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Egyptians immediately recognised vivid symbolism few others understood in the soccer riot that broke out recently in the coastal city of Port Said. First, the killing of 74 Ultras, fans of the Cairo team Al-Ahly, occurred on the 1 February one-year anniversary of the...
How is it possible for Finance Minister Pravin Gordhan to roll out a huge infrastructure programme requiring billions of rand and to slash the budget deficit (the proportion of government spending to GDP) from ––4.6% to –3% over three years without increasing taxes?...
The release of the Green Paper on National Health Insurance (NHI) has rekindled the heated debate around reforming South Africa’s health system. After a decade of denialism and neglect in the public health sector, it is evident that health is in a state of crisis and...
The economic storm triggered by the 2008 financial crash in the USA and Europe led to the loss of more than one million jobs in South Africa. Today we know that the crisis never really abated.How could it? Claims for hefty profits, wheedled through strange and complex...
ABSTRACT: In Greece and other countries of the Eurozone there are a number of misconceptions about the debt crisis. I argue against seven of such misconceptions (or, myths) about the effects of default, the primary cause of the crisis, the likely effects of an exit...
The survivors of one of the worst genocides in modern history are fast losing hope that they will ever be compensated. ALMOST two decades after the genocide in Rwanda, in which up to 1 million people died, hundreds of thousands of survivors are still waiting for...
The Occupy Wall Street movement has captured much the nation’s attention with a clear message: A U.S. economy driven by the interests of business and the wealthy has generated increasingly unequal economic outcomes where the top 1 percent did exceptionally well but...
By Dick ForslundA recent report to South African Cities Network shows how much of incomes households pay in property rates water and electricity supply, and solid waste and sanitation. Low income households pay 10 to 20 percentage points more of their total incomes to...