Business

Drawing instructive lessons of leadership from champions of supreme iniquities

Great leaders leave for later generations the task of imitation and identify themselves through constant response to the rhythms of changing circumstances; they turn the inchoate emotions of the mob to the purpose of their own; they seize on the opportunities of their time, the confiding hopes, fears, frustrations, crises and potentialities; and they succeed…

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Is big business pursuing transformation half-heartedly?

In late 2003, the then Sasol CEO Pieter Cox made a serious error of judgment by citing Black Economic Empowerment (BEE) as a risk factor in a document that the company had to compile in terms of New York Stock Exchange (NYSE) regulations, reporting that, “there could be risks to shareholders that value may not…

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OPEC: a cartel of remorseless oil sharks

The Organisation of the Petroleum Exporting Countries (OPEC)’s supposed mission is to coordinate and unify the petroleum policies of member countries and ensure the stabilisation of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital to those…

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Google does evil?

Google South Africa has abused its position of dominance in the online advertising market and has used underhand methods to win a major online advertising account with the SA Yellow Pages website. [Update: Allegedly, of course.] You can read the full press release here. In a nutshell, Entelligence was awarded the online marketing contract for…

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Sound monetary policy post-Mboweni under threat

Tito Mboweni, Governor of the South African Reserve Bank, has indicated that he has no desire to serve beyond the two terms as chief of the bank. It is a decision that feeds conspiracy theories, especially when the end of his term almost coincides with the beginning of the new populist government of the ANC….

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SA within Southern Africa: Regional economic integration for poverty reduction?

A couple of years ago in a radio interview on South Africa and Africa, my response to a question on how well was South Africa doing compared with the rest of the continent was that “although there are broad areas where one can safely argue that South Africa is doing relatively well compared with other…

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One step closer to Paypal

As any South African who has tried to make money online undoubtedly knows, Paypal does not allow us to receive funds via its system. We can only use it to spend money at other merchants, most often via our credit card. This has been a huge bottle stopper in the e-commerce climate in this country….

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Happy birthday Mr Morris

“It was the worst of times, it was the best of times; it was the age of foolishness, it was the age of wisdom; it was the epoch of incredulity, it was the epoch of belief; it was the season of Darkness, it was the season of Light; it was the winter of despair, it…

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I’ve had it with the men in this country

I’ve had it with the men in this country and their Neanderthal views toward women — whether in relationships, from the judiciary or Parliament — the workplace or motherhood. Women constitute more than half the workforce in this country and overwhelmingly carry the burden of child rearing. There are more single mothers than women in…

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Challenges to the SADC free trade area

Following the Maseru trade protocol in 1996, the SADC trade protocol was implemented in 2000 with the aim of creating a free trade area in 2008. SADC managed to achieve this important milestone for the region by launching, at its summit held recently in Sandton, Johannesburg, the SADC free trade area (SADC FTA). President Thabo…

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