Tag: political

Standard Bank CEO Sim Tshabalala recently suggested that Eskom should consider hiring an international candidate to succeed its outgoing CEO, André de Ruyter. Although Mr. Tshabalala is trying to be helpful, his suggestion misses the mark. A foreign appointee – no matter how capable or qualified – will not be able to fix the mess at Eskom. Another South African in the post won’t succeed either.

Nationalisation of property, inefficient State-owned enterprises, raising the legal drinking age from 18 to 21, and higher taxes in a low-growth environment. These ideas have all been tried elsewhere. And they have failed consistently, with few exceptions.

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 in economic growth during 2018 under the new administration.

By Jacques Pauw Those keeping Zuma in power and out of prison Investigative journalist Jacques Pauw exposes the darkest secret at the heart of Jacob Zuma’s...

South Africans are angry! South Africans are hungry for justice! As a society, we have had to endure a significant amount of frustration at the lack...

When things look their bleakest is when mighty business empires are formed. When the headlines are full of #GuptaLeaks, credit rating agencies, US President Donald...

Economic growth is a constant mantra of politicians, economists and the media. Few understand what it is, but they love and follow it blindly....

Lullu Krugel, Chief Economist at KPMG in South Africa, shares insight on how South Africa will get out of recession and to turn around the non-investment grade position, the country must embrace transparency and change in leadership and direction.

Imagine that you woke up this morning to the news that Jacob Zuma and Donald Trump had both just announced their resignations as President and that Robert Mugabe has been declared unfit to lead Zimbabwe! Now think of who you would choose to lead? More importantly, what qualities should the next leader have?

Political uncertainty globally will have ripple effects on Africa, primarily through impacts on commodity prices and global economic sentiment. While the early months of 2017 have seen improved prices for the commodities on which many southern African economies rely, longer term economic sentiment is more mixed. Meanwhile, governance improvements and the embedding of democratic practices and norms will be tested by pockets of instability as succession battles take place across the region.