Browsing All posts tagged under »Gigaba«

The bigger picture of patronage and corruption

July 22, 2017

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South Africa's finance minister Malusi Gigaba has announced his 14-point plan aimed at “taking the country out of recession”. Instead it will almost certainly guarantee ongoing discontent, especially with the labour movement.

The painful reality of junk status

July 1, 2017

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More pain is on the way for South Africa as a result of the junk status credit rating given to the country. But such pain will be passed on — by government and business — to the consumers. Expect resistance.