The economic crisis that has shaken the world may have started in Wall Street but it has been made much worse by the actions of both the European institutions and European member states. Much of the so-called debt crisis was caused not by states spending too much, but...
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?...
Press statement from AIDC, 14 September 2011 Arguing for cutting workers’ wages, Adcorp and Centre for Development and Enterprise (CDE) mislead media and the public. The Centre for Development and Enterprise (CDE) and the labour broker Adcorp continue to argue...
Last week, the Reserve Bank (SARB) issued its latest Quarterly Bulletin. It covers economic development in South Africa up to June 2011 and economic prospects for the coming period, as the SARB views it. As usual, the bank also discussed developments in labour...
May brought home to the world evidence of the popular rejection of the irrational pursuit of austerity amidst recession in Europe and elsewhere. One telling signal was the victory of Francois Hollande in the French Presidential run-off, making this the first...
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