Economics RSS feed for this section

Tumisho Grater

Will Ramaphosa be the turning point South Africa needs?

By Tumisho Grater, economic strategist, Novare. After much anticipation, ultimatums and postponements, South Africa survived a very eventful and challenging week. The newly sworn-in President, Cyril Ramaphosa, took to the podium for his first State of the Nation Address (SONA) on Friday night and the change in leadership introduced a sense of renewed hope in the future […]

Read full story
Former President Jacob Zuma

Shown the door, Zuma steps out

President Jacob Zuma resigned with immediate effect on 14 February, after the ANC decided to proceed with a no-confidence vote against him. Cyril Ramaphosa will become acting president and the National Assembly has 30 days to choose a replacement for Zuma. Ramaphosa will likely be elected in a permanent capacity and will deliver the State […]

Read full story

What a truly ‘radical’ SONA would sound like

Today’s State of the Nation Address will be a critical indicator of the prospects of the optimism generated by Cyril Ramaphosa’s ascendancy being turned into real improvements in the lives of people. The key issue is what SONA will reveal about the policy direction that South Africa will take. (more…)

Read full story
Cyril Ramaphosa (pic: Russell Roberts)

Economists’ wish list for tomorrow’s SONA

  President Cyril Ramaphosa will deliver his maiden State of the Nation Address (SONA) on 16 February 2018. The annual speech kicks off the Parliamentary year and focuses on the country’s current political and economic situation. Regarding the latter, South Africa experienced deteriorating economic conditions during 2014-2017, and there is great hope for an improvement […]

Read full story

Zuma resignation brings hope: Nedbank

A defiant President Jacob Zuma finally resigned late last night after more than a month of behind the scenes moves to effect political change. His announcement came after the NEC formally recalled him on Tuesday and just hours before a motion of no confidence was due to be held in the National Assembly. “The eleventh‐hour […]

Read full story

SA after Zuma:ANC must step up

One sorry chapter in the recent history of South African politics has thankfully come to an end with the resignation on Wednesday night, February 14, of President Jacob Zuma, says Gary van Staden, analyst at NKC African Economics. “While the bane of the countless talking heads will continue to pollute the political environment for some time, […]

Read full story

SACCI welcomes Zuma’s resignation

The South African Chamber of Commerce and Industry (SACCI), has welcomed Jacob Zuma’s resignation. (more…)

Read full story
Prof Raymond Parsons

Zuma’s resignation paves way for better economic prospects for SA

“The resignation of President Jacob Zuma and the expected accession of Deputy President Cyril Ramaphosa to the Presidency of SA now paves way for better economic prospects for SA,” says Professor Raymond Parsons of the NWU School of Business andGovernance. “It marks the end of a period of political and policy uncertainty in which SA […]

Read full story