foreign currency

JUST PROFIT NOT JUST TRANSITION

JUST PROFIT NOT JUST TRANSITION

by | May 12, 2023

IN THE SPACE OF A YEAR AND A HALF, South Africa has agreed to borrow billions of rand in foreign currency. This is for a programme of economic restructuring on the basis of a Just Energy Transition Investment Plan (JET-IP). Unions and civil society have been...

read more

Can Nationalisation Be Done?

by | Aug 25, 2010

The government can’t simply buy the mining industry. That would ruin the state. A price of R2 trillion has been circulating as a rough estimate. This amounts to more than three times the entire state budget that is three years of total state expenditures. The only...

read more