Hungarian energy group MOL has transferred the transit fee for use of the Ukrainian section of the pipeline
None of the interventions addresses the dysfunction that makes an initiative like this necessary in the first place
But Numsa’s Irvin Jim is adamant the sector can absorb the union’s demand for a 20% wage hike, way above the 6.5% headline inflation rate
MEC for economic development, tourism and environmental affairs Ravi Pillay resigned as a member of the KZN legislature and as a member of the executive committee
The hefty hike will be felt by all South Africans when gas-reliant manufacturers such as those that produce bread, are forced to hike prices
That would allow President Ranil Wickremesinghe time to institute tough economic reforms to secure a bailout from the IMF
Failure to win on Saturday would put coach Ian Foster and captain under pressure in terms of their future with the team
Chris and Suzaan Alheit have been making some of the Cape’s finest whites for the past ten years, the latest vintage being no exception
In many ways SA is ahead of the US in terms of political maturity. A big US party embraces the lie that it won the last election. Nearly half of its members consider the use of violence to “stop the steal” to be acceptable.
Here in SA we have the Zondo commission detailing how a big faction in the governing party set out to capture and dismantle the state. What is termed “state capture” is as much a coup attempt as the storming of the US Capitol. Only here no-one condones it.
However, as demonstrated by President Cyril Ramaphosa and former president Thabo Mbeki, our honesty still falls short. The sitting president refuses to go on to conclude that so-called black empowerment (BEE) and cadre deployment opened the door to state capture.
The demographic obsession of the ANC has in effect taken experienced minorities out of the equation when it comes to staffing the public sector. Measures of competence (and, yes, ethics) have been discarded. This almost begs an unscrupulous leader such as Jacob Zuma to insinuate his loyalists into the top reaches of the state.
If the proven ability of minorities are no longer relevant in evaluating candidates, all parameters fall away. The real tragedy is that not only the skilled minorities but also the most suitable black candidates are ignored. Loyalty to a leader who wants to make the state his plaything is all.
If Ramaphosa really wants to cauterise any future state capture attempts he must prevail upon his party to abandon so-called BEE and cadre deployment.
Willem CronjeCape Town
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.