It is difficult to move forward with the country’s Infrastructure Build Programme when we leak billions of rands due to violent protests that destroy infrastructure, writes @Kgosientsho_R
https://t.co/ojamoVUzme
In the 3rd quarter of 2009 - unemployment was 24.5%. Ten yrs later, 3rd Quarter of 2019 unemployment is 29.1%. Its a crisis of macro-economic policy. Somebody believes that austerity and tight monetary policy will kickstart the economy.
Of the 3 sectors that are growing in South Africa, 'Personal Services' is a notable one: dry cleaning, hair cutting and preparation, going to the doctor, going to the lawyers and cultural and creative industries.
@IsaahMhlanga@SAReserveBank@KganyagoLesetja It is a matter of fact that Govts delegate monetary powers to independent agencies i.e Central Banks. It is only natural for the institutional characteristics of agencies to be debated. The clip represents an extremely limited view of the debate about the evolving role of CBs.
@iammuziemathema@tito_mboweni Its not the crisis of the unbankable, its a crisis of inequality and banks being the ultimate custodians of wealth for the few.
#WinnieMandela She was not only the icon of South Africa, a legend, the daughter and the soul of SOWETO. She was the face of resistance against oppression. Her scars were the price of liberation. Her pain was our freedom. Our freedom her peace. RIP Mama wesizwe.
It looks to us that $1.5 trn of Africa's $2.2 trn of GDP (2017) has signed up for the African Continental Free Trade Area #AfCFTA so far. This would rise from 60% to 80% of Africa's GDP when SA signs up and reach 95% of Africa's GDP if Nigeria signs up
I am very proud & our community in Garankuwa is ecstatic that their daughter/sister has climbed another step on the ladder of academic achievement. South Africa must continue the march of transformation.👏🏽👍🏼👊🏽Prof Phakeng @FabAcademic . #SApride https://t.co/g8kafrFkId