What Is Austerity? [Parts 1 + 2] Part 1 Austerity measures aim to reduce public expenditure through spending cuts and tax increases. These cuts and increases are designed to help governments meet their obligations to pay back loans. Austerity measures…
US Support for TRIPS Waiver: Good, But Not Good Enough Peoples Vaccine Campaign | Statement | 07 May, 2021 The Peoples Vaccine Campaign [PVC] of South Africa welcomes the US government’s support for a waiver of provisions of the World Trade Organisation’s…
US-backed global minimum tax will not stop transnational shenanigans Jaco Oelofsen | BusinessDay | 03 May 2021 Their profits are not made in New York offices but through exploitation of the poor in developing countries Profits of transnational corporations rarely…
PVC Steering Committee Statement on the No Fault Compensation Fund for Covid-19 Vaccines. Peoples Vaccine Campaign | Statement | April 2020 The Peoples Vaccine Campaign (PVC), which was established in January 2021 in response to the slow progress made by…
As Covid-19 ravaged the country, the glaring holes in the country’s healthcare system were severely exposed. The systematic gutting of the sector via austerity has left the country ill-prepared for the crisis, watch as Alex Mashilo of the South African Communist Party explains.
As South Africa experiences severe budget cuts, many are criticising the government for its “austerity”. But what is it and why is it bad?
In this short clip Busi Sibeko of the IEJ and Zwelinzima Vavi of SAFTU help explain it
Mboweni’s DA budget: finance minister and ANC government turn against their own people Joint Statement on 2021 Budget | 25 February, 2021 While Tito Mboweni delivered the government’s budget speech, movements took to the streets across the country, voicing our…
The unemployment figures are even worse than they appear to be Alternative Information and Development Centre Statement, 24 February Ahead of the 2021 Budget Speech, the latest Quarterly Labour Force Survey (QLFS) figures released by Stats SA paint a gloomy…
The great wealth tax debate: How to fund a constitutional state Tim Cohen writes that it would be both unfair and counterproductive to introduce “a wealth tax”. He quotes Judge Dennis Davis saying “while a wealth tax would add to the legitimacy…
SARBs failure to reduce the interest rate in a time of crisis must not go unchallenged Statement by the Alternative Information and Development Centre (AIDC) 22 January, 2021 It is a disgrace that the South African Reserve Bank (SARB) failed…
