Page 28 - Centre For Development News Today

But it fiercely defended its independence.

South African firms, especially in the mining sector, have made serious gains this year from strong activity and high commodity prices, boosting government revenue as tax collection rises.

The governor of the Reserve Bank asks what role a state bank would play in a country where more than 80% of the population has access to financial services

South African Reserve Bank Governor, Lesetja Kganyago, said that future generations of South Africans should not be saddled with massive debt run up by politicians looking for short-term gains.

He said politicians need to realise there was no such thing as a free lunch.

Cofesa calls for an Africa Spring and urges government to ‘pick the low hanging fruit’ of deregulation to create a Modern Economy.

Udaya S Mishra (mishra@cds.ac.in) is professor at the Centre for Development Studies, Thiruvananthapuram. Balakrushna Padhi (padhicds@gmail.com) teaches at the Birla Institute of Technology and Science, Pilani Campus.

Mavuso Msimang said South Africa needed the kind transparency and closure following last month's unrest that could only be provided by a commission of inquiry.

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Centre for Development and Enterprise’s Ann Bernstein criticised the decision to move veteran Minister Lindiwe Sisulu from human settlements, water and sanitation to tourism.