In the opinion pages today:
RMB chief economist Ettienne le Roux explains why the Reserve Bank has been correct to raise interest rates this year even with the war in Ukraine sending prices skyrocketing. Tom Eaton pokes fun at police minister Bheki Cele’s claim that the SAPS will not hire applicants with tattoos as they could have gang affiliations.
ETTIENNE LE ROUX: Why the Reserve Bank is right to hike rates – Financial Mail (for subscribers)
Economist Ettienne le Roux outlines why the South African Reserve Bank has received criticism recently for hiking interest rates aggressively and frequently.
Le Roux explains why the Reserve Bank has its detractors given the war in Ukraine is causing price surging and knock-on effects across the board with central banks powerless to prevent price hikes.
But the Rand Merchant Bank chief economist defends the Reserve Bank’s hiking mood and explains why continued interest rate increases are necessary. Read more here.
TOM EATON | Not all gangsters wear tattoos. Take the ANC for instance – TimesLIVE Premium (for subscribers)
Recently the police minister, Bheki Cele, bizarrely claimed that the South African Police Service (SAPS) does not consider people with tattoos for positions because they could be gangsters.
Tom Eaton points out the absurdity of the statement with his usual acerbic wit and points out how many of the ANC’s top politicians more than likely do not sport tattoos and yet they are part of probably the most dangerous organisation operating in the country today.
Eaton further lays into the appalling behaviour (reminiscent of that of gangsters) with which the SAPS conducted themselves during the hard lockdown of 2020. Read more here.
Here’s what else we’re reading today:
EDITORIAL | It is clear SA’s gun control measures are not working – TimesLIVE Premium
The ANC is now the problem and cannot be part of the solution – Daily Maverick
EDITORIAL: Economy is at risk if security is beyond the reach of the state – Business Day (for subscribers)
ROB ROSE: SA’s newest knight on the upside of the country’s skills exodus – Financial Mail (for subscribers)
NATASHA MARRIAN: A drubbing looms for the ANC in Gauteng – Financial Mail (for subscribers)
EXPLAINER | Fired for refusing vaccinations: Expert insight on what the law says – News24
Debt and municipalities go hand in hand under ANC rule – The Citizen (for subscribers)
