Africa

 

From Polokwane To Junk Status: The Rapid Radical Goose-Step To The Left

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By Mike Smith 4th of April 2017 “Junk Status”…the first step to being an economic basket case like Zimbabwe…or a Communist Utopia…depending on how you look at it. 23 Years…What took the ANC so long? I am extremely disappointed in them and I am sure the SACP too. I honestly thought they would reach this..
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Trevor Manuel wants oath-breaking Zuma to resign

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Trevor Manuel is the highest profile ANC leader yet to call on President Jacob Zuma to resign. A politician since 1981 and South Africa’s highly respected Minister of Finance from 1996 to 2009, he served presidencies of Nelson Mandela, Thabo Mbeki and Kgalema Motlanthe. Manuel chaired the National Development Plan and during the First Zuma..
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Not only whites eager to escape South Africa

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There has been a notable increase in the number of people looking to emigrate from South Africa following the economic and political events of this past week. This is according to immigration consultant, Chris Watters, who spoke to 702’s Abongile Nzelenzele. “On average we may receive a couple of inquiries a week whereas this week..
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Food Prices my rise due to Radical Economic Transformation

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The fact that the new finance minister appears quite indifferent about the country’s newly acquired junk status, and the fact that President Zuma did not want to talk about it, is shocking. It shows an absolute indifference to the fate of consumers and the poor of the country, said the president of TAU SA, Mr…
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Institute of Race Relations states that BEE failed

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What the public have long known by visible experience, is now recognised – black economic empowerment is a failure. This is confirmed by the Institute of Race Relations. Only 14% of the country’s blacks benefited from BEE. But what is not mentioned in the report, is the millions that went to the top ANC cadres..
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The True Reason behind the sacking of Gordan and what will happen next

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What explains the allegedly irrational decisions taken by the South African government over recent days? Two explanations suggest themselves. The first is that the decisions were not irrational, but part of a calculated power-play designed to further entrench the Zuma-aligned faction of the African National Congress (ANC). The second is that Mr Zuma took the..
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The Big Read: The Guilt Of The Gutless Three

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STRAW MEN: President Jacob Zuma with Gwede Mantashe, Cyril Ramaphosa and Zweli Mkhize.  One day, when the history of South Africa is written, three men will be remembered for having sold their organisation, their people, and their country down the river. Those three men are Cyril Ramaphosa, Gwede Mantashe and Zweli Mkhize – the deputy..
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Zuma’s new excuse for SA’s problems “White monopoly capital”

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The rising talk about ‘white monopoly capital’ as an obstacle to economic inclusion in South Africa is a red herring. The call for radical economic transformation has grown louder following President Jacob Zuma’s 2017 State of the Nation Address. Accompanying these calls is a line of argument that says “white monopoly capital” is to blame..
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What is going to happen to our Economy now … Zuma tells Communist Party Gordhan is out

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Johannesburg – South African President Jacob Zuma told senior leaders of the South African Communist Party that he plans to fire Finance Minister Pravin Gordhan, according to three people with knowledge of the matter. The rand plummeted. Zuma told officials from the party, which is allied to his ruling African National Congress, during a meeting..
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Open Letter: White South Africa Faces Adapt Or Die Moment As ANC Talks Up Radical Economic Transformation

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Facing the next key fight for his political future, acornered President Jacob Zuma has this year decided to notch up rhetoric on ‘radical economic transformation‘. As part of this call and amid the Zuptoids’ growing use of terminology such as ‘white monopoly capital’, Zuma recently sparked further scares in the local and international investment communities..
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