Counterrevolution and the Tiffany Smith & Wesson

The counter revolution is not gonna headline the Sunday Times That Sunday organ is a well established field of play for leaks from factions struggling for power in and around the ANC – and, just as an aside, proved itself most obliging to the whole State Capture initiative by assisting the decimation of SARS throughContinue reading “Counterrevolution and the Tiffany Smith & Wesson”

Does the Gordhan correction undo the damage wrought by Nene’s axing?

You might be surprised at how carefully some people who’ve never set foot on these shores, people who are mostly blindingly clever at maths and informed to a scarily deep level about our politics and history and whose job includes trading our currency and bonds, have asked me that headline question in the last week.Continue reading “Does the Gordhan correction undo the damage wrought by Nene’s axing?”

The race is on …

… but it’s difficult to know who to back Thank you Mail and Guardian for publishing the story we all wanted even though you have probably broken the whole cannon of ethics in journalism. The story to which I refer, titled “Ramaphosa starts fight for top job”, was published in the print edition of the aforesaid newspaper on November 13,Continue reading “The race is on …”

That’s nothing! I remember ….

There were several times last week when I felt admiration for the protesting students, including those who crashed through the gates of parliament and, quite bravely in many cases, stood up to the SAPS’s counter attack, stun grenades and all. I admit to some brief, irresponsible, trickster elation – Loki let loose upon the world – good for them …Continue reading “That’s nothing! I remember ….”

Black Middle class saves our world …. and other plausible hopes for salvation

Greeting … and compliments of the season to you all. I was too busy to post here during the last few months of 2014. I had been writing and then road showing (here and abroad) an argument that suggested pressures acting on the ANC might, ultimately, save the organisation from its slow-motion collapse into whatContinue reading “Black Middle class saves our world …. and other plausible hopes for salvation”

Julius Malema the (still) coming man

This is obviously a season of reflection for me. Here is (another) post from the past, this one from November 4 2009. For a long time Julius Malema is the Coming Man was the most viewed and most commented upon article here.  (Later this post about Chris Hani became ‘most viewed’ if not most commented upon.) Remember, whenContinue reading “Julius Malema the (still) coming man”

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”

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”

Mangaung – takes, outtakes and takeouts

Various commentators, politicians and analysts have attempted to characterise Mangaung, to define the moment’s essential nature. Below are two takes I found interesting with some words from me on why I found them thus. After that I include a more general summary of what happened with the voting results for the Top Six and theContinue reading “Mangaung – takes, outtakes and takeouts”

A few (more) deep blue thoughts as we rush towards Mangaung – Part 2

By the way “deep blue” in the headline was not meant to be a riff on IBM’s chess playing supercomputer. Rereading Part 1  I can see how someone might accuse me of being a little too certain about the shape of the future.  I am not running “deep blue” regressions and algorithms, modelling South AfricaContinue reading “A few (more) deep blue thoughts as we rush towards Mangaung – Part 2”

Strikes and Malema

The among the reasons I have failed to publish here for almost six weeks is I have been on a seemingly endless roadshow (series of presentations to fund managers domestically and in Europe and the UK) that started with Marikana, morphed into Telkom and is on its way back to its origins by focusing moreContinue reading “Strikes and Malema”

Marikana – ways of seeing

Background This is a summary of my analysis of the news from of the weekend press (August  19) – and radio and TV commentary – concerning the events in which 34 striking miners were killed by police last Thursday (August 16) at Lonmin’s Marikana mine in Northwest Province. (Written Sunday night, so some new factsContinue reading “Marikana – ways of seeing”

Malema: a stick being used to beat Zuma? Just a thought …

I am sure no-one has failed to notice the flood of South African high achievers passing through the United Kingdom over the last week or so. A golfer was there recently, some swimmers,  a group of cricketers … and, oh yes, Julius Malema. Julius told BBC and Sky News that he was in London workingContinue reading “Malema: a stick being used to beat Zuma? Just a thought …”

What could derail Jacob Zuma at this late hour?

Well it is certainly not Julius. Last night his expulsion from the ANC and the ANC Youth League was confirmed by the ruling party’s national disciplinary committee. His ‘fixer’, secretary-general Sindiso Magaqa, was suspended for a year – making any attempt to ‘rule-by-wire’ difficult. The appeals committee chaired by Cyril Ramaphosa also confirmed the three-yearContinue reading “What could derail Jacob Zuma at this late hour?”

African National Congress chasing its tail … and biting it

This is a screenshot from the front page of the ANC’s website accessed early this morning: It’s those latest press statements I am interested in. That’s the last five major releases from the Ruling Party, every one of which is exclusively concerned with the vicious battle taking place within the organisation. Working backwards: April 4Continue reading “African National Congress chasing its tail … and biting it”