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James Meade, the British recipient of the Nobel Prize in economics, reported in 1961 that Mauritius faced a bleak future. The country was reliant on a single crop (sugar), subject to weather and price shocks, threatened by overpopulation, had no …
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According to the World Bank’s South Africa Economic Update (Edition 13) titled ‘Building Back Better from Covid-19 with a Special Focus on Jobs,’ the pandemic has exposed long-standing structural weaknesses in the South African economy. These have progressively …
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We frequently come across the term “inflation.” In March 2020, we saw governments and central planners around the world shut down the economy in response to the global pandemic. This was subsequently followed by a global recession, with 3 million …
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As the world hopefully heads out of the COVID-19 lockdowns, trade and the shipping of more goods should continue to increase, as logistics bottlenecks start to ease and fiscal stimuli from major trading nations in the developed world continue to …
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In recent weeks, the South African Post Office (SAPO) has been in the news after it instituted legal proceedings against courier companies like PostNet and the South African Express Parcel Association, trying to bar them from delivering packages that are …
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This might come as a surprise to many in the government, but it is its own ideological and concomitant policy choices over many years that have left it “teetering on a fiscal cliff” (“Government is broke, says minister in …
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Living in a country where only 7% of the population are graduates, it is embarrassing for a government to admit that they cannot help further educate and empower the rest of the population.
When a product is increasingly inaccessible and …
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While much has been written about the advent of the black middle class (however difficult it may be to define) since 1994, not much attention has been paid to how South Africa’s vulnerable middle class or working class may have …
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Reports of alleged corruption plaguing the Government Employees Medical Scheme (GEMS) – one of the vehicles being touted to administer the National Health Insurance (NHI) – should not come as a surprise. The Free Market Foundation (FMF) notes with concern …
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I have said and written much about the Expropriation Bill of 2020, which will likely become the Expropriation Act of 2021 sometime this year. In this article I would like to focus on one particularly troubling aspect of the proposed …
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