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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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Emigrants leaving South Africa are causing Izak Smit of the Professional Provident Society some concern. The reason, according to BusinessTech, is “the loss of these workers will not only impact revenue collection but also job creation, as many of …
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The economic policies that a government chooses to implement have a material, lasting impact on the quality of life of its citizens. Where it is easier to create wealth, start businesses, get a job, and invest over the long-term, there …
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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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It’s the small crimes that bring you down. Al Capone went merrily on his murdering way until the FBI nailed him for tax evasion. Richard Nixon seemed immune to the consequences of lying about Vietnam, Cambodia and Chile but …
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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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South Africa has one of the highest youth unemployment rates in the world. A whopping 63% of its young people between the ages of 15 and 24 years are jobless. A large proportion of these young people have never worked …
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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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