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The newest addition to the Gordon Institute of Business Science, plans on making a big difference across Africa

With the eruption of the pandemic, the fault lines in our economic system have become all too apparent. A new collaborative model would need to be fostered between the public, private and civic sectors across Africa to deploy capital directly towards primary markets, thereby re-establishing the primary function of linking capital to means of production, labour and technology...

Issued by Gordon Institute of Business Science 3 days ago

The basis of South Africa's annual budgets needs an overhaul. Here's why, and how

Governments in most developing countries use medium-term expenditure frameworks as fiscal policy instruments to match the imperatives of policy, planning and budgeting over the medium-term horizon...

By Matthew Kofi Ocran 23 Feb 2021

#SONA2021: Ramaphosa outlines 4 key priorities

President Cyril Ramaphosa's 2021 State of the Nation Address (Sona) laid out the top four priorities for the future of the country...

12 Feb 2021

It's time to eat. ANC's feasting will lead to its downfall

Irrespective of potential economic risks to the country, the ANC's primary voter base - the approximately 25.6-million rural voters, many dependent on social grants - is the government's focus...

10 Feb 2021

#Budget2021: Easy wins and pitfalls

In the 2020 budget tax proposals, it was stated that "substantial tax increases are unlikely to be effective... New tax increases at this time could harm the economy's ability to recover"...

By Patricia Williams 10 Feb 2021

President Mnangagwa claimed Zimbabwe was open for business. What's gone wrong

In November 2017 Zimbabwe's military replaced Robert Mugabe as head of state with his long-time confidante Emmerson Mnangagwa. He declared Zimbabwe "open for business", linking foreign relations with economic policy...

By Henning Melber & Roger Southall 1 Feb 2021

South Africa needs the private sector for economic growth

While redistribution has been the government's priority in righting the country's apartheid past, only economic growth will get South Africa out of the hole created by Covid-19...

By Nicci Botha 27 Jan 2021

New body aims to align CFO function across Africa

Within the context of corporate scandals, cyber threats, new technology, transparency requirements and an ever-changing regulatory environment it has become necessary to reassess the role of the chief financial officer (CFO)...

27 Jan 2021

Repo rate remains unchanged at 3.5%

The repo rate remains unchanged at 3.5% per annum, South African Reserve Bank governor, Lesetja Kganyago, said during a virtual media briefing on Thursday...

22 Jan 2021

#BizTrends2021: 3 big issues demanding legal attention this year

Three broad themes emerging in South Africa in 2021, which will require extensive input from the legal profession, are: changes to the economy and regulation prompted by Covid-19; moves by government and the private sector to stimulate economic recovery; and a greater focus on corporate responsibility and consumer protection...

By Jonathan Veeran, Nozipho Mngomezulu and Burton Phillips 19 Jan 2021

Ramaphosa promotes innovation to rebuild economy

President Cyril Ramaphosa advocates innovative interventions to rebuild the country's Covid-battered economy in his first weekly newsletter of 2021...

19 Jan 2021

Experts predict repo rate will hold

The majority of a 15-member panel expects the South Africa Reserve Bank (Sarb) to hold the repo rate this week but over a third (36%) think the bank should cut the rate...

18 Jan 2021

#BizTrends2021: The 4 themes for the new year

The four themes we expect to find traction during 2021 are coronavirus and the vaccines deployed against it; reflation; a global move toward even tighter regulation; and crypto assets, as opposed to only cryptocurrencies...

By Andrew Duvenage, 14 Jan 2021

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