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”

Zuma in Eldorado Park = J Arthur Brown in Khayelitsha

The appropriate comparison for J Arthur Brown’s visit to Khayelitsha yesterday is Jacob Zuma’s visit to Eldorado Park a few weeks ago – the president’s vist conducted ostensibly to free that neighborhood from the tyranny of crystal meth and tik. Watching the visuals on eNCA (catch those here) of the white fraudster’s visit to theContinue reading “Zuma in Eldorado Park = J Arthur Brown in Khayelitsha”

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”

A few deep blue thoughts as we rush towards Mangaung – Part 1

Annus horribilis This has undoubtedly been the worst year for South Africa – at too many levels to name – since 1994. There is much I have wanted to say here but couldn’t find the time.  So I am going to rapidly fire off a series of posts, as my professional duties tail off towardsContinue reading “A few deep blue thoughts as we rush towards Mangaung – Part 1”

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 …”

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?”

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?”

Housekeeping, MTN, Iran, US secret power, Zimbabwe, Malema and the Interminable Mangaung

Right. I have got to find a way of continuing to populate this website. The reasons posts are becoming infrequent and irregular is that almost every day I produce bespoke and paid for research. I have less time every week to write specifically for nicborain.wordpress.com … except the occasional philosophical musings, which probably have a … very specific?Continue reading “Housekeeping, MTN, Iran, US secret power, Zimbabwe, Malema and the Interminable Mangaung”

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 ANC’s surprising return to form

Anyone who reads this blog on a regular basis will have noticed two things. The first is that the number of posts have tailed off. This is largely because my time has been taken up with paid work and the website has slipped down the list of priorities in the imperative to pay the bills.Continue reading “The ANC’s surprising return to form”

Zuma was to Polokwane what Malema hopes to be to Mangaung

Doesn’t the Julius Malema saga feel so familiar? Remember how the Jacob Zuma campaign seemed to transform each new obstacle placed in his path into fuel for his political train that eventually steamed triumphant into Polokwane in December 2007? The fact that he was known far and wide as hopelessly incapable of moderating his sexualContinue reading “Zuma was to Polokwane what Malema hopes to be to Mangaung”