News
THE ANC’S 54TH NATIONAL CONFERENCE
The successful conclusion of the 2017 ANC Elective Conference over the coming days is the single most pressing national priority South Africa currently faces.
Read MoreSTANDARD BANK APPOINTS LUNGISA FUZILE AS CEO
The appointment of Lungisa Fuzile as CEO of Standard Bank South Africa imparts additional strong leadership and world-class credentials to the banking sector and is wholeheartedly welcomed.
Read MoreS&P DOWNGRADES SOUTH AFRICA’S LONG-TERM LOCAL AND FOREIGN CURRENCY RATING
The decision by S&P to downgrade South Africa’s long-term local currently rating, and our long-term foreign currency debt has serious consequences for the poorest of the poor in our country with a catastrophic impact on our country’s economic prospects.
Read MoreFITCH TO LEAVE THE SOUTH AFRICAN CREDIT RATINGS UNCHANGED
We welcome the decision by Fitch to leave the South African local and foreign currency credit ratings unchanged, albeit at sub-investment grade.
Read MoreBASA OPINION PARLIAMENT DEBATE – NATIONALISATION OF BANKS
The debate in parliament regarding nationalisation of banks is alarming. Any nationalisation of banks will have a direct impact on stability, and will seriously undermine what fragile levels of confidence remain in our economy and society.
Read MorePOSITIVITY AMID STUDENT PROTESTS AND VIOLENCE
AS we despair at the sight of our flag being burnt, students again taking to the streets, the state dysfunctional and rancour dominating our politics, South Africans cannot help but wonder: is the centre no longer holding?
Read MoreMEDIUM-TERM BUDGET STATEMENT – ECONOMY IN TROUBLE
The South African economy is in serious trouble. This was confirmed in Finance Minister Malusi Gigaba’s Medium-Term Budget Policy Statement, which gave a frank acknowledgement of the dire state of the South African economy.
Read More2017 SUB-SAHARAN AFRICAN CENTRAL BANK GOVERNOR OF THE YEAR
We welcome the news that South African Reserve Bank (SARB) governor Lesetja Kganyago has been named Central Bank Governor of the Year for Sub-Saharan Africa by Global Markets publication.
Read MoreMEDIUM-TERM BUDGET STATEMENT
The Medium-Term Budget Statement (MTBS) due to be tabled on 25 October is yet another opportunity for government to fill the void and acknowledge and address our crisis in leadership.
Read MoreSOUTH AFRICA SLIDES DOWN WEF RANKINGS – OCTOBER 2017
South Africa’s slide down the rankings of the World Economic Forum’s Global Competitiveness Index is evidence of our poor growth prospects, as well as the weak leadership that underpins it.
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