March 29, 2016
Skeletons seem to be rattling around in several ministerial closets in South Africa at the moment in what appears to be a case of political patronage gone severely toxic. But there is nothing new in patronage, in business, both legitimate and illegitimate buying — or trying to buy — the favours of politicians, judges, police […]
May 31, 2015
The parochial mindset of nationally-based companies and trade unions reveals asn ignorance of economic history, including the fact that shareholder companies — a cornerstone of our system — were banned in Britain for 105 years because of their inherent tendency to be corrupt.
June 1, 2014
Misunderstanding and confusion about the platinum sector pay issue persists. And much of the media is to blame for repeating, without analysis, the public relations spin of the mining companies. This distorted version of the facts states that the mining companies agreed to meet the R12 500 a month entry level wage demand, phased in […]
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.
December 13, 2012
The tortuous road to the governing ANC’s centennial conference at Mangaung ends next week. And, not to put too fine a point on it, much of the country is gatvol with the route it has taken and where it has arrived.
November 30, 2012
A small part of the murk surrounding South Africa's multi-billion dollar arms deal cleared slightly, but only to reveal still greater depths to be plumbed. And it has now eerged that a Swedish businessman with a highly chequered past was also involved with all sides concerned with the controversial multi-billion dollar arms deal.
November 27, 2012
Another crack has opened up in the facade of secrecy surrounding South Africa's controversial multi-billion dollar arms deal. It came on November 21 on Sweden’s TV4 channel in the first of two special reports by the Kalla Fakta (Cold Facts) investigative team.