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Black economic empowerment was one of the measures intended to address the racialised inequality in South Africa (Reuters)

South Africa’s transformation drive under scrutiny as JSE black ownership remains low 

There were replacement transactions at Old Mutual and Absa, with FirstRand, Sanlam and Capitec retaining black ownership. But Standard Bank and Nedbank have less than 1% black…

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…

(Gemma Ritchie/M&G)

A drained state hurts the economy

And there are fewer journalists to hold policymakers accountable for this decline

Unemployed men inJohannesburg wait on a street corner for work for part-time work. Photo: Naashon Zalk/Bloomberg/Getty Images

The Fiscal Cliff | Shallow state purse deepens jobs crisis

In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s…

Department of Finance

The journey to full-blown austerity is marked by changes to an economy presided over by a government adrift

South Africa is widely recognised as the most unequal society in the world, with a startling 71% of the country’s wealth concentrated in the hands of a mere 10% elite

Austerity, the NDP’s grim reaper

Ten years after its adoption, the government has failed to achieve the targets set out in the National Development Plan. Looming spending cuts will render the NDP even more futile

Housing shortage: Several buildings in the central district of Johannesburg are occupied by a large number of people who live in substandard conditions. Photo: Marco Longari/Getty Images

Joburg fire: Housing policy fails people – and the economy

The country’s biggest city will continue to grow as people seek jobs and a better life. But a ‘resentment’ towards urbanisation has prevented the government from unlocking its…

The South African Reserve Bank is likely to hold interest rates unchanged

Reserve Bank left toothless amid Eskom-induced stagflation

The recent rand crash has led some to believe another 50 basis point rise is on the horizon, despite a view that further hiking will do little to tame inflation

The drama at Dis-Chem shows that many firms are declining to transform because they can. (Dwayne Senior/Bloomberg via Getty Images)

Enforce employment equity quotas in big companies

The drama at Dis-Chem shows that many firms are declining to transform because they can

About 32%  of the population is unemployed; of the employed, 35.9% are in informal work; and of the formally employed, nearly 40% earn less than R3,500 a month. Photo: Phill Magakoe/AFP

Jobless crisis: 35 in 100 are out of work

It’s not sustainable for every employed person to support three others, analysts say

Finance minister Enoch Godongwana.(Brenton Geach/Gallo Images via Getty Images)

‘SA is heading towards another lost decade’

Last month’s budget was positive about the trajectory of the economy but near-term growth projection are only slightly higher than during South Africa’s darkest years

Disruption: Soweto residents protest in front of Maponya Mall against the wave of violence and looting that affected Gauteng and KwaZulu-Natal in July last year. Photo: Luca Sola/AFP

Can the private sector help to fix ‘a fragile state’?

Privatisation stands to deepen inequalities. But some experts say collaboration between business and government can work in everyone’s interest

Commuters drive in the city centre of Ouagadougou on January 23, 2022. – Gunfire broke out at several army barracks in Burkina Faso on Sunday, prompting the government to deny that the military had seized control of the notoriously volatile Sahel state. “Since 1 am, gunfire has been heard here in Gounghin coming from the Sangoule Lamizana camp,” a soldier in a district on the western suburbs of the capital Ouagadougou said. (Photo by Olympia DE MAISMONT / AFP)

Coup season in the Sahel raises uncomfortable questions

Beset by political instability, the region is also the canary in the climate change coal mine

UIF queues: Experts say if joblessness continues to climb past 34.4% of the work force, the economy risks becoming unviable. (Delwyn Verasamy/M&G)

‘Explosive’ jobs crisis imperils South Africa

Experts’ strategies for fixing the unemployment crisis range from devaluing the rand to a universal income grant or accepting debt from loans

What empowerment? Minister of Mineral Resources Gwede Mantashe argues transformation of the mining sector has been ineffective. Although the majority of mineworkers (above) are black people, this is not reflected in mine ownership. (Madelene Cronjé)

Once empowered, always empowered: Does the mining charter judgment rule out transformation?

Given the slow pace of change in mining and other sectors, some analysts have raised concerns that the ruling will cause empowerment efforts to unravel

The latest unemployment figures show deepening joblessness and continuous setbacks. (Photo by Per-Anders Pettersson/Getty Images)

Professional or working class, unemployment has hammered black women the most

The latest unemployment figures show deepening joblessness and continuous setbacks

Kate Monama is a mother who has been unemployed for five years. (Andy Mkosi)

A black woman’s burden: Carer, provider and unemployed

All indicators, including the employment statistics released this week show how black women bear the brunt of unemployment. Here are their stories

Social security net: Senior citizens queuing for their social grants outside Jabulani Mall in Soweto.

The basic income grant is surely on the horizon

It is becoming clear SA needs a BIG, as many ANC cabinet members, opposition parties and experts agree. But there is still dissent from some quarters

Youth unemployment is at an all-time high. Photo: Oupa Nkosi/M&G

Austerity budget unpacked

The finance minister has said it’s not an austerity project. But the numbers and economists disagree

Without providing any specifics as to which form it would take, the United States embassy has warned of a possible terror attack in Johannesburg’s wealthy Sandton area this Saturday.

How to rescue SA’s ailing economy

2020 was a challenging year for everybody, with no growth forecast in the economy, fears of a deep recession and a jobs bloodbath. Three experts contextualise this situation,…