Global Recession
latest news & developmentsNew Zealand PM Jacinda Ardern announces shock resignation
At her peak she was a domestic force, but her government has been steadily sliding in the polls over the last year
Rate hikes are the wrong medicine
The government should rather consider a targeted approach to reducing inflation
Editorial: South Africa’s inertia on finding solution to Eskom will bite even more
Solving our electricity crisis is set to become more difficult as the world now faces power shortages. We aren’t the only game in town
South Africa on weak footing amid global recession fears
A deep downturn is unlikely, analysts say. But, if it does happen, another recession will be even more difficult to recover from
Macroeconomic policy options beyond Covid-19 depression
Measures need to lay the foundations of a new economy and society post the pandemic
Social protection policies can help to combat Covid-19, and mitigate its effects
The global pandemic has highlighted the importance of national health insurance, mandatory sick leave and unemployment benefits
HSBC boss in shock exit as bank warns of ‘challenging’ times
Monday’s surprise news came shortly before HSBC reported first-half net profit up 18.6% at $8.5-billion from a year earlier.
What 10 years post-2008 tell us
Global growth has been surprisingly strong, but the surge in buybacks is limiting expenditure and could cause more political turmoil
Africa’s lessons from the global economic crisis
The continent needs to future-proof itself by crafting a new, inclusive socioeconomic system.
2008 all over again and the banks’ fail-safe will be you
Banks issued bail-in bonds hoping pension funds would buy them, but hedge funds, private banks and retail investors have snapped them up.
Woolworths rides out the recession in style
Cushioned by the loyalty of its customer base at the top end of the market, the retailer is eyeing new horizons.
Our next financial crisis – due in 2015
Financial crises come round every seven years or so – if history is a guide, the next crisis should come along some time soon.
Now is the time for workers to fight for socialism
The sixth presidential council of the World Federation of Trade Unions’ meeting in Johannesburg brings back the socialism debate.
One in three workers live in poverty
World needs to create almost 600-million jobs in order to tackle unemployment caused by recession.
Global slump may retard Africa’s growth
As the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over Africa