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Darlene Creamer

MONSTROUS CURVE

11th June 2021 South Africa’s official unemployment rate increased to a terrifying 32.6% in the first quarter of 2021, the highest level since the report was introduced 13 years ago. On the expanded definition the picture is far worse, at 43.2%. Frighteningly, only 15-million of South Africa’s 39.5-million... 

MUSCULAR EFFORT

4th June 2021 South Africa’s phased mass vaccination effort is finally under way, with health workers and people over 60 receiving priority under the initial stage of Phase 2. Success in scaling up the campaign so that the majority of the adult population is inoculated before year-end is now critical if a... 

PRICE GYRATIONS

28th May 2021 The iron-ore price has come under the spotlight this month with both sharp daily gains and steep declines recorded. The volatility has led to questions about whether the iron-ore price is responding to super-cycle-type conditions, or whether it is simply riding a speculative roller-coaster. Time... 

WAVE WARNING

21st May 2021 As South Africa faces a third Covid-19 wave, it’s crucial that we don’t let down our guard, despite the fact that we are all extremely tired of the living under ongoing restrictions. For now, mask wearing, physical distancing and hand hygiene remain our best defence ahead of a mass vaccination... 

WEIGHED DOWN

14th May 2021 Opposition to the South African government’s awarding of preferred-bidder status to power ships as part of a recent electricity procurement bidding round continues to grow. Besides ongoing questions over whether it is technically, economically and environmentally sensible to be entering into... 

OWN GOAL

7th May 2021 While football fans, especially in England, were angrily protesting a fatally flawed plan to create a closed-shop super league for a handful of elite European clubs, anger was growing in South Africa over the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), which is... 

ROAD LESS TRAVELLED

30th April 2021 South Africa is big on shiny new things, including mega infrastructure projects. The country is less big, however, when it comes to maintaining that infrastructure across its full life cycle. While the recent fire at Johannesburg’s Charlotte Maxeke Academic Hospital put a spotlight on... 

HIKES & LEVIES

23rd April 2021 The fuel price and power tariff hikes implemented at the start of this month bring back painful memories of surging energy prices ahead of the Covid-19 pandemic. They have also placed the spotlight on the additional taxes and levies that are included in South Africa’s fuel prices, as well as the... 

END OF THE BEGINNING

16th April 2021 There is no question that South Africa has been sluggish in its preparations for a mass vaccination campaign to combat the Covid-19 virus. Nevertheless, the ‘end of the beginning’ is at last in sight, with the procurement of sufficient doses of both the Johnson & Johnson and Pfizer vaccines to... 

DEBT SHEDDING

9th April 2021 The unsustainable nature of Eskom’s debt profile is well known. Less clear, however, is what should be done about it. The State-owned utility has indicated on several occasions that it would be able to wean itself off of ongoing taxpayer support with a debt burden that is half the current level... 

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