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 very fat goose, the socialists* party, all Zuma’s bets are on the NDP, mining companies show some fang and much much more

I am on my way to London to speak to the funds that buy and sell South Africa’s corporate and government bonds i.e. the market that sets the price at which the world is prepared to lend us money. Daily I become more convinced that the South African political economy is, like quick clay “so unstableContinue reading “The very fat goose, the socialists* party, all Zuma’s bets are on the NDP, mining companies show some fang and much much more”

EFF off and DA

“How seriously to take the EFF is becoming the question of the year for a view on South African political risk” As I listened to Pravin Gordhan’s budget speech I thought I would share with you an extract of my news commentary from Monday morning. But I forgot to hit ‘publish’ as I was beingContinue reading “EFF off and DA”

Elections 2014, investment threats, DRC and crime intelligence chaos

Important defection from the ANC to the EFF, and the DA launches robust campaign in Soweto – but it is probably not yet enough to scare the ANC Appropriate concern grows at the Promotion of Investment and Protection Bill Stunning victory in eastern DRC is becoming a feather in Zuma’s cap …  … while theContinue reading “Elections 2014, investment threats, DRC and crime intelligence chaos”

Gordhan (the good, the bad and the ugly), DA succession, Cosatu split looking more likely, Zuma’s delightful gaffes … and much more

As promised some comments on the politics of Pravin Gordhan’s medium-term budget … but first forgive me for expressing some of my irritation at two of his (Gordhan’s)  recent statements. That will be followed by some of  the bits and pieces I found interesting in the weekly newspapers – if you didn’t see the ‘Zuma gaffes”Continue reading “Gordhan (the good, the bad and the ugly), DA succession, Cosatu split looking more likely, Zuma’s delightful gaffes … and much more”

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”

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”

Cosatu, the Democratic Alliance and the middle classes – is it love, actually?

Think of the various interests of classes and groups in our society as constituting an ecology in which political parties and organisations find niches to graze, hunt and be sustained. The system can change and niches shift, narrow or broaden –  and in response the denizens that live in each niche must adapt or becomeContinue reading “Cosatu, the Democratic Alliance and the middle classes – is it love, actually?”

Some observations about the election lead-up

I am feeling the welcome pressure of a flood of paid work. The only drawback to this happy state of affairs is I have not been able to put as much effort into updating this website as I would like. In future I will generally be posting the quirkier side of politics and investment riskContinue reading “Some observations about the election lead-up”

Because I thought it might brighten your day

Our leaders dancing for our votes reminds me of a poem Michael Ondaatje wrote called The Elimination Dance. A version of this dance appears in cultures and countries around the world. The rules are that a caller shouts out particular categories of people or people who have undergone a particular experience. When you are called Continue reading “Because I thought it might brighten your day”