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.
May 11, 2019
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.
November 4, 2018
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.
May 27, 2018
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.
November 2, 2017
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.
October 1, 2017
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.
March 18, 2013
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"?
March 3, 2013
South Africa's metalworkers' union invesment company is making moves to obtain a major stake in the local steel sector as part of a strategy to halt “continuing de-industrialisation” in the coal and iron ore rich country.
June 2, 2019
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