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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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Since the lockdown began in South Africa on 27 March 2020, only 207 additional critical care beds and 350 ventilators have been added in the public health sector. According to a recent article on News24, there were 2,512 critical care …
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The devastating effects of South Africa’s draconian lockdown are playing out in front of our eyes. Implemented on 27 March 2020, the lockdown has piled on the misery for an economy that was already taking its last breaths. The myriad …
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Restrictions on individual liberty always and everywhere affect poorer people more than those who are well off. For example, when healthcare is nationalised, wealthier citizens and politicians can travel to other countries for their healthcare needs – poorer people cannot. …
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Imagine for a moment the Rugby World Cup-winning captain, Siya Kolisi, on a gymnastics mat, trying to perform handstands and backflips. Or imagine Quinton de Kock packing down in the front row of the Stormers forward pack. How about giving …
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The probability of a credit rating downgrade from Moody’s Corporation does not necessarily equal ‘good’ news for South Africa’s economic prospects. It is merely the calm before the storm. It would be good news if South Africa had embarked on …
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