This paper:
The study reviews the SOC and development finance institute landscape in terms of the functions and size of the various entities. It then looks in more detail at Eskom, SANRAL, Transnet and Denel.
It concludes with a discussion of some common shortcomings identified in the analysis of the four SOCs.
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
Since the pandemic and the economy have stabilised, this will be the last Tracker. TIPS will continue to publish periodic in-depth analyses of developments and debates around recovery and reconstruction. Our quarterly Real Economy Bulletin will also include a section on the impact of the pandemic on the economy.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download the Tracker or read online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
Over the next few months, the Tracker will explore the challenges facing different industries, looking in this issue at autos and music.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download the Tracker or read online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
Over the next few months, the Tracker will explore the challenges facing different industries, starting in this issue with steel and tourism.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download the Tracker or read online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download the Tracker or read online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download the Tracker or read online
The COVID-19 pandemic has dealt a body blow to the global economy, and South Africa is no exception. Recovery will not succeed, however, unless it addresses the long-standing blockages to inclusive growth. That in turn requires both immediate efforts, to minimise the economic impacts of the pandemic even while it still rages, and longer-run strategies to diversify the economy away from mining and to ensure greater equality in education, workplaces, and access to assets. These kinds of strategies inevitably require innovation and consequently entail risks, as well as running into resistance from the beneficiaries of the status quo. But South Africa will not achieve either higher growth or social cohesion unless it does more to promote a more inclusive, diversified and equitable economy.
This policy brief reviews the short- and long-run impacts of the pandemic on the economy, followed by proposals for moderating these impacts while laying the foundations for faster, more equitable and more inclusive growth after the pandemic ends.
Download a copy or read Policy Brief online.
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download the Tracker or read online
As South Africa responds to COVID-19 and aims to stimulate the economy and job creation post the lockdown through an infrastructure-led package, an opportunity should not be missed to address many of the water and sanitation challenges in the country. This is much needed and would provide multiple benefits, not only for the economy but also for the poor communities that need the infrastructure and services as well as municipalities that require strengthening of their water and wastewater infrastructure. This policy brief looks at the benefits of including water and sanitation in the country’s stimulus package and considers possible avenues to do so.
Download a copy of the Policy Brief or read online.
This policy brief is a summary of a Working Paper available here: A case for water and sanitation in South Africa's post-lockdown economic recovery stimulus package
As South Africa responds to COVID-19 as well as aims to stimulate the economy and job creation post the lockdown through an infrastructure-led package, an opportunity should not be missed to address many of the water and sanitation challenges in the country. This is much needed and would provide multiple benefits not only to the economy but also the poor communities that need the infrastructure and services, as well as municipalities that require strengthening of their water and wastewater infrastructure. This working paper looks at the benefits of including water and sanitation in the country’s stimulus package and considers possible avenues to do so.
For a summary version of the working paper see Policy Brief: A case for water and sanitation in South Africa's post-lockdown economic recovery stimulus package
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download the Tracker or read online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download a copy or read the Tracker online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download a copy or read the Tracker online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the pandemic
On the economy
Download a copy or read the Tracker online
This TIPS tracker highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. It analyses publically available data, research and media reports to identify current developments and reflect on the prognosis for the contagion, the economy, and policy responses.
KEY FINDINGS FOR THE WEEK
On the economy
Download a copy or read the Tracker online
Presentations
Neva Makgetla: TIPS COVID-19 Tracker: The economy and the pandemic
Owen Willcox: The macroeconomic response to the COVID crisis
Gaylor Montmasson-Clair: A case for a green and just economic stimulus package
Media
Why QE is the best way to fund stimulus needed to get SA throughCovid-19 crisis (LynleyDonnelly - Business Day 4 June 2020)
Placing green stimulus at heart of South Africa's postpandemic recovery would yield big co-benefits (Terence Creamer - Engineering News 4 June 2020)
Background
The 2020 forecast for South Africa's economic growth at -7% would be the worst since democracy, and is likely to come with massive job losses and firms closing down. There are however options to mitigate the economic impact of the disease. They include a shift in the macro-economic approach as well as ramping up new industries, including renewables. This Development Dialogue will start with a review of the latest trends in the pandemic and the economy, and then consider at-scale responses to the economic downturn.
About the Speakers
Baba-Tamana Gqubule is a senior economist at TIPS and has experience as a Policy Analyst at the Economic Development Department.
Owen Willcox is a Principal Consultant at Oxford Policy Management and previously worked at National Treasury for 11 years.
Gaylor Montmasson-Clair is a senior economist at TIPS. Gaylor has written extensively on the green economy, renewables and the just transition.
Neva Makgetla is a senior economist at TIPS. Dr Makgetla has published widely on the South African economy and worked for many years in government.
COVID-19 is having a massive disruptive effect on the local and global economy. Since the start of the outbreak, TIPS has prepared and commissioned a number of research reports and policy briefs on the economic impact of the pandemic, and is now producing a weekly Tracker on the economy and the pandemic. TIPS has also held seminars and participated in several panel discussions on the economic impact of COVID-19.
Working papers
TIPS Tracker on the economy and the pandemic highlights important trends in the COVID-19 pandemic in South Africa, and how they affect the economy. This issue also looks at the challenges facing the auto and music industries. See 21 September - 4 October 2020.
As South Africa responds to COVID-19 and aims to stimulate the economy post lockdown through an infrastructure-led package, an opportunity exists to address many of the electricity-related challenges in the country by unlocking the potential of renewable energy technologies. This policy brief looks at the benefits of including renewable energy in the country’s stimulus package and considers possible avenues to do so.
Download a copy or read the policy brief online.