Austerity Measures
latest news & developments
Pragmatic, pinched budget statement dampens growth hopes
Finance minister Enoch Godongwana forecast 1.8% growth over three years, coupled with a bigger deficit, as debt service costs crowd out fiscal space
Business leaders remember Mboweni as self-starter, resolute
He leaves a legacy as a champion of labour rights, fiscal and monetary reform and prudent government spending
Strike looms at Sars over 0% wage increase
The revenue collector says it is unable to offer its 12 479 staff any salary increase, leading Nehawu and others to announce strike action
How to rescue SA’s ailing economy
2020 was a challenging year for everybody, with no growth forecast in the economy, fears of a deep recession and a jobs bloodbath. Three experts contextualise this situation,…