Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
In energy matters, the government appears enslaved by ‘first world’ norms and standards
The accused were arrested as part of a Hawks operation to nab alleged instigators who incited public violence during looting and destruction in 2021
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Rushdie’s condition is not immediately known
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Tito Mboweni did not come up with concrete plans to lift the economy on to a higher growth path in his budget. This was a commonly held view of political party representatives approached for comment after the finance minister delivered his budget vote speech.
The move to curb the salaries of executives of state-owned enterprises (SOEs) was welcomed, but several party leaders believed this did not go far enough and the same should apply to senior government officials.
DA leader Mmusi Maimane declared the budget an “insanity” as it merely proposed to do more of the same in the hopes of achieving different outcomes. No economic plan had been presented to get SA out of the crisis it is in, he said.
“SA is in deep trouble and we should act boldly and take decisive action. There was no plan for SOEs except rhetoric,” Maimane said.
DA finance spokesman Alf Lees noted that for the first time post-1994 debt to GDP was predicted to breach the 60% level at 60.2% in 2023/2024. “This is the 10th...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.