Browsing All posts tagged under »budget«

Declarations of war & pie in the sky

February 28, 2020

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South African finance minister Tito Mboweni's 2020 Budget was a classic example of pie in the sky and it therefore — and unsurprisingly — triggered declarations of war from the labour movement. The only fulsome support seems to have come from from those at the top of the financial pile.

Austerity and the lack of a real alternatve

February 24, 2019

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A social compact is not an alternative to the present social and economic system. It is a variation on the same theme — a bad one from the point of view of labour — and it does pose as an alternative. Time perhaps for labour to counter with a clearly costed and articulated route to a real alternative that would benefit the many rather than the few.

When will the time bomb cease to tick?

March 2, 2018

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What the latest Budget has done is, on the one hand, to placate the money lenders and the business elite while, on the other, further alienating and angering the majority of South Africans. The time bomb is continuing to tick. But for how much longer before an explosion occurs?

Time to confront 21st Century realities

February 25, 2018

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We are constantly reminded that today we live in a world village of the 21st Century. Yet, at the same time, politicians often seem oblivious of the fact, their mindsets stuck in a world 40 and more years ago. South Africa is no exception but, perhaps with promised jobs and investment "summits" some answers and appropriate action will follow.

Real SA Budget: a frantic daily struggle

March 1, 2015

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Wednesday was Budget day in South Africa. But the plaudits and the protests reflected in the media will not cause any excitement for more than half the population that has to deal with a daily struggle merely to survive.

A failure to understand the importance of food prices

February 24, 2012

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A recent report linking food price rises to social unrest underlines the validity of the comment that the world is only three square meals away from revolution or anarchy. The latest South African Budget takes no cognisance of this fact.

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Cape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.

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