In the light of South Africa’s new republic status I thought that we could enter into a trade agreement with UK for the export of bananas but do we have to wait two years before UK law will allow SA shaped ones to be allowed in? Britain’s looming exit from the EU and presumably from… Continue reading Brexit and South Africa
Various countries have implemented minimum wage legislation with a sufficient degree of success to justify it becoming established policy. But South Africa with its very high unemployment rate (especially when judged on the broader definition, which includes those who have abandoned looking for work) and lack of skills is not an obvious candidate. The concern… Continue reading A Minimum Wage in South Africa
There has been wall to wall commentary on both Trump and Zuma but very little on the similarities between the two (though since starting to look at this I have seen that Eusebius McKaiser has come in for some strident criticisms over related remarks which I did not see). The similarities are quite striking though.… Continue reading Trump, a Zuma clone?
First published 1 Dec 2015 More on SAA. In a recent newsletter I mentioned that certain people were having a Dudu while the chairperson was renegotiating leases/purchases. Then the 19 November Business Day reported SAA as saying that it was ‘implementing a policy to set aside 30% of its procurement for small and black business… Continue reading SAA#2
First published 1 Dec 2015 Jan Smuts. In another arena I commented on a new biography of Jan Smuts. I read recently that it was Smuts who inspired Nelson Mandela to enter politics (listening to him at a 1939 Fort Hare graduation ceremony as mentioned in A Long Walk to Freedom) and in turn it… Continue reading Jan Smuts
First published 19 Nov 2015 (With acknowledgements to Business Day). SAA, now under Treasury supervision, had a contract to lease five A330s from Airbus. CEO Dudu Myeni, solely off her own bat, tells Airbus this is to be renegotiated to a sale by Airbus to an unnamed third party, apparently with severe consequences for cashflow and… Continue reading SAA#1