Browsing All posts tagged under »investment«

Facts behind the sacking of SA union boss

June 2, 2019

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While sacked Federation of Unions of South Africa (Fedusa) general secretary Dennis George maintains that "white monopoly capital" and a media hostile to "transformation" were behind his recent dismissal, the facts seem to tell a vefy different story.

SA union secretary’s future in the balance

May 11, 2019

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The future of Dennis George, the suspended general secretary of the Federation of Unions of SA (Fedusa) will be decided on Thursday. He has faced a disciplinary hearing about his controversial purchase of shares in AYO Technological Solutions and in being an effective "praise singer" for AYO and controversial businessman Iqbal Survé.

Our common economic ailment

November 4, 2018

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The SA economy,worked out by corruption, seems to be well and truly up the creek and with only a very fragile investment paddle to hand.

Too much murk in dealings by the PIC

May 27, 2018

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Are Cosatu-affiliated trade union investment companies, under the umbrella of Cosatu Investments, in line to be helped by Pubic Investment Corporation (PIC) to a R15 billion debt funded share deal? It's an important question following the disclosure of slide presentation featuring an apparently unlisted Rothe Consortium headed by "Cosatu Investments" and involving R15bn in Vodacom shares.

Unions demand pension fund answers

November 2, 2017

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South African public sector unions, notably the PSA, are demanding a full account of investments made in unlisted entities apparently to promote Black Economic Empowerment, a "list of politically connected persons" involved and union seats on the PIC and other boards.

Looming battle about SA state pension funds

October 1, 2017

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The South African government and its ailing state owned enterprises certainly have their eyes on Africa's largest pension fund pot. And assurances by finance minister Malusi Gigaba that there will be no attempt to raid the funds have so far failed to allay fears.

Why SA is no more ‘the gateway to Africa’

March 18, 2013

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In what must be seen as a major wake-up call, some mining analysts rank the current potential of crisis-wracked Zimbabwe higher than that of South Africa. So why is SA no longer perceived as the investment "gateway to Africa"?