Europe Solidaire Sans Frontières
On Tuesday, President Cyril Ramaphosa offered fine words: “The most important people in this country are not those who walk the red carpet in Parliament, but those who spend their nights on the benches outside its gates.”
On Wednesday, in spite of claims to the contrary, Finance Minister (...)
Gigaba and Ramaphosa have set us on a path of economic regression. The 2018 budget will hit poor and working class people harder.
Budgets do not represent the sum total of a government’s economic policy. They indicate the direction of things to come. As many suspected, the 2018 budget will (...)
As he launched the African Regional Centre of the New Development Bank (NDB) in Johannesburg on Thursday , South African President Jacob Zuma must have had mixed feelings. Strife-riven Brazil, Russia, India and China are more risky allies than Zuma reckoned when in 2010 he accepted Beijing’s (...)
“This suggests that export underinvoicing is not due to underreporting of the true value of gold exports, but rather to pure smuggling of gold out of the country. In other words, virtually all gold exported by South Africa leaves the country unreported.”
This is the sensational conclusion of (...)
The most important sector of the South Africa’s economy, mining, is in crisis. This compounds a generally poor economic situation in SA. Jobs, export earnings and revenue for the state are all at stake.
More importantly, in depressed conditions it is even less likely that the government (...)
The most important sector of the South African economy, mining, is in crisis. This compounds a generally poor economic situation in SA. Jobs, export earnings and revenue for the state are all at stake.
More importantly, in depressed conditions it is even less likely that the government (...)
The slowdown of the large scale gold mining sector in the last decade has encouraged a different and growing mining phenomenon to emerge in South Africa’s goldfields – unregulated artisanal mining.
An illegal miner sifts through disused rocks while working in an abandoned gold mine in (...)
THERE IS A FOOD CRISIS IN contemporary South Africa, and it is marked by the co-existence of waste and hunger. It is deeply implicated in the existing crisis-prone, global neoliberal regime. As Susan George writes, ‘Food stands squarely at the crossroads of the ecological, social and (...)
The World Bank president promoted coal, private sector investments and outsourcing, none of which are in the interests of the people of South Africa.
Just nine weeks into a new job that pits his critical intellect and earlier game-changing Aids treatment advocacy against the need to (...)
September 5, 2012 — Links International Journal of Socialist Renewal — “One of the things you learn as an anthropologist, you don’t come in and change the culture”, Dartmouth College president Jim Yong Kim told wealthy alumni when contemplating the institution’s notorious hazing practices, (...)
How is it possible for Finance Minister Pravin Gordhan to roll out a huge infrastructure programme requiring billions of rand and to slash the budget deficit (the proportion of government spending to GDP) from ––4.6% to –3% over three years without increasing taxes? This contradiction lies at (...)
Dick Forslund says the wage restraint lobby have based their arguments on dodgy data.
In this final reply, I will correct an error, account for a new finding and try to give a principled answer to the replies Brian Kantor and Loane Sharp, whilst explaining some of the basics that underpin (...)
DEEP CONCERN: PATEL’S NEW GROWTH PATH (NGP) SUPPORTS GREEN REVOLUTION FOR SMALL HOLDER FARMERS AND BIOFUELS
STATEMENT BY THE AFRICAN CENTRE FOR BIOSAFETY
Dear friends and colleagues, the ACB is deeply disturbed and disappointed that Minister Patel’s NGP has not embraced new thinking on (...)
AIDC Statement on New Growth Path, 2010-11-30
AIDC warns: NGP? Do not repeat the tragedy of GEAR as a farce!
The Alternative Information Development Centre (AIDC) welcomes that the government’s New Growth Path (NGP) document recognizes the hard facts about mass joblessness, poverty and (...)
The 25–26% increase in electricity prices over the next three years is a bitterblow for South Africa’s poor and working people, who are already struggling to cope with the million jobs lost under the recession.
On a global scale, the South African economy is uniquely dependent on (...)
April 14, 2010 — Just how dangerous is the World Bank and its neo-conservative president Robert Zoellick to South Africa and the global climate? Notwithstanding South Africa’s existing US$75 billion foreign debt, on April 8 the bank added a $3.75 billion loan to South Africa’s electricty (...)
Yesterday the South African government accepted a loan from the World Bank. During the Mbeki era South Africa was cautious not to take on any loans from the World Bank and in so doing avoided the crippling conditionalities that are enforced by the World Bank when caught in the debt trap. With (...)
Communities, environmental groups, academics and NGOs today call on the World Bank to cease and desist from a proposed loan of R29 billion ($3.75 bn) to Eskom. If this loan – which may come up for a Board vote in March or April – goes through, poor South Africans will have to bear the burden (...)
STATEMENT FROM SA AND AFRICA CIVIL SOCIETY ON ESKOM’S PROPOSED $3.75 BILLION WORLD BANK LOAN Should the World Bank grant a $3.75 billion (R29 bn) loan to Eskom ? No. We South African and African organisations which for years have advocated social and environmental justice here and (...)
The SA economy is linked to the global economy basically through exports and imports. The difference in value between exports and imports is called the balance of trade. When transfers of money (foreign investment, payment of dividends overseas etc) are added in then the difference is called (...)
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