The Alternative Information & Development Centre (AIDC) argues that the proposed fiscal framework for the 2026 Budget may worsen poverty and unemployment in South Africa, which is the most unequal country in the world.
The Alternative Information & Development Centre (AIDC) argues that the proposed fiscal framework for the 2026 Budget may worsen poverty and unemployment in South Africa, which is the most unequal country in the world.
The South African Reserve Bank (SARB) has hiked the interest rate by another 75 basis points. The repo rate will now increase to 6.25%, and the prime rate to 9.75%, from 9%. This is like pulling the handbrake on the…
By Dick Forslund | Daily Maverick | 07 June 2022 Dick Forslund is a senior economist at the Alternative Information and Development Centre, which produces the activist magazine Amandla. On 2 June, Business Maverick (BM) reported that the government had “made a…
