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”

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)”

‘Why do people still vote for the ANC?’ asked the clever child, exasperatedly

This is a quick  aside before getting onto the more riveting topics of the May 7 elections, service delivery protests (and their search for a Gene Sharp handbook as well as the predictions of the Davies J-curve), the platinum strike, Julius Malema’s sequestration hearing in the North Gauteng High Court this morning (and the pressing matter of whetherContinue reading “‘Why do people still vote for the ANC?’ asked the clever child, exasperatedly”

Nelson Mandela and the ticker tape

(This is part of a brief note I sent out to clients this morning) Nelson Rolihlahla Dalibunga Mandela,  95, died last night on Thursday December 5 2013. There may be short-swings in some South African financial instruments but it is unlikely that this will be a longer term driver of the markets. Nelson Mandela hasContinue reading “Nelson Mandela and the ticker tape”

Stuff happens to some people, but some people happen to stuff

Jacob Zuma has forced me to reread Niccolò di Bernardo dei Machiavelli’s The Prince, published 500 years ago this year. He (Jacob Zuma) didn’t threaten me with the red lightsaber or catch me in a honey trap. My natterings, fortunately, are not impactful enough to draw the attentions of the Dark Lord (Darth Vader, dah! –Continue reading “Stuff happens to some people, but some people happen to stuff”

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 …”

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”

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”

Is any one version of a post-Mangaung ANC better than another?

First off, let me admit, that I have no choice but to believe that the answer to the question in the title is: yes. It’s an article of faith. Who can live in a world where the bullies and thugs, the greedy and manipulative, the powerful and the arrogant have won so decisively that it isContinue reading “Is any one version of a post-Mangaung ANC better than another?”

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”

Notes on the relationship between Cosatu and the ANC

After last week’s Cosatu strike against labour brokers and e-tolling the question of the future of the relationship between the Cosatu and the ANC has again consumed public debate. I have quickly jotted down some of the issues as I see them and how I think the situation might play out in the longer termContinue reading “Notes on the relationship between Cosatu and the ANC”

The shape (and size) of things to come

Once a week I take my mother to an audio book library. My car radio only picks up SAFM and because the dreary worthiness of our national broadcaster occasionally tempts me into driving my car off a cliff, I sometimes pick something out for myself. I have recently finished listening to (over and over again – at least eightContinue reading “The shape (and size) of things to come”

The ANC as a proxy for the nation?

It’s tempting to focus on the ANC as if its history and prospects are a proxy for the history and prospects of the country as a whole. The party’s centenary celebrations this week will strengthen the sense that this is indeed the case. The last hundred years of South African history has been about theContinue reading “The ANC as a proxy for the nation?”

Julius Malema and predicting the future you want

The déjà vu is washing over me like the phantom symptoms of a late winter bout of hypochondria. I remember the lead-up to Polokwane. The thuggish crowds outside Jacob Zuma’s court appearances. The man we had known was in Shaik’s pockets since 1993, he who famously couldn’t keep it in his pants, the rape accusedContinue reading “Julius Malema and predicting the future you want”

African National Congress – under history’s flood

Following a previous post: The Limits of Politics I want to argue that what the ANC is becoming is less a function of the failings of its leadership and more a consequence of the titanic forces of social change. The past and present history of the African National Congress could be characterised (in shorthand) likeContinue reading “African National Congress – under history’s flood”