It’s time for your weekly dose of polit-tricks. There’s a new proxy battle between the Jacob Zuma and Ramaphosa factions in the ruling ANC, and it has to do with the two versions of the party’s veterans’ league – the guys who supposedly fought in the struggle for independence: The Umkhonto weSizwe Military Veterans Association …
Last week the controversial Ingonyama Trust was dealt a heavy blow by the Pietermaritzburg High Court for making people living on ancestral land pay rent. The court ruled that the policy introduced by the trust in 2012 is unconstitutional and unlawful. That policy saw millions of people go from effectively owning their land, thanks to …
We love an entity that goes above and beyond the call of duty. Bosses at mining company Pan African Resources in Barberton, Mpumalanga, were so aghast at the lack of jobs in the area that they felt they had to do something more, Business Times reported. So they researched the most labour intensive operation that …
You have to watch how you drive now: a driving demerit system is kicking in on 1 July and will be rolled out in five phases. This is technically worse than a fine, because if you get more than 15 demerits, you risk having your license suspended for three months! For every demerit after reaching …
A politician leaves his party acrimoniously and contests elections under a new banner. So far so normal in South African politics. We’ve been here with Mosiuoa Lekota, Herman Mashaba and of course Aunty Patricia de Lille, who’s made floor-crossing a competitive sport. So when Mmusi Maimane left the Democratic Alliance in 2019 we thought it’d …
André de Ruyter is the first Eskom CEO in 15 years who has managed to reduce debt at the ailing state-owned power utility. Eskom’s debt has come down by R90 billion since he joined in January 2020. Some background: In 2005, Eskom was sitting at a debt of R30 billion; by 2020 that had ballooned …
One would swear stock markets are like a freshly pubescent teen: sensitive to literally anything. When soccer superstar Cristiano Ronaldo moved two bottles of Coke from his desk during a press conference and encouraged people to drink water instead, the Coca-Cola company lost $4 billion in market value. The numbers indicate that shares fell by …
Despite our earlier optimism, the third Covid wave is rapidly starting to look like it will outpace the first and second. In the last 24 hours, 13 246 new cases were reported and hospital admissions are rising. Gauteng is becoming the epicentre this time; its hospitals are close to being overwhelmed In case you missed …
We never thought it would happen. South African Airways (SAA) is pretty much on the road to being privatised after the government sold 51% – a controlling stake – of our national airline to a private consortium with serious aviation industry chops. The “p” word – privatisation – has long been considered blasphemy by our …
1. OUR TAKE: NEW WINGS FOR SAA We never thought it would happen. South African Airways (SAA) is pretty much on the road to being privatised after the government sold 51% – a controlling stake – of our national airline to a private consortium with serious aviation industry chops. The “p” word – privatisation – …
17 June ’21 Wrap: PRIVATISING SA’S SOES: A STEP IN THE RIGHT DIRECTION Read More »