With ever-rising interest on loans in South Africa, there are growing calls to create community banks that use the "profits" to the benefit of community members, and not to continue enriching billionaire bank executives.
Tagged under Advocacy & Solidarity South Africa Community banking
The rising gap between the top rich including chief executive officers of private banks whose salaries are beyond imagination and the majority who are very poor in South Africa is worrying. The culture of greed capitalism has to stop to avoid a national catastrophe.
Tagged under Labour & Political Economy South Africa Bank CEOs
In this article, the author believes that South Africa's current President, Cyril Ramaphosa, is serving the interests of the British Empire and its capitalist allies and not those of his people, especially Black people who overwhelmingly support the ruling African National Congress.
Tagged under Global Pan-Africanism South Africa British Empire
South Africa is running out of water, yet every day the push is to export more. Most of South Africa’s exports outside of mining are agricultural produce; most going overseas to the rich countries and through out that production process, goes South Africa’s (and Africa’s) water.
Tagged under Violence & Peace South Africa Water crisis
The author argues that arable land that is used for entertainment and other recreational activities in South Africa could be used for agriculture to feed millions of South Africans who cannot afford a decent meal. Trying to "safeguard" the interests of the middle class by keeping that land for leisure instead of using it for the general good will not protect the interests of the middle class either.
Tagged under Land & Environment South Africa Land reform
South Africa has a serious drinking problem, but alcohol companies always get their way out. The author calls more regulations to ensure that alcohol companies pays for the consequences that come with heavy drinking in the country.
Tagged under Violence & Peace South Africa Alcohol
Big Business thought the Zuma factor was just what they needed and the Rand-Dollar traded in the 8.50 – 6.70 band. Then in January 2016, they decided Zuma was bad for business, warning shots were fired, the Rand fell almost to 17. Now Ramaphosa is what Big Business wants!
Tagged under Labour & Political Economy South Africa Cyril Ramaphosa
The judgment has been handed down on Helen Zille, leader of South Africa’s opposition Democratic Alliance, muzzling her from any party related communications in future. She said that colonialism wasn’t all bad. Her tweet was insensitive but true, the backlash furious and nonsensical. Why? I blame black guilt, which I understand very well, because I’m white.
Zuma shouldn’t be president, that’s obvious. But that he is the problem and that to replace him with Gordhan or Rhamaposa is the answer, is totally misguided. The problem reaches back to Zuma’s predecessors and to economic policy as a whole. Zuma is a symptom, not the cause.
Donald Trump says he is a devotee, born again, his Christian conversion claimed through the James Dobson ministry. As a committed Christian he is bringing his private beliefs (how strong the man’s faith is, who can tell?) into the workplace. He is stacking his cabinet with a range of faith first, science second quacks, a move that in the face of Climate Change is an assault on all of mankind.
Donald Trump is by far the most controversial president the US has ever offered the world. But behind the headline churning, attention grabbing façade, is there any difference between him and the 44 US presidents that have come before?
The malaise of America has to be something about an inability to see, hear and feel the truth about itself. The worst social equality rates, a failing education system which indebts thousands of graduates for life while contributing to the advancing poverty of unsustainable wage and excessive military spending are just a few arguments in favour of building a wall, so that USA can figure itself out.
Tagged under GovernanceZimbabwe’s violent dictator is once again the darling capitalist of the West. The reason is the standard and most simple: Zimbabwe has the world’s second largest reserves of platinum, its uranium production is going westwards and Mugabe has agreed to toe the line on the marketing of the world’s largest ever single field diamond operation, Marange.
Tagged under Governance ZimbabweWhat will it take to make the world shake its head and see that America is a fascist dictatorship, brutalising the world? Why in the arena of global sports is America welcome?
Tagged under GovernanceEurope has come face to face with the world it created, having actively participated in the military destruction of other nations. The fate of the refugees now fleeing their ruined nations is not unlike that of millions of black people in South Africa rendered hopeless by apartheid and its successor ANC regime.
Tagged under Violence & Peace South Africa
The tactics that the once revered liberation party ruthlessly deploys to protect its corrupt bigwigs and their business associates from justice are simply shameful. President Zuma and allies have now become fully untouchable by anti-graft prosecutors and investigators.
Tagged under Governance
As the British Empire travelled around the globe, annexing land and enslaving people, bloodshed was always closely followed by cricket. It is for this reason that cricket has the power to bring people and nations together and it is for this reason that this legacy, left behind in the greedy and brutal pursuit of power and wealth, can be considered a gift. The Cricket World Cup is under way in Australia and New Zealand, 14 February - 28 March, 2015.
Tagged under Violence & PeaceOver 100, 000 African elephants have been killed by poachers in just three years. But the greatest threat elephants is not parts of the world’s appetite for ivory, but something far more dangerous and difficult to stop: Climate change. Each of us can do something about this.
Tagged under Governance
Colonialism and capitalism have produced a profiundly unjust food regime, imposing on Southern Africans a diet that generates widespread malnutrition and obesity. The solution to this problem lies in a concerted government-led efforts to implement local solutions that prioritise people over profits.
Tagged under Governance