BLSA CEO’s weekly letter -11 August
POSTED ON: August 11, 2020 IN BLSA CEO's Weekly, Economic policy, Infrastructure, Political economy by Admin
By Busi Mavuso
SA Breweries, Heineken and Consol Glass have frozen R13bn of investment. But that doesn’t begin to reflect how much investment we’re losing.
The screws need to be loosened
POSTED ON: August 6, 2020 IN Economic policy, Employment by Admin
By Busi Mavuso.
It’s imperative to open up as much of the economy as possible without compromising Covid-19 safety protocols.
Reality bites with IMF loan
POSTED ON: July 29, 2020 IN Covid-19, Economic policy, Political economy by Admin
By Busi Mavuso
SA is being bailed out by the IMF because we can’t finance the Covid-19 battle ourselves. That’s because of our low growth over the last five years.
Interview: SA’s problems precede the virus
POSTED ON: July 20, 2020 IN Covid-19, Economic policy by Admin
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.
A trap long set
POSTED ON: July 19, 2020 IN Economic policy, Political economy by Admin
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.
Implementation is key to B4SA’s economic recovery plan
POSTED ON: July 15, 2020 IN Covid-19, Economic policy by Admin
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.
Business could mobilise its balance sheet if the state were an enabler
POSTED ON: July 14, 2020 IN Covid-19, Economic policy, Political economy by Admin
By Busi Mavuso
With alcohol sales locked down again, South Africa needs to make the economic recovery as urgent as our health response.
We need to provide hope
POSTED ON: July 2, 2020 IN Economic policy, Infrastructure, Latest news, Political economy by Admin
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.
Actually, not all government debt is bad
POSTED ON: June 30, 2020 IN Covid-19, Economic policy, Political economy by Admin
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.
BLSA CEO’s weekly – 29 June
POSTED ON: June 29, 2020 IN Covid-19, Economic policy, Latest news, Political economy by Admin
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.
