Tag Archiveseconomics

IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

BUDGET 2019: GDP growth revised down

Finance Minister Tito Mboweni today tabled the 2019 Budget, revising South Africa’s GDP growth forecast for 2019 to 1.5 per cent, from an estimated 1.7 per cent at the time of the 2018 medium-term budget policy statement (MTBPS).  (more…)

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Dr B Muchara

Budget 2019 must articulate practicalities of SONA intent

Dr Binganidzo Muchara of Unisa’s Graduate School of Business Leadership President Cyril Ramaphosa’s State of the Nation Address (SONA) had the theme, “Following up on our commitments. Making your Future Work Better.” In preparing to give the address, President Ramaphosa’s objectives would have been twofold: firstly, to appeal to business and the investment community which […]

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Ben-Bierman

More realistic state of ‘Ramaphoria’ expected in 2019 Budget Speech

This time last year, following the election of President Cyril Ramaphosa, South Africa was on the cusp of a widespread optimistic rapture that has subsequently been coined “Ramaphoria”. While it is probably fair to say that not all expectations were met in the past year, it is also necessary to acknowledge that the country’s macroeconomic […]

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More realistic state of ‘Ramaphoria’ expected in 2019 Budget Speech

More realistic state of ‘Ramaphoria’ expected in 2019 Budget Speech

This time last year, following the election of President Cyril Ramaphosa, South Africa was on the cusp of a widespread optimistic rapture that has subsequently been coined “Ramaphoria”. While it is probably fair to say that not all expectations were met in the past year, it is also necessary to acknowledge that the country’s macroeconomic […]

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corruption

Corruption Watch files delinquency application in bid to hold Eskom board members accountable

Corruption Watch, in the wake of  what it has called ‘longstanding poor governance’ at Eskom, has launched an application in the High Court in Pretoria, to have former Eskom board members declared delinquent. In a statement, Corruption Watch says that the application, which is brought in the public interest in terms of section 157(1)(c) of […]

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Donald Trump and trade with Africa

Policy uncertainty, slower growth may present investors with opportunity

By Kathy Davey, head of equity research at Ashburton Investments.  As global politicians, businessmen and academics gather in Davos for this year’s World Economic Forum (WEF), our expectation is that the current uncertainty with respect to global growth will be a hotly debated topic.  (more…)

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Eskom logo lrg

‘Eskom can’t fix systemic problems by hiking tariffs’

  The Organisation Undoing Tax Abuse (OUTA) says it has submitted objections to Eskom’s requested price increases to the National Energy Regulator (NERSA). (more…)

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Ian Matthews, Head of Business Development at Bravura

How the private sector can step up to Ramaphosa’s challenge for public private partnerships

Over the last few weeks, President Cyril Ramaphosa said repeatedly that the private sector is invited to enter into meaningful partnerships with government in establishing an Infrastructure Fund, notes Ian Matthews, head of business development at Bravura. (more…)

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