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”

My growing worries about the ANC’s plans for economic intervention

Remember kaleidoscopes? Basically a tube that you held up towards a light and peered through as if it was a telescope? But unlike kid’s telescopes –  which, like kid’s microscopes, were blurry and disappointing and stupid – the kaleidoscope was a device of astonishing power and beauty. The point for my six-year-old self who received his first kaleidoscope for a birthday, probably,Continue reading “My growing worries about the ANC’s plans for economic intervention”

The Second Transition

Occasionally¬†I publish slides from a current presentation series and here are a few from something I am busy with called: “The Second Transition – SA politics and policy somewhere twixt hither and yon”. The general idea is the ANC government is determined to move beyond the ‘transitional’ arrangements that it agreed to in 1994 andContinue reading “The Second Transition”

Nationalisation revisited revisited … if you know what I mean

In case anyone was wondering if I had disappeared into the ether: I have been seriously busy and have had no time to post on the blog. If you were paying extra attention, you may have noticed that a post reviewing the nationalisation of mines debate appeared and disappeared a few weeks ago. My mistakeContinue reading “Nationalisation revisited revisited … if you know what I mean”

If this is the New Growth Path what’s the Old Growth Path?

This is the second of three articles about the New Growth Path (NGP) Framework released last week by the Ministry of Economic Development. One of the architects (I must assume) of the NGP, Neva Makgetla  (an economist long associated with Cosatu and now deputy director general in the Department of Economic Development) recently examined bothContinue reading “If this is the New Growth Path what’s the Old Growth Path?”

Stalking Horses at the NGC

I have been sickly and trying to pay the bills. All my ‘paid for’ commentary on the NGC is done and I can finally get back to home ground where I feel more comfortable to make some wild accusations – and I will, finally, be more explicit in this post about who I think theContinue reading “Stalking Horses at the NGC”

Are we there yet?

The ArcelorMittal /Imperial Crown Trading deal (in all its complexity) is deeply threatening to the future of investment in South Africa. If I ran a display indicating threat levels to the South African democracy the readings would be higher now than at any time since the successful establishment of majority rule in 1994. Such aContinue reading “Are we there yet?”

DA success, Xenophobia and Malema – the hidden connections

Much is happening on the political front that I would love to be discussing here, but paid work is, thankfully, taking up my time this week. Thus the following is broad brush and a little rushed – the point I wanted to make is that the issues are all connected – in dark and unsettlingContinue reading “DA success, Xenophobia and Malema – the hidden connections”

Eskom, the ANC, government and public trust

The extreme nature of the reaction to the electricity price increase is about a number of things, perhaps most obviously: the public and institutional suspicion that the crisis in Eskom is due to cronyism at a management level and looting via tender abuse by a politically connected elite, and the Great Recession has left theContinue reading “Eskom, the ANC, government and public trust”

Nationalise or Starve … or both

Here is a radio interview that was not conducted with me this morning: Why would the ANCYL want the state to grab 60 percent of an ailing mining industry? Because Julius wants everyone to be able to afford a R250 000.00 Breitling like the one on¬† his wrist … oops sorry, wrong piece of paperContinue reading “Nationalise or Starve … or both”