First Thing, Daily Maverick's flagship newsletter

Join the 230 000 South Africans who read First Thing newsletter.

We'd like our readers to start paying for Daily Maverick

More specifically, we'd like those who can afford to pay to start paying. What it comes down to is whether or not you value Daily Maverick. Think of us in terms of your daily cappuccino from your favourite coffee shop. It costs around R35. That’s R1,050 per month on frothy milk. Don’t get us wrong, we’re almost exclusively fuelled by coffee. BUT maybe R200 of that R1,050 could go to the journalism that’s fighting for the country?

We don’t dictate how much we’d like our readers to contribute. After all, how much you value our work is subjective (and frankly, every amount helps). At R200, you get it back in Uber Eats and ride vouchers every month, but that’s just a suggestion. A little less than a week’s worth of cappuccinos.

We can't survive on hope and our own determination. Our country is going to be considerably worse off if we don’t have a strong, sustainable news media. If you’re rejigging your budgets, and it comes to choosing between frothy milk and Daily Maverick, we hope you might reconsider that cappuccino.

We need your help. And we’re not ashamed to ask for it.

Our mission is to Defend Truth. Join Maverick Insider.

Support Daily Maverick→
Payment options

China curbs industrial investment

Defend Truth

China curbs industrial investment

Investment in China’s steelmaking and cement industries, amongst others, is to be drastically cut back following fears that overheating may result in job losses and banking problems. According to economists, Beijing’s stimulus plans are laying the foundation for a treacherous boom-and-bust cycle. The governmental order, announced on Wednesday, will see new aluminum projects banned for three years, with regulators placing a limit on spending at a range of factories. The Chinese government hopes to tweak economic policy in such a way that growth is secured while unnecessary investment is held in check. The large Chinese business community has been waiting anxiously for details of the new policy since August, and many business leaders remain worried that the measures will adversely affect profits.

Gallery

Please peer review 3 community comments before your comment can be posted