South Africa’s foreign policy must be guided by South Africa’s constitution, constitutional expert Ismail Joosub of the FW de Klerk Foundation recently told me. #economy#politics#markets#foreignpolicy
Ça fait un moment que je me pose des questions sur le bilan (provisoire) de Milei en Argentine. On lit tout et son contraire. Alors j'ai arrêté de lire les commentaires et j'ai regardé les chiffres bruts.
L'Argentine, c'est l'expérience grandeur nature que les économistes attendaient depuis 50 ans. Même pays. Même peuple. Même culture. On change UNE variable : la méthode économique.
Avant : des décennies de gestion étatiste et péroniste, "redistributive". Le résultat concret ? 211% d'inflation, 42% de pauvreté, un État en déficit permanent qui finance son train de vie en faisant tourner la planche à billets.
Puis arrive Milei. Méthode inverse, brutale, assumée : on coupe, on déréglemente, on arrête d'imprimer.
Deux ans plus tard (photo à son arrivée (fin 2023) vs aujourd'hui) :
Inflation annuelle : 211% → 31%
Inflation mensuelle : 25% → ~2%
Déficit public : −5% du PIB → +1,8% (excédent)
Croissance : −1,6% → +4,4%
Pauvreté : 42% → 28%
Sans débat. Jugez par vous-mêmes.
Et le point essentiel : ces gains ne vont pas "aux riches" ou "aux marchés". Ils vont d'abord aux plus pauvres.
L'inflation est l'impôt le plus injuste qui existe — elle frappe ceux qui n'ont aucun actif pour se protéger. La diviser par 7, c'est rendre du pouvoir d'achat à ceux d'en bas. Et 14 points de pauvreté en moins, ce sont des millions de gens, pas une ligne Excel.
Pendant un siècle, on a expliqué aux Argentins que l'État les protégerait en dépensant toujours plus. Résultat : un des pays les plus riches du monde en 1910, ruiné. On vient d'inverser la méthode. Regardez le résultat.
À un moment, il faut accepter ce que les faits racontent : sur le terrain économique, la méthode libérale a livré en deux ans ce que des décennies de socialisme avaient promis sans jamais tenir. Et ça profite d'abord aux plus modestes.
On peut détester le style de Milei — la tronçonneuse, l'outrance, les sorties improbables, il n'a rien d'un homme d'État classique. Mais on ne juge pas une politique économique au style de celui qui la mène. On la juge à ce qu'elle fait à la vie des gens.
Et les chiffres ont parlé.
Government regulations are stifling South Africa’s business productivity, the IMF says this week.
We’ve been highlighting this for years. #economy#markets#business#macro
360,000 of South Africa’s 400,000 net new jobs over the last five years came from the Western Cape.
The real reward? Seeing the impact on our communities and residents firsthand.
Watch the full #WCSOPA2026 behind-the-scenes video on YouTube: https://t.co/awdn3GwxSL
📮 Did you know?
In 1994, when ANC government took over, the South African Post Office employed about 63,000 workers and had over 2,700 branches across the country.
Fast forward to 2026…
Employees: around 4,000 or fewer
Hundreds of branches closed
The Post Office bankrupt and in business rescue.
So in just three decades we moved from 63,000 jobs → barely 4,000.
Yet the same government still stands on podiums promising to "create jobs"
The only thing growing faster than unemployment is government speeches about fixing unemployment 😭
This is what all companies should be allowed to do. Set a high bar for compliance to make a real difference. Allow a mix of current targets and equity-equivalent programs. This brings true economic empowerment to all South Africans. Never mind foreign fixed investment.
the National Gambling Board just reported R1.5 trillion in gambling turnover -- the highest ever recorded 💔💔
over 50% of working South Africans gamble with 27% of social grant recipients betting with grants
gambling operators are smashing record breaking profits in Africa 🎰
Young South Africans cleaning up the country; these are things we love to see!
The ANC is failing Potchefstroom like it fails wherever it governs.
Communities fixing public spaces themselves while paying rates and taxes shows how cruel the ANC is, sies!
MAKE THESE GUYS KNOWN!
Here are the basic questions you should ask about your city 👇
•Are your roads fixed?
•Is your water running?
•Is there proper sanitation?
•Is the city kept clean?
• Is it well maintained?
•Is it kept safe?
Forget race. Forget party. Forget rhetoric.
Judge leadership on delivery not identity.
#ServiceDelivery #FixOurCities
@nickhedley Oh for the day when voters vote based on government’s ability to deliver a safe working environment. That results in economic growth which ultimately benefits the voter.
The DA first made the call in May 2022 for Eskom to be declared a State of Disaster. In July we said we did not support the declaration of a state of emergency, but rather the declaration of a ring-fenced State of Disaster on Eskom that is fully accountable to Parliament.Get it?!
"If you depend on government too much in South Africa, you are bound to be disappointed."
Former CEO of First National Bank @MichaelJordaan talks South Africa's business future with Richard Quest.
People talk about political parties in the W. Cape being responsible for our rail revival. They are not. In the Western Cape one public servant, @rmaseko who serves as Prasa acting reg. manager has revived trains in Cape Town with a dedicated team. He is a giant at fixing things.