Monocle Banking podcast.
For a thought-provoking conversation unpacking South Africa’s 2026 Tax Freedom Day in this week’s The Monocle Banking Podcast, Michael Avery is joined by Dr Richard Grant, professor of finance and economics at Cumberland University and senior consultant for the Free Market Foundation.
The discussion explores the relationship between taxation, government spending and economic growth in South Africa, while examining how policy choices, public investment, and trust in institutions shape the country’s long-term fiscal and economic future. The conversation also considers what conditions are needed to support productivity, expand opportunity and create sustainable growth.