×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

At the intersection where economics meets economic policy we traditionally speak of prices, cyclical or countercyclical policies, business cycles and so forth. While South Africans may have become inured to state capture, the concept of capture and its attendant methods are highly nuanced. There are, however, several forms of capture that can, and indeed do, influence policies, that we have to discuss.

Institutional capture as part of the larger process of state capture has been attempted at the National Treasury (with Des van Rooyen and Malusi Gigaba). Nevertheless, the Treasury has remained relatively free from institutional capture by rent-seeking miscreants and malcontents. It, and the SA Reserve Bank, have stuck to their mandates and, whether you like it and agree with it or not, the country’s finances have been handled prudently...

BL Premium

This article is reserved for our subscribers.

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 helpdesk@businesslive.co.za 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.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.