The potential economy pay-off of the cannabis and hemp industries is well documented in Europe and America. Finally, South Africa is getting its ducks in a row to join the party. In May this year, the President signed the Cannabis for Private Purposes Act 7 of 2024 into law, which establishes a legal framework for […]
Since emerging markets like South Africa are often the recipient of ripple effects originating in the US, the well-known phrase ‘when the US sneezes the world catches a cold’ will probably now be even truer since the re-election of Donald Trump to the White House. Economic Digest 48 – Will Our Economy Be Trumped by […]
It is perhaps fitting that the new retirement savings rules kicked in on 1st September, considered to be the beginning of spring and heralding fresh beginnings of growth. For some, it may also be the mythical pot of gold at the end of the rainbow. The change means that South Africans will immediately be able to access a […]
In Xhosa/Zulu ‘vulindlela’ means ‘make way’ or ‘open a way’ and in terms of the Government’s Operation Vulindlela it has indeed been making a way to accelerate the implementation of economic reforms in the key areas of digital communications, energy, water supply and logistics. Economic Digest 46 – Operation Vulindlela – Clearing the Path to Economic Growth […]
As per the Statement of Intent signed by the Government of National Unity partners, the top priority for the GNU is the achievement of rapid, inclusive and sustainable economic growth to create jobs. A tall order, given South Africa’s many challenges such as a flagging economy, structural unemployment, crumbling infrastructure, etc. Yet, there is a measure of optimism […]
Ever since he made his debut on radio in 1933, and later on the silver screen, the Lone Ranger would typically mysteriously arrive just when he was needed to overcome whatever evil prevailed. He would then depart, leaving behind only his calling card – a silver bullet. The silver bullet has become entrenched in folklore as the only […]
It may be Finance Minister Enoch Godongwana’s last budget speech, but it will certainly be his most impactful. His task is made even more difficult because South Africa will be going to the polls soon, forcing the Minister to walk a very fine line between maintaining fiscal credibility and finding the money to prioritise his […]
