Businesses collaborate with govt to mitigate Covid-19 impact


POSTED ON: March 24, 2020 IN by Admin

Interventions by governments and monetary authorities around the world have been dramatic in response to Covid-19 – reminiscent of war times.

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BUSI MAVUSO: Moody’s downgrade or not, SA must press on with structural reform


POSTED ON: IN , by Admin

By Busi Mavuso

SA needs to implement structural reforms, which will imbue the state with credibility at a time when it will count the most as investors settle into a post-coronavirus world.

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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 BUDGET: “SUBSTANCE OVER BLUSTER”


POSTED ON: February 25, 2020 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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Urgent implementation required on positive Sona messages


POSTED ON: February 19, 2020 IN , , , by Admin

President Cyril Ramaphosa gave a positive SONA 2020 with some real plans to deal with our economic problems. The challenge is implementation.

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Much work ahead


POSTED ON: November 1, 2019 IN , by Admin

Recovery should kick off with allowing state-owned enterprises to be run like businesses

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The challenges are clear; working together we can turn things around


POSTED ON: October 30, 2019 IN by Admin

The MTBPS has brought home how serious our financial predicament is. All social partners, including business, labour and civil society will have to work together to turn around what has become an entrenched low growth trend. BLSA is ready to play its part in developing the solutions needed to put South Africa back onto a growth path that will deliver our people a better future, free of poverty.

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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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Reserve Bank nationalisation: a political debate that won’t die


POSTED ON: October 18, 2019 IN , , by Admin

The loss of unambiguous independence of the bank in its oversight of financial stability would potentially put South Africa at odds with international obligations and risk its continued access to the global financial system. SA is highly dependent on foreign capital inflows to finance its budget and current account deficits.

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Prescribed assets? There are more productive options to spur growth


POSTED ON: October 16, 2019 IN by Admin

Prescribed assets primarily will divert savings from the private sector to the public sector, reducing private sector investment. It is also a challenge to the principle of property rights, effectively expropriating the savings of a certain segment of the public.

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