The SARB and Reforming the Structure of the Economy


By Gareth B In recent months, SARB Governor Marcus has become more outspoken regarding the need for more action to be taken with regards to structural reforms, typically meaning action governmental policymakers should take to enhance the growth and employment prospects of the economy through legislative reforms. Back in June of this year, the Governor [...]

An Open Letter to the Minister of Economic Development from 2010


The following is an open letter addressed to the then- Minister of Economic Development for South Africa, Ebrahim Patel, written by IFP MP Mario GR Oriani-Ambrosini. The letter was written in 2010, and covers the problems of, and potential ways to reform, the fractional reserve banking system in South Africa. This letter is presented for the sake [...]

The Failure of BEE in Five Steps


By Piet le Roux Supporters of Black Economic Empowerment (BEE) argue that BEE promotes economic development, reduced inequality, social upliftment and other good causes. Actually, over the last decade, since the adoption of the Broad-Based Black Economic Empowerment Bill in 2003, the true main goal of BEE was the redistribution of capital according to artificial, [...]