Replacing a VAT increase with budget cuts is not a victory for unemployed and working-class South Africans but a defeat.
Replacing a VAT increase with budget cuts is not a victory for unemployed and working-class South Africans but a defeat.
The AIDC submission addresses the National Treasury’s fiscal policies, including the disproportionate weighting placed on debt-to-GDP as opposed to targeting reductions in poverty, inequality and unemployment.
The AIDC, in partnership with the Institute for Economic Justice, supported by the #StopTheBleeding campaign and the Tax Justice Network Africa (TJNA), submitted comments on South Africa’s Draft Global Minimum Tax Bill to the Finance Standing Committee.
On February 14th, independent activists, economists, and representatives from trade unions, social movements, civil society, and academic and government institutions met for a two-day conference on public debt and austerity. This conference was hosted in Cape Town ahead of the…
In a world where economic inequality remains a persistent challenge, voices advocating for change are rising louder than ever. Last week, the Alternative Information Development Centre (AIDC) and the Cry of the Xcluded joined forces to host the Economy and…
For too long, austerity has been the guiding principle of our economic strategy, promising fiscal responsibility while delivering hardship for those least able to bear it. Cuts to essential services, stagnant wages, and a widening wealth gap have become all…
As expected, the Treasury today put forward another austerity budget to Parliament. Tokenistic increases in social grants will not be enough to soften the deep social crisis faced by the majority of impoverished South Africans. The budget will also result…
On 21 February, we will be marching with community organisations, trade unions, and activist groups ahead of the 2024 budget speech, recognising that austerity will likely continue to be implemented in this coming budget. Reports from health sector workers speak…
The Alternative Information Development Centre and the Cry of the Xcluded will be hosting a two-day Economy and Austerity Mass Teach-In. This event is geared towards individuals with a keen interest in economic justice and social welfare. Participants can expect…
For the past several years, the South African government has implemented and gradually increased the depth of what can only be described as austerity measures. From 2013, consecutive national budgets have prioritised significant cuts in, and limitations on, government expenditure…
