ANC

Could Abil’s failure be the beginning of the new era of economic empowerment?

Until now, economic inequality has been dealt with at the highest level through Black Economic Empowerment equity participation and at the lowest by microlending. Neither is a sustainable model. You can’t borrow money at a 10% interest rate to buy shares with a 3% dividend yield unless you’re in a sustained bull market. via www.bdlive.co.za […]

Could Abil’s failure be the beginning of the new era of economic empowerment? Read More »

ANC were campaigning this weekend, buffoonery but no Zoomer

Those poor volunteers handing out pamphlets on the corner of the William Nicol and Republic (in Johannesburg).  I did not take a pamphlet but my mate Chris did.  I would imagine that these somewhat deluded campaigners could count the number of comments from passersby that didn't refer to Nkandla on one hand.  I thought I'd

ANC were campaigning this weekend, buffoonery but no Zoomer Read More »

Mantashe: Anglo, Amplats ‘stole’ our money (and put it into a FNB Account)

Mantashe reportedly said Anglo and its platinum unit Amplats (AMS), “must deal with South Africa as a country with respect,” he said. They shouldn’t “deal with South Africa as a junior partner,” Mantashe said. “It means that if there is a problem you engage on problems with South Africa,” Bloomberg reports him as saying. via

Mantashe: Anglo, Amplats ‘stole’ our money (and put it into a FNB Account) Read More »

ANC outraged over Wikipedia censorship

The African National Congress feels the "censorship" done to their entry on internet encyclopædia, Wikipedia, is "outright vandalism" and uncivilised, it was reported on Wednesday. Certain phrases on the webpage that described information about alleged corruption within the party were blacked out. ANC spokesman Keith Khoza told News24 online that the changes to the webpage

ANC outraged over Wikipedia censorship Read More »