Mail & Guardian
Mail & Guardian
Dick Forslund

Creator

Dick Forslund

Dick Forslund is senior economist at the Alternative Information and Development Centre in Cape Town

According to media reports, a deal has been struck outside court between the Public Investment Corporation (PIC) and Iqbal Survey’s company AYO Technology. (Gallo Images / Foto24 / Lerato Maduna)

PIC settlement: Pension fund must work for society, not a tiny elite

The AYO affair shows the GEPF should stop backing the ANC’s destructive BEE project, pull out of the stock market and support the public sector instead

Finance Minister Tito Mboweni. (David Harrison/M&G)

Tito needs the IMF, South Africa doesn’t

The IMF loan is given with false motivation — to provide political cover for entrenched neoliberalism and deep cuts in the public service

‘Let us build this social compact of shared responsibility and a new society founded on the principles of justice, dignity and equality,’ writes President Ramaphosa (David Harrison/M&G)

World Bank finds itself in a Gini fix

The institution has tried to minimise income inequality in South Africa, with ludicrous results, writes Dick Forslund.

The Sars inquiry hearings were last held in June. (Gallo Images)

SA has lost out on R180bn in forfeited taxes

The most important tax cuts took place between 2000 and 2005, not in the 1980s, writes Dick Forslund.

Wage gap kept wide open by top echelons

Section 27 of the Employment Equity Act has been largely ignored since 1998, even by Cosatu, write Dick Forslund and Jeff Rudin.

The employment report by Mike Schussler has sparked a heated debate about labour cost development.

Facts belie the hype about labour costs

Unless reliable, quantifiable data is publicly available, reports cannot be taken seriously, writes Brian Ashley and Dick Forslund.

Thumb-sucked wage statistics not useful in jobs row

The Occupy movement continues to spread, amid growing outrage at the "1%" of people whose wealth allows them to dominate the world.

Better wages are good for the economy

Higher wages for South African workers cannot be justified. That is the only conclusion to be drawn from the media onslaught.