Early projections by the SARB are that the 21-day lockdown could see 370 000 job losses and 1 600 business insolvencies.

Mboweni had a ‘Hallelujah’ moment when President Ramaphosa told him that the Moody’s downgrade was the trigger to pursue structural reforms.

SA emerged from the 2008 global financial crisis in strong position. The opposite is likely after the coronavirus pandemic.

More than 30% down for 23 of the 40 largest so far this year...

The SA Reserve Bank’s monetary policy committee cut the repo rate by one percentage point from 6.25% to 5.25% on 19 March.

South Africa’s GDP has expectedly contracted by 1.4% in the fourth quarter of 2019, pushing the country into a technical recession.

Analysis of collections by Sars shows why things are not working in SA.