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Redistributing wealth is no way to grow the economy

 14 Feb 19
Many South Africans and foreign investors are keenly awaiting finance minister Tito Mboweni’s Budget speech on February 20, probably wondering how he plans to balance the national accounts.…

The National Minimum Wage – a toxic, destructive instrument

12 Dec 18   Eustace Davie
The National Minimum Wage (NMW), signed into law by President Cyril Ramaphosa on 23 November, is set to harm a great many unfortunate people who currently earn incomes well below the NMW, and the many more who earn zero.…

Open the labour market

09 Nov 18   Jasson Urbach
The results of South Africa’s official unemployment statistics published by Statistics SA in the Quarterly Labour Force Survey (QLFS) reveal some alarming labour market trends.…

How to destroy jobs

17 Sep 18  
Jobs result from economic growth; don’t kill the goose that lays the golden egg: Free Market Capitalism…

Grinding the jobless into the ground with job deprivation rules

08 Aug 18   Eustace Davie
Much is written about inequality, decrying high salaries paid by companies to their executives as being one of its main causes, while no consideration is given, or attention paid to the plight of the unemployed.…