Capability outside Eskom for power generation is the light at the end of the tunnel
POSTED ON: December 17, 2019 IN Energy by Admin
Here are short-term measures that can be be acted upon immediately to help the energy crisis. They will contribute additional capacity and, importantly, boost sentiment.
Labour, the missing player in South Africa’s turnaround
POSTED ON: December 10, 2019 IN Employment, Political economy, SOEs by Admin
As difficult a path that business rescue is, and as wary as we are of the unintended consequences, the shareholder’s stance in the SAA matter has put to paid one thing: companies are not too big to fail. Eskom, of course is a special case. This should however not incentivise unions to prolong their rigid approach; rather, they should try and be part of the solution.
Government needs to pull out all the stops to escape low-growth trap
POSTED ON: December 5, 2019 IN Political economy by Admin
As much as the government under President Cyril Ramaphosa focuses on drawing investment into the country, it is in matters such as freeing up the private sector, and in particular SMMEs, where we’ll find shorter, quicker pathways to a better growth outlook for the economy.
Ethics Barometer will enable private sector to serve society by putting ethics first
POSTED ON: December 2, 2019 IN Latest news, Political economy by Admin
There’s much introspection that we as business need to do, particularly to gauge just where we need to improve our relations with all our stakeholders. This is a conversation that isn’t reserved just for South Africa because of any uniqueness in our history, but one that can increasingly take shape across the globe. While the Ethics Barometer has been acclimatised to our local conditions, the Harvard-developed tool is relevant internationally.
Decisiveness called for with our day of economic reckoning just around the corner
POSTED ON: IN Political economy, Rating agencies, SOEs by Admin
Call them friendly to the South African story, or more considerate of the structural fault-lines in our economy, for whatever their reasoning, they’ve resisted following the path of their peers. But come next February, it seems we may have run out of rope if promises of the new political dispensation at the helm of the governing party, ANC, aren’t translated into hard decisions.