Editorial

Mini budget in a nutshell: Rand cheers Godongwana’s maiden MTBPS

The rand rallied on some positive notes in Finance Minister Enoch Godongwana’s inaugural Medium-Term Budget Policy Statement, trading at R15.20 from around R15.35 before the address started. The unit was last trading at R15.25/$, still more than 1% higher from it’s overnight close in New York.  Here are some key take-aways as supplied by TreasuryONE: …

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Editorial: All eyes on the Fin Min

On Thursday Finance Minister Enoch Godongwana will deliver his very first Medium Term Budget Policy Statement (MTBPS) or mini budget since he took up his ministerial post at treasury. Godongwana will have to inspire confidence in a nation that is struggling with rolling blackouts and a failure to bounce back from a covid affected economy. …

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Editorial: Perfect supply chain globalisation with Nutella

“Beloved hazelnut spread Nutella is a classic example of the benefits and costs of globalisation.” Is there anything better than the chocolaty hazelnutty goodness that is a spoonful of Nutella? We think not, but deliciousness aside there is a good supply chain model behind the spread as Lionel Laurent attests with his opening quote. While …

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Editorial: Green is the new black

South Africa will transition to renewable and sustainable energy following the announcement from President Cyril Ramaphosa on Tuesday that the country had reached an agreement for funding over the next five years amounting to R131 billion. The landmark deal is the first financing deal to come out of the climate conference currently underway in Glasgow, …

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Opinions of the Day: Should we take a second look at the Constitution?

In a country where Jacob Zuma gets to leave prison early after serving but a fraction of his 15-month sentence and South African’s can refuse to be vaccinated even while many others are dying should we revisit the constitution that is considered a liberal bastion in the world? Sydney Majoko quotes former deputy chief justice …

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Opinions of the Day: Will you be fired for not taking the Covid-19 vaccine?

Last week Discovery, South Africa’s largest medical scheme provider, became the first corporate business to flinch and announced that it would require all of its employees to be vaccinated come 2022. It’s a massive step for business in South Africa after many large corporate businesses and government institutions in the United States already called for …

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