A welcome step on public sector wages, but action is still needed on SOE vampires


POSTED ON: March 2, 2020 IN , by Admin

What we called for in last week’s Budget Speech 2020 was substance rather than the bluster of words of intent. Tito Mboweni rose to the challenge.

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The toughest budget since democracy


POSTED ON: February 25, 2020 IN , by Admin

South Africa’s national finances are in a perilous state and the finance minister will have the difficult task of setting out how they will be managed.

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THE BUDGET: “SUBSTANCE OVER BLUSTER”


POSTED ON: IN , , by Admin

Much is riding in the 2020 Budget speech because a slide into full junk status by Moody’s is a very clear and present danger.

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Cyril Ramaphosa’s Sona is the most significant speech since 1994


POSTED ON: February 11, 2020 IN , , by Admin

It is up to President Cyril Ramaphosa to reinvigorate and inspire confidence in South Africans from all walks of life in his SONA.

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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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