This week, the IMF approved a funding request for South Africa under its Rapid Financing Instrument (RFI) programme.A number of concessions have applied, ranging from the annual quota allowed to the terms of engagement.In the RFI programme, the IMF indicates no contentious conditions are attached to it, even though a road map towards repayment is…
There was an expectation that essential services would resist the temptation to engage in questionable behaviour during the lockdown.It is therefore difficult to reconcile the conduct of Dis-chem - a supplier of healthcare products - during the current crisis.The company has nonetheless decided to appeal a R1.2 million penalty imposed upon it for price gouging.A…
The dilemma of running a balanced public budget is inevitable where there is a divergence of economics and politics.Economics calls for sacrifices and trade-offs, while politics is committed to a quest for re-election.A lack of consensus among the political elite leads to a loss of legitimacy. Inadequate allocations in key areas may result in a vicious…
Taxi commuters are facing a pay hike.An increase in transport costs isn't linked to an increase in wages, so a hike in transport costs deepens the wedge between wages and take-home pay. Where spatial planning and lack of infrastructure development leave limited viable transport options, consumers are the ones who lose out. The journey from…
5 min read WHEN THE JUSTICE Department released a trove of Epstein-related files on January 30 and then pulled down thousands of pages after redaction failures exposed victims’ identifying information and explicit material, I felt a familiar gut-drop. Once again, the people with the least power were being asked to pay twice—first for the abuse
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It’s the rare policy question that unites Republican Gov. Ron DeSantis of Florida and the Democratic-led Maryland government against President Donald Trump and Gov. Gavin Newsom of California: How should health insurers use AI? Regulating artificial intelligence, especially its use by health insurers, is becoming a politically divisive topic, and it’s scrambling traditional partisan lines.