While President Cyril Ramphosa’s fourth State of the Nation Address (SONA) was once again filled with ambitious plans, many continue to question the practicality of its implementation. In a colourful event on Thursday evening, not short of drama, Ramaphosa outlined his vision for South Africa’s future. Aside from the professional[…]
President Cyril Ramaphosa has admitted that government will not be able to fix South Africa’s economic woes on its own. This comes as the country faces possible downgrades due to low economic growth, a growing debt burden and upward revision of the fiscal deficit. In November last year, ratings[…]
As workers trickle back to the cities, some of their jobs may noSichuan, China: Fighting a war on two fronts is never easy. But that is the situation facing China’s government: It is trying to contain the country’s worst viral epidemic in 17 years, while also attempting to prevent its[…]
President Cyril Ramaphosa must be brave enough to give a real diagnosis of South Africa when he delivers his State of the Nation Address on Thursday evening, several economists agreed. Ramphosa’s fourth address – since taking over the presidency in February 2018 – comes as the economy continues to limp[…]
The cumulative cost of load shedding to South Africa’s economy in 2019 was between R59bn and R118bn, according to a new presentation by the Council for Scientific and Industrial Research. This presentation was developed by CSIR principal engineer Jarrad Wright and senior engineer Joanne Calitz. The CSIR is a non-partisan[…]
With the festive season behind us and common mantra of ‘the new year, new me’ in full swing, economists believe that for South Africa’s economy it won’t be that simple. With government battling to the keep economy afloat, and the World bank projecting an even lower growth than anticipated for[…]
By Shakira Thebus Due to several threats facing the oceanic environment, an alternative form of livelihood and income will be offered through entrepreneurial and skills development as well as technical training. This week saw the official launch of the Ocean View Alternative Livelihoods Cooperative (OVAL), an initiative spearheaded by the[…]
The Cape Town International Convention Centre was abuzz with activity on Monday for the start of Africa Halal Week 2019 which runs until the 9 October. Delegates from various halal sectors are gathering in Cape Town for the second year, showcasing inspiring opportunities presented by the Halal market on the[…]
“South Africa has one of the world’s highest youth unemployment rates and promoting entrepreneurship among young people is the antidote to poverty in our country,” declares Shaakira Rahiman-Saleh boldly. Rahiman-Saleh is the spokesperson for the annual Young Business Achiever Awards (YBAA) which aims to recognize, reward and promote young entrepreneurs[…]
South African taxpayers are among the highly taxed in the world – and it could get worse. Economists say we will most likely see an increase in personal tax and the fuel levy, as government tries to ramp up tax collection. They say government is running out of options to[…]
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