It’s the 1st of April and I have already seen that Helen Zille has accepted an ‘elecnomination‘ to spend two weeks living in Khayelitsha, surviving on the minimum wage and using a bucket toilet. Good for her, I say. In other news the DA has announced that the Western Cape government it is going to upgrade Zille’s private residenceContinue reading “Polling, polling, polling down the river”
Category Archives: Trevor Manuel
Madonsela, Manuel, Mining and other things that are not quite what they seem
Herewith some of my latest news updates. (Just as an aside before I start: I couldn’t help but smile at Richard Poplak’s seriously over-the-top take on the Nkandla report in Daily Maverick this morning: “But Madonsela has certainly nailed Zuma to history’s grimiest post—he will be forever remembered as a thief, a fool, and a Zulu man whoContinue reading “Madonsela, Manuel, Mining and other things that are not quite what they seem”
The very fat goose, the socialists* party, all Zuma’s bets are on the NDP, mining companies show some fang and much much more
I am on my way to London to speak to the funds that buy and sell South Africa’s corporate and government bonds i.e. the market that sets the price at which the world is prepared to lend us money. Daily I become more convinced that the South African political economy is, like quick clay “so unstableContinue reading “The very fat goose, the socialists* party, all Zuma’s bets are on the NDP, mining companies show some fang and much much more”
Zimbabwe, Vavi, EFF, Amcu and other delights
Herewith my news commentary as of yesterday morning. I thought I would republish it here because it includes my brief assessments of how to think about the Zimbabwe election, Vavi and the EFF. I also, politely, imply that the Seriti commission might be a cover-up and that Amcu’s underlying objectives in the gold sector areContinue reading “Zimbabwe, Vavi, EFF, Amcu and other delights”
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”
Pictures of a possible future
I occasionally publish slides that I have used for clients as part of my attempt to examine political and investment risks to them. Below are 3 from a presentation I delivered soon after the ANC NGC. See if you can identify all the people concerned – a sort of politics general knowledge test ( youContinue reading “Pictures of a possible future”
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”
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”
The Alliance Summit is the business
The Alliance Summit on the weekend has significantly reduced confusion about policy and risk – although monetary policy is still under review. Background “The Alliance” met at Esselen Park, Ekurhuleni this weekend. This meeting consisted of the the African National Congress (ANC), the South African Communist Party (SACP), the Congress of South African Trade UnionsContinue reading “The Alliance Summit is the business”
Those aren’t Polokwane chickens!
I was dreading yesterday’s mini-budget. Firstly the objective conditions were against us. It was clear that the Great Recession was going to squeeze revenue – and therefore the space available for the new Minister of Finance to operate in. As it turns out, lower revenue and higher than expected expenditure has pushed the estimated deficitContinue reading “Those aren’t Polokwane chickens!”
Nic Borain 