January 30, 2016
The so-called "Fourth Industrial Revolution" has the potential to free humanity from drudgery and poverty, but only if it is under true democratic control and serves the interests of humanity as a whole. So it is not a matter of demanding changes in mere policy, but in the political system itself.
June 15, 2015
Over more than a century there have been warnings that the current global economic crisis would arrive — and what would be the cause. Yet most mainstream economists and commentators persist with an almost religious belief that somehow, sometime, the tide will turn and all with reurn to as it was. It will not.
November 7, 2013
Christmas is coming to a world city so it is perhaps time to ask who built it, who is losing out, who is getting fat — and how and why this happens.
January 28, 2013
Once upon a time and not very long ago, South Africa, as the continent’s largest economy and with a first-world banking and financial sector, was regarded as the potential gateway to investment in Africa. This is no longer the case: investors are tending to look north, to Ghana and even Zambia.
November 6, 2012
The last remnants of the South African fairy tale were put to rest in London’s influential Frontline Club in October. A packed audience comprising mainly media workers and more than a handful of public relations and investment advisers clearly concluded that the rainbow nation was no more than a myth. Yet, once upon a time, and not very long ago, when concerned investment groups started casting about to find somewhere outside of the industrialised world to increase the size of their cash piles, they looked to South Africa.
May 24, 2012
There seems consensus that steps should be taken to alleviate some of the worst aspects of youth unemployment, a crisis that affects more than 75 million young people worldwide. But evidence exists of at least one highly successful project in South Africa of youth training and job placement in the current climate.
May 20, 2012
Facts, fictions and often emotional assumptions pepper the current intense debate in South Africa about a youth wage subsidy. But there is one fact about which all parties agree: there is a massive problem of youth unemployment. Millions of young men and women between the ages of 18 and 25 simply do not have jobs; they also happen to constitute a potentially crucial voting bloc in any future election.