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[Opinion] Beyond the supplementary budget: how the South African government will respond to its worsening economic and fiscal position
Frans Cronje and David Ansara discuss how SA govt will respond to its worsening economic and fiscal position.
[Opinion] Brexit scenarios: Events, dear boy, events
CRA Analyst, Hermann Pretorius, shares his thoughts on six scenarios for Brexit under new PM, Boris Johnson. This analysis was adapted from the CRA’s Strategic Intelligence Report which details trends and potential scenarios for the domestic and international political economy. This and other reports are available exclusively to CRA subscribers.
[Opinion] If Ramaphosa wants major growth, he'll need to drive major reforms
South Africa’s low levels of growth and investment are a consequence of an inhibiting policy environment, and it is up to President Cyril Ramaphosa to drive the reforms necessary to remove obstacles to growth, argues CRA COO, David Ansara.
[Opinion] Open for business? How SMMEs in South Africa can thrive
Small, medium, and micro enterprises (SMMEs) have the potential to drive economic growth and employment in South Africa. However, this potential is not being realised.
[Opinion] Open the economy, but lock down the schools
If you want a petri dish and distribution network to accelerate the Covid-19 pandemic through South Africa’s towns and cities, then schools are it, writes Frans Cronje.
[Opinion] Budget bottom line: SA is living on borrowed time
Finance Minister Tito Mboweni and the government he serves are increasingly living on borrowed time. In the absence of growth-enhancing policy reforms and fiscal prudence, South Africa remains vulnerable to an external shock.
[Opinion] Business closures herald a looming disaster
Company liquidations and employee retrenchments are a stark reminder of the extensive and continuing impact on economic activity of the Covid-19 pandemic and the resultant lockdown.
[Opinion] Class inequality a growing concern in SA
There is growing evidence that the biggest issue facing South Africa is not racial inequality, but rather class and geographical inequality.
[Opinion] Falling consumption spells disaster for economy
Consumers in South Africa are under enormous pressure and anyone who is concerned about the economy should pay close attention to consumer behaviour during the Covid-19 pandemic.
[Opinion] Households owe SA municipalities over R100 billion
Households owe municipalities billions of Rands in unpaid municipal bills, posing a threat to the continuation of basic service delivery.
[Opinion] Lack of medical cover a significant financial risk.
The majority of South Africans are living without medical aid, posing significant personal financial risks.
[Opinion] Life expectancy in SA likely to fall as living standards deteriorate
There is a risk that South Africa’s life expectancy which is the average period that a person may expect to live, may fall from the current levels which are comparable to those of emerging markets.
[Opinion] Major declines for all income groups during lockdown
Covid-19 and the nationwide lockdown have severely impacted every income group in South Africa, with not even the richest cohort being spared the effects of shutting down the country.
[Opinion] New Expropriation Bill a sign that the ANC’s days are numbered
With the government budget deficit expected to pass 40% this year, the African National Congress’s (ANC) options to source the coal needed to fuel its gravy train are dwindling. There should be little doubt that the new expropriation law is intended to make up for this insufficiency.
[Opinion] NHI could trigger skills exit
The proposed National Health Insurance (NHI) is likely to see a skills exodus from the health sector.
[Opinion] Privatisation necessary to save SAA
Operations and jobs will remain at risk if state-owned South African Airways (SAA) is not privatised.
[Opinion] Risks – and opportunities – for SA in 2022
22 January 2022 - What does 2022 hold for South Africa? We continue to consider the country to be in an exceptionally fragile state both politically and economically.
[Opinion] SA needs more jobs - not social grant beneficiaries
Rather than creating wealth, South Africa has been stuck for the past decade in redistributing existing wealth.
[Opinion] SA’s middle class taking strain
Key indicators reveal the impact of South Africa’s economic crisis on the middle class.
[Opinion] Save Stats SA
The slow crippling of Stats SA through budget cuts and understaffing constitutes more than a threat to one institution. It stands to pull the rug out from under SA’s ability to formulate effective policy
[Opinion] South Africa’s departing elites: a critical warning sign
The past decade has seen a rapid decline in the number of dollar millionaires living in South Africa.
[Opinion] Stats SA's poverty survey is Covid-19's latest victim - and we can't afford to lose it
Much has been said these past few months about 'essential' services. Some activities have to happen for the basics of life to proceed. This idea has been central to the conversation around the immediate goal of restricting the spread of the Covid-19 virus; but it is a useful guide to so much more.
[Opinion] The Economics Underpinning South Africa’s Riots
It has been labelled as South Africa’s worst episode of civil unrest since the days of apartheid. The rioting that occurred following the imprisonment of former President Jacob Zuma for contempt of court on July 7—specifically, for failing to show up for an official inquiry into his alleged corruption during his nine-year presidency—has been among the darkest chapters in the country’s recent history.
[Opinion] The Invisibles: South Africa’s growing underclass
Poor people with little education and no work, and who generally live under difficult conditions, find themselves relying on state support, while being unable to occupy centre stage in public discourse. They are the underclass — often neglected and ‘invisible’ — yet increasingly, they are becoming a potential source of unrest.
[Opinion] Unrealistic approach to investment conference
Expectations abound within the government (and apparently among observers too) that this week’s investment conference will help to attract the flow of capital without which SA’s future cannot be assured. Is this realistic?
