The disastrous effects of the midnight cabinet reshuffle are continuing and can be seen in the loss of business confidence and the falling value of the Rand. It’s like watching money burn. The value of our savings and pensions is going up in smoke and it’s hard to see where it will end. The Chamber […]
We hope that the promised increases in subsidies for students and universities will help to restore order and put tertiary educational institutions to work again. Unfortunately the students are impatient and the knowledge that university subsidies are to increase by 10.9% a year and student subsidies by 18.5% a year may not be enough. A […]
The Cape Chamber of Commerce has deplored the timing of the decision to prosecute the Minister of Finance, Mr Pravin Gordhan, on a charge of fraud. “The decision and the timing of the decision has already cost South Africa billions of rands and affects us all negatively,” said Ms Janine Myburgh, President of the Chamber. […]
THE ongoing attacks against the Minister of Finance, Mr Pravin Gordhan, are an indication of poor leadership and an inability to unite the cabinet in the interests of South Africa, says the Cape Chamber of Commerce and Industry. “President Zuma says that he is unable to interfere but nobody really believes this. He is standing […]
The future of South Africa is about much more than our credit rating. It is about our battle for survival.