Governance and democracy

World Bank projects paltry GDP growth for SA in 2019

9 January 2019

South Africa’s real GDP growth will expand by a paltry 1.3% in 2019, according to a World Bank projection, putting it among the worst performers in sub-Saharan Africa.

The bank, which published its annual Global Economic Prospects on Tuesday evening, downgraded the country's projected 2019 growth rate from its June 2018 estimate of 1.8%. 

At 1.3%, SA’s projected real economic expansion will come in at under a third of the estimated 4.2% growth rate of its emerging market peers. It is also well below the projected sub-Saharan average of 3.7%.

Second member resigns from Ramaphosa's Eskom Task team

10 January 2018

A second member of President Cyril Ramaphosa's task team on Eskom has stepped down, the Presidency spokesperson Khusela Diko confirmed to Fin24.

Diko told Fin24 on Thursday via Whatsapp that Sy Gourrah head of ACTOM Power Systems had asked to leave the task team in December.

"She requested to be recused as the company she works for has dealings with Eskom and felt to avoid a potential conflict of interest, she asked the President to release her from the panel. The President acceded to her request," Diko said.

African leaders who held on tight to the reins of power

10 December 2018

DRC leader Joseph Kabila is still interested in running for president in 2023, after leading the country for 17 years.

Kabila is expected to leave office after the elections on December 23, which will be the first democratic transition of power since Kabila took office in 2001. 

Many leaders on the African continent have been known for clinging on to power beyond the democratic time frame. Here's a list of leaders who have not let go of power.
 

Education analysis misses the mark

A recent comment piece published in the Mail & Guardian (“Basic education is failing the economy”) expresses alarm at the performance of the schooling system and the implications for the economy. We share the fundamental concern that the school system still needs much improvement in order to contribute to economic growth and transformation, but unfortunately the analysis is weak.

Public finance is key to delivering the human right to health

12 December 2018 

Today, December 12, is an equally significant date: the very first official Universal Health Coverage (UHC) Day endorsed by the United Nations.

Universal health coverage is built on principles of equity and fairness, with health services allocated according to people’s needs and the health system financed according to people’s ability to pay.

Six women show up Madagascar’s infamous justice system

13 December 2018 

Crumbling walls crowded dirty spaces and tiny rations of dry cassava. Prisons are often a cruel place, especially in Madagascar.

All around the country, the stories of pre-trial detainees are disturbingly similar — poverty, poor education and weak police investigations. If a sniffer dog stops in front of your house, it can lead to you being held behind bars for years. 

You will have no access to lawyers while you await your trial date.

The manufacturing sector helps lift SA out of a recession

5 December 2018

Sick and tired of living in a recession? Well, Statistics SA has good news for you. The economy grew by 2.2% in the third quarter this year, meaning that the economy is growing and the country is no longer in a recession.

The 2.2% growth in the gross domestic product (GDP) in the third quarter — July to September — equates to an annualised 1.1% improvement from a year ago. The GDP measures the total output of the economy.

'Politicians have failed us': The despair of Nigeria's poor

25 November 2018 

Lagos, Nigeria - Emita Dida, a widowed mother of six, has been living in “Monkey Village” for more than a decade.

She is one of thousands of Nigerians to be calling this informal settlement in Lagos’ Ikeja neighbourhood home, sheltering in small shacks jammed together and constructed of rusted zinc.

“Life is difficult,” says Dida, who runs a street-food stall.

Cheryl Carolus to testify at Zondo commission

29 November 2018 

Former SAA chairperson Cheryl Carolus is expected to testify at the commission of inquiry into state capture chaired by Deputy Chief Justice Raymond Zondo on Thursday.

Advocate Paul Pretorius, who confirmed the former ANC deputy secretary general as the next witness, estimated that her testimony would only take "one day".

During her testimony Carolus will most likely touch on the South Africa to Mumbai route matter mentioned during former public enterprises minister Barbara Hogan's submission.

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