A mostly positive budget for reform momentum and debt management
POSTED ON: November 11, 2021 IN Economic policy by Admin
By Busi Mavuso
We congratulate Finance Minister Enoch Godongwana for his first MTBPS in parliament. It has not been the easiest moment for the minister to take on the reigns.
Spending itself out of a crisis is not an option for SA
POSTED ON: November 10, 2021 IN Economic policy by Admin
By Busi Mavuso
Finance minister Enoch Godongwana needs to stick with predecessor’s plan to ‘close the hippo’s jaws’.
Income disclosure requirement will do little to address inequality
POSTED ON: October 18, 2021 IN Economic policy, Employment by Admin
By Busi Mavuso
The remuneration of CEOs and senior executives is a sensitive topic in SA given high levels of income inequality – but it’s an important issue globally.
Minister Godongwana’s message should be sent to every public servant in the land
POSTED ON: October 5, 2021 IN Economic policy, small business, SOEs by Admin
By Busi Mavuso
“We have got to make it really easy to do business.” With that underlying message, Minister Godongwana hit all the right notes in his address to the Sunday Times Investment Summit last week.
State should use timely budget surplus boon to accelerate reform
POSTED ON: October 4, 2021 IN #EconomicGrowthSA, Economic policy by Admin
By Busi mavuso
The news of the surplus is positive and more importantly, it helps regain some credibility in markets for a Treasury that has taken a knock in recent years.
It’s urgent fiscal reform — or bust
POSTED ON: September 28, 2021 IN Covid-19, Economic policy by Admin
By Busi Mavuso
Inflationary pressures, if sustained, suggest that we should focus on fiscal and policy reform to ensure that our economic rebound from last year’s catastrophic collapse continues.
Q3 business confidence figures show the slippery slope
POSTED ON: September 14, 2021 IN #EconomicGrowthSA, Covid-19, Economic policy by Admin
By Busi Mavuso
Last week, we got bits of economic data reflecting the effects of the July unrest. The RMB Business Confidence Index slumped back into negative territory (below 50 points) in Q3, falling seven points to 43.
Alert level 2 is the next logical phase to move to
POSTED ON: September 6, 2021 IN cov, Political economy by Admin
By Busi Mavuso
The current Level 3 runs to 15 October – that is too long to wait. A shift to level 2 should happen sooner.
BLSA CEO’s letter – 6 September 2021
POSTED ON: September 5, 2021 IN BLSA CEO's Weekly, Economic growth, Unemployment by Admin
By Busi Mavuso
I want to add my welcome to the incoming president Bonang Mohale and deputy president Adrian Gore, who are taking up the leadership of Business Unity South Africa (BUSA) at this crucial point.
BLSA CEO’s letter – 30 August 2021
POSTED ON: August 30, 2021 IN BLSA CEO's Weekly, Covid-19 by Admin
By Busi Mavuso
I feel positive that we are moving in the right direction, both on the vaccine programme and the economic policy changes needed.