Swilling, M. & Murau, S. (2025) South Africa’s Monetary Architecture, 1983-2024. Pretoria: National Planning Commission.

Nearly years in the making, this report for the National Planning Commission is the first-ever attempt to develop a complex systems approach for understanding the architecture of South Africa’s financial eco-system. It has made a significant impact in the NPC and in the media, and there is considerable interest from institutional investors and public investment institutions.

Download:

20251027_NPC REPORT_FINANCIAL ARCHITECTURE

Very proud to see this Annual Report – captures a dream come true! Such a privilege to work with a team that makes this all possible. But the loss of the SI leaves a deep sadness in my heart – that place transformed the lives of so many. But our amazing work continues.

US CST Annual Report_WEB_FINAL

I worked with Prof Desta Mebratu to draft this report. Although some of our key ideas were edited out in the end, the core logic remains valid. Quite amazing to see UNECA publish a report like this given its role in replicating macro-economic policies that have traditionally had no place for sustainability. Click on links below for access:

UNECA Summary UNECO Report

Article in The Conversation – click on hyperlink:

South Africa’s electricity crisis: a series of failures over 30 years have left a dim legacy

18 April 2024

Extending life of ageing coal-fired stations – anti-renewables policy incoherence could cost trillions

Does Ramokgopa really need more powers to end load shedding?

The game-changer for SA energy in the Budget Speech — and the fight we have on our hands

After the flip-flops and zig-zags, is a policy coherence emerging to resolve SA’s energy crunch?

Growing some backbone – reimagining the future of Eskom and the grid, beyond load shedding

Better Finance Bettter Grid – Mobilising capital to scale transmission grid capacity in South Africa – adapted

Better Finance, Better Grid. Report by CST and Blended Finance Taskforce.