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

IMF yanks Ukraine back over its free-spending habits

Defend Truth

IMF yanks Ukraine back over its free-spending habits

The International Monetary Fund is holding back its latest $3.5 billion tranche of a $16.8 billion loan to the Ukraine, saying the country’s politicians can’t seem to control their budgetary spending. There’s a presidential election next month, so the IMF is sending a clear message to old rivals, President Viktor Yushchenko and Prime Minister Yulia Tymoshenko, to get their acts together. As opponents in the upcoming election, each has tried to show more largesse than the other. But while the voters may think it’s Christmas, the Ukraine is struggling with the worst economic crisis in nearly 20 years. The economy is expected to shrink by a massive 15% this year. Despite that, Yushchenko last month decided to dole out wage and pension increases of about 20%. The IMF said this would quickly feed inflation and unemployment. This means the dole-out would rapidly become the dole for many workers. Read more: The New York Times

Gallery

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