The finance minister said the expenditure would be carried out ‘without compromising the fiscal strategy of sustainable public finances’
The country’s ports and rail systems are shambolic, but GNU and a pause in load-shedding have elicited some optimism
President Cyril Ramaphosa’s Operation Vulindlela is forging ahead with its next phase amid ongoing wrangling over positions in his executive
The 2024 budget is Duncan Pieterse’s first as director general. And he says the fiscal framework does not constitute a negotiating position
There is a tendency to think of the president as ineffective. But his first term has seen a marked hastening of structural reforms, which could change the economy forever
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
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating
So says Rudi Dicks, who is in charge of coordinating President Cyril Ramaphosa’s initiatives to drive structural reforms and employment
The president’s strategy to stop the unemployment crisis from spiralling includes cutting red tape and focusing on infrastructure investment
The OECD predicts a 7.5% contraction in South Africa’s GDP, with an 8.2% contraction if a second wave of Covid-19 is not avoided