South Africa’s current inflation targeting regime, rooted in a liberalised financial framework, has failed to address the country’s core development challenges.
Reject inflation targeting: create jobs
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Enoch Godongwana
Treasury’s Operation Vulindlela is privatisation of the South African state
Today’s fight over the fiscal framework and revenue proposals is not a technical disagreement—it is a battle over the soul of the post-apartheid state.
Climate sanctions against fossil-addicted capitalists
South Africa gifts CO2 emitters $9400 billion in implicit annual subsidies, contrasted with the 2024 GDP of $403 billion.
Justifying exclusivity in the name of inclusivity (Part 2) – our modern Greek tragedy
Being part of a political economy notorious for its world-beating inequality and in a country where Africans are 80% of the population, guarantees that most Africans will be poor. This is Part 2 in a two-part series.
The exclusivity of inclusive growth (Part 1) — to those that hath shall always be given
The neoliberal ideologues and their economic hatchet people still persist with the fiction of markets being level playing fields. Worse still, is that most of us believe them. This is Part 1 in a two-part series.
The fake “7.5%” public servants wage increase and the game of smoke and mirrors
AS THE AUSTERITY trajectory of the Treasury continues downward, tricks and deception have become the order of the day. All to deceive public sector workers about the real amount of their pay “increase”. Nehawu, Popcru, Denosa, Sapu and others went on strike for one...
Op-Ed: Sensationalising isolated incidents in the health sector strike trivialises workers’ very legitimate demands
This article has been jointly published with Daily Maverick. Let us not forget that the public sector strikers are workers who have come off a year of zero increase. They have effectively taken a wage cut two years in a row, a loss of nearly 10% of their buying power....