Business

Remembering Howard Preece

Remembering Howard Preece 16.09.1939 – 07.09.2016 Oxford-educated and incredibly sharp, Howard Preece for a time dominated economics journalism in South Africa. The former editor of the Rand Daily Mail’s finance section won the economics section of the Sanlam Awards for Financial Journalism often, and the overall award four times, starting in 1975. He was editor…

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Our fragile economy demands leadership with strategic foresight

Economic prosperity for any nation is not an outcome achieved on the basis of one policy focus and strategy. It is a result of a carefully chosen and managed set of development drivers and priorities in a complex system with a causal network of linkages that must work together to deliver the economic growth and…

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A Student Bank to fund free education

#FeeesMustFall is a continuation of the campaign waged by historically black universities. The objective of this campaign is to problematise the current tertiary education funding model. The current funding model places an undue burden on poor, working class and middle income household students. The NSFAS loan model has become a debt sentence for economically poor…

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We can fund higher education without it being free

For some time now, I have been concerned with how tertiary education is funded in South Africa and called for the matter to be reviewed with urgency on numerous occasions as we were sitting on a ticking time bomb. It seems that bomb may have exploded.   Having said that, this isn’t a simple challenge…

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Marikana: Moment of reckoning with whole extractive system

Marikana widows want BASF to admit its complicity as part of the platinum supply chain. The extractive sector in post-apartheid South Africa remains a hotbed of labour and environmental exploitation, with people still working underground in unsafe, unhealthy conditions.  Mining communities continue to be excluded from having a fair share of the wealth accumulated from…

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Tackle inequality vigorously to reduce racism and other social pathologies

A unique characteristic of South Africa as a society is the racialised structural inequality and unemployment inherited from the apartheid period. It was an intended and planned outcome of a warped strategy and a set of policy positions designed and rigorously implemented to achieve it. In a very weird way the outcome was hugely successful…

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How Pokemon Go has changed the behaviour of millennials overnight

If you are yet to hear about Pokemon Go by now, you must have shut yourself off from all media and people for the past week. Since its phased roll-out launch a week ago, Pokemon Go has taken over the news, the internet and the lives of Millennials the world over. The free to play mobile augmented…

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Brexit, capital as meta-body, and mytochondria

So it did happen in the end. Brexit. Against expectations, judging by the polls immediately before the referendum on 23 June. But looking back, it is not surprising that it happened. Most of those voting to leave are older voters, whose emotional ties to a Britain before the “free movement” immigration from European Union countries…

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Ubuntu and eco-feminism as an antidote to neoliberalism

How many people have noticed that neoliberal capitalism undermines the values of ubuntu (“I am because others are”) as a traditional African practice? And how many know that ubuntu and ecofeminism share some fundamental principles and values? I know of at least one such person, and her work in this regard is extremely significant. In…

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Black economic empowerment is not black economic empowerment

By Michael Nassen Smith The BEE drum has been beaten many times before on both the right and the left on South Africa’s political spectrum. A recent piece on PoliticsWeb penned by John Kane-Berman gave what has become a standard liberal right critique of BEE. I think Berman is right to bemoan the influence of…

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