Economics

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STUART THEOBALD: SAA and Acsa are giant red flags for private investors in SOEs

October 14, 2019

It is clearly the case that Eskom would shed jobs in a financial turnaround. But just think of the destruction to employment that has been caused by Eskom’s dysfunction: the deindustrialisation of...

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RECENT POSTS

PETER ATTARD MONTALTO: Where action is at odds with rhetoric

October 7, 2019

This column was first published in Business Day Some deep questions are raised by the ANC’s national executive committee statement last week and rotate on […]

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STUART THEOBALD: Old Mutual clings to its principles, but a Moyo payout may have cost less

September 30, 2019

It takes a rather pigheaded commitment to principle to tide it out, and shareholders can rightfully ask why they’re being forced to pay the cost. Manuel and the rest of the board have a task ahead...

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Why prescribed assets are a bad idea

September 25, 2019

By: Stuart Theobald Prescribed assets are increasingly being looked to as a solution for both urgent and longer-term development funding needs. This is a mistake. […]

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PETER ATTARD MONTALTO: No, it will not be all fine in the end

September 23, 2019

I think there is a subset of ministers who actually do understand that the country is fundamentally in the wrong place. The problem is the system itself hasn’t flipped, given the lack of political...

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STUART THEOBALD: Business needs help in renewing its faith in the future

September 16, 2019

Our problem is the implementation. So far there are no implemented and reliable policies that business decisionmakers can see that will shift their return/risk expectations positively.

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STUART THEOBALD: Bootleggers and Baptists are holding up SA’s economic recovery

September 3, 2019

Two things are needed to break through the resistance: leadership and a just transition. A just transition that accommodates legitimate interests who stand to suffer short-term pain, is one way to...

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PETER ATTARD MONTALTO: Q&A with Ramaphosa gives reason for hope, capped by lack of reform

August 26, 2019

Much rhetoric but lack of dial-moving action are  leading to frustration among business. The foremost example of this has been the reaction of the telecoms industry to spectrum after the Q&A last...

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STUART THEOBALD: Unequal access to health care must change, but let’s also face reality

August 19, 2019

The debate over NHI has been characterised by a lack of positive alternatives that would meet constitutional muster. It is time we as a country are honest about both our means and our obligations.

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PETER ATTARD MONTALTO: Sipho Pityana’s Busa letter shows despair can be useful

August 12, 2019

A kind of mass hysteria is breaking out, some of it justified. Sentiment is getting weaker because nothing is being done

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PETER ATTARD MONTALTO: SA tumbles in a slow-motion crash

July 29, 2019

Gains from improved collection by new management at the SA Revenue Service will be offset by emigration and lower growth than forecast. There are no gains to be had from higher taxes — they will...

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STUART THEOBALD: Flurry of takeover moves creates false idea of a bright future

July 22, 2019

SA’s companies are being targeted in a deal-making spree. Last week, PepsiCo launched a bid for Pioneer Foods, Clover got Competition Commission approval to be bought out by Israel’s Central...

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STUART THEOBALD: Lower-cost housing finance needs to be more readily available

July 8, 2019

We want urbanisation to accompany widespread property ownership to ensure residents have a vested interest in urban development. While we have made much of the importance of giving people title to...

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