Posted inBusinessNews/Politics

Affirmative Action may be the under current that fuels xenophobic rumblings

The deep rumbles of discontent that have exploded into an orgy of violence, death and destruction may, rightly or wrongly, be the poor’s version of Affirmative Action. Of course, AA is nothing else but implementation of the culture of ‘putting local blacks, first.’ Its widespread and, ironically, justifiable practice has, over the last decade resulted […]

Posted inBusinessNews/Politics

Polokwane’s revenge: ‘no crisis Mbeki’ pulls the walls down

Thabo Mbeki must go. The president who has failed to see any crisis with the world’s highest rates of Aids, worst crime statistics, exploding power stations, the stolen election of a neighbouring country and scenes of unmitigated barbarism against foreigners is destroying our nation. African National Congress treasurer general Matthew Phosa is right, we need […]

Posted inBusinessMedia

Yes, business news is boring

“Is it only me, or has economic news stagnated?” asks Arthur Goldstuck, my friend and colleague from the Weekly Mail days. No, Arthur, it’s not a new development. Business news is often boring. It has often been boring. And since it is often supply-driven rather than demand-driven, much of it is likely to continue to […]

Posted inBusinessNews/Politics

Business unusual — during apartheid

Judge Korman was the lone dissenting voice against the appeal of the Khulumani lawsuit in October 2007. The appeal was lodged against the judgement dismissing the plaintiffs’ claims under the United States’ Alien Tort Claims Act. The Khulumani Lawsuit, on behalf of Khulumani Support Group and less than 100 named plaintiffs, charges 23 foreign corporations […]

Posted inBusinessNews/Politics

Building economic capacity

Last night (6 May 2008), a high-level South African government delegation arrived in Doha, Qatar for bilateral talks with that country. The agreement that would be signed by President Thabo Mbeki and Sheikh Hamad bin Khalifa Al Thani, Emir of Qatar, would conclude negotiations between the two countries that started a long time ago, but […]

Posted inBusinessNews/Politics

Apologists, ideologues and their lies

I’m really tired of drug company apologists. Take Thompson Ayodele, for example, the executive director of the conservative “think tank” Initiative for Public Policy Analysis. In a recent op–ed piece published in the Mail & Guardian, he trotted out old, tired and discredited arguments in support of uniform high levels of patent protection for medicines. […]