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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Corruption is still rife


POSTED ON: July 27, 2020 IN , by Admin

By Busi Mavuso

President Cyril Ramaphosa’s address to the nation last week was focused on growing corruption around funds dedicated to our war against Covid-19. A sad state of affairs.

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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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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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Hard lockdown’s possible return


POSTED ON: July 9, 2020 IN , , by Admin

By Busi Mavuso

Better consultation between all stakeholders in the economy could help avoid some unnecessary pitfalls if SA has to revert to a hard lockdown.

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Fight against Covid-19 will be carried out by municipalities


POSTED ON: July 7, 2020 IN , by Admin

By Busi Mavuso

Amid evidence of maladministration and unauthorised expenditure, most municipalities are unable to cope with the Covid-19 pandemic.

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BLSA CEO’s weekly – 6 July 2020


POSTED ON: July 6, 2020 IN , , , by Admin

By Busi Mavuso

An important background issue to get right as we face the Covid-19 crisis is that business and government must work together, while understanding our different functions.

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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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