Hilary Joffe

1 week ago | businesslive.co.za | Hilary Joffe

When President Cyril Ramaphosa celebrated Operation Vulindlela’s successes and launched its second phase at a flower-bedecked gathering at the Union Buildings this week you had to wonder whether he was doing its chances more harm than good. So successful has the unit been that the president has been inundated with demands to be part of it, said presidential spokesperson Vincent Magwenya. Ramaphosa suggested he might well add procurement to a new phase of Vulindlela. Talk about a poisoned chalice...

1 week ago | businesslive.co.za | Hilary Joffe

Thanks to the higher gold price, the local bourse has outperformed the S&P 500 over the past 15 months There is no urgency to modernise or scrap prehistoric ICT legislation Enoch Godongwana says other measures are more effective than wealth tax, which could result in high net worth individuals relocating Dada Morero says revenue collection approach will be overhauled to improve city’s liquidity Treasury will offer money over the next six years provided municipalities ring-fence revenue...

1 week ago | businesslive.co.za | Hilary Joffe

The South African Reserve Bank has come in for scathing criticism from the high court, which ruled it had abused its draconian exchange control powers.

1 week ago | timeslive.co.za | Hilary Joffe

Court orders Reserve Bank to unblock Ibex payments 04 May 2025 - 00:00 The South African Reserve Bank (SARB) has come in for scathing criticism from the high court, which ruled it had abused its draconian exchange control powers...

2 weeks ago | businesslive.co.za | Hilary Joffe

Trade, industry & competition minister Parks Tau pitched his planned R100bn Transformation Fund this week to a group of journalists, whose pointed questions made it clear they were sceptical at best. He seemed keen to soothe the concerns of the private sector, with which he hopes to partner on the fund. His answers sought to reassure that it isn’t some sort of land grab, designed to pull black empowerment money the private sector is already spending into the hands of the public sector.