Benchmark contracts head for weekly gains as recession fears ease
The fun and games in this innovative and rapidly changing sector will be well worth watching
Upgrade of outdated tobacco law on the way at last
The premier announced her cabinet after a meeting with the ANC’s deployment committee and its alliance partners
In a brief statement the telecom group says it has noted the interest by peer Rain in a tie-up, but no formal offer has been made
Credit bureau sees more defaults ahead as central bank increases interest rates
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
The monetary policy committee increases the key policy rate to 6% from 5%
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
US secretary of state Antony Blinken visits SA, a fire in Cuba damages its main fuel storage facility, Kenyans vote for a new president, protests in Venezuela, and more
Excellence is not a word you will readily find in the ANC’s vocabulary. More than the word, it is an alien concept. Not just a value incompatible with the party’s organisational culture, but in many respects at odds with it. Thus, it is detested. The consequences have been profound. The party’s slow-motion implosion can be attributed to many different factors, but its contempt for the idea of excellence is central to them all.
To understand why, it is necessary to understand the ANC’s primary animating force: majoritarianism. Consensus is an essential political tool, but consensus for its own sake is little more than a euphemism for mediocrity and populism. Many hard but right decisions are inherently unpopular. A good leader, able to bring to bear vision and conviction, can carry the day. A poor leader will simply put any issue to the vote...
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