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12 May 2021

Testing

The South African government and ruling party’s frequent promises to stamp out corruption and carry the country to new levels of economic prosperity are sounding increasingly hollow.

Yes, there have been some hesitant actions from Luthuli House, which continues to entertain the public with its countless ‘suspend or not’ debates and ridiculous imposition of deadlines to effect the simplest of disciplinary steps. But the corrupt are so entrenched, and their practices so pervasive, that small victories on the fringes cannot stop the ooze from spreading.

This writer is still wrestling with how the country’s soon-to-be notorious power ships deal was even considered in the context of an environmental, social and governance (ESG) world.

Quick Polls

QUESTION

Healthcare brokers have long complained about inflation-plus medical scheme contribution increases; but pandemic may have changed things. What will pandemic-induced changes in hospital utilisation do to medical scheme contribution increase patterns?

ANSWER

Below inflation increase for 2022, then back to inflation-plus
Long-term trend of below inflation increases
Inflation-linked hikes for 2022, then back to inflation-plus
This is a 2-year hiccup, inflation-plus increase trend remains in place
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