June 13, 2018South Africa
There are signs that South Africans are reverting to the non-payment of taxes. The Treasury estimates that half of the revenue shortfall in 2017 resulted from personal income taxes that the government had budgeted for but were not paid. In the short term, the revenue short fall is compelling Ramaphosa to raise the VAT.
April 12, 2018South Africa
Strong civil society, a free media, a sophisticated parliamentary opposition, and judges who regularly ruled against the government played interdependent roles in protecting South Africa’s democratic institutions.
March 29, 2018South Africa
Moody’s Investors Service kept South Africa’s credit rating at investor grade, though it is still only one notch above junk, and changed its outlook for the country to stable.
March 23, 2018South Africa
is seeking to get a handle rationalize the financial commitments of state-owned enterprises (SOEs) and promising whole-sale personnel changes
February 23, 2018South Africa
The ascendancy of Cyril Ramaphosa to the presidency of South Africa has been greeted with a mix of enthusiasm, relief, and skepticism. It comes as South Africa prepares to celebrate the centenary of Nelson Mandela’s birth and it is worth remembering that Ramaphosa was Mandela’s first choice as his deputy.
January 19, 2018South Africa
Just like the complex nature of state capture itself, with its dizzying web of corruption propped up by esoteric procurement laws, the devil of Zuma’s commission announcement is in the legal details. In South Africa, the “commission capital of the world,” debate abounds as to whether or not these costly productions actually achieve what they set out to do.
December 19, 2017South Africa
In addition to the president, the Top Six is made up of the deputy president, the treasurer, the secretary general, the deputy secretary general, and the national chairperson. Three of those elected on December 18 are allies of Dlamini-Zuma while two are close to Ramaphosa.