Sentiment remains cautious as a strong US jobs report signals a good chance the Fed will implement another 75 bps rate hike
The SA workforce should look like the people who live in the country, not an enclave of a sensitive minority
In 2020, SA exported $344.6m worth of steel and US$324m worth of aluminium to the US, according to the UN COMTRADE database on international trade
Opposition party says crime has shot up to a record high because little has been done to halt joblessness
The Pretoria high court ruled that the investment company may not be suspended from the JSE until its latest review application at the financial services tribunal has been heard
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
Priorities include building democracy, promoting development, peace, security, trade and investment, as well as cleaner energy
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
The interior designer on timeless style and a feminine design sensibility
The devastating fire at parliament, and the parliamentary speaker’s response disclaiming any responsibility, refers. Serious questions around the lack of adequate parliamentary security have been bubbling away for over a decade. There have been numerous reports of vehicles being stolen from inside the parliamentary precinct — even from three floors below ground — as well as break-ins and thefts from various offices. Little, if anything, has been done, and now it has come to this.
Yet in a country where six months after an insurrection swept across two provinces, cost the lives of more than 300 people, destroyed infrastructure and property worth billions of rand and showed the SA Police Service and SA National Defence Force and their leaders to be criminally incompetent and insanely unprepared, not a single ringleader has been identified, charged or convicted of any wrongdoing. Even the defence minister admitted to having been caught with her “pants down” and was duly rewarded by being promoted to speaker of parliament only to be caught with her pants down again. I don’t expect any answers or consequences to flow from the president and his cabinet any time soon.
On that note, would somebody please tell President Cyril Ramaphosa that we don’t need a state of the nation address this year. We all know exactly what state the nation is in. And we certainly don’t want to hear what he is going to do about it. We’ve had far too much talk from The Hollow Man these past four years (and silence for the eight years before that when he was Jacob Zuma’s deputy, some would even say lackey.) We just want to see him actually doing it.
Mark Lowe Durban
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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.