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For each day of cigarette ban, South Africa loses 1.5 community...

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It is unfortunate that President Cyril Ramaphosa did not use his 17 June announcement of modifications to South Africa’s level 3 lockdown as an opportunity to end the ill-considered ban on tobacco and related products. Appropriately, on the same day, Africa Check confirmed that the government is losing around R35 million per day in excise taxes for tobacco products.

We are in the same storm, but not in the same...

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We are living in unprecedented times and the COVID-19 pandemic is affecting everyone differently. The lockdown following the outbreak of the COVID-19 pandemic is resulting in significant financial strain. Many employers are unable to pay salaries or have been forced into a position where they can only pay reduced salaries.

PODCAST | Green New Deal can stimulate economic recovery and create...

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An interview with Barry Bredenkamp, General Manager Energy Efficiency, South African National Energy Development Institute (SANEDI), and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the Green New Deal (GND) and how harnessing its benefits can help grow the economy and create jobs in a post-COVID-19 world.

Revitalising and creating long term growth in the SA economy

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The South African economy, like many emerging and developing economies, has high levels of poverty. As with many such countries, there are three primary objectives to reducing poverty, unemployment and inequity. These three objectives take precedence over almost all other goals.

Zero-based and cash budgeting should both be adopted by government

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Finance minister Tito Mboweni favours zero-based budgeting, an approach that would weigh each expenditure item, each departmental budget, against government goals. The Minister has said that this would entail focusing on ‘infrastructure development and other growth-enhancing measures’ and come at the expense of those programmes considered wasteful in relative terms.

Supplementary Budget 2020 | SA Finance Minister Tito Mboweni’s Speech

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The Supplementary Budget 2020 was tabled to Parliament on 24 June 2020 by South African Finance Minister Tito Mboweni.

Treasury’s Special Budget is up against significant challenges

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On Wednesday, 24 June, Minister Mboweni will table a Special Adjustment Budget. This is an extraordinary event, precipitated by the effect of the COVID-19 outbreak that has caused so many deaths and ravaged great parts of the economy.

COVID-19 | Reset… Redefine, Refine, Rebuild …Restart!

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A pandemic has hit the World, causing every country to reset and take a step back, assess its strengths, weaknesses, areas in need of development, and importantly also those priorities which now do not seem to be that important.

How 2020 is changing the technological landscape

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The IT landscape in South Africa is facing some of its biggest shifts yet, and businesses must be ready to adapt accordingly. Adjusting to technological advancement will certainly bring new challenges in the form of security and compliance, but agile businesses that are ready to make the necessary changes will benefit greatly from this fast-changing dynamic.

Setting the stage for a new dawn

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As Shakespeare said: 'all the world's a stage, and all the men and women merely players.' Today, COVID-19 is the world's dominant player, and it is wreaking havoc.

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