Hugo Pienaar
latest news & developmentsRamaphosa confident that mining rights backlog will be cleared
Speaking during the opening ceremony of the Mining Indaba, the president emphasised that work is underway to unlock investment
Mining industry sees light at end of the tunnel
The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism
Austerity, the NDP’s grim reaper
Ten years after its adoption, the government has failed to achieve the targets set out in the National Development Plan. Looming spending cuts will render the NDP even more futile
Banking shock exposes cheap cash addiction
The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
Long road ahead for South Africa to climb out of junk status
Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating
Reserve Bank will stay tough, even as inflation softens
Borrowers face another 75 basis point repo rate hike this week, as inflation looks to stay uncomfortably high
Why is turning the tide on SA unemployment so tough?
South Africa’s jobless rate is one of the highest in the world — and bringing it down significantly could take years
‘Tunisia Days’ ahead as inflation exerts political pressure
With high prices continuing to bear down on consumers the world over, leaders who fail to bring inflation to heel could face a reckoning
At 6.5%, inflation seals another ‘aggressive’ interest rate hike
Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years
Russia-Ukraine crisis sends oil prices soaring as South Africans face record fuel prices
The threat of a major war in Europe has kept global financial markets on tenterhooks
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
Godongwana’s inaugural budget: austerity vs social security
Economists predict the finance minister will speak about the basic income grant, the effect of the July riots on the fiscus, and bailouts
If the inflation-driving supply strain in the US lasts, it could put South Africa in a chokehold
In South Africa, a strong trade surplus, buoyed by robust commodity prices, will cushion our economy against pressure arising from US policy
South Africa’s recovery lags behind emerging market peers Mexico, India
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
Commodities ‘bail out’ South African economy, but chronic structural woes remain
The mining industry is riding a wave that will eventually crash, analysts warn