On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
Chinese companies are the big winners in brand values ranking
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
Reading through the National Treasury’s meticulous budget documents, the contrast between the state of the nation (Sona) and the budget is very apparent.
Sona is the aspirational shopping list given by the president to the finance minister. The budget is what is actually in the trolley when the minister leaves the shop. The president can announce whatever he likes, but until it manifests in the budget, it remains in the collective dreamscape of the ANC.
So it should come as no surprise that this was not a Sona budget but an Eskom one. In a context of low growth and imminent catastrophe, there is only so much that can be done. If you can’t keep the lights on, nothing else matters anyway.
When it comes to basic education, this was a "business as usual" budget. Most of the headline-grabbing Sona pronouncements were conveniently left out. There was no mention of "one tablet per child" and nothing about two years of compulsory early childhood development.
That’s a relief. There is no evi...
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.