From left: Sars commissioner Tom Moyane, deputy finance minister Sifiso Buthelezi and Finance Minister Malusi Gigaba. Picture: GCIS Officials from the SA Revenue Service (Sars) say they met President Jacob Zuma four times on different aspects of tax compliance involving his family. The first was when his son, Edward, was in the taxman’s cross hairs..
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How The Taxman Was Broken
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They Said It Couldn’t Be Done…And Now…?
“It does not take a majority to prevail… but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men.” – Samuel Adams Cape Town Cape Town Pretoria …We are doing it! Almost two years ago in 2015 I introduced my readers to the techniques of Strategic Non-Violent Conflict in..
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Trevor Manuel wants oath-breaking Zuma to resign
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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Food Prices my rise due to Radical Economic Transformation
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
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
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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Act Of Stupidity Or Not?
The ANC mistakenly sent notes about its national working committee meeting to its media national working committee meeting on Tuesday night April 4, 2017.The NWC met in Johannesburg as divisions deepen following President Jacob Zuma’s Cabinet reshuffle last week. According to the email sent out by mistake, issues discussed included: Change of leadership and attendant..
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The Big Read: The Guilt Of The Gutless Three
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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Reason behind SA’s junk status credit rating – full S&P statement
In our opinion, the executive changes initiated by President Zuma have put at risk fiscal and growth outcomes. We assess that contingent liabilities to the state are rising. We are therefore lowering our long-term foreign currency sovereign credit rating on the Republic of South Africa to ‘BB+’ from ‘BBB-‘ and the long-term local currency rating..
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Zuma’s new excuse for SA’s problems “White monopoly capital”
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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