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Reserve Bank

EDITORIAL: Recession moot with GDP at 0.7%

GDP figure does not offer much comfort — the economy is stagnant and unable to create jobs

EDITORIAL: Rate hike was the right move

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL

Rate hike signals the Reserve Bank’s resolve in curbing inflation

EDITORIAL: Nigeria is tough turf for Tiger Brands

Peter Matlare, CEO of Tiger Brands. Picture: MARTIN RHODES

Tiger Brands’ write-downs are close to the sum paid for the acquisition of Dangote Flour Mills

EDITORIAL: Kganyago’s toughest call yet

Lesetja Kganyago.  Picture: TREVOR SAMSON

Rates decision hinges on weak rand and low gross domestic product, but things are not as clear cut as they seem

EDITORIAL: Crises require tough decisions

Picture: REUTERS

The mining and steel industries need to face up to their ills

EDITORIAL: Reckless Myeni a liability to SAA

Dudu Myeni. Picture: SUNDAY TIMES

South African Airways chairwoman Dudu Myeni’s interference has been costly for the airline and the fiscus

EDITORIAL: Now’s not time for carbon tax


Emissions already reduced as economy slowed — tax is pointless because biggest culprit is coal-fired power, and until energy mix changes there are limits to cuts miners or steel makers can implement

EDITORIAL: ANC must listen to Motlanthe

Kgalema Motlanthe. Picture: FREDDY MAVUNDA

First time former party executive has articulated ideas of those within ruling party opposed to patronage and cronyism

EDITORIAL: Protect the poor from caring laws

Banking customers. Picture: THINKSTOCK

South Africa’s financial sector must balance financial stability with consumer rights

EDITORIAL: Learn from visa rules blunder

Home Affairs Minister Malusi Gigaba. Picture: MARTIN RHODES

Government backs down, but damage is done

EDITORIAL: Nene had little room to move

Nhlanhla Nene. Picture: BLOOMBERG/SIMON DAWSON

Realistic budget reinforces credibility of macro-economic policy and institutions, and may have staved off ratings downgrades

EDITORIAL: Learning the hard way

Students clash with police outside Parliament in Cape Town on Wednesday. Picture: EPA/NIC BOTHMA

Varsity underfunding clearly an issue for years; political will is missing to take hard decisions required to find solutions

EDITORIAL: Nene has work cut out for him

Nhlanhla Nene. Picture: TREVOR SAMSON

Mini-budget must maintain cap on spending — Finance Minister Nhlanha Nene needs to set out a clear path that will be followed to ensure government can hold the line on fiscal policy

EDITORIAL: Drive to change mental gridlock

Swapping private cars for bicycles and feet is a good idea, but Sandton’s infrastructure limits the reach of the ecomobility campaign. Picture: MARK SMYTH

We need a shift in mind-set towards a more socially conscious urban spatial planning ethos. Safe public transport system is only option

EDITORIAL: ANC unwise to undermine ICC

Sudanese President Omar al-Bashir listens to the national anthem during opening session of Sudan National Dialogue conference this week. Picture: REUTERS/MOHAMED NURELDIN ABDALLAH

No rational argument for how South Africa leading a withdrawal from International Criminal Court will benefit victims of human rights violations

EDITORIAL: Froneman can’t be a man alone

Sibanye Gold CEO Neal Froneman. Picture: MARTIN RHODES

Sibanye Gold head Neal Froneman’s innovative ways should help keep some mines, and jobs, alive — inventive solutions of all kinds are needed to rescue mines

EDITORIAL: More harm than good in new laws


Visa rules and private security bill hurting South Africa — as Jacob Zuma dithers, the mood across the Atlantic is darkening

A panoramic view of Parliament, at the swearing-in ceremony of new members of Parliament in the National Assembly in this file image. Picture: GCIS

EDITORIAL: Unbecoming of Parliament

Numerous conflicts show up officials’ ineptitude

EDITORIAL: Cosatu must face hard truths

Trade union federation Cosatu is failing to serve workers adequately

EDITORIAL: Stop SAA from crash landing


Removing Myeni is the only way to avert a disaster at the embattled national carrier

EDITORIAL: Curbing terror needs new tack

Military action alone will not check Islamic State, and France should not resort to tactics adopted by the US after 9/11

EDITORIAL: Motor industry policy a success


Better incentives needed to stave off competition — 10,000 units per year seem too small to achieve economies of scale that enable automotive suppliers to set up hubs around plants

EDITORIAL: US rate hike would hurt SA

Lesetja Kganyago.  Picture: PUXLEY MAKGATHO

However, such a move would usher in certainty

EDITORIAL: Drought threat to food security


Clear and urgent plan needed to alleviate crisis — drought could have consequences for SA’s balance of payments, cutting exports while increasing need for food imports

EDITORIAL: MTN’s lack of transparency

MTN's head office in Johannesburg. Picture: EPA/KIM LUDBROOK

Company has history of regulatory breaches or holding back price sensitive information — it should have warned shareholders about $5.2bn fine

EDITORIAL: Numbers paint partial story

Picture: THE TIMES

Statistics unreliable but job creation still crucial — the bottom line is hardly more than four out of every 10 South Africans of working age are actually working

EDITORIAL: Rankings paint dire SA picture

SA has steadily implemented reforms in recent years but they have not been done fast enough

EDITORIAL: ANC can learn from Buhari

Muhammadu Buhari . Picture: AFP PHOTO/MUJAHID SAFODIEN

Nigerian president Muhammadu Buhari is tackling the country’s flaws head-on

EDITORIAL: SA firms turn to rights issues

Picture: JSE

Companies take advantage of equity market as number of new listings on JSE this year heads towards levels last seen before the global financial crisis

EDITORIAL: Students’ anger misdirected

Students demonstrate on Monday at one of the barricaded entrances at the University of Cape Town during a protest against an increase in tuition fees.  Picture: TREVOR SAMSON

Universities placed in an impossible position. It is the government, and Higher Education Minister Blade Nzimande in particular, who should be held to account

EDITORIAL: Muthambi spat sign of deeper ill

Faith Muthambi. Picture: GCIS/NTSWE MOKOENA

Policy tussle puts ANC-state discord on display — Jacob Zuma’s hands-off leadership style has resulted in loose cannons wreaking havoc in vital sectors of the economy

EDITORIAL: Poor land policy feeds insecurity

Rural Development and Land Reform Minister Gugile Nkwinti addresses the media after his budget vote to the National Assembly on Friday.  Picture: TREVOR SAMSON

Heed Mboweni’s warning on ills of redistribution, from loss of confidence in South Africa to impact on food production

EDITORIAL: ANC’s missed opportunity

Ruling party misses chance to signal decisiveness on policy, showing no indication it appreciates SA’s economic predicament or need to restore confidence

EDITORIAL: A chance to set a different tone

Jacob Zuma. Picture: KOPANO TLAPE

Economy will not get attention it deserves at ANC’s general council gathering, but there will be much pontification and garbled rhetoric

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The Third Umpire

Former Reserve Bank governor Tito Mboweni, whose appeal to the ANC to exercise caution on nationalisation, the nuclear power plan and land reform is well timed. The more people of stature to speak up now, the better for SA.

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MTN CEO Mteto Nyati, for calling for Icasa to crack down on “freeloading”, over-the-top operators such as WhatsApp that are offering voice calls. Ag shame, is the duopoly starting to feel the heat from innovative competition?

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There’s many a potential slip before a deal is finalised, but SABMiller chairman Jan du Plessis’s handling of AB Inbev’s takeover bid has so far been by the book, putting shareholder-interests before management’s.

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