Herewith my news commentary as of yesterday morning. I thought I would republish it here because it includes my brief assessments of how to think about the Zimbabwe election, Vavi and the EFF. I also, politely, imply that the Seriti commission might be a cover-up and that Amcu’s underlying objectives in the gold sector areContinue reading “Zimbabwe, Vavi, EFF, Amcu and other delights”
Yearly Archives: 2013
NDP defections, construction scandal gathers momentum, Ramaphosa’s uncertain future, Zanu-PF’s alledged relationship with Julius … and much much more
Herewith my latest news update as of 06h30 this morning. NDP – defections to the left and right Collusion scandal in the construction industry gathers momentum Tax Review Committee – some welcome caution Proposed legislative changes in the mining industry shows SA government’s deep ambivalence towards the sector Ramaphosa – rumours that Zuma faction isContinue reading “NDP defections, construction scandal gathers momentum, Ramaphosa’s uncertain future, Zanu-PF’s alledged relationship with Julius … and much much more”
If the ANC was a soap opera slipping in the ratings …
Imagine you are the producer of a major and successful television soap-opera. Gradually, for reasons that are not immediately apparent, market research begins to indicate your share of the prime-time television audience is diminishing – and, further, that the declines are accelerating. I suspect what you do is try to work out whether the viewersContinue reading “If the ANC was a soap opera slipping in the ratings …”
Motlanthe’s pleasant bedside manner won’t solve mining crisis – but it can’t hurt
Herewith an extract from my weekly news commentary* as of 06h30 yesterday. ‘A minefield of obstacles for Motlanthe’ – Sunday Independent The Presidency, in the person of Deputy President Kgalema Motlanthe, launched the “Draft Framework Agreement for a Sustainable Mining Industry” on Friday. The document is based on an initial process of discussion with allContinue reading “Motlanthe’s pleasant bedside manner won’t solve mining crisis – but it can’t hurt”
Throwing excrement in Cape Town: the DA has reason to feel miffed, but the situation is best explained by the Davies J-curve
It is difficult to avoid an abiding suspicion that the protesters flinging faeces in the general direction of the DA led Cape Town and Western Cape provincial administrations are not always, as they claim, signed up members of the downtrodden masses. Among the reasons I am suspicious is a good friend told me that whenContinue reading “Throwing excrement in Cape Town: the DA has reason to feel miffed, but the situation is best explained by the Davies J-curve”
The politics in our economics, NPA in decline, Vavi survives, Pule lies, Dali hearts Bob, Num bends the truth and more
Herewith an extract from my weekly news summary and analysis. The big question of the week was the degree to which Zuma’s Thursday morning briefing helped or hindered our economic decline. I know I cringed as he was speaking, especially during the twinkly admonishment at the end urging journalists present to report favourably on SouthContinue reading “The politics in our economics, NPA in decline, Vavi survives, Pule lies, Dali hearts Bob, Num bends the truth and more”
Top ranked political analyst in the Financial Mail survey
In this age of frenzied self-promotion I should be more comfortable about this, so let me just come out and say it: I was top ranked in the Political Trends and Industrial Relations category at the Financial Mail Analyst of the Year Awards last week. Every year since 1977 the Financial Mail has sent aContinue reading “Top ranked political analyst in the Financial Mail survey”
Zuma in Eldorado Park = J Arthur Brown in Khayelitsha
The appropriate comparison for J Arthur Brown’s visit to Khayelitsha yesterday is Jacob Zuma’s visit to Eldorado Park a few weeks ago – the president’s vist conducted ostensibly to free that neighborhood from the tyranny of crystal meth and tik. Watching the visuals on eNCA (catch those here) of the white fraudster’s visit to theContinue reading “Zuma in Eldorado Park = J Arthur Brown in Khayelitsha”
Ten days that shook my world
Preface I wrote what follows in July 1990 immediately after returning from a two week trip to Moscow. I was part of a group with the now sadly departed Institute for a Democratic Alternative for South Africa (Idasa). The original was published in Democracy In Action, the institute’s monthly newsletter. I had looked for a copy forContinue reading “Ten days that shook my world”
Freedom day good news, the bargaining season, Vavi and other matters
Herewith is an extract from my weekly news summary/analysis of what I thought was important in the main weeklies. Freedom Day, April 27 – nineteen years on from the first democratic election … a good story by-and-large City Press has a useful op-ed page by the always excellent Ferial Haffajee (who is also the editor)Continue reading “Freedom day good news, the bargaining season, Vavi and other matters”
Cosatu’s splitting headache, the ANC and DA try on new party dresses and those awful Mandelas
In high anxiety at my failure to publish here for several weeks (what with 12 days visiting fund managers in the UK and Europe and new commitments to the Daily Maverick – see here and here for the first two of those) I have decided to again post a modified version of my usually bespoke Continue reading “Cosatu’s splitting headache, the ANC and DA try on new party dresses and those awful Mandelas”
Zuma’s brittle grip tightens
Early on Monday mornings I send my clients a review of the previous week’s political news which might be of relevance to financial markets. This morning I thought the issues were of more general interest. Thus … Summary: It is difficult not to see the main items in this review as connected: The ANC yesterdayContinue reading “Zuma’s brittle grip tightens”
Against a dark backround … an occasional beam of light
I am struggling to make up my mind whether there really is a small accumulation of good news, clearly visible against the looming night … or if I am just desperate. Today’s Business Day story by the always interesting Carol Paton looking at Manuel and Sisulu on a stern clean up the public service driveContinue reading “Against a dark backround … an occasional beam of light”
That lingering odour …
In the 1980’s I unwittingly employed an apartheid police informer, Mark Behr, to work in the Institute for a Democratic Alternative for South Africa (of which I was a regional director). Behr had a serious talent – and zest – for self-promotion. But he was also bright, ambitious and charismatic and I naively believed thatContinue reading “That lingering odour …”
SA political risks for investors
I was looking for a shorthand way of summarising what I thought were the main political risks that are in the minds of investors in South African financial markets. Note that the emphasis here (in what appears below) is what I think is an appropriate prism for investors in financial markets, and specifically those withContinue reading “SA political risks for investors”
Nic Borain 