The end of China’s one child policy – who cares?

China has announced the easing of its so-called one-child policy, a policy that restricted many couples in China to a single offspring, although there were always many exclusions, such as an exclusion for rural people, or for couples where both partners were only children. Some parts of the media have hailed this as an important … Read more

Telkom: Time to bet on its Dream Team; always had great assets, but now being well managed for first time

I’ve been warming to Telkom lately. During research into the saga around the suspension of its CFO Jacques Schindehutte it became apparent that new chairman Jabu Mabuza has used his considerable influence to gather around him a board and management that’s as close to a Dream Team as SA can deliver. Today’s announcement that Vodacom’s … Read more

Insider’s view of what went wrong at Abil, ways to fix the unsecured lending problem – Abil’s former CFO Dave Woollam

Dave Woollam had a 25 year career in financial services, moving from Tom Boardman’s BOE through to the boom times at African Bank (Abil). But a serious disagreement over strategy with Abil’s CEO Leon Kirkinis caused him to leave the now beleaguered micro-lender three years ago (although it was spun rather differently at the time … Read more

A spiral of strikes, unsecured debt, job losses, and poverty – the latest on mining & manufacturing

Recent data from the Manufacturing Circle shows that, perhaps unsurprisingly, confidence among South Africa’s manufacturers has remained weak in the three months to the end of September. As the wave of strikes continue – the latest being a strike among transport workers – manufacturers, and their peers in the mining sector, are facing major challenges. As Pan-African … Read more

More People Power: Court forces Eskom to dismantle 4.5km of power lines, but it now threatens to erect them again

A few weeks ago attorney Anthony Norton told us about a court action where Midrand homeowners took Eskom to the High Court because the State utility illegally erected power lines on private property. Norton’s clients won the case and Eskom was instructed to remove the structures. As you’ll read below in the transcript of today’s … Read more