Finance Minister Tito Mboweni has outlined the fiscal and monetary policy interventions implemented by the government in its fight against Covid-19
President announces an ‘extraordinary coronavirus budget’ with R20-billion for healthcare and spending on the pandemic equal to 10% of national GDP
President Cyril Ramaphosa is set to announce the government’s long-awaited economic stimulus plan to deal with the effects of Covid-19. The key will be getting loans for a stimulus without ‘selling’ the country.
Measures to contain Covid-19, including the lockdown, are costly and hurt the economy
With little money to respond to Covid-19, the government is looking at other sources of funding
Individualistic values, reflected in everything from the the prosperity gospel and capitalism to social media influencers, may be overcome when we emerge from the Covid-19 pandemic
Jakkie Cilliers’s book about igniting a growth revolution in Africa has some timely lessons as we seek ways to mitigate the economic effects of Covid-19
Authorities are urging people to remain calm about the Covid-19 coronavirus outbreak, and with good reason — panic will only exacerbate the situation
The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27
African governments are issuing and listing their Eurobonds on established international debt markets – usually London and Irish Stock Exchanges
These include improving teachers’ knowledge and pay, and teaching in the mother tongue
A resurgent conspiracy theory that Nelson Mandela died in 1985 reveals the growing hopelessness in South Africa that rampant inequality is irreversible
They represent a range of views and are tasked with reaching an agreement on divisive issues
India and China’s slowdown is natural and they’d do well to focus policies on the notion of wellbeing
Female bosses at the IMF, ECB and EU are putting climate at the heart of policymaking
Violent protests have broken out in several Arab countries since early 2010 and turned into bloody civil wars in Syria, Yemen and Libya
The protests and their aftermath have uncovered the social tensions arising from the marginalisation of indigenous populations in the country
It warned that the outlook is beset by risks, and urged policymakers to work to find resolutions to trade disputes
Despite the depressing economic climate, South Africa can avoid the debt trap and foreign investors can easily access its markets
The Act has the potential to mitigate environmental damage and boost South Africa’s standing globally
East Asia 1998, Greece 2008, Argentina 2018. The fund knows the suffering its loans cause, yet it has gone ahead in Ecuador
Eskom has the whole economy in a death spiral
It’s a recipe that should feed 58-million with a bit of pot-luck and an ample pinch of salt
Tax avoidance hits developing countries hard because companies’ declared profits are more sensitive to tax rates than in developed countries.
While the rand slipped below R14, RSA government bonds traded at yields not seen in 3 years and the JSE all-share closed at a 7 month high.
Trump indicated this week he was open to extending a trade truce beyond March 1 depending on progress in Beijing
After all we have been through, we still don’t get to define our own continent. This holds us back
Beji Caid Essebsi, who at 92 is the world’s second-oldest head of state, said this week he had no ambition for a second term
Zimbabwe is already in arrears with the AfDB, the IMF and the Word Bank
The country’s economic troubles began in 2014 when global crude oil prices dipped, hampering the government’s ability to generate revenue
The reason for the International Monetary Fund’s Christine Lagarde’s visit to South Africa is unknown
Cryptocurrencies are imploding but Lagarde says central banks should join the fintech revolution