The world is changing fast and to keep up you need local knowledge with global context.
Alec Hogg’s regular column covering investment, economics, moneycraft and, occasionally, something very personal.
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Put differently, South Africa has suffered electricity blackouts for 81 of the 277 days so far this year. That’s one day in every three.
Bottom line: Total net investment capital exported by foreign investors since Cyril Ramaphosa took the helm now exceeds R1 trillion.
The DA’s leader in the Eastern Cape, Nqaba Bhanga, believes the unfolding coalition drama in Johannesburg is perhaps a cautionary tale for managing coalitions in Nelson Mandela Bay where his party’s Retief Odendaal has just assumed the mayoral position.
De Ruyter told the Sunday Times that being bugged is not unexpected with “a lot of agendas at play” surrounding the struggling Eskom.
A Bain media statement attributed to “a company spokesman” hit Alec’s inbox late last Thursday. It is delusional to the point of insanity.
“We deeply regret the mistakes made in the procurement and execution of Bain South Africa’s (Bain SA) work with SARS between 2015 and 2017.”
Capitec sent a strong message to Pretoria yesterday: It’s successful companies like ours that are actually keeping South Africa’s wheels turning.
Living among them taught Alec Hogg that among the best qualities of British people is a deep affection for the understatement.
Perhaps the best thing is for Cyril Ramaphosa to announce a judicial enquiry into the capture of the criminal justice system, writes Paul O’Sullivan