy – and people
The technology has huge implications for the country and the world. Experts say if South Africa fails to prepare, it will be preparing to fail
Creaking economy must be reformed for the better
Structural reforms are often offered as the solution to South Africa’s growth problem, but we should be wary when they are code for privatisation
What’s in it for the ‘friends of Brics’?
A bigger alliance will give the group extra economic heft, but it remains to be seen whether its members can speak in one voice
US-SA diplomatic spat signals Brics jitters
The US ambassador’s allegations against South Africa come as a push to expand the Brics bloc’s influence threatens to force a new world order
Will the dollar hit a Brics wall?
The architecture of the global financial system hurts emerging market economies but the alliance has yet to offer an alternative
Explainer: What a weak rand means for interest rates
Later this month the South African Reserve Bank will decide how big a rise the country’s flailing economy can take
Will business come to the table for Cyril to meet his 100-day promise?
Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually…
Beware of Big Business bearing gifts
Large corporates whose business has thrived because of inequalities, could be hijacking the anti-racist movement by offering money and not tangible changes
Coleman steps down from Goldman Sachs
The ‘capitalist comrade’ has been with the international banking firm since 2000
South Africa is ripe for right-wing populist movements
The emergence of parties such as the African Transformation Movement signals a worrying trend
International case may set precedent in rand-rigging battle
Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013
No gain without pain, says Cyril’s capitalist comrade
Colin Coleman and Cyril Ramaphosa go way back, and the Goldman Sachs banker has the ear of ANC policy gurus
Automaker Tesla to remain a public company, CEO Musk says
Elon Musk says the company would continue to be publicly traded, weeks after suggesting that he would take the pioneering electric carmaker private
Success of Ramaphosa’s investment drive out of his hands
The President has less impact on investment levels than he may like to admit
Focus shifts to Steinhoff’s ex-chair Christo Wiese
It appears US banks lost $1-billion when they loaned to the tycoon who used his Steinhoff shares as collateral