The legal problem with Treasury’s new capital controls
New exchange control proposals depend heavily on discretionary approvals and exemptions that invite inconsistency, unpredictability and arbitrariness…
Suggestions
Political suicide for the ANC in Joburg
After Enoch Godongwana’s eviscerating letter to Joburg, the majority party in the metro has vanishingly few places to turn…
Exchange control and crypto: how Treasury fossils flunked it
South Africa’s new crypto regulations are as inflexible and out-of-step with a new world order as existing Apartheid-era exchange controls…
Fuel relief puts Godongwana (and Kganyago) in a bind
Treasury’s fuel-price relief ends in July, and if the Iran war drags on, the prime interest rate could surge above 11.5%…
RAF dealt twin blows by SCA – with no clear path to pay
Two legal findings against the RAF will only add to its parlous financial position…
Can Postbank survive as SAPO liquidation closes in?
An inexplicable R4.2bn write-off has blown a hole in Postbank’s capital position – and may finally scupper its banking ambitions…
RAF’s unpaid claims explode to R100bn
Unpaid claims have soared to more than double the Road Accident Fund’s budget. And there are no solutions (yet) to its staggering unravelling…
Rethinking sin taxes: Protect consumers, not criminals
National Treasury keeps scoring own goals – including its insistence on imposing above-inflation increases in excise duties…
Godongwana claims control of new 3% inflation target
The finance minister made clear that lowering the inflation target to 3% was his call, in a move that could reset monetary policy for…
Former Treasury DG resigns in the wake of corruption allegations
Could it be that the penny is dropping? Former Treasury director-general Dondo Mogajane has announced he will step down as CEO of the Moti…
Most Read
Spar should not be listed on the JSE
Spar is its network of independent retailers. But their rights…
Carpe per diem: how Brics has lost its clout
The gathering of the Brics foreign ministers in New Delhi…
Real Politics: why the ANC can’t afford to lose Ramaphosa
The NEC has closed ranks behind Ramaphosa after the Phala…
The legal problem with Treasury’s new capital controls
New exchange control proposals depend heavily on discretionary approvals and…
