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BRIGHT SIDE OF LIFE: Even for those who have been living through the decline and have, thus, become somewhat oblivious, the dismal state of South Africa’s infrastructure is now almost impossible to ignore. Be it collapsed power pylons, railways stations stripped to concrete ruins, chronic cable theft, or the potholes that pockmark just about every road, the decay is frighteningly visible. For President Cyril Ramaphosa, and perhaps some particularly robust entrepreneurs, there’s an upside. “There are indeed opportunities in this crisis,” he told investors at the fifth Investment Conference earlier this month.
BRIGHT SIDE OF LIFE
28th April 2023 By: Darlene Creamer
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FLIP FLOPS
21st April 2023 By: Darlene Creamer
TROLLEY HAS BOLTED: The decision by the Competition Commission to probe price hikes across a basket of five fruits and six vegetables is understandable, given the level of food inflation over the past year. However, it is also a case of the trolley having already bolted and it is far from clear what impact the inquiry will have on the current cost-of-living crunch. A report on the findings of the investigation is scheduled for only September 2024, by which time conditions are likely to be materially different.
TROLLEY HAS BOLTED
14th April 2023 By: Darlene Creamer
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HARD TIMES
7th April 2023 By: Darlene Creamer
WAVES OF PAIN: It has been an incredibly difficult start to the year, with intense loadshedding and a spike in crime having left individual and investor confidence decidedly soggy. While there have been improvements in the performance of some Eskom power stations, high utilisation factors leave these plants vulnerable as demand gets set to rise during winter. On the social and political fronts, meanwhile, things often heat up in South Africa as temperatures dip, particularly when there are outstanding wage negotiations, and elections loom.
WAVES OF PAIN
31st March 2023 By: Darlene Creamer
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BOILING POINT
24th March 2023 By: Darlene Creamer
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MEGA PROJECT
17th March 2023 By: Darlene Creamer
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SHOCKWAVES
10th March 2023 By: Darlene Creamer
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JUGGLING ACT
3rd March 2023 By: Darlene Creamer
BLUNT INSTRUMENT
BLUNT INSTRUMENT
24th February 2023 By: Darlene Creamer
SHOOTING SELF IN FOOT: The recent mining gathering in Cape Town once again highlighted the failure of government and its State-owned companies to provide the policy, administrative and infrastructure frameworks and capacity needed to take full advantage of existing mining activity, as well as to stimulate the exploration needed to unlock the next generation of critical minerals. Collapsing rail and power networks, together with dismal law enforcement, saw the country missing out on the most recent commodity boom. And the lack of a functional cadastre means that it could well miss out on the next one too.
SHOOTING SELF IN FOOT
17th February 2023 By: Darlene Creamer
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STATE OF NATIONAL ANXIETY
10th February 2023 By: Darlene Creamer
PULLING THE RUG
PULLING THE RUG
3rd February 2023 By: Darlene Creamer
SINKING FEELING: Given internal ANC political dynamics, it looks like it will be difficult to reverse the decision to move the large State-owned enterprises from the Department of Public Enterprises to their line departments. For Eskom, such a shift is particularly problematic, as it will further blur the policy lines between what is good for Eskom as opposed to the electricity supply industry as a whole – and there is a clear divergence. From a governance perspective, it’s akin to moving the deck chairs while the ship sinks.
SINKING FEELING
27th January 2023 By: Darlene Creamer
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COMES WITH BAGGAGE
20th January 2023 By: Darlene Creamer
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NOWHERE TO HIDE
16th December 2022 By: Darlene Creamer
This year’s FIFA World Cup has had its fair share of upsets, which have deflated the egos of some of the bigger teams. The performance of the South African economy in 2022 has been equally deflating. The year started with hopes for a solid recovery following two years of Covid disruption. However, loadshedding, devastating flooding and rising crime, including mafia-style heists, have all taken a damaging toll.
DEFLATING
9th December 2022 By: Darlene Creamer
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LEADERSHIP PUZZLE
2nd December 2022 By: Darlene Creamer
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UNDER PRESSURE
25th November 2022 By: Darlene Creamer
HEAVY LIFTING
HEAVY LIFTING
18th November 2022 By: Darlene Creamer
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