leadership | SA’s

SA’s leadership vacuum post Mandela, de Klerk – Majozi

In an interview with BizNews founder Alec Hogg, former CEO of AngloGold Ashanti Bobby Godsell remarked that South Africa is “cursed with our problems, but blessed with our people”. It’s true, the country is plagued with myriad problems, from load shedding and mass unemployment to government corruption and ineffective leadership. With the recent death of…

No hope for SA’s health system? Budget offers no relief
Health | SA’s

No hope for SA’s health system? Budget offers no relief

Expectations were set high before South Africa’s 2021 MTBPS. However, more of the same narrative was delivered. As a result of the state of the country, expectations were high with regard to relieving poverty and inequality. Again, those expectations were not met. It is a known fact that budgets on their own are not the…

SA’s exorbitant tax burden is grossly out of line with the rest of Africa
exorbitant | SA’s

SA’s exorbitant tax burden is grossly out of line with the rest of Africa

The issue of brain drain in South Africa has rapidly accelerated over the last few years. The resultant erosion of our country’s skill base poses a serious threat to the economic recovery of South Africa. What makes this reality even more sobering is the fact that skilled South Africans are departing the country despite the onerous pension…

numbers | SA’s

SA’s GDP numbers come out better than expected, but still below pre-Covid levels

Stats SA released the country’s quarter two GDP figures, which came out better than expected – beating estimates, despite economic activity still below pre-Covid levels. The onset of the coronavirus pandemic and the ensuing lockdowns saw South Africa’s second largest economic contraction on record, with analysts stating that it may take the country till 2024…

SA’s latest crime stats are “eye-watering,” but need to be put into context – Anine Kriegler
Latest | SA’s

SA’s latest crime stats are “eye-watering,” but need to be put into context – Anine Kriegler

South Africa’s latest crime statistics show some deeply worrying data – “double digit” increases compared to last year. While the country, sadly, has the reputation of being one of the most dangerous and crime-riddled places in the world, Anine Kriegler says this spike in the crime numbers needs to be put into context. “There were…

SA’s unemployment numbers don’t take informal sector into account – GG Alcock
SA’s | Unemployment

SA’s unemployment numbers don’t take informal sector into account – GG Alcock

GG Alcock joined the BizNews Power Hour, on the day after the unemployment data for South Africa were released. The figures showed horrific numbers, but Alcock provides some context on the numbers – and the way they’re put together. The author of “Kasinomics: African Informal Economies and the People Who Inhabit Them” weighs in on…

SA’s in form fund manager talks MTN, Competition Commission and Exxaro – Piet Viljoen
manager | SA’s

SA’s in form fund manager talks MTN, Competition Commission and Exxaro – Piet Viljoen

One of South Africa’s in form fund managers and Thursday’s BizNews Power Hour regular co-host, Piet Viljoen is the man to talk too in the midst of reporting season on the JSE. MTN’s results, which is one of the largest holdings in the Counterpoint Value Fund, was well received by the market with the share…

“To | SA’s

“To give SA’s poor a chance, BEE needs to be scrapped and replaced” – John Endres

With one of the highest inequality rates in the world, South Africa has a long way to go if it is to properly address poverty, hunger and unemployment. As John Endres writes below, nearly half the adult population live on just R1 183 a month, while youth unemployment sits at an alarming 74.7%. People are…

SA’s ever-increasing social grants are one of the greatest risks to the country, says Capitec exec
ever-increasing | SA’s

SA’s ever-increasing social grants are one of the greatest risks to the country, says Capitec exec

By The Daily Friend The number of South Africans who receive social grants has increased prodigiously over the last 20 years, and this is one of the greatest risks to the country. This is according to Nkosana Mashiya who is an Executive Director and Head of Risk Management at Capitec Bank. This can be seen…

‘Mining | SA’s

‘Mining is SA’s get out of jail free card’ – Steven Nathan

Mining took centre stage in most of today’s discussion after our partners at Bloomberg reported that iconic South African mines are the ‘unlikely saviour’ to the ravaged South African economy. Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour as our regular Tuesday co-host to discuss, among other things, the record mining-company profits…