Markets remain concerned about the prospect of recession in the US and geopolitical risks with China
What is clear is that we need to grow the economy so everyone benefits.
Soldiers may only be deployed once ordered by Ramaphosa, who has to inform parliament first
Nomusa Dube-Ncube, Amanda Bani and Mbali Frazer were interviewed for the position of premier on Saturday
Strong SA demand and price increases helped group profit rise almost a quarter in its 2022 half year
Potentially disastrous effects of free inflow of dumped chicken leave small farmers at risk
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
Cairo-mediated truce comes after three days of violence which left at least 43 people dead
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
Comprehensive report shows one in eight people had lingering symptoms
Despite Health Minister Aaron Motsoaledi not wanting to commit to even a rough estimate of costs of the National Health Insurance (NHI) scheme, the failure thereof will be funding. This will include the lack of sufficient funding entering the fund and problems with payments from the fund.
The South African economic situation is dire. Policy initiatives that were announced without consulting National Treasury have given SA a one percentage point increase in the VAT rate to fund free higher education. Going as far back as the 1970s, 80% of first-year students historically never graduated, so this investment would amount to a R40bn annual loss. Economic growth is at a standstill and unemployment is skyrocketing, with further increases expected due to the implementation of a national minimum wage. In this environment it is truly shocking that the most important aspect of the NHI Bill, namely the money available for it, was brushed aside by Motsoaledi as not being his problem.
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