The 12-day strike by some 40,000 Transnet workers may have a lasting and undesirable impact on the country's ports. Most such facilities functioned at between 12 and 30% of daily capacity, with the mining sector losing around R1-billion a day.
Chris Hattingh
Chris Hattingh is Executive Director at the Centre For Risk Analysis (CRA). With a special focus on trade, investment, and economic matters, as well as foreign policy, Chris serves on the Executive Board of the Global Trade and Innovation Policy Alliance, sits on the advisory council of the Initiative for African Trade and Prosperity and holds the position of Senior Fellow at African Liberty. Chris holds an MPhil (Business Ethics) degree from Stellenbosch University. In his role at the CRA, Chris leads strategic engagements and briefings to clients across South Africa, as well as globally.
Growth prospects have deteriorated across the continent, including for SA.
Patronage networks will not surrender their access to resources without a long, costly fight.
“On this point, Kganyago said: “Trying to deal with social needs simply through more spending, more debt and higher tax doesn’t really cure the patient, but rather limits the pain while accepting continued decline.“
In early September Chief Justice Raymond Zondo delivered the keynote address at an event organised by News24. In speaking on the topic of state capture, and whether he thinks something similar could happen again in the future, the Chief Justice indicated that he thought there was a high likelihood the ANC would once again fail to use its majority in parliament to deal with it.
The rest better start state-proofing their communities and businesses.
8 September 2022 - Senior Policy Analyst, Chris Hattingh, explores the growing financial pressure on emerging markets (EMs). As EM governments borrow more to fund infrastructure and welfare spending, the risk of debt crises rises.
Wishing differently doesn’t change reality; all the pronouncements of the state cannot just force wealth creation into being. With less economic freedom comes more dependence on the state – a necessary feature, not an accident, of the ideology that is the National Democratic Revolution (NDR).