Be careful what you wish for

Listening to the EFF be the rock against which Zuma’s blithe refusal to account finally dashed itself yesterday I felt briefly elated. Gangsters! Bashi-bazouks! Yes, PAY BACK THE MONEY! PAY BACK THE MONEY! Billions of Blue Blistering Barnacles! But after a moment’s reflection I pulled myself, by the ear, back into the vehicle. “You irresponsibleContinue reading “Be careful what you wish for”

Hold fast comrades – the Thatcher-lites are upon us

I intend, in the near future, to dust off my Marxist theory.* I am going to need a framework through which to express my growing conviction that much of our politics can be understood as a function of the collapse of the alliance of classes that underlay the national democratic revolution – and the African National Congress. The bigContinue reading “Hold fast comrades – the Thatcher-lites are upon us”

Some thoughts on the ANC, the DA and the EFF

A couple of asides as I tinker away at a framework for assessing Sunday’s Cabinet announcement. The media noise surrounding Helen Zille’s putative attitude towards Lindiwe Mazibuko is interesting, but largely because it is so loud. In the last hour I have been asked twice (by journalists) for an opinion on Mmusi Maimane‘s acceptance of nomination to theContinue reading “Some thoughts on the ANC, the DA and the EFF”

The looming threat of the proto-fascist, demagogic, hybrid neo-Stalinist business unionists, ethnically-tinged vigilantes and the preachy capitalist philanthropists

I am up to my neck in it, trying to tease out the main implications and trends of the election – in a way that might be useful to investors in our financial markets. As part of the process I read everything I can find that has been written about the elections. I have just readContinue reading “The looming threat of the proto-fascist, demagogic, hybrid neo-Stalinist business unionists, ethnically-tinged vigilantes and the preachy capitalist philanthropists”

Nigeria GDP rebasing flutters, HIV infection rates up, Cosatu crumbles, the vibrant SA democracy (yay) and our myopic exceptionalism (boo)

(Part of this is from a news update I published for the clients of BNP Paribas Cadiz Securities on Monday – 07/04/2014. Thanks as always to them for allowing me to republish here a few days later. None of opinions expressed here are those of BNP Paribas Cadiz Securities.) Nigeria’s GDP rebasing is normal and welcome – for SouthContinue reading “Nigeria GDP rebasing flutters, HIV infection rates up, Cosatu crumbles, the vibrant SA democracy (yay) and our myopic exceptionalism (boo)”

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”

Beware the thing that might pick up power lying in the street*

There is something that seems to have been missed in the public discourse about Marikina. Without wanting to be over dramatic, I think Marikana is a clear warning that we are under immediate and serious threat; in ways that I will discuss below. What happened – both before and after the police shooting – hasContinue reading “Beware the thing that might pick up power lying in the street*”

Greeting – and a few thoughts of home – from Belgrade

I am in Serbia on a social visit and I thought I would record here some of my initial observations about stuff we might learn from this country about some aspects of SA politics and culture. Cultural Betrayal Firstly, I am in Belgrade – a city of 1.6 million people built on the confluence ofContinue reading “Greeting – and a few thoughts of home – from Belgrade”

Nationalisation revisited revisited … if you know what I mean

In case anyone was wondering if I had disappeared into the ether: I have been seriously busy and have had no time to post on the blog. If you were paying extra attention, you may have noticed that a post reviewing the nationalisation of mines debate appeared and disappeared a few weeks ago. My mistakeContinue reading “Nationalisation revisited revisited … if you know what I mean”

The communists have got this right

Here’s something important to read and understand. From a South African Communist Party Central Committee statement  released today – I just caught it on Politicsweb here. You can disagree with the communists about a range of points of strategy and of principle, but they accurately and urgently identify populism as exemplified by the ANC YouthContinue reading “The communists have got this right”

Black fabric, the creak of leather and a flash of red …

Remember the ANC’s online leather jacket sale; those amazing garments seemingly designed for a camp 1970’s version of a black Star Wars? And the Stabproof Protektorvest (TM) that some enterprising person tried to flog to 2010 World Cup visitors to South Africa who needed to withstand the blows they could expect to be rained upon themContinue reading “Black fabric, the creak of leather and a flash of red …”