After what seemed like years of relentless downgrading of our economic prospects — and in turn the government’s ability to fund its growing debt — the move by one of the world’s three leading ratings agencies, S&P Global Ratings, to leave our rating unchanged and keep the outlook stable is a relief.
Business Leadership South Africa (BLSA) says illicit trade in alcohol and cigarettes during the lockdown restrictions has resulted in billions of rands lost in revenue and the mushrooming of criminal syndicates working on the black market to peddle these products.
Business Leadership South Africa has launched a report on solutions to boost infrastructure investment so that it achieves the 30% target set by the National Development Plan.
Infrastructure is central to our country’s economic recovery agenda and by spending on infrastructure we increase the capacity and the efficiency of the economy.
The third wave is not here yet but the numbers are telling us that it could be sooner rather than later.
The optimism as we enter the second phase of our vaccination rollout this week has been watered down somewhat by growing evidence that we are nearing our third wave of the Covid-19 pandemic.
Business Leadership South Africa (BLSA) in conjunction with Business Unity South Africa (BUSA) have launched an important research report into localisation policy.
Eskom’s restructuring path wouldn’t have been easy in simpler times, but in a period where its operational limitations have been laid bare and its revenue challenged by the Covid-19 pandemic, it’s been so much more challenging.
With an energy grid still in a desperate position as Eskom struggles to meet demand with its ageing fleet of coal-fired power stations, the procurement of additional and clean forms of power remains one of the top to-do items for the year.
What was a certainty at the start of the Covid-19 crisis last March was that the pandemic would severely test the country’s public sector healthcare infrastructure to degrees that it has never been tested before.
Essential to the creation of this “new” economy is bridging the digital divide.
These are truly extraordinary times; there is nothing that could have prepared us or any other country for Covid-19 and the questions it would pose not only for our health but for our way of life.