Media

Budget Review – Good, Bad And Ugly

February 24, 2022

The market reaction to the budget tells you everything. Much of the good news priced in. But as the Budget review reminds us It’s important to remember how we got here – and to ensure that history does not repeat itself. From 2008/09, South Africa experienced more than a decade of stagnating economic growth, weighed down by longstanding structural constraints. At the same time, state capture drained the country’s confidence and resources. A series of economic shocks and unbudgeted expenditures resulted in a massive deterioration of the public finances. And then came COVID‐19. Let’s welcome our panel to review the budget after the dust has settled: • Mamello Matikinca, Chief Economist at FNB • Dr Miriam Altman, economist and professor of 4IR at UJ, • Peter Attard Montalto, Head of Capital Markets Research at Intellidex • Mathew Parks, parliamentary coordinator for Cosatu

How will the Budget Speech 2022 affect ordinary South Africans in their daily lives

February 23, 2022

Economist Sifiso Skenjana, Senior Lecturer at Regenesys Business School Annatjie van Rooyen, Professor at University of Johannesburg’s College of Business & Economics Dr Miriam Altman, and South African United Business Confederation CEO Jackie Mpondo Hendricks weigh in on #BudgetSpeech2022. Tune into Newzroom Afrika, DSTV channel 405 for more details.

WATCH: Budget 2022 preview

February 22, 2022

What do they say about statistics being like bikinis, conspicuous for what they conceal more than reveal? One could argue the same thing about South Africa’s recent revenue windfall, which, to some, will paper over the cracks in SA’s fiscal position. But peel away that temporary largess and the facts are stark. We spend 12.7c of every rand collected in taxes on serving government’s ballooning debt. Along with over 33c paying government wages and another 20c on social grants. That leaves roughly 34 cents to spend on everything else. If this was your household and you were paying your children a fifth of your salary to live with you after school, a third of your salary on your household staff and borrowing to fund the monthly groceries and paying 12% of your salary to service your credit card, you’d be sent to debt counselling. But more than that the country finds itself on the horns of a political dilemma hitherto unseen in the democratic era. Record unemployment, social unrest, and insurrection ride roughshod over confidence and the reform train while moving has yet to gather the required momentum to convince markets that South Africa is a welcome place for investment. Let’s welcome our panel to preview the budget Mamello Matikinca, Chief Economist at FNB; Dr Miriam Altman, economist and professor of 4IR at UJ; Peter Attard Montalto, Head of Capital Markets Research and Intellidex & Mathew Parks, parliamentary coordinator for Cosatu

Budget 2022 | The debt trap

eNCA speaks to UJ Professor of Business and Economics, Miriam Altman. Courtesy #DStv403

Economic recovery one of Ramaphosa’s central focus points

February 11, 2022

President Cyril Ramaphosa yesterday delivered his State of the Nation Address at the Cape Town City Hall. Economic recovery was one of Ramaphosa’s central focus points. The president said government would assemble a task team to help companies do business and gain access to funding, thus creating employment. When it comes to State Owned Enterprises, the president said a task team is working on evaluating and consolidating SOEs and their function. Professor Miriam Altman from the College of Business at the University of Johannesburg, weighs in on the president’s speech.

Ramaphosa SONA on job creation

President Cyril Ramaphosa has committed to creating an environment that will help small businesses to create jobs and for legislation hampering informal traders from doing business to be amended. He was delivering the State of the Nation Address last night at the Cape Town City Hall. He has appointed the former chairperson of the Small Business Institute to lead a team that will make these changes. He has also announced that hemp and cannabis will be industrialised and has encouraged localisation.

Guest: Miriam Altman – Professor of 4IR Practise at the University of Joburg’s School of Economics and Director of Altman Advisory

Glacier Investment Summit 2021

November 30, 2021

Building socio-economic resilience in South Africa

National Infrastructure Plan

November 18, 2021

BIG debate rages on

August 13, 2021

Basic Income Grant debate rages on. BDTV, August 13, 2021