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”

The new songsheet of the Left

A quick run through documents and press statement emanating from the Congress of South Africa Trade Unions and the South African Communist Party reveals the existence of a new ‘song sheet’ our crimson brethren have devised to help them sing in tune with each other. This is something more than a coordinated set of slogansContinue reading “The new songsheet of the Left”

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 onĀ  his wrist … oops sorry, wrong piece of paperContinue reading “Nationalise or Starve … or both”

Sexwale: Oh I just can’t wait to be king!

The spat over Tokoyo Sexwale’s report criticising Gwede Mantashe for not stopping the booing and humiliation of Julius Malema at the SACP conference in December is more important than it seems. The direction a country takes (economically, socially and culturally) emerges from the interplay of too many factors to make the future even vaguely predictable.Continue reading “Sexwale: Oh I just can’t wait to be king!”