Experts sound warning on govt's failure to deal with xenophobia
Experts said that the reluctance to deal with xenophobia and the South African public’s violent predisposition were enabling an environment which could result in far-right politics.
Economists sound warning on economic growth after SA dodges recession
On Tuesday, Statistics SA announced that the economy grew by 3.1% in the second quarter of the year after a sharp decline was recorded in the first few months of the year.
Mantashe welcomes 3.1% economic growth, economists not celebrating
The strongest performer in the second quarter was the mining sector which grew 14.4% driven by iron ore, manganese and coal growth.
SA economy grew by 3.1% in Q2 - Stats SA
South Africa has avoided a recession as the economy grew by 3.1% in the second quarter of 2019, data released by Statistics SA showed.
Q2 GDP figures to bring relief to economy?
While the country remains in the midst of an economic crisis, the much-awaited GDP figures will be an indicator of the level of economic activity.
SACP: There would be no state capture if NPA did its job
The party picketed outside the NPA offices in Pretoria against what it said was inaction by the authorities despite evidence of corruption emerging at the state capture commission.
Mathunjwa: Cosatu trying to regain relevance with Marikana rally
Cosatu announced Thursday that it would visit the North West informal settlement with President Cyril Ramaphosa in October.
Cosatu: ANC must formulate policy on using money during leadership campaigns
The federation is one of the recipients of hundreds of thousands from President Cyril Ramaphosa’s accounts which were used to channel funds during his campaign to lead the ANC in 2017.
Cosatu calls for withdrawal of Mboweni’s economic strategy document
Cosatu has described the document as an attempt to exploit the fiscal crisis by pushing a rightwing agenda.
Cosatu planning Marikana rally, Ramaphosa expected to join
This would be the first time that President Cyril Ramaphosa and Cosatu visit the area since the Marikana massacre in 2012.
CDE: Govt must improve tax collection to fix economy
The Centre for Development and Enterprise said that the country's tax regime, which was dominated by direct taxes such as personal and corporate income taxes, could contribute to slow growth.
Rate of salaries increases for public servants worrying - CDE
The organisation detailed how government could reduce spending while placing immediate attention on reducing waste.
SA running out of time to sort public sector debt, warns CDE
The large gap between government spending and its tax collection rates which opened up in the aftermath of the global financial crisis in 2008 was the main reason for the country’s debt explosion.
BMF: Non-EE compliant companies must be charged criminally
Black Management Forum president Andile Nomlala said that the lack of transformation had direct implications on the stagnation of the economy, saying there was no justification for non-compliance.
Govt threatens to enforce employment equity if employer compliance unchanged
The 2018 employment equity report painted a bleak picture of a private sector unwilling to hire, train and up-skill black people.
Nxesi to introduce bill to penalise employers who don’t comply with AA
If implemented, the act will put into motion measures to address the high non-compliance rate with the law, giving powers to the labour minister to regulate sector targets.
Report: White people still dominate senior management positions
In the same breath, the report noted that the increase in representation of African and coloured groups in the middle to upper levels was marginal at below 1%.
Govt to publish special paper on Eskom detailing long-term sustainability plans
The paper will among others, identify options to resolve the power utility’s excessive debt and outline the process that will be undertaken when the company restructures its units to ensure a just transition.