Collaboration between SAPS and security companies paying off: BACSA
Who would have thought the year would have been one shaped by an outbreak of a disease in Wuhan City in Hubei Province, China.
When Finance Minister Tito Mboweni first threw down the gauntlet on public sector wages last year when he delivered the medium-term budget, we knew that a hard road lay ahead in reaching agreement with workers.
As we draw the curtain on a year that historians across the globe will describe as “annus horribilis”, SA is going to have to urgently focus on the fault lines in the economy.
Business Leadership SA in conjunction with the World Economic Forum hosted a workshop to determine the factors that big business believes are most critical to SA’s economic recovery.
What we could have best hoped for from ratings agencies Moody’s and Fitch was a bit of a reprieve in their judgment of the country’s sovereign ratings as they considered the impact of Covid-19 pandemic on the economy.
The developments at the SABC over the past week are further evidence of the devastating effect a culture that encourages lack of good governance, accountability and sustainability can have on stakeholders in a company.
In just over a couple of weeks, Statistics South Africa is going to deliver a report card on SA’s economic performance in the third quarter of this year.
So much emphasis is placed on what’s best for big business and government in SA when we speak of the country’s growth prospects that it presents a rather one-sided picture of the state of the economy.
WHEN MOODY’S Investors Service cut our ratings into sub investment grade this year a relegation that at best could last as long as seven years there were a myriad factor that fed into its decision.
In the past month, we’ve heard two important messages for the country reeling from the effect of the Covid-19 pandemic.
Economic data from the past few weeks show an economy slowly emerging from the ambers of the “great lockdown” that began in March. It promises to be a better end to the year, but in no way should this be construed as being out of the woods.