An IMF loan through its stand-by arrangement means SA would have to sign up to conditions. While on the surface it is presented as not being a loss of sovereignty, in reality it is.

By Busi Mavuso

The need for transparency increases dramatically especially when lockdown decisions could destroy the livelihoods of millions of citizens, as the alcohol ban does.

By Busi Mavuso

SA’s application for $4.2bn from the IMF exhausts the ‘conditionality free’ money; the next step will be borrowing based on harsh but necessary conditionality.

We extend unwavering support to Business for South Africa (B4SA)’s economic recovery plan in its response to the Covid-19 pandemic and the economic shock it has caused.

By Busi Mavuso

With alcohol sales locked down again, South Africa needs to make the economic recovery as urgent as our health response.

By Busi Mavuso

An important background issue to get right as we face the Covid-19 crisis is that business and government must work together, while understanding our different functions.

By Busi Mavuso

SA can’t afford to lose hope and resign to the worst. Business and government have to work together to ensure that the least amount of lives are lost and that the economy holds a promise of a better tomorrow.

By Busi Mavuso

Not all government debt is bad. The key is to ensure funds are geared towards growth-enhancing measures that will benefit the vast majority.

By Busi Mavuso

As we gear up to drive an economic recovery, the downgrades of the Industrial Development Corporation and the Development Bank of Southern Africa make it more difficult for the two institutions to fund investment to support the economy.

By Busi Mavuso

SA runs the real risk of a sovereign debt crisis in about three years, which will feed into all our major corporations and our banking sector that managed to successfully navigate the global financial sector crash of 2008.