Browsing All posts tagged under »business«

Inherent inequality of the World Economic Forum

January 25, 2015

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The annual World Economic Forum (WEF) extravaganza got underway last week. It is not the UN-style institution it is often portrayed as being. It is a private club where the heads of immensely rich corporations wine, dine, bribe and bully various power brokers and wannabe tycoons to do their bidding and to adopt policies that suit the corporate world.

Cry the Beloved Country — again

July 6, 2012

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In an incredible irony, copies of Alan Paton’s Cry the Beloved Country were among the thousands of books shredded and dumped in what can only be described as an orgy of destruction in Limpopo. Yet it was only the sheer scale of the destruction that surprised members of the Cosatu-affiliated SA Municipal Workers’ Union (Samwu).

Aurora’s golden greed and liability hopes

December 2, 2011

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Arrogance, incompetence and greed may have demolished the protection of limited liability for the politically well connected directors of South Africa’s controversial Aurora Empowerment Systems. They may now have to pay out of their personal fortunes for the heavy debts and losses incurred in a controversial gold mining venture.

Lessons to be learned from Cosatu’s 25 years

November 30, 2010

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The Congress of South African Trade Unions (Cosatu) turns 25 in December. But the birthday celebrations around the country will be dampened by heightened tension and some mildly acrimonious outbursts resulting from the content of the government’s New Growth Path (NGP) for the economy and the manner in which it was announced. Like the 1996 […]

Blowing a union whistle on corruption

November 20, 2010

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(Published November 19, 2010) Public protector Thuli Madonsela’s revelations about the victimisation of whistleblowers and the protection of corrupt officials caused a minor sensation this week. But the revelations came as no surprise to many trade unionists — and especially not to members of the South African Municipal Workers’ Union (Samwu) in Limpopo and Mpumalanga. […]