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
Africa's largest start-up faces allegations of personnel harassment and money laundering
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
The writer is likely to lose an eye and has nerve damage in his arm and wounds to his liver
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Rushdie’s condition is not immediately known
SA entered a technical recession in the past quarter, after four years of slow and precarious growth.
The downturn has many causes, but one is obvious, entirely domestic and in theory fixable: state agencies that sometimes, it seems, can’t be bothered when something in the economy is going wrong.
Take Eskom’s resolve to shut off electricity to municipalities that fell far behind on their bills. This is a no-win solution: businesses and consumers are harmed, city revenues decline further, the economy takes a hit, and that means Eskom’s sales will fall further. A state agency is intentionally inflicting damage on the economy and society to cover its bills. Surely there’s a more constructive solution?
Eskom is mostly acting against declining Free State mining towns and former labour-sending regions. But in August, it announced shut-offs in Emfuleni, which owes Eskom R600m. This could block industrial development.
Emfuleni contributes 1.3% of SA’s population and GDP, but 2.4% of manufac...
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