Tag: social development

Austerity does not need to mean suffering. Cutting public spending is urgent to address South Africa’s growing debt. Delaying cuts will only worsen debt and interest payments, making future cuts more severe. Reducing spending needn’t harm South Africans, as many wasteful expenses can be removed. In 2023, the Democratic Alliance (DA) estimated that the African National Congress (ANC)-led departments wasted around R40 billion in 2022/23 alone.

The formation of South Africa’s new Government of National Unity (GNU) bodes well for the consolidation of state reform and pro-growth initiatives, including better performing parastatals, such as Eskom and Transnet. Given that economic growth is essential to spur social development, I believe now is the time to act.

It is important to have a clear understanding of what transformational leadership is before we explore the topic. By definition, it is a leadership style that goes beyond traditional management practices which involves inspiring and motivating followers to achieve their full potential, challenging the status quo, and driving meaningful change within the organisation.

Rhoda Kadalie was born in 1953 in District Six, Cape Town, and became a pioneering feminist within the anti-apartheid movement, as well as the most prominent critic of the post-apartheid government.

Some societies are better able than others to withstand adverse weather events such as droughts and storms, and even earthquakes, with fewer deaths and less economic and social disruption. Such societies also seem to have less crime, greater social cohesion, and greater economic optimism.

In March this year, in a much-publicised interview (Neal Froneman gets frank about the lows, and highs, of doing business in South Africa), Sibanye-Stillwater CEO Neal Froneman heavily criticised the state of South Africa’s economy and government, citing a lack of leadership.

Intellectual property (IP) created at universities can contribute to economic and social development and can support entrepreneurs in generating income through innovative business ideas. Innovation arising out of university research constitutes a rich source of IP.

Sustainable finance could help drive Africa’s recovery from COVID-19 while also incentivising much-needed investments in the green economy and social development. The global pandemic has set back the continent’s growth and demanded new approaches to economic development.

This year, we celebrate 35 years of changing the hearts of South Africa’s inner-city communities, bringing hope and driving sustainable impact to the communities we serve. In celebration, we will host a global webinar on 1 June 2021 from 15:00 SAST. The webinar will provide an online platform to share the wider MES story with a global audience.

Address by President Cyril Ramaphosa to the Joint Sitting of Parliament on South Africa's Economic Reconstruction and Recovery Plan.