Tax dodgers in the firing line
The South African Revenue Service (SARS) has warned tax dodgers they will face prosecution and other dire consequences for not submitting returns or defrauding...
The US economy likely just entered its longest ever expansion –...
The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nation’s history, assuming the...
Carbon tax revenues could be harnessed to help South Africa’s poor
Climate change needs urgent action by all countries, and by all means. All countries agreed in the Paris Agreement to keep temperature “well below...
Policy uncertainty depreciated Rand in first quarter – SARB report
The Rand depreciated in the aftermath of the national elections due to policy uncertainty and the larger-than-expected contraction in the domestic economy in the...
Lender helps Denel pay full salaries
Public Enterprises Minister Pravin Gordhan says after Denel announced that employees would only receive 85% of their salaries due to financial constraints, a lender...
Data fails to capture complexity of South Africa’s unemployment crisis
It’s been 25 years since democracy dawned in South Africa. But apartheid’s legacies still scar the country. Poverty remains high; inequality remains extreme –...
Why credit rating agencies are still getting away with bad behaviour
International credit rating agencies have had their fair share of controversies over the years. They have been at the centre of the major financial...
People have skewed views on inflation. Why this matters
Countries that use an inflation target to anchor monetary policy pay considerable attention to expectations of future inflation.
South Africa is a case in point....
South Africa’s creditworthiness and downgrading
South Africa's economists are probably learning a hard economic lesson. Once a rating company questions a country's creditworthiness and there is a downgrade, it's...
Stronger laws can keep politicians from meddling in financial decisions
For governments to function optimally, there must be a good relationship between politicians and administrators. This “political-administrative interface” is a key theme of public...
Ramaphosa’s critical choices to get South Africa back on track
South Africa’s economy is in dire straits. Unemployment has reached a 15-year high of 27.6%. And in the first quarter of this year GDP...
Italy must leave the Eurozone
Italy must return to the lira because joining the euro has been disastrous and sticking with it would be suicidal.
Italy joined the eurozone...
