Tag: social protection
Rising climate death toll in Africa underscores urgency for action
Last year was a year of climate carnage in Africa. At least 15,700 people lost their lives to extreme weather disasters, according to the latest report from Carbon Brief, while another 34 million have been affected.
2022 budget – reading between the lines
Budget 2022 was a ‘read between the lines’ event and should be interpreted with cautious optimism, we argue. Much weaker GDP inflation assumptions allowed the National Treasury to downplay future revenue collections, yet still bring the primary budget back into surplus a year earlier than originally planned, in line with our view.
China’s drive towards ‘common prosperity’ rattles the luxury goods sector
China’s transition towards 'common prosperity' will create some short to medium-term headwinds to the growth in luxury goods sales, but these should be more than offset by long-term, structural growth in the sector driven by an expanding middle-income cohort in China.
