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?...
Just before last weekend’s meetings of the World Bank and International Monetary Fund (IMF) board in Washington, South Africa’s finance minister dropped us an obscure news item: “Gordhan concerned about rand volatility”(Reuters, April 16). Hidden away in the...
This budget takes one step forward, only to take two steps backwards. It is delivered in a deepening economic and social crisis. In our country, this is highlighted by desperate struggles for basic needs. We have seen this in Marikana and the mineworkers’ and...
How ironic that the attack on COSATU comes from within. Ironic but not unexpected. Supporters of the SACP/ANC faction in COSATU want to get rid of Vavi as he is too independent minded and too critical of Zuma and the government. He has been outspoken against the...
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPTReject
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.