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The SA economy is mired in a low-growth cycle. The 2021 medium-term budget policy statement delivered by finance minister Enoch Godongwana indicated a growth forecast of 1.8% for 2022 and 1.6% in 2023 — with our emerging-market peers expecting growth …
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The economic policies that a government chooses to implement have a material, lasting impact on the quality of life of its citizens. Where it is easier to create wealth, start businesses, get a job, and invest over the long-term, there …
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President Ramaphosa recently announced that the Transnet National Ports Authority will become an independent subsidiary of Transnet, and will be wholly owned by it. But more still needs to be done.
Ramaphosa said that making the Authority independent “will create …
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As the world hopefully heads out of the COVID-19 lockdowns, trade and the shipping of more goods should continue to increase, as logistics bottlenecks start to ease and fiscal stimuli from major trading nations in the developed world continue to …
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This might come as a surprise to many in the government, but it is its own ideological and concomitant policy choices over many years that have left it “teetering on a fiscal cliff” (“Government is broke, says minister in …
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Living standards “are likely to be set back a decade and tens of millions of people … could be pushed into extreme poverty,” according to the World Bank’s January 2021 Global Economic Prospects. The Bank points out that growth …
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In 2000, South Africa was ranked at 58th in the Fraser Institute’s Economic Freedom of the World (EFW) report. In the 2020 edition, South Africa’s ranking was 90th, out of 162 countries and territories. The steady decline of the country’s …
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The negative effects of South Africa’s hard lockdown continue to reverberate through the economy and broader society. The latest flashpoint has been in the taxi industry, specifically in Gauteng, where the South African National Taxi Council (SANTANCO) started the week …
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South Africa’s government-imposed COVID-19 lockdown was supposedly instituted to buy the government time to manage the spread of the virus and to allow the public healthcare sector to prepare its own facilities adequately for an increase in COVID-19 cases. But …
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The negative effects of South Africa’s hard lockdown continue to reverberate through the economy and broader society. The latest flashpoint has been in the taxi industry, specifically in Gauteng, where the South African National Taxi Council (SANTANCO) started the week …
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