February 15, 2018South Africa
The governing African National Congress (ANC) and its large parliamentary majority moved quickly to elect deputy president and current party leader Cyril Ramaphosa to state presidency.
June 19, 2018United States
President Trump is seeking to reduce the U.S. trade deficit through tariffs, but logic and historical data show that his strategy will not help American jobs, growth or exports. Worse, loss of access to foreign parts amid a trade war will hurt American companies that depend on them to stay globally competitive.
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.