Economy

What’s up with the price of bread?

Nomsa Vumazonke buys two loaves of bread every day. She lives in Philippi with her three children and four grandchildren, and after making sandwiches for them says there is nothing left for her to eat. "Bread is too expensive. It's very hard. I have to buy bread for my children," she says.

Ben Stanwix

Feature | 1 April 2015

Eskom: a wake-up call to government and unions

Deputy president Cyril Ramaphosa persists in referring to the mess that is Eskom as “a challenge”. He did so in his Q&A session in parliament last week. But the situation at Eskom is perhaps the greatest crisis ever to face our fragile, non-racist democracy, especially given the global economic climate.

Terry Bell

Opinion | 23 March 2015

Life remains intolerably hard for most South Africans

Wednesday was Budget day in South Africa, an annual event for the state. But for most citizens, budget day is every day or, if they a slightly luckier, a weekly or monthly calculation to try to remain at least afloat economically. So what happened last week, along with the plaudits and the protests reflected in the media, will not cause any excitement for more than half the population.

Terry Bell

Opinion | 3 March 2015

Help us help you, Minister Nene

For 21 years, the Minister of Finance has tabled budgets announcing that large amounts of money will go to social services that are meant to improve the lives of the poor. But, even the staunchest government supporter would agree that the country has not derived full benefit from this money. Year after year the Auditor General, Public Protector and others report on inefficiency, poor accounting and corruption in all categories of public spending.

Albert van Zyl

Analysis | 27 February 2015

Budget 2015: What leading activist organisations want to hear from Nene

Finance Minister Nhlanhla Nene will present the budget speech to Parliament today. GroundUp spoke to several social movements and leading civil society organisations to find out what they would like him to address.

Mary-Anne Gontsana

News | 25 February 2015

“Consumers in debt should ask for help” - Flemix Advocate

Consumers who are struggling to repay their loans should take the first step and ask for help, advocate Piet Louw SC told the court on Monday.

Barbara Maregele

News | 24 February 2015

Love is Blind: The youth wage subsidy and the South African media

Some media houses are cheerleading for the youth wage subsidy, despite the available evidence strongly suggesting that it is already a R2bn waste of public money.

Doron Isaacs

Opinion | 19 February 2015

Why mining industry leaders should drive to Woodstock this week

The annual Investing in African Mining Indaba is once again under way at the Cape Town International Convention Centre. It is a rather depressed affair this year, with an unresolved regulatory regime, looming labour disputes and an energy crisis that makes investing in South Africa look a lot less interesting than in other countries in Africa.

Melissa Fourie

Opinion | 12 February 2015

Where the wealthiest ‘wine, dine, bribe and bully’

The annual World Economic Forum (WEF) extravaganza got underway last week as 700 private jets whizzed into the Swiss Alpine resort of Davos. This is a gathering where the heads of immensely rich corporations wine, dine, bribe and bully various power brokers and wannabe tycoons to do their bidding and to adopt policies that suit the corporate world.

Terry Bell

Opinion | 26 January 2015

Time for an economic alternative

The old ideas about economics are not working and we are in an unstable period, where alternative ideas should be considered, tested and grown, writes Sofie Geerts.

Dr Sofie Geerts

Opinion | 18 December 2014

Don’t touch me on my dreads

Anelisa Sonjola from Khayelitsha says that last week she was mugged. And robbed of her dreadlocks!

Pharie Sefali

News | 11 December 2014

Who is behind the airport shoe shine business?

Lere Mosieane Mgayiya dreamt of being a pilot. But when that didn’t work out he started the shoe shining business that you find in every major South African airport.

Zintle Swana

News | 11 December 2014

Moving up in Joe Slovo

Approved Joe Slovo housing beneficiaries, who were deemed to be “too young” by government to receive houses in October, this week moved into their new units at the N2 Gateway development. Other families, who remain behind in the informal settlement, and who are now being moved to make space for the next phase of the housing development, remain unhappy.

Daneel Knoetze

News | 5 December 2014

Bapo ba Mogale community loses out in Lonmin deal

It has taken Lonmin Plc a decade to cut the Bapo ba Mogale community a 3.3% slice of the company that mines platinum on its land. In the same period, Lonmin has served up an ownership share more than five times bigger to Shanduka Resources – a black empowerment
company founded by ANC stalwart Cyril Ramaphosa – and sauced it with a series of loans and dispensations to keep it fresh.

Brendan Boyle

News | 4 December 2014

Lonmin investor rapped over the knuckles

The powerful International Finance Corporation has been sharply rapped over the knuckles in an ombudsman’s report on its US $50 million investment in Lonmin.

Alide Dasnois

News | 3 December 2014

Donors respond generously to GroundUp article on sanitary pads

In November, GroundUp published an article on learners using socks and all manner of items as sanitary pads. Donations have been streaming in to the GroundUp offices ever since. These will be distributed to schools.

GroundUp staff

Brief | 2 December 2014