Africa

The featured image above, taken in 1918, is a rare and unique one, it shows South African civilians stopping what they are doing in the middle of Cape Town and standing to attention for two minutes silence, signalled when the noon day gun was fired.

The VBS heist — arguably the most brazen bank fraud in South Africa’s history — was recently dismissed by listeners of a radio talk-in programme as a campaign by the white-controlled media to discredit the only black owned and managed bank.

Transnet CEO Siyabonga Gama is fighting for his job in a series of high court actions, but a new report by the Public Affairs Research Institute (Pari) shows that he was in charge of the parastatal at the height of its capture. 

On the advice of the State Librarian one fine day in the 1970s, a truck transported thousands of books and magazines from Pretoria’s Central Police Station to a dark hall at the Iscor state steel company, just outside the South African capital.

South Africa has dropped off the investment radar of firms and business people. It is a dark reality that a few investment lions are not going to fix.

COMMENT
Moving to a city in search of work seems to pay off for many poor rural South Africans.

The budget is about more than just income and expenditure. It should provide a vision for the economy, which deals with the current challenges but also offers an insight into the type of society we want to build.

South Africa’s prospects under Cyril Ramaphosa

EXECUTIVE SUMMARY

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