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Author Archive | NKC African Economics

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Pravin_G

South Africa – Budget 2016… some thoughts

Finance Minister Pravin Gordhan pulled several rabbits out his Budget hat on Wednesday, February 24, when he delivered the first Budget Speech of his current, second term. However, the rabbit one marked ratings downgrade averted did not emerge, and markets appeared initially unconvinced that government could deliver on Mr Gordhan’s vision. That judgement may change […]

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South Africa’s ‘Strawberry Statement’

This past week, tens of thousands of mainly young South African university students protested against proposed fee increases next year. Their actions under the #FeesMustFall banner signalled the beginning of a protest movement that will eventually go far beyond tuition fee increases, inequality, transformation and injustice to a potential challenge to the political system itself. […]

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