Blog
Ada Jansen, Wynnona Steyn and Abena Larbi-Odam
With just days to go before the rescheduled 2025 Budget Speech, South Africa faces a ZAR 60 billion revenue shortfall amid slowing economic growth and diminishing international aid. The initial proposal to increase VAT from...
March 2025
Public revenue
Blog
Michelle Pleace
The 1995 Beijing Declaration and Platform for Action set ambitious goals for equality, development, and peace for women worldwide. Endorsed by 189 countries, it reaffirmed that women’s rights are human rights and called for their...
March 2025
Blog
Mokgadi Julia Ngoepe-Ntsoane and Akinboade Oludele Akinloye
South Africa’s energy sector is undergoing a transformation. The suspension of load shedding—planned, rolling power outages to prevent grid collapse — for over 300 days signals progress in stabilizing electricity supply. However, rising electricity prices...
February 2025
Climate and energy
Blog
Sebastian Ssebuyira and Raisibe Gololo
In recent years, UNU-WIDER has partnered with sub-Saharan African governments to establish secure data labs that provide researchers with access to anonymized administrative tax data for economic research. Two notable examples are the Uganda Revenue...
February 2025
Enterprise development
Public revenue
Labour market and inequality
Blog
Christopher Axelson, Jukka Pirttilä, Antonia Hohmann, Roxanne Raabe, Nadine Riedel
South Africa faces a dual challenge of limited fiscal space—the need to raise sufficient revenues to finance public services—and high levels of inequality. One possible solution is to raise tax rates on the rich. If...
August 2024
Public revenue
Blog
Abishek Kumar, Sushanta Mallick and Abena Larbi-Odam
In recent years, governments worldwide witnessed a surge in debt levels . According to the Institute of International Finance, global debt reached a staggering USD 315 trillion in early 2024 , with sizable increases in...
AUGUST 2024
Macro-fiscal analysis
Blog
Richard Kima
In 2024, central banks worldwide are confronted with the challenges of juggling inflation control , economic growth, and the preservation of financial stability. A new report from the United Nations Department of Economic and Social...
MAY 2024
Macro-fiscal analysis
Blog
Katrien Smuts
In monetary policy communication, every word carries weight. Consider this scenario: the South African Reserve Bank (SARB) articulates its stance to anchor inflation expectations , yet this message undergoes subtle transformations when translated by the...
April 2024
Blog
Hylton Hollander and Roy Havemann
Over the past decade, the interest rate that South Africa pays on its debt has consistently been above the economic growth rate. Mathematically, this means that debt grows as a percent of GDP. It becomes...
March 2024
Macro-fiscal analysis
Blog
Aimable Nsabimana and Abena Larbi-Odam
Sub-Saharan Africa has abundant natural resources and a substantial market, with an estimated population of 1.2 billion. The population is projected to grow by nearly 80% and reach almost 2 billion people by 2043. This...
February 2024
Blog
Michelle Pleace, Matthew Clance, and Nicky Nicholls
New analysis of income data in South Africa shows the gender pay gap—how much more men earn than women—has increased. According to findings from a study conducted on the SA-TIED programme, in 2021, women in...
January 2024
Public revenue