South Africa doesn’t need more debt. It needs more investment.
Government cannot build prosperity on borrowed money alone This week, South Africa welcomed the announcement of substantial World Bank financing for long-overdue... Read more.
How many more shocks can this country absorb?
It is rarely one event that changes an economy. It is the accumulation of many smaller shocks arriving at the same time. That is precisely where South Africa finds... Read more.
The world is uncertain. South Africa cannot afford to be
Just days ago, global markets were breathing a collective sigh of relief. The prospect of a ceasefire in the Middle East had lifted confidence. Crude oil prices... Read more.
We don’t need new ideas; we need courage to copy success
Economists have an unfortunate habit of making economic growth sound complicated. It isn’t. The blueprint has been written. Over the past three decades, countries... Read more.
Talk is cheap, growth isn’t
President Cyril Ramaphosa might have delivered one of his most important economic speeches in years at this week’s 9th Southern African Customs Union (Sacu) Summit.... Read more.
World economy steps back from the brink, bringing relief to households
Crude oil fell to a two-month low this week. For South Africa, that is potentially the best economic news we have received in months. After weeks of conflict in... Read more.
A good week for South Africa – but a timely warning
This past week offered South Africans both encouragement and caution. On the positive side, improved credit outlooks, capital inflows into the bond market and a... Read more.
SA not officially in recession, but the warning signs are flashing
South Africa may not officially be in recession, but an increasing number of economic indicators are beginning to point toward conditions commonly associated with... Read more.
Can Johannesburg become the country’s much-needed economic wake-up call?
Can the growing crisis around Johannesburg’s finances and revenue management finally become the moment that forces South Africa’s leadership to confront the... Read more.
Are we fighting inflation or killing growth?
Crude oil has spiked sharply again on renewed fears of escalating military activity in Iran. At the same time, the rand is trending weaker against the dollar,... Read more.
