Dawie Roodt
latest news & developments
Competition regulation is essential for inclusive growth
In ensuring that markets remain open for all, the Competition Commission’s work cultivates the right conditions for new and growing businesses, including black-owned businesses,…
We need more anger about racism in South Africa
Those who want a non-racial and equal society need to unite against both whites and blacks who collaborate to entrench a racist system
PetroSA boss Mapula Modipa steps down
PetroSA on Wednesday announced the voluntary departure of Mapula Modipa, who is set to step down at the end of June after a year at the helm.
Consumers over a barrel as fuel price soars
Petrol prices could rise by another 20c/litre, despite a 93c/litre hike that kicked in on September 5.
Don’t expect change on interest rates, say economists
The South African Reserve Bank will leave interest rates unchanged for the foreseeable future should economic conditions persist, economists predict.
State can afford to take on more debt
The state, economists say, can afford to double its debt levels and lift borrowing to about R1-trillion to pay its ambitious infrastructure plans.
Rates steady in spite of rand’s freefall
The Reserve Bank kept interest rates steady on Thursday, after a sharp overnight depreciation of the rand and amid darkening expectations.
Pushing up VAT ‘the least damaging way to fund NHI’
An increase in the rate of Value Added Tax would be the most effective way of funding the National Health Insurance, economists say.
Fears of all-out global trade war
Local economists downbeat about the upcoming G20 meeting and expect developing countries to look to their own interests.
Economist eyes 35c/l drop in petrol price
The price of petrol should drop about 35 cents per litre (c/l) when the central energy fund releases the latest petrol and diesel prices on Friday.
Manuel’s resignation sows chaos
The resignation of Trevor Manuel — alongside 13 senior Cabinet ministers — has caused confusion and volatility in the country’s financial markets.
Expect budget changes by new ANC, says economist
The new ANC leadership is likely to make budget changes prior to the election next year, says an economist.
Violence adds to economic woes
Anti-foreigner violence in South Africa has already hit the mining sector, a mainstay of the domestic economy, and threatens to undermine confidence among international…
PPI data ‘does not bode well for consumers’
South Africa’s producer price index (PPI) rose by 11,8% year-on-year in March from 11,2% in February, Statistics South Africa data on Thursday showed. Dawie Roodt, economist at…
Govt’s power plan for mines expected on Friday
The South African government will on Friday announce whether power supply can be increased to mines while maintaining the stability of the system. The review of consumption comes…