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Mail & Guardian
Sarah Smit

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Sarah Smit

Sarah Smit is a general news reporter at the Mail & Guardian. She covers topics relating to labour, corruption and the law.

The DA’s part in the coalition stands to entrench the neoliberal programme advanced by the ANC, rather than inspire a very necessary redirection. (Alexander/Sowetan/Gallo Images/Getty Images)

Battle over GNU positions distracts from policy debate

The political transition is a good opportunity for greater transparency about how the government shapes the economy

David Masondo’s job is up for grabs in the ongoing negotiations for ministerial positions. (David Harrison)

Economic reforms still a priority amid GNU uncertainty

President Cyril Ramaphosa’s Operation Vulindlela is forging ahead with its next phase amid ongoing wrangling over positions in his executive

Panyaza Lesufi was re-elected Gauteng premier last week and it is widely assumed that his cabinet will include a mix of ANC and DA politicians. (Photo by Lefty Shivambu/Gallo Images via Getty Images)

Gauteng GNU could get SA’s economic engine revving

The province’s economy has struggled amid infrastructure and governance failures

South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook

Inflation holds firm in May

Still-sticky inflation could further delay long-awaited interest rate cuts

(Rajesh Jantilal/Getty Images)

As the ANC loses its grip on power, its alliance members may be tempted to fill the gap they helped create

Building a leftist party to contest future elections will require exorcising existing organisations of their Stalinism — or creating something from a much smaller base

March past: A Cosatu demonstration in Johannesburg last year. Photo: Papi Morake/Gallo Images/Getty Images

Government of national unity: Political shift tests Cosatu’s influence

The labour movement helped end apartheid and usher in Mandela’s coalition government. Its currently diminished position is cause for anxiety as the ANC forges new political…

The ANC under Cyril Ramaphosa is attempting to forge a new government of national unity. (Photo by Per-Anders Pettersson/Getty Images)

Will the ANC’s government of national unity 2.0 drive change?

The coalition faces the task of implementing long-promised transformations while managing political contradictions

Eskom chief executive Dan Marokane says coal is important for the country to drive industrialisation. (Getty Images)

Eskom’s decision to keep coal plants running until 2030 could cost R90 billion

The Presidential Climate Commission has warned that South Africa risks missing emission target deadlines amid postponed coal phaseout

Decisions: The coalitions the ANC choose to form seem likely to shape which way the South African economy will go. (Waldo Swiegers/Bloomberg via Getty Images)

ANC weighs up doomsday scenarios as economy falters

As coalition discussions intensify, the party could end up making significant policy concessions to navigate South Africa’s uncertain future This content is restricted to…

Despite heightened uncertainty caused by the elections (above), South Africa’s financial system has remained resilient. (Delwyn Verasamy/M&G)

Financial system coped with pre-election jitters, but risks remain

The Financial Stability Review highlights resilience, but warns of geopolitical risks and high government debt exposure This content is restricted to registered users and…

Economic Freedom Fighters leader, Julius Malema. (Photo by Philip Maeta/Gallo Images via Getty Images)

Fitch raises red flags over ANC coalition with MK party, EFF

Earlier this year, the ratings agency warned that a significant increase in the government’s debt-to-GDP ratio could knock its credit rating

Jacob Zuma’s MK party were the big winners in this year’s elections. (Delwyn Verasamy/M&G)

South African election exposes the pitfalls of neoliberalism

Populist parties have made considerable gains in the wake of the government’s insecurity-inducing economic policies

the country’s government debt to GDP ratio is unsustainable at 73.45%. In other words, our debt stock is worth nearly three-quarters of the total value of goods and services produced in the country in any given year. (Waldo Swiegers/Bloomberg via Getty Images)

GDP data: SA’s economy contracts in first quarter of 2024

The economy did not benefit from the suspended load-shedding initiated in early April

Demands: Heads of state at the African Development Bank’s annual meeting, which took place in Nairobi, Kenya.

African leaders repeat calls for financing reform

Heads of state met at the African Development Bank’s gathering this week, where they mulled an overhaul of the world’s financial architecture

The Big Three ratings agencies, Moody’s, S&P Global and Fitch (above), have extensive influence over how creditors assess Africa’s risk profile. (photo by Mike Kemp/In Pictures via Getty Images)

Development Bank backs African credit ratings agency

The Big Three ratings agencies, Moody’s, S&P Global and Fitch, have extensive influence over how creditors assess Africa’s risk profile

The El Niño-induced drought and heatwave in February and March hit crops hard in Southern Africa. (Conrad Bornman/Gallo Images)

Drought-hit Southern Africa’s growth lags

South Africa, the region’s economic powerhouse, looks to record improved, albeit tepid, growth this year and next

DUBAI, UNITED ARAB EMIRATES – DECEMBER 06: Akinwumi Adesina, President of the African Development Bank notes that domestic resources alone will not be sufficient to finance the continent’s transformation agenda.
 (Photo by Sean Gallup/Getty Images)

Reforms could unlock $169.4bn in African development financing a year

The African Development Bank’s economic outlook report notes that 20 countries were in debt distress or at high risk of debt distress, hamstringing their ability to achieve…

Redefine currently leases 73 116 square metres to Pick n Pay.  (Waldo Swiegers/Bloomberg via Getty Images)

Ackerman family to relinquish control of struggling Pick n Pay

The announcement comes after another disappointing set of results, in which the group reported a massive decline in its trading profit This content is restricted to registered…

Rishi Sunak, UK prime minister, greets Cyril Ramaphosa, South Africa’s president, during his state visit to 10 Downing Street in London, UK, on Wednesday, Nov. 23, 2022. Photographer: Hollie Adams/Bloomberg via Getty Images

What the ANC can learn from the Tory meltdown

If South Africa’s governing party does end up losing its majority in future elections, it might never get it back

Former U.S. President Donald Trump attends his trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 7, 2024 in New York City. Trump has been charged with 34 counts of falsifying business records, which prosecutors say was an effort to hide a potential sex scandal, both before and after the 2016 presidential election.(Photo by Sarah Yenesel-Pool/Getty Images)

How a potential Trump return to power could impact commodity prices and global markets

The Republican candidate is running a tight race against incumbent Joe Biden, who could see his Inflation Reduction Act dismantled