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The article was initiated by a series of event regarding a man, Mark Shuttleworth that transferred money to the South African Reserve Bank. Through powers granted under exchange controls legislation, the South African Reserve Bank imposed a levy of 10% to the money deposed. A big scandal started around the court cases which brought up several good points for the economy of South Africa. It was stated that controlling currency flows gives smaller economies more stability as well as independence. The free flow of capital would also cause account deterioration, inflation and currency devaluation. It was also mentioned that large institutions in South Africa (like its reserve bank) are not interested in red tape or levies, but some how imposed on on Shuttleworth. In addition, they stated that free trade comes as a cost that comes in a form of lost tax revenues and a loss of jobs in South Africa.

A South African Politician has raised the tariff on chicken imports in South Africa. This is a pretty textbook example of tariff implementation as its goal is to support the country's "bleeding" chicken market. Since the tax has been raised by 8.75%, it is an ad valorem tariff.

I find this article thoroughly bizarre. Apparently, South African had this huge deficit calculated to be 116.9 billion rand. I don't what the exchange rate on their currency is, but that part isn't that surprising. What's surprising, at least to me and nobody else in this article, it seems, is that they reduced the deficit to about 34.6 billion by-- get this --redoing their calculations. They neglected to include trade with foreign neighbors, which just so happened to help out their balance of accounts. I can see why the recalculation helped to clear things up and, essentially, made South Africa's situation better, but it's weird how the article refers to it as if the deficit "decreased" because the numbers were run under differing conditions. Am I crazy?