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Mail & Guardian
Jannie Rossouw

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Jannie Rossouw

Professor Jannie Rossouw is interim head of Wits Business School at the University of the Witwatersrand

Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally (Dean Hutton/ Bloomberg/ Getty Images)

Wealth taxes and loosening monetary policy is playing with fire

A response to the article ‘Tax the superrich and raise inflation to cut state debt, inequality and poverty’ in the M&G on 10 November

Kuben Naidoo, chief executive of the prudential authority, says the curator found VBS could not be resuscitated. (Oupa Nkosi/M&G)

Explainer: Lessons from the collapse of VBS

One of the main lessons from the VBS Bank collapse in South Africa is that audit reports need to be treated with a degree of circumspection

Markus Jooste won’t necessarily face incriminating questions when he arrives in Parliament.

Steinhoff’s board behaved badly. Why it needs to be held to account

All directors at the furniture retailing giant should be held accountable for the international corporate scandal.

A weaker dollar could lower South Africa’s import costs, especially oil, which affects everything from fuel prices to transport tariffs.

Connecting the dots between the hike in South Africa’s VAT and inflation

The South African Reserve Bank needs to guide the market on how it is going to treat VAT increase in its inflation targeting approach

Former senior ANC MP Vincent Smith. (Lulama Zenzile/Beeld/Gallo)

What happens when a bank is put into curatorship

The South African Reserve Bank was justified in placing VBS Mutual Bank under curatorship

Cyril Ramaphosa

Shaking up Eskom matters for South Africa’s economy

Given the damage that’s been done, the previous board at Eskom simply could not continue. It had no plan to turn the company around or stop corruption

Let us never forget the private-sector players who facilitated public-sector fraud

Steinhoff scandal points to major gaps in stopping unethical corporate behaviour

A suit of highly paid professional services seem to have failed investors in the unfolding Steinhoff corporate scandal

Namec president Keith Thabo

What’s at stake in Malusi Gigaba’s first budget

There is a new finance minister in place and he comes with shifting political dynamics.

KPMG announces who will get its Gupta earnings (Photo Archive)

KPMG must disclose all Gupta dealings if it wants to redeem itself

The actions of the consultancy firm are not enough, nothing short of full disclosure will clear their name

Here is a small opportunity to make progress towards some light at the end of a very long and dark tunnel.

What KPMG’s Gupta imbroglio says about corruption in SA

KPMG South Africa executives have set a new benchmark for the country assuming responsibility for wrongdoing in their organisation.

Public Protector Busisiwe Mkhwebane. (Reuters)

Reserve Bank case exposes incompetence of the public protector

The public protector has been exposed as incompetent after trying to meddle with the constitutional mandate of the country’s central bank.

The bad news keeps piling up for South Africa’s economy.

SA’s in a recession. Here’s what that means

The economy has been rocked by news that it has slipped into a recession after its GDP declined 0.7% during the first quarter of 2017

Street hawkers sell their wares to passing pedestrians on a road near the headquarters of the South African Reserve Bank in Pretoria.

South Africa is on a cliff edge – just as it was in 1985

International banks and companies will be much more reluctant to make loans to SA entities now that the country’s credit rating has been downgraded.

Now that the ANC has elected its leaders

ANALYSIS: The South African economy will be bolstered if Zuma falls

What impact will the upheaval inside the ANC and the general political sphere have in the economic arena?

Is the SA Reserve Bank in danger of falling victim to state capture?

It has become patently clear that no institution will be spared in the wave of state capture that is sweeping through the country.

The report reveals that Ben Ngubane wrote a letter to Lynne Brown titled ‘Suspension of contact in any form whatsoever and/or commercial relationship with the Mail and Guardian, City Press and the Sunday Times’. (Gallo)

South Africa must accept reality and unburden itself from owning a national airline

That South Africa’s national airline is in a parlous state is no longer in dispute.

The Reserve Bank has maintained the repo — at which it lends to commercial banks — steady at 8.25% for five consecutive meetings, since hiking it by 50 basis points in May 2023.

South Africa is Africa’s largest economy (again). But what does it mean?

South Africa has toppled Nigeria and reclaimed its status as the largest economy in Africa.

Why reaching and staying middle class is a lifetime challenge

Reaching middle class status and sustaining it into retirement is a major challenge. The key is to live within your means.

South Africans took to the streets countrywide on 16 December

Zuma’s grip on power is slipping

Academic Jannie Rossouw says that the president’s abrupt change of tack is evidence that his control of power is not as complete as was thought.

With its climate

Create work with convicts, pensioners and marijuana

The South African economy has fallen on hard times and we need to think creatively about how to resolve the problem and create employment.