Finweek - English

Will African states use Covid-19 to grab more power?

never let a good crisis go to waste, SirWinston Churchill may, or may not, have said. Many politicians and economists are now taking that advice anyway, capitalising on the Covid-19 crisis, to advance their own agendas or justify their pet theories.

In South Africa, for instance, the a strong anti-smoker, seems controversially to have browbeaten President Cyril Ramaphosa into reversing policy and imposing a ban on tobacco and cigarette sales during the lockdown. The minister of trade and industry, Ebrahim Patel, likewise banned e-commerce partly because of “the impact on other businesses”.

You’re reading a preview, subscribe to read more.

More from Finweek - English

Finweek - English3 min read
Keep On Keeping It Simple
recently I had a Covid-19-compliant coffee with some investors who’d started investing around ten years ago. We were chatting about stocks, market crashes and the like but then the conversation took an interesting turn. I asked what they believed to
Finweek - English6 min read
The A-Z Of Investments
On 1 November, South Africans took to voting stations to cast their votes in the municipal elections. However, the result was not what either the ANC or the DA had hoped for, with 46% of the country having supported the ANC and 22% the DA. This is a
Finweek - English2 min read
A Rise In Buying Interest
established and listed on the JSE in 1996, Netcare is the third-largest private hospital operator by market value in SA. It employs just over 21 000 people, with 51 hospitals, 10 605 registered beds and 422 theatres. Netcare has managed to retain fir

Related Books & Audiobooks