5 things South Africa should consider for an economic plan

The Money Show’s Bruce Whitfield interviewed Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria.

Fioramonti discussed five big things South Africa should consider for an economic plan.

Scroll down for quotes from the audio below.

Not having taken water into account when designing our economic system was very short-sighted.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

In future we need to integrate what nature gives us into our planning.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

Just looking at jobs is not enough. We need to rethink what we mean by ‘productive work’.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

We have to plan for the economy of the future.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

Some FDI hinders the capacity of our economy to adapt.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

We need investments that is sustainable. We need to take FDI with a grain of salt.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

GDP is a myopic measure of economic performance. We need measures of progress that take long-term prosperity into account.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

40% of energy in Germany is produced by households and small producers. We need co-production models such as this. We need to experiment and see what works.

Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria

Subscribe to our Business Wrap Newsletter

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
5 lessons Mexico can teach South Africa about reviving manufacturing

5 lessons Mexico can teach South Africa about reviving manufacturing

The rise of Mexico seems unstoppable. The same can happen in South Africa, says Dr Lyal White (Gibs).

An emerging markets economist discusses the barely growing South African economy

An emerging markets economist discusses the barely growing South African economy

The economy grew by 0.7% in the third quarter of 2015. Bruce Whitfield interviews EM economist Peter Attard Montalto.

Jacob Zuma plans to create jobs galore by boosting the “ocean economy”

Jacob Zuma plans to create jobs galore by boosting the “ocean economy”

We interview Cape Times Shipping Columnist Brian Ingpen about hopeful plans for South Africa’s ocean economy.

5 things that are driving (and hindering) economic growth in South Africa

5 things that are driving (and hindering) economic growth in South Africa

Why is our economy barely growing and how do we get it going? We spoke to ETM Analytics Chief Economist George Glynnos.

South Africa’s government is running out of money – IRR

South Africa’s government is running out of money – IRR

SA is heading for a fiscal cliff. We've got options, but time is running out, says Frans Cronjé (Institute of Race Relations).

Popular articles
Estate agent Aida admits it’s the source of SA’s largest data hack ever

Estate agent Aida admits it’s the source of SA’s largest data hack ever

The Money Show’s Bruce Whitfield interviews Stuff magazine’s Toby Shapshak.

UCT engineering student creates affordable grey water system

UCT engineering student creates affordable grey water system

Nkosinathi Nkomo came up with a system that could turn grey water into usable water amidst the Cape Town water crisis.

Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

A policing expert explains that the airport shooting may be linked to the shooting at a Stellenbosch nightclub this past weekend.

Almost 30 million SA ID numbers compromised after site hacked

Almost 30 million SA ID numbers compromised after site hacked

Independent Marketing Consultant in the Technology Space, Andrew Fraser says this looks like a leak and not a hack.

Cape Town International Airport shooting could be gang related - ACSA

Cape Town International Airport shooting could be gang related - ACSA

The incident happened in the early hours of Wednesday morning.