Nasdaq and S&P 500 see the biggest single-day gain in two weeks
Choice is between democratic openness and parasitical elites having their way
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Evraz is under sanctions by the UK and EU after Russia’s invasion of Ukraine
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Emergence from EU’s enhanced surveillance framework will allow the country greater freedom in making economic policy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Now more than ever, there are tangible reasons to believe that Africa’s time is now as major firms invest in African brands, from music and art to fashion
It would be impolite to describe the ANC’s head of economic transformation, Mmamoloko Kubayi, in words that I use around the house — like when I stub my toe or knock my knee against something in the dark. The best I can do after comments attributed to Kubayi — for business to “invest unconditionally” — is to describe them as ill-informed, misguided, ignorant and dangerous.
I would like to put on my clever-people cap, sit her down and explain how corporate investment works, especially the power relations that shape negotiations around foreign direct investment (FDI). Of course, I may be accused of “mansplaining”, “undermining black excellence” or “treating an African woman with disrespect”, but Kubayi represents the liberation movement that governs SA (the one that brought the country close to the event horizon of a massive black hole), and whatever she says in her capacity as “head of economic transformation” ought to be taken seriously. The future of future generations is a...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.