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Mail & Guardian
Tshegofatso Mathe

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Tshegofatso Mathe

Tshegofatso Mathe is a financial trainee journalist at the Mail & Guardian

Walking the tightrope: Finance Minister Tito Mboweni makes tough budgetary decisions. (Dwayne Senior/Bloomberg via Getty Images)

State’s wage freeze sparks apoplexy

Public sector unions have cried foul over the government’s plan to freeze wages for three years and have vowed to fight back.

Down but not out: Sars commissioner Edward Kieswetter expects a shortfall in tax collection. (David Harrison/M&G)

Sars is running more smoothly, but still missing targets

The revenue service said that change in compliance behaviour of taxpayers has been observed since April

United States President Donald Trump.  (Qassem Soleimani)

Trump has markets on tweeterhooks

The markets fluctuated after Trump last week ordered the killing of Iran’s top military commander Qassem Soleiman

Only half of digital labour platforms could give evidence that workers were paid at or above the minimum wage, a new report shows

Prosus in a tug of war for Just Eat

The South African company is aiming to build a food-delivery empire and already has investments in Brazil, India and Germany

Lindela ownership is up in the air (Photo Archive)

Lindela ownership is up in the air

The government has the right of first refusal to purchase the detention centre, and two departments are considering doing so

(John McCann/M&G)

From data must fall to data for all

Commission orders Vodacom and MTN to lower their prices and provide daily, free ‘lifeline’ data

Growth was supported by increases in eight of 10 key industries, with major contributions coming from mining, manufacturing, trade and agriculture, while declines were reported in the transport and construction sectors.
(David Harrison)

GDP declines more than expected, at 0.6%

Most sectors of the economy reported negative growth, with mining, manufacturing and transport suffering the biggest falls

(Delwyn Verasamy/M&G)

SAA’s options seem limited

Business rescue is unlikely to work for a state-owned airline, say experts. But the government has no money for bailouts

The South African Reserve Bank has kept the repo rate unchanged at 3.5%. (Oupa Nkosi)

Reserve Bank keeps repo rate unchanged

Although economists say there is room now for SARB to cut the repo rate in order to strengthen the economy – the central bank kept it unchanged

CPI drops to its lowest level in eight years

The low consumer price inflation could lead the central bank to cut interest rates, says economists

(John McCann/M&G)

Hawks bust cannabis lab

The Canapax chain owner, who claims to be a traditional healer, has been arrested

En route: The informal malaicha trade has traditionally been conducted by drivers of vans and minibuses who transport goods from South Africa to Zimbabwe. (Delwyn Verasamy/M&G)

Malaicha trade goes digital

A new app lets users in South Africa buy goods that are dispatched from warehouses in Zimbabwean cities

Trudi Makhaya is an economic adviser to President Cyril Ramaphosa. (GCIS)

South Africa needs another investment conference — Trudi Makhaya

President Cyril Ramaphosa’s economic adviser says government is taking precise steps to bolster economic growth

Tito Mboweni said the government still needed to discuss these and other solutions with labour. An update will be announced in the 2020 budget.(Sumaya Hisham/ Reuters)

Tito has state’s wage bill in his cross hairs

Finance Minister sees a reduced wage bill as a key reform to get the state’s finances back on track

(Siphiwe Sibeko/Reuters)

Rain brings tentative hope of a normal farming season

After weeks of oppressive heat and decreasing dam levels, recent rains renew hope for farmers

Main man: Finance Minister Tito Mboweni will deliver his medium-term budget policy statement in Parliament on Wednesday.

Will Moody’s downgrade Mboweni?

The finance minister’s medium-term budget policy statement on Wednesday will be watched like it is the main event

(John McCann/M&G)

Africa’s markets, ranked

An Absa index has put SA at top spot for the third year, although our overall score has fallen

(John McCann/M&G)

‘Why we don’t pay for power’

The problem of not paying for electricity in Soweto is endemic, with some residents saying that before prepaid meters, they did not pay.

Innovation and sustainability are the current buzzwords and entrepreneurs in the fintech industry are coming up with new, exciting ideas to solve the problems of their target market.

Putting the fin into tech

Fintech entrepreneurs are finding practical solutions for banking Africa’s unbanked

High life: Adam Neumann, CEO of WeWork, lived a lavish lifestyle and cashed in hundreds of millions before attempting to list the company. (Eduardo Nunoz/Reuters)

Uber cool firms won’t always work

Market sentiment towards high-flying, loss-making start-ups has changed; investors are becoming more wary of big talk