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Hugo Pienaar

Ramaphosa confident that mining rights backlog will be cleared
Business
/ 5 February 2024

Ramaphosa confident that mining rights backlog will be cleared

Speaking during the opening ceremony of the Mining Indaba, the president emphasised that work is underway to unlock investment

By Sarah Smit
Mining industry sees light at end of the tunnel
Business
/ 5 February 2024

Mining industry sees light at end of the tunnel

The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism

By Sarah Smit
Austerity, the NDP’s grim reaper
Business
/ 29 September 2023

Austerity, the NDP’s grim reaper

Ten years after its adoption, the government has failed to achieve the targets set out in the National Development Plan. Looming spending cuts will render the NDP even more futile

By Sarah Smit
Banking shock exposes cheap cash addiction
Business
/ 23 March 2023

Banking shock exposes cheap cash addiction

The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit

By Sarah Smit
Long road ahead for South Africa to climb out of junk status
Business
/ 16 November 2022

Long road ahead for South Africa to climb out of junk status

Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating

By Sarah Smit
Reserve Bank will stay tough, even as inflation softens
Business
/ 19 September 2022

Reserve Bank will stay tough, even as inflation softens

Borrowers face another 75 basis point repo rate hike this week, as inflation looks to stay uncomfortably high

By Sarah Smit
Why is turning the tide on SA unemployment so tough?
Business
/ 15 August 2022

Why is turning the tide on SA unemployment so tough?

South Africa’s jobless rate is one of the highest in the world — and bringing it down significantly could take years

By Sarah Smit
‘Tunisia Days’ ahead as inflation exerts political pressure
Business
/ 27 July 2022

‘Tunisia Days’ ahead as inflation exerts political pressure

With high prices continuing to bear down on consumers the world over, leaders who fail to bring inflation to heel could face a reckoning

By Sarah Smit
At 6.5%, inflation seals another ‘aggressive’ interest rate hike
Business
/ 22 June 2022

At 6.5%, inflation seals another ‘aggressive’ interest rate hike

Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years

By Sarah Smit
Russia-Ukraine crisis sends oil prices soaring as South Africans face record fuel prices
Business
/ 22 February 2022

Russia-Ukraine crisis sends oil prices soaring as South Africans face record fuel prices

The threat of a major war in Europe has kept global financial markets on tenterhooks

By Sarah Smit
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles
Business
/ 22 November 2021

‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles

Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect

By Sarah Smit
Godongwana’s inaugural budget: austerity vs social security
Business
/ 7 November 2021

Godongwana’s inaugural budget: austerity vs social security

Economists predict the finance minister will speak about the basic income grant, the effect of the July riots on the fiscus, and bailouts

By Sarah Smit and Anathi Madubela
If the inflation-driving supply strain in the US lasts, it could put South Africa in a chokehold
Business
/ 19 September 2021

If the inflation-driving supply strain in the US lasts, it could put South Africa in a chokehold

In South Africa, a strong trade surplus, buoyed by robust commodity prices, will cushion our economy against pressure arising from US policy

By Sarah Smit
South Africa’s recovery lags behind emerging market peers Mexico, India
Business
/ 10 September 2021

South Africa’s recovery lags behind emerging market peers Mexico, India

The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers

By Sarah Smit
Commodities ‘bail out’ South African economy, but chronic structural woes remain
Business
/ 8 August 2021

Commodities ‘bail out’ South African economy, but chronic structural woes remain

The mining industry is riding a wave that will eventually crash, analysts warn

By Sarah Smit
The basic income grant is surely on the horizon
National
/ 29 July 2021

The basic income grant is surely on the horizon

It is becoming clear SA needs a BIG, as many ANC cabinet members, opposition parties and experts agree. But there is still dissent from some quarters

By Lizeka Tandwa, Sarah Smit and Emsie Ferreira

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