The economic history of
the Republic of South Africa
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Land and agriculture in
the Republic of South Africa
The Republic of
South African state debt
and structural adjustment in the RSA
in the Republic of South Africa
- 1997 Budget
- Budget Speech by Trevor Manuel, 12 March 1995. A solid
foundation has been laid with the adoption of our deep,
modern and widely-respected Constitution. The support
provided by the Reconstruction and Development Programme
(RDP) remains firm.
- The Wealth of Promises and Poverty of
Content: An Occasion to Celebrate May Day?
- By Thami Madinane, New School of Social Research, 2 May
1995. The official Reconstruction Development Program
(so-called RDP) in South Africa has emerged as an important
mechanism to reproduce and maintain capitalist relations--a
system in which exploitation of workers, especially given
the fact that direct wage-cuts are almost impossible under
the new conditions in South Africa without the support of
the ANC and its few friends in the trade union movement.
- The general crisis of the post-apartheid
- By Thami Madinane, The New School for Social Research, 12
October 1995. The on going wave of labor strikes and the
stagnant manufacturing sector has raised the question of
relevancy of Keynesian economics in South Africa.
- Mayibuye, October 1995. The ANC Minister of
Trade and Industry is developing proposals to break the
hold that monopolies (like Anglo American) have over our
economy (and over our lives).
- S. African minister calls jobs threat
- Adds reaction from labour minister. By Melanie Cheary,
Reuter, 18 January 1996. Mining giant Anglo American
Corp of South Africa Ltd said on Thursday it might axe
10,000 jobs at the world's biggest gold mine. The
negative impact on society in southern Africa will
be too grave; it will be a tragedy of enormous political,
economic and social proportions
- RDP-growth and development strategy
- ANC Press Statement, 27 February 1996. The the Growth and
Development Strategy confirms the determination of Government
to take the country out of the quagmire of "jobless
growth." The ANC will continue to make an input into
the process, and it will seek to mobilise the people to
take their destiny into their own hands and achieve the
targets that have been identified.
- 'Black empowerment' in South Africa: democratic
advance or creation of an elite?
- By William Pomeroy, in People's Weekly World, 21 December,
1996. SACP and COSATU worry that Black purchase of white assets
creates an economic elite rather than economic justice.
- Neo-colonialism or great leap
- The Daily Mail and Gurdian, 14 November 1997.
The Investors' Conference into the Wild Coast Development
unveiled R12-billion worth of new projects, but critics
argue only a chosen few will benefit.
- Civic Society Wants A Pro-Poor
- By Farah Khan, IPS, 29 June 1998. In what promises to
be a showdown with the government, South African churches
and non-governmental organisations said the government
must reverse its macro-economic policies and draw up a
new pro-poor budget.
- The Current Global Economic Crisis and its
implications for SA
- Statement discussed and approved at the Alliance Summit, late
October 1998. The current instability and volatility in the
global economy over the last year is seriously affecting the
economies of both developed and developing countries. South
Africa's economy is integrally linked into the global economy
and we have not been left unscathed. Seeks to understand the
underlying nature of the crisis.
- Bank's Policies Create Poverty, Stifle
- By Gumisai Mutume, IPS, 13 January 1999. Employment creation
should be at the centre of any successful poverty alleviation
programme, says a World Bank economist, but South African
analysts argue that the Bank's own policies have done little
to stimulate employment in Africa.
- COSATU on Nedcor take over
- From COSATU, 16 November 1999. Nedcor's bid to take over Standard
Bank threatens 10 000 jobs in the banking sector. Unemployment
and job losses undoubtedly represent the biggest challenge of
our country at the moment. South Africa therefore does not need
any more retrenchments.
- Labor laws killing small businesses, South
African president says
- Nando Times, 6 Feburary 2000. "Unreasonable"
aspects of South Africa's labor laws are strangling small
businesses, President Thabo Mbeki said in an interview.
- Most companies fail to meet training
- By Reneé Grawitzky and Linda Ensor, in Business
Day, 8 March 2000. Thousands of employers who are
required to pay a training levy of 0,5% of their payrolls
have failed to meet the deadline to register for the
payments with the SA Revenue Service (SARS).
- Labour 'is committed to solving jobs
- Cosatu would oppose accord cutting wages of low-paid
workers. Reneé Grawitzky, in Business Day,
14 March 2000. While labor is committed to seeking a
solution to the economic crisis facing the country, the
Congress of SA Trade Unions (Cosatu) cautions that
labor can not enter into a national agreement to
stimulate jobs and growth if it reduces the income of
- Employers Unwilling To Retrain Workers
- By Glenda Daniels, in The Mail & Guardian
(Johannesburg), 28 April 2000. South Africa's Skills
Development Levy Act comes into effect on May 5 to kick
off a process that would see the retraining of the country's
10-million-strong workforce. However, more than 180E000
employers still have to register with the South Africa
Revenue Service (SARS) to comply with the provisions of
the new Act.
- New deal ahead for economy
- By Brendan Templeton, Business Report, 19 May
2000. A 'new deal' on South Africa`s economy would soon
be hammered out by labor and government on one side and
top business leaders on the other in a Codesa-style
process to be finalised at the National Economic
Development and Labour Council (Nedlac).
- Mbeki lashes WTO, globalisation for fuelling
- By Peter Galli, in Business Report, 25 May 2000.
The failure of globalisation to effectively address the
needs of developing countries was one of the main reasons
behind South Africa`s high unemployment rate and lack of
foreign investment, President Thabo Mbeki said yesterday.