Economy

“Consumers in debt should ask for help” - Flemix Advocate

Consumers who are struggling to repay their loans should take the first step and ask for help, advocate Piet Louw SC told the court on Monday.

Barbara Maregele

News | 24 February 2015

Love is Blind: The youth wage subsidy and the South African media

Some media houses are cheerleading for the youth wage subsidy, despite the available evidence strongly suggesting that it is already a R2bn waste of public money.

Doron Isaacs

Opinion | 19 February 2015

Why mining industry leaders should drive to Woodstock this week

The annual Investing in African Mining Indaba is once again under way at the Cape Town International Convention Centre. It is a rather depressed affair this year, with an unresolved regulatory regime, looming labour disputes and an energy crisis that makes investing in South Africa look a lot less interesting than in other countries in Africa.

Melissa Fourie

Opinion | 12 February 2015

Where the wealthiest ‘wine, dine, bribe and bully’

The annual World Economic Forum (WEF) extravaganza got underway last week as 700 private jets whizzed into the Swiss Alpine resort of Davos. This is a gathering where the heads of immensely rich corporations wine, dine, bribe and bully various power brokers and wannabe tycoons to do their bidding and to adopt policies that suit the corporate world.

Terry Bell

Opinion | 26 January 2015

Time for an economic alternative

The old ideas about economics are not working and we are in an unstable period, where alternative ideas should be considered, tested and grown, writes Sofie Geerts.

Dr Sofie Geerts

Opinion | 18 December 2014

Don’t touch me on my dreads

Anelisa Sonjola from Khayelitsha says that last week she was mugged. And robbed of her dreadlocks!

Pharie Sefali

News | 11 December 2014

Who is behind the airport shoe shine business?

Lere Mosieane Mgayiya dreamt of being a pilot. But when that didn’t work out he started the shoe shining business that you find in every major South African airport.

Zintle Swana

News | 11 December 2014

Moving up in Joe Slovo

Approved Joe Slovo housing beneficiaries, who were deemed to be “too young” by government to receive houses in October, this week moved into their new units at the N2 Gateway development. Other families, who remain behind in the informal settlement, and who are now being moved to make space for the next phase of the housing development, remain unhappy.

Daneel Knoetze

News | 5 December 2014

Bapo ba Mogale community loses out in Lonmin deal

It has taken Lonmin Plc a decade to cut the Bapo ba Mogale community a 3.3% slice of the company that mines platinum on its land. In the same period, Lonmin has served up an ownership share more than five times bigger to Shanduka Resources – a black empowerment
company founded by ANC stalwart Cyril Ramaphosa – and sauced it with a series of loans and dispensations to keep it fresh.

Brendan Boyle

News | 4 December 2014