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SOUTH AFRICA: Wage battle turnaround will lift unease
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DOI: 10.1108/OXAN-ES257872
ISSN: 2633-304X
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Living standards are set to decrease further, with the number of Africans in poverty projected to rise for the first time in two decades. Current debt relief initiatives look…
Yet market sentiment remains sceptical of Pretoria’s ability to deliver on the package, implement steep and politically contentious expenditure cuts and boost growth. Meanwhile, a…
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DOI: 10.1108/OXAN-DB257441
ISSN: 2633-304X
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However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…
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DOI: 10.1108/OXAN-DB257211
ISSN: 2633-304X
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SOUTH AFRICA: Debt plans face manifold challenges
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DOI: 10.1108/OXAN-ES257180
ISSN: 2633-304X
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SOUTH AFRICA: Recovery plan will face familiar hurdles
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DOI: 10.1108/OXAN-ES256905
ISSN: 2633-304X
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The pandemic has sharpened questions about the role of South Africa's extensive social grants system in wider economic policy. In particular, emergency provisions have focused…
SOUTH AFRICA: Worsening jobs crisis will raise unease
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DOI: 10.1108/OXAN-ES256564
ISSN: 2633-304X
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Uncertainty persists over SAA’s turnaround strategy, as well as that for other ailing SOEs including arms manufacturer Denel and the Land Bank. Operational problems at troubled…
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DOI: 10.1108/OXAN-DB254066
ISSN: 2633-304X
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President Cyril Ramaphosa, who had been under escalating pressure from business and organised labour to reopen the economy fully, justified the relaxation by citing reductions in…