Reality bites with IMF loan


POSTED ON: July 29, 2020 IN , , 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.

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Interview: SA’s problems precede the virus


POSTED ON: July 20, 2020 IN , 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.

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A trap long set


POSTED ON: July 19, 2020 IN , 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.

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Implementation is key to B4SA’s economic recovery plan


POSTED ON: July 15, 2020 IN , 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.

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Business could mobilise its balance sheet if the state were an enabler


POSTED ON: July 14, 2020 IN , , 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.

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We need to provide hope


POSTED ON: July 2, 2020 IN , , , 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.

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Actually, not all government debt is bad


POSTED ON: June 30, 2020 IN , , 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.

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BLSA CEO’s weekly – 29 June


POSTED ON: June 29, 2020 IN , , , 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.

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SA runs the real risk of a sovereign debt crisis in about three years


POSTED ON: June 25, 2020 IN , , , by Admin

By Busi Mavuso

SA runs the real risk of a sovereign debt crisis in about three years, which will feed into all our major corporations and our banking sector that managed to successfully navigate the global financial sector crash of 2008.

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BLSA reacts to the supplementary budget


POSTED ON: June 24, 2020 IN , by Admin

We congratulate Tito Mboweni for tackling the key question in the supplementary budget of whether we continue a decline or start a process of renewal.

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