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On a day when every South African will make a conscious personal decision to either protest or carry on with business as usual, my BizNews colleague Jackie Cameron shares something of what is at stake.
In trying to understand South Africa’s turbulence, yesterday I sought guidance from RW Johnson’s masterpiece.
Current events in South Africa are a stark reminder of a warning delivered in 1974 by Brazilian economist Edmar Bacha.
Thinking South Africans were shocked after their corrupt President removed a respected Minister of Finance (and deputy) for the sole reason he is incorruptible. ANC stalwarts, the business community, church leadership, organised labour and most of the media are furious. They have started to mobilise, with the first of planned rolling mass actions yesterday building … Read more
Anyone who has tackled complex jigsaw puzzles knows how standing back is the best way to see how pieces fit together. Being able to watch South Africa from afar provides similar benefits. Especially last week.
Allan Gray is looking past the fear and noise around Brexit and says it has high hopes for two SA-grown companies.
Honesty in a society is dependent on “good institutions that limit cheating and rule violations – crucial for prosperity and development.”
Have investors seen the end of the Trump dividend as the Dow Industrial Jones experienced its longest losing streak in six years. See how it impacted the Biznews global share portfolio.
Pravin Gordhan is a big loss. And having a close Zuma loyalist sets any number of alarm bells ringing. But at least he is not Brian Molefe.
Rumour and speculation remains just that. But one thing is certain. This is going to be a week to remember for South Africans everywhere.