I wanted to discuss something called heuristics, which refers to the way we make decisions or reach an understanding about something, especially when the matter under consideration is complicated. The word (heuristics) can mean the short cuts we take but the general field also deals with the many errors of thinking to which such short cuts canContinue reading “The alliance is dead, Zuma’s dignity saved and SA dams on life support – and how I think I know what I think I know”
Category Archives: Mangaung
Outlook 2014 – and other messages from the future
I have been agonising over whether to keep this website going – or to consign it to the wastelands of the interwebs there to wander mournfully, accumulating lurid advertisements for secret ways of getting rid of belly fat and invitations from young, beautiful and lonely people, in your area, waiting by their phones for a call from you. AfterContinue reading “Outlook 2014 – and other messages from the future”
ANC savaged by a duck – and other matters of national importance
Some of my recent news coverage and commentary: E-tolling and the DA’s cruel billboards Last week Jacob Zuma signed into law the Transport Laws and Related Matters Amendment Bill – meaning the unpopular e-tolling can begin on certain Gauteng highways. I was impressed that the President did the necessary – despite the fact that thisContinue reading “ANC savaged by a duck – and other matters of national importance”
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”
The politics in our economics, NPA in decline, Vavi survives, Pule lies, Dali hearts Bob, Num bends the truth and more
Herewith an extract from my weekly news summary and analysis. The big question of the week was the degree to which Zuma’s Thursday morning briefing helped or hindered our economic decline. I know I cringed as he was speaking, especially during the twinkly admonishment at the end urging journalists present to report favourably on SouthContinue reading “The politics in our economics, NPA in decline, Vavi survives, Pule lies, Dali hearts Bob, Num bends the truth and more”
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”
Mandela and Mangaung – the fearful symmetry
(A quick and lightweight aside on a Sunday morning … not part of the ‘deep blue’ series, but bleak enough – I wouldn’t want to disappoint anybody.) Mandela ailing in the last few days before Mangaung? Perhaps the universe does have a sense of humour; one that delights in casual cruelties, sneering irony and aContinue reading “Mandela and Mangaung – the fearful symmetry”
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”
The connection between violent ANC contest and the piles of Nkandla treasure
I am not encouraged, in my professional life, to be too colourful in what I write or say. This morning I reviewed the weeklies – as I do before 06h30 every Monday morning – and found myself having to strip more metaphor and vitriol than usual from what I had to say. For example –Continue reading “The connection between violent ANC contest and the piles of Nkandla treasure”
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*”
Is it time to sell South Africa ?
I am sometimes tempted to think of myself as a company analyst, with South Africa as my company, government as management and the currency and bonds as the share price Company analysts make sell, hold or buy recommendations. Obviously a buy means the analyst believes the shares are cheap – in some difficult to determineContinue reading “Is it time to sell South Africa ?”
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”
ANC’s economic policy – a bit like being wounded without the pleasure of a scar
It is no easy matter to explain how a paragraph from Michael Ondaatje’s poem “The Cinnamon Peeler” speaks to me about the ANC’s economic policy process. The poem is a sensual delight – quite unlike the ANC’s policy discussion. Anyway … here is the relevant paragraph: what good is it to be the lime burner’sContinue reading “ANC’s economic policy – a bit like being wounded without the pleasure of a scar”
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 …”
Nic Borain 