Interest rate increase should serve as a flashing warning light


POSTED ON: November 23, 2021 IN by Admin

By Busi Mavuso
The effects of surging global inflation arrived on our shores with a major jolt through the R1.21/litre hike in the petrol price early this month, taking it to a record high. Combined with the jarring 15% hike in electricity prices this year, consumers are being hit hard.  

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BLSA CEO’s newsletter – 22 November 2021


POSTED ON: November 22, 2021 IN by Admin

By Busi Mavuso

The medium-term budget policy statement two weeks ago showed more evidence that debt is being brought under control and that Treasury is keeping a firm hand on spending. This is all the more important because the calls for Treasury to open the taps, particularly on welfare spending, have been loud and incessant.

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Godongwana sets example for strong fiscal discipline


POSTED ON: November 15, 2021 IN , by Admin

By Busi Mavuso

On behalf of Business Leadership SA, I congratulate finance minister Godongwana for delivering a credible and disciplined first #MTBPS2021 in parliament.

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A mostly positive budget for reform momentum and debt management


POSTED ON: November 11, 2021 IN 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.

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Spending itself out of a crisis is not an option for SA


POSTED ON: November 10, 2021 IN by Admin

By Busi Mavuso

Finance minister Enoch Godongwana needs to stick with predecessor’s plan to ‘close the hippo’s jaws’.

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Income disclosure requirement will do little to address inequality


POSTED ON: October 18, 2021 IN , 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.

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Minister Godongwana’s message should be sent to every public servant in the land


POSTED ON: October 5, 2021 IN , , 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.

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State should use timely budget surplus boon to accelerate reform


POSTED ON: October 4, 2021 IN , 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.

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It’s urgent fiscal reform — or bust


POSTED ON: September 28, 2021 IN , 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.

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Q3 business confidence figures show the slippery slope


POSTED ON: September 14, 2021 IN , , 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.

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