The public sector wage talks this week came full circle, with government now finally offering the same 5.8% increase it started with months ago.
Dewald van Rensburg
“I am an industrialist,” says Ndaba Ntsele, chair and co-founder of the Pamodzi Group, president of the Black Business Council (BBC) and one of the leading figures behind the black industrialist movement currently taking shape.
It was the so-called war room headed by Deputy President Cyril Ramaphosa that leaned on the Eskom board to do something drastic this week.
In little more than a week from now, the Chamber of Mines will unveil the new platinum fuel cell attached to its headquarters in the Johannesburg CBD.
The president’s nephew Khulubuse Zuma this week lost his latest bid to escape liability for the Pamodzi-Aurora disaster.
In his budget speech this week, Finance Minister Nhlanhla Nene emphasised the importance of keeping SA fiscal policy progressive – that is, geared at redistributing resources from the rich to the poor. His tax proposals support this principle by raising taxes for the rich. But in truth, it is far more complicated than that.
It will be several more months before the major overhaul of South Africa’s mining law is finalised, making new investment in the sector more or less impossible.
When Finance Minister Nhlanhla Nene tabled his budget review on Wednesday, he was guesstimating in crucial parts.
Government missed its tax targets by more than anticipated and now South Africa is in for a double dose of both higher taxes and lower-than-expected state spending.
It is hard to say for sure if South Africa is the “most unequal society on earth” because, for much of the world, there isn’t enough information to make fair comparisons.
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Rhodes was a nasty piece of work. The statue should have been pulled down and given to the Apartheid Museum in about May 1994.
The recent cancellation of the Cape Times subscription by Helen Zille’s provincial government tells us a lot about Zille’s character as a politician and her party.
Conspicuously absent from the heated debate about the removal of the statues honouring colonialists and apartheid’s great apostles is the country’s political leadership.