The rising talk about ‘white monopoly capital’ as an obstacle to economic inclusion in South Africa is a red herring. The call for radical economic transformation has grown louder following President Jacob Zuma’s 2017 State of the Nation Address. Accompanying these calls is a line of argument that says “white monopoly capital” is to blame..
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Zuma’s new excuse for SA’s problems “White monopoly capital”
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Zuma pull out his guns – N24
President Jacob Zuma took a strong stand at this weekend’s national executive committee (NEC) meeting in Irene in Gauteng, defending his position on the issue of land expropriation without compensation, and challenging his critics to read the ANC’s 2012 conference resolutions if they disagreed with his views. City Press heard that Zuma had “set the..
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Open Letter: White South Africa Faces Adapt Or Die Moment As ANC Talks Up Radical Economic Transformation
Facing the next key fight for his political future, acornered President Jacob Zuma has this year decided to notch up rhetoric on ‘radical economic transformation‘. As part of this call and amid the Zuptoids’ growing use of terminology such as ‘white monopoly capital’, Zuma recently sparked further scares in the local and international investment communities..
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Zille’s tweets the biggest headache for Maimane
Western Cape Premier Helen Zille must be “dealt with” for her praise of colonialism and expelled from the party, several DA leaders said on Wednesday. They believed that how the party handled her defence of colonialism would test the party’s commitment to non-racialism. The leaders, who spoke on condition of anonymity, include members of the..
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Racism will soon be a crime punishable by law
Jacob Zuma claims that the ideology of racism remained firmly entrenched among some population groups. Practising racism and racial intolerance will soon be an offence punishable by law in South Africa, according to President Zuma. Addressing a small but very enthusiastic crowd at Victoria Grounds in King William’s Town, Eastern Cape, to mark Human Rights Day, Zuma..
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Replacing South Africa’s finance minister, or his deputy, would carry a heavy cost
Many see the decision by South Africa’s governing African National Congress (ANC) to send the disgraced former CEO of the power utility Eskom to parliament as the precursor to another attack on the National Treasury and to remove finance minister Pravin Gordhan. The decision to give Brian Molefe a seat in the country’s parliament has..
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SAA to remain under intense government oversight – Gordhan – Budget 2017
SAA will remain under intense government oversight, Finance Minister Pravin Gordhan said in his report contained in National Treasury’s 2017 Budget Review, which he tabled in Parliament on Wednesday. Referring to recommendations made by the Select and Standing Committees on Finance on the 2016 Revised Fiscal Framework, Gordhan said the committees recommend that National Treasury..
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Zuma: We are not racist when we say whites own land
Addressing land ownership in South Africa does not make the government racist, President Jacob Zuma said in his reply on Thursday to MPs who had debated his State of the Nation address (Sona) earlier this week. Zuma was speaking inside the National Assembly in Parliament, where his comments on land reform were met with applause…
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ANC plans ‘constitutional revolution’ on land
The government is planning a “constitutional revolution” to fast-track land reform, including considering expropriation without compensation. The ruling party also wants land reform to include restitution for “precolonial dispossession” before the 1913 Native Land Act came into force, and a cap on the amount of land an individual can own. With most South African land..
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A MUST READ: Zuma’s Secret Blueprint For Total Power – Lily Gosam
An ambitious plan to redraw provincial boundaries, control the treasury and conclude mega-deals to keep the ANC under Zuma control was hatched * Lily Gosam is a pseudonym INTRODUCTION In 2009 [president] Jacob Zuma secured the highest office in the land, in large part due to the composition of South Africa’s 1994 provincial map. And..
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