by sundelbolong | May 21, 2020 | Business & Finance News
Black Economic Empowerment has not added any value to the South African economy and should be scrapped and replaced with a more integrated business development policy, according to political economist Moeletsi Mbeki. Mbeki, a long-time critic of the legislation –...
by sundelbolong | May 13, 2020 | Business & Finance News
The UK economy shrank almost 6% in March as the nation went into lockdown, plunging into what may be its deepest recession in more than three centuries. The slump meant gross domestic product fell 2% in the first quarter, as restrictions to control the coronavirus...
by sundelbolong | May 13, 2020 | Business & Finance News
It’s no secret that the longer government extends the lockdown, the worse the impact will be on the economy and jobs. While businesses fear closures over the uncertainty of the length of lockdown, they are also unable to guarantee that the spread of Covid-19...
by sundelbolong | May 12, 2020 | Business & Finance News
At least three ANC top six officials, including President Cyril Ramaphosa, have cautioned Tito Mboweni against his apparently controversial public statements and Twitter rant – but that’s as far as it goes. The finance minister enjoys the backing of the president and...
by sundelbolong | May 8, 2020 | Business & Finance News
Our economy is in deep trouble, from whichever perspective you look at it. Some in government will want you to think that this is all arising from Covid-19, but the truth is our economy limped into this global pandemic. The economic battering taken by economically...
