The guillotine falls … can we turn it around?
The crack in the SA economy has, after some gallant efforts by the more sober elements of our body politic, proven impossible to seal after all.
BUSI MAVUSO: Moody’s downgrade or not, SA must press on with structural reform
This Friday, Moody’s Investors Services — the last agency to have the country on investment grading — may just deliver that reckoning.
Coronavirus presents a test South Africa can’t afford to fail
It’s all hands on deck to keep the economy afloat, in what is the perfect storm NEWLY produced protective masks to prevent coronavirus infection.
BUSI MAVUSO: Uncertainty in a time of coronavirus …
Indecision about certain things is a certainty in SA. Now we have a new layer of uncertainty added in the form of a virus
We must stamp out illicit trade to boost the fiscus
The fiscus loses millions each day because of illicit trade. Sars can’t tackle this problem alone: it is up to all citizens to play their part
What are SA’s stimulus options, if any?
Economy hasn’t managed to breach the 2 percent growth mark in more than half a decade
BUSI MAVUSO: High-flying criminals will get their comeuppance
South Africa has so many problems, with the coronavirus the latest crisis to add to our recession woes, that I’m sure many people sometimes feel overwhelmed.
Recession: Lack of generation capacity at heart of SA’s crisis
TWO RECESSIONS in less than two years and a sixth consecutive year that South Africa’s economy has grown below 2 percent – that’s the picture of this country following news that the economy shrank by 1.4 percent in the fourth quarter last year and grew only 0.2 percent in 2019.
BUSI MAVUSO: Life support must come with reforms
In a month in which Moody’s Investors Services may make a call on our sovereign ratings that could send us crashing into “junk” status. It’s not how we would have chosen to enter our autumn, but it is what it is.
A welcome step on public sector wages, but action is still needed on SOE vampires
What was called for in this week’s budget speech was substance, rather than bluster about how we must do something about the crisis in expenditure and rising debt. For the most part, finance minister Tito Mboweni delivered.
Cyril Ramaphosa’s SONA is the most significant speech since 1994
There’s a lot riding on this year’s state of the nation address, something I am sure you’ve heard one time too many over the past few years in a country with an economy struggling to grow.
Cosatu’s debt bailout proposal for Eskom amounts to nothing more than a free lunch
In the spirit of coming to a solution to the Eskom debt crisis, we welcome the contribution that was made by Cosatu over the past week. But we caution against its adoption because we can’t use public pensions as a convenient “piggy bank” to bail out our indebted state-owned enterprises.