Cosatu’s debt bailout proposal for Eskom amounts to nothing more than a free lunch


POSTED ON: February 10, 2020 IN , by Admin

SA can’t use public pensions as a convenient piggy bank to bail out our indebted SOEs and avoid fundamental reforms.

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The argument against appointing a ‘land tsar’


POSTED ON: February 6, 2020 IN by Admin

Placing land reform in the hands of a government official – a ‘land tsar’ – will only add another layer of policy uncertainty to South Africa’s economic story.

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WEF report card for team South Africa


POSTED ON: January 30, 2020 IN by Admin

The South African story and its main architects should always hold centre of place at forums such as the WEF in Davos and not cower away into corners under irresponsible economic paths because of our own policy inertia.

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Illicit trade and South Africa’s vehicle sector


POSTED ON: January 22, 2020 IN by Admin

Cheap as they may be to a South African consumer that has been struggling under the weight of an under-performing economy for the better part of five years, the illegal import of vehicles from places as far as Japan, China and Singapore will prove more expensive in the end to the country through the loss of millions in revenue.

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Labour, the missing player in South Africa’s turnaround


POSTED ON: December 10, 2019 IN , , 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.

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Ethics Barometer will enable private sector to serve society by putting ethics first


POSTED ON: December 2, 2019 IN , 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.

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Decisiveness called for with our day of economic reckoning just around the corner


POSTED ON: IN , , 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.

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Wage bill is perhaps the greatest challenge facing Ramaphosa’s administration


POSTED ON: November 7, 2019 IN by Admin

THE sixth administration is going to have to face up to some hard truths over the next few months if it is going to show some real commitment to drawing a line in the continued deterioration of its finances. There’s no harder truth than its bloated wage bill.

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“Mini Budget” preview – mini in name only


POSTED ON: October 28, 2019 IN by Admin

In years past, this week’s speech – that doesn’t carry as much weight as the February budget – was primarily seen as a marker in calendars of just when the state would be unofficially going on its summer holidays. It couldn’t be more different now as it will serve as a statement of intent of Ramaphosa’s first administration, and perhaps the constant date changes bear testimony to its importance – we hope.

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Business can’t ignore pleas of women who fear to walk down the street or office corridors


POSTED ON: September 22, 2019 IN , by Admin

Social cohesion improves economic growth by stopping physical and human capital destruction and creating social capital, cooperation and trust in society.

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