Extraordinary times: Patel on phased approach to reopening the economy


POSTED ON: April 22, 2020 IN , , , by Admin

Trade and industry minister Ebrahim Patel briefs business on government’s risk-adjusted strategy in reopening the economy.

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Health-friendly economic recovery plan is urgently needed


POSTED ON: April 21, 2020 IN , , , by Admin

By Busi Mavuso

There’s a lot riding on the solutions that the cabinet proposes to recast the economy for much-needed growth.

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BUSI MAVUSO: Lockdown extension was always on the cards, but a further one is frightening


POSTED ON: April 14, 2020 IN , , by Admin

By Busi Mavuso

The two-week extension of the lockdown is like taking a punch to the gut, but we need to consider the ramifications. Economists are penciling a deeper GDP contraction this year of -9.7%.

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A deepening job crisis looms


POSTED ON: April 2, 2020 IN by Admin

By Busi Mavso

As a result of the coronavirus pandemic and the lockdowns it has triggered locally and internationally, some estimates say as many as 1.1 million jobs are at risk in SA.

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Lockdown, the only intervention …


POSTED ON: March 26, 2020 IN , , by Admin

By Busi Mavuso

Tonight we head into a first in South Africa’s young history, with the entire population being placed under lockdown for our greater good.

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Bold leadership is required to end SA’s jobs crisis


POSTED ON: February 20, 2020 IN by Admin

The dual catastrophes of South Africa’s unemployment and economic growth situations can only be met by leadership with a will to make the right but perhaps politically less palatable choices.

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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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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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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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