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The 2026 budget marks a turning point. South Africans remain sceptical, but with fiscal credibility up and funding stress down, the Holy Grail of debt stabilisation is finally within reach. This article, written by Claire Bisseker, first appeared as the cover story in the Financial Mail on 5 March 2026.
Read MoreRamaphosa’s reform push is finally gaining momentum. As a result, SA is currently enjoying a more stable macroeconomic backdrop than it has in years. But will it last or will the president be recalled by his party before his term is up, like his two predecessors. The BER’s analysts think Ramaphosa is just hitting his stride and will avoid becoming a lame duck. This article written by Natasha Marrian and Claire Bisseker, first appeared in The Business Day on 20 February 2026
Read MoreSeveral commentators are arguing that SA has turned the corner fiscally, but though the country finds itself with more wiggle-room in the run-up to the national budget, it is far from clear that we are winning the war against debt. This article written by Claire Bisseker, first appeared in the Business Day on 6 February 2026.
Read MoreThe latest First National Bank/BER civil construction confidence numbers suggest that infrastructure is picking up. If reform momentum accelerates, 2026 could be the year in which we finally see a more meaningful lift off in fixed investment. This article first appeared in the Business Day on 23 January 2026
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