Posted inBusinessNews/Politics

The poor economy is not all Zuma’s fault

Some lessons I have learned from reporting on economic crises: * Don’t fixate on any one cause. Economies are complex webs of interrelated phenomena. Interest-rate changes are not the whim of the central bank, ie the Reserve Bank. They depend on a range of other economic actors, including our government and other economies in the […]

Posted inNews/Politics

Sona: Did you hear Zuma chuckle?

By Michelle October Last night, did anybody else hear that laugh? It was a long, satisfied, deep-throated chuckle. Just moments before, half of the parliamentarians elected to govern the country alongside Jacob Zuma and his party had rose up against him, in a last resounding, powerless attempt to make him see reason. The renegades in […]