Organisation For Economic Co Operation And Development
latest news & developmentsFrom Helsinki to Joburg: Lessons in equality
The Nordic model holds some insight into how to close South Africa’s yawning income and wealth gap
OECD: How South Africa can afford the R350 grant permanently
In its economic survey, the OECD recommends increasing VAT or broadening the base of corporate and personal income taxes to pay for the grant
New migration policy could cut remittances lifeline
Migrant workers are seen as contributing to South Africa’s unemployment crisis. But cutting them off threatens to throw the regional economy off kilter
UK eyes up Covid-19 vaccine donations to slash £140m of foreign aid
The UK is set to count its excess Covid-19 vaccines as part of its aid budget, taking money away from other projects
World Economic Forum: ‘2022 will be like navigating an obstacle course’
Central banks massively underestimated inflation risks as economies bounced back from the pandemic-induced slump
Khaya Sithole: What’s the state’s role in business?
State participation is valid when the market can’t deliver what’s needed, such as roads and rail networks and telecommunications. But banks and airlines are private enterprise…
A search for the meaning behind Motshekga’s words
COMMENT The National Education Collaboration Trust (NECT) recently hosted a seminar under the theme, Curriculum in a fast-changing world: addressing short-term urgencies, laying…
OECD urges SA to reform to recover from pandemic effects
The OECD predicts a 7.5% contraction in South Africa’s GDP, with an 8.2% contraction if a second wave of Covid-19 is not avoided
Apartheid criminals still at large
Corporations and banks that aided the apartheid regime have not been brought to book, so they continue to act with impunity
Growth is more than just GDP
India and China’s slowdown is natural and they’d do well to focus policies on the notion of wellbeing
Global tax for multinationals gains traction
Multinational companies have been gaming the rules of the global economy to minimise their tax liability — or even eliminate it
New VAT rules lead global tax reform
The target for tax authorities is the $2-trillion in annual e-commerce transactions that is set to rise to $4.5-trillion in three years’ time
Illicit financial flows costing Africa billions
Abusive transfer pricing, bribery and tax evasion are contributing to the loss of more than $60-billion from unlawful money flows in Africa.
Patel: Government has plan to create jobs
Ebrahim Patel told Parliament last week that SA has a strategy to deal with the pending crisis. This is an edited version of the speech he gave.