Isaah Mhlanga
latest news & developmentsTapping into gold and foreign reserve to pay debt servicing costs is risky for South Africa
Economists say the government can expect to incur inflationary and exchange rate costs from the move
Move to tap forex reserve is ‘sensible’
Commentators are cautiously positive about the treasury’s decision to use the Gold and Foreign Exchange Contingency Reserve Account
Global economy braces for Israel-Hamas spillover
A wider Middle East war would hit an already fragile and fragmented economy.
Emerging markets unwinding? Not just yet
Chile and Brazil are leading the pack with their recent interest rate cuts but South Africa is on its own timeline
SA’s R210 billion grid dilemma hits pause on load-shedding fix
Renewable energy could close the gap between demand and supply, ending load-shedding. But out-of-pocket Eskom must find money to upgrade its transmission infrastructure first
GDP contracts as SA’s sluggish economy embarks on a go-slow
Global dynamics and South Africa’s energy crisis will weigh on domestic growth for years to come. But green investment could, eventually, resuscitate the economy
‘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
Will business come to the table for Cyril to meet his 100-day promise?
Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually…
Rand offers cold comfort amid global inflation storm
The rand has managed to withstand even the strongest global headwinds, but it is unlikely it will continue to hold steady in the wake of the Fed’s aggression
Public procurement law is not the problem – people are
The Zondo report delves into South Africa’s procurement web, as it tries to figure out why state-owned entities were able to be captured
2022: A return to normality or more economic uncertainty?
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
Lessons from Turkey to SA: Economic independence is a battle
Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
‘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 ‘will be just fine’
The new finance minister has a difficult task, but analysts say his political capital will help him hold a hard line on state spending
Economy’s signs of life mean little for the poor
GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed