Greenblo: With Jonas uneasy in the chair, PIC now ripe for State Capture
May it never happen, but the Public Investment Corporation is a sitting duck for state capture. Be wary, for it’s as easily done as said, says Allan Greenblo.
May it never happen, but the Public Investment Corporation is a sitting duck for state capture. Be wary, for it’s as easily done as said, says Allan Greenblo.
Former SABC journalist Ed Herbst rolls back the clock to 2013 and highlights one of the more disgraceful acts of bias from the state broadcaster.
The lack of good management in government is at the heart of everything that’s making South Africa sick. It’s like a loss-making company, says Ted Black.
Allan Greenblo digs a little deeper and shows that Cabinet actually contravened it’s own statutes by trying to influence the banks to do business with the Gupta-owned companies.
Should Pravin Gordhan be replaced, he will obviously be replaced by a man Zuma can trust. Such a man, it is speculated, could be Eskom CEO Brian Molefe, says Daniel Sutherland.
Donwald Pressly says many questions are raised about whether the PIC has carried out its mandate of protecting pensioners’ interests by openly aiding and abetting Independent Newspapers.
Pravin Gordhan said Wednesday he did not know if the Gupta family was under investigation on charges of illegally moving money out of the country.
The short of it is that Shiva is a worthless asset, that cannot be economically mined, unless the price for uranium is at least $100/lb, says Biznews community member Daniel Sutherland.
Nkosazana Dlamini-Zuma’s dealings with the Gupta family are worse than those of her ex-husband, President Jacob Zuma, EFF leader Julius Malema has claimed.
Economic Freedom Fighters leader Julius Malema has lashed out against South Africa’s trade unions, calling them “unions for management”.