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”

Lesotho, Guptas, Jacob’s Ladder, Julius huffs and he puffs but he doesn’t blow the House down, Cyril’s hard week down at the commission …. and so much more

Here are some bits and pieces I highlighted for investors over the last few weeks. Thanks as always to BNP Paribas Cadiz Securities for allowing me to republish these snippets here … it is also a touch more information that most people require, but I post it here for the record, if nothing else. IContinue reading “Lesotho, Guptas, Jacob’s Ladder, Julius huffs and he puffs but he doesn’t blow the House down, Cyril’s hard week down at the commission …. and so much more”

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”

Strike out, the presidential health, SONA2014#2 and EFF and the landed gentry gets a finger wagged in its direction

Some humble and not so humble opinions on various snippets of recent and not so recent political news. Platinum strike finally over Amcu and the platinum producers announced a settlement on Tuesday. The industry reports the strike cost producers R24-billion in lost revenue and the workers R10.6-billion in forsaken wages (see the pro-industry website here for other data.) SoContinue reading “Strike out, the presidential health, SONA2014#2 and EFF and the landed gentry gets a finger wagged in its direction”

If idle hands make the devil’s work then keep them busy

Someone asked yesterday what I thought of Julius Malema being appointed to the Judicial Services Commission. Did the ANC not care about the kinds of judges that would be appointed? Does this mean the ANC policy is drifting towards the EFF? These were my first, instinctive, thoughts: I reckon the ANC is wisely taking a stepContinue reading “If idle hands make the devil’s work then keep them busy”

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”

Numsa, Nkandla, the SACP and other matters

Herewith some comments on the latest political news. Apologies that I have posted so seldom here of late. I see a New Year’s resolution coming on. I see a New Year’s resolution exiting stage left. Numsa, Cosatu and the SACP … and Jacob Zuma During this past week the National Union of Metalworkers of South AfricaContinue reading “Numsa, Nkandla, the SACP and other matters”

Madonsela, EFF’s red beret shortage, election estimates and more

I will make a decision on the caption competition soon, but meanwhile here is my latest news update and summary – the Madonsela story continues to grow and, frankly, should be encouraged to. The Public Protector clashes with Zuma’s security chiefs On Friday state security agencies abandoned their urgent interdict in the North Gauteng highContinue reading “Madonsela, EFF’s red beret shortage, election estimates and more”

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”

Alliance ‘boycott’ of Marikana commemoration and Vavi axing are both monuments marking the retreat of ANC power

Zwelinzima Vavi’s suspension from Cosatu and the ANC/SACP/Num decision not to attend the Marikana commemoration, both on Friday last week, are, to my mind, indicative of a significant retreat of ANC hegemony. ‘Hegemony’,  as I imbibed the concept from probably slightly fevered readings of Antonio Gramsci’s sublime Prison Notebooks while I was a student activist (and from endlessContinue reading “Alliance ‘boycott’ of Marikana commemoration and Vavi axing are both monuments marking the retreat of ANC power”

Vavi and the Numsa , DA taking Gauteng, mutters at the Treasury, grounds for even more caution on Zimbabwe and Malema’s visit to the prophet

Here are some bits and pieces of my latest commentary: Vavi and Numsa – the underlying risks Zwelinzima Vavi faces a special central executive committee of Cosatu meeting today to decide his fate following his admission that he had sex with a junior Cosatu employee in her office in the Cosatu headquarters. Numsa, the NationalContinue reading “Vavi and the Numsa , DA taking Gauteng, mutters at the Treasury, grounds for even more caution on Zimbabwe and Malema’s visit to the prophet”

Zimbabwe, Vavi, EFF, Amcu and other delights

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”

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”