In a rush on my way from Namibia to the Garden Route – it’s a hard life, but someone has to live it. The big stories are: the continuing decline in employment numbers; the National Working Committee’s decision not to charge Zwelinzima Vavi but to criticise him for alleging that Minister of Telecommunications Siphiwe NyandaContinue reading “A Looter Continua”
Category Archives: tenderpreneurs
Ruling Alliance breaking under the strain of corruption of “members of the cabinet and/or senior party leaders or officials”
Short of an angry and vindictive divorce you don’t really get a more serious breakdown between previous partners than described by the amazingly revealing Cosatu’s press statement yesterday threatening the end of the ruling alliance because ANC has laid disciplinary charges against Cosatu secretary general Zwelinzima Vavi. This is what the statement reveals: The powerfulContinue reading “Ruling Alliance breaking under the strain of corruption of “members of the cabinet and/or senior party leaders or officials””
The Black Management Forum speaks from the heart of what it is
The Black Management Forum (BMF) is competing with the ANC Youth League to represent those who wish to gouge economic advantage from transformation and bulldoze every law, institution, practice and idea that stands between them and the smorgasbord. Listen to the BMF president Jimmy Manyi at a recent conference hosted by his organisation as heContinue reading “The Black Management Forum speaks from the heart of what it is”
The ANC is (still) the prize
Why setting back Julius Malema is important Julius Malema has received a body blow and is reeling about the ring. I mostly want to discuss why this is important – beyond the obvious reasons that drive the obsessive media focus on the grandiose little ANC Youth League President. But first a bit of context: AsContinue reading “The ANC is (still) the prize”
London Calling
Herewith a note I wrote a week ago for a South African client concerning a recent whip around the London fund management industry Foreign fund managers perceptions of South African political risk I recently had an opportunity to interact with a few London-based global emerging market fund managers. These were generally from long-only equity funds,Continue reading “London Calling”
The Monsters Ball
Take a look-see at the names that are linked in Evelyn Groenink’s excellent story about IT billionaire Robert Gumede’s wedding to Dr Portia Mkhize in Nelspruit last weekend. Ignore if you can the author’s articulate disgust at the complacent and self-satisfied comrade billionaires and their squeezes grunting at the golden trough while Leandra burns. ThinkContinue reading “The Monsters Ball”