Mmegi

Five reasons to be hopeful about the economy

Coming soon: NexMetal’s revival of BCL has already received support to the tune of $150m 
PIC: NEXMETALSMINING.COM
Coming soon: NexMetal’s revival of BCL has already received support to the tune of $150m PIC: NEXMETALSMINING.COM

The economy is likely to shrink again this year, due to the prolonged diamond downturn and government’s decreased ability to spend. However, despite the clouds, there are bright spots both now and into the future. Staff Writer, MBONGENI MGUNI writes on some of these

No one needs to be reminded that the economy is in trouble. It doesn’t take the 5.3% contraction in the second quarter to tell you that economic activity and opportunities have significantly tightened.

Much of the challenges are linked to the downturn in diamonds, which is now impacting on government revenues - the main driver of private sector activity and growth.

Editor's Comment
Child protection needs more than prevailing laws

The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...

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