Posted inEnvironmentEquality

Ideas for tackling land reform in South Africa

By Kelebone Lekunya We have heard numerous shouts from South African politicians, business community (mostly white Afrikaner farmers) and ordinary citizens about the prospects and constraints of the radical land reform question in South Africa. The Economic Freedom Fighters (EFF), since its launch in 2013, has made it its business to champion expropriation of land […]

Posted inBusinessNews/Politics

We are rebuilding an economic apartheid instead of dismantling it

In the mid-1980s South Africa’s prime overdraft rate went to 25%, inflation rocketed to 20.9% and the apartheid government abolished the financial rand exchange rate system in 1983 as international banks refused to renew credit lines for South Africa. The world was punishing South Africa for being a pariah, a scum state, violating the fundamental […]

Posted inBusinessGeneralNews/Politics

Are Africa-China relations really a win-win situation?

By Zukiswa Mqolomba China’s Africa interface has received much public spotlight over the years. Public debate has been critical of whether China’s engagement translates into win-win benefits for Africa. South Africa’s left movement has gone as far as cautioning against “a new form of colonialism or imperialism”. As the world commemorates the 50th anniversary of […]

Posted inBusinessNews/Politics

The role of China on the African continent

The exponential rate of Chinese investment in Africa over the past few years has been noted with both optimism and scepticism by mainstream media, political commentators and influential role players in the developed and developing world. Opinions triggered by this new development are deeply polarised. A positive view of increased and concentrated Chinese investment on […]

Posted inBusinessNews/Politics

The importance of public spending

The existence of long-term growth effects from public spending is hardly contested in policy discussions. Growth literature that has emerged over the last 20 years supports the belief that public spending affects long-term growth. First, standard growth models explaining total output level as a function of factor inputs (capital and labour), as well as the […]

Posted inBusinessNews/PoliticsTech

The importance of technology in economic and social development

Technological innovation and Information Communication Technologies (ICTs) represent a way for developing world nations to foster economic development, improve levels of education and training as well as address gender issues within society. Entrepreneurship is crucial for economic development around the world. In countries such as Nigeria, Egypt and Indonesia, micro-entrepreneurs generate 38% of the gross […]

Posted inNews/Politics

Rethinking economic development

The challenges faced by nation states in the 21st century vary greatly in terms of economic development. Specifically within a development economics context, a paucity of useful and successful policy guidance is prevalent. As a result, more often than not, broad policy prescriptions have been formulated to attempt to address the economic problems of developing […]

Posted inNews/Politics

State capacity key to economic growth

Historically, in the developing world, active macro-economic and industrial policy on the part of the state is more often than not greeted with pessimism and scepticism. This very prevalent competency and trust-deficit emanates from valid concerns that the state — specifically in the developing world — is often too inefficient and too corrupt (sometimes both) […]