EXPERIENCE THE DIFFERENCE

Our Vision

To be a national professional financial advisory business which focuses mainly on the needs of professionally qualified people.

Our Mission

To manage fund of funds on behalf of our clients with various risk profiles, within at least the three main asset classes, nl. Equities, Alternative Assets and Offshore Assets, actively with a macro top-down approach with specific reference to share market crashes (see Investment Approach par 9 for more info on our contrarian approach).

Kanaan Trust is an approved category I and IIA asset manager (FSP licence number: 528).


Professional Financial Advice
Core Values
History and Performance Record

TOP NEWS HEADLINES

THE BITCOIN SKEPTIC: BITCOIN WILL NEVER BE A STORE OF VALUE. HERE'S WHY
www.ccn.com - 2019-08-13
Money is not a store of value. It’s a means of exchange. Money will not retain value regardless of circumstance, and we’ve seen this in various hyperinflation scenarios. The same even goes for gold and precious metals.


BITCOIN WHALES ARE THE SMART MONEY. DON’T BE THE DUMB MONEY
www.ccn.com - 2019-08-13
Just like diamonds, bitcoins are inherently worthless and being hoarded. Just like diamonds, bitcoins are hyped by those who control it, and the media does the rest.


The Mainstream Media Wants The Mifsud Story To Just Go Away
www.zerohedge.com - 2019-08-11
Mifsud, who I have written about extensively in previous columns, is the key that turns the lock to the lid of this Pandora’s box that we refer to as “Spygate.”


Eight Reasons The EU Will Suffer Far More Than UK From Brexit
www.zerohedge.com - 2019-08-09
Here are eight reasons the EU will suffer more in both the short and long term.


Trump administration designates China a currency manipulator
www.foxbusiness.com - 2019-08-05
The Treasury Department on Monday officially declared China Opens a New Window. a currency Opens a New Window. manipulator, after the yuan fell to a more than 10-year low against the U.S. dollar overnight.


Mkhwebane gets another legal hiding – Gordhan’s interdict
www.biznews.com - 2019-07-30
The remedial orders of the Public Protector against Public Enterprises Minister Pravin Gordhan, are “vague, contradictory and nonsensical” and the basis of her opposition to his interdict, deeply flawed.


Bombshell Claim: Scientists Find "Man-made Climate Change Doesn't Exist In Practice"
www.zerohedge.com - 2019-07-15
During the last hundred years the temperature increased about 0.1°C because of carbon dioxide. The human contribution was about 0.01°C”, the Finnish researchers bluntly state in one among a series of papers


Bitcoin's Clobbering Bank Stocks So Badly It's Not Even Funny
www.ccn.com - 2019-07-10
According to data published by crypto research firm Messari, bitcoin has massively outperformed the largest banking stocks in the world over the past five years. In fact, the cryptocurrency is pummeling them so badly it's not even funny anymore.


Dow Surges to Record Territory as Markets Eye Titanic Rate Cut
www.ccn.com - 2019-07-10
The Dow and broader U.S. stock market approached record highs on Wednesday, as traders doubled down on their bets that the Federal Reserve will cut interest rates aggressively to bolster a weakening economy.


From Russia-Gate To Deep-State-Gate: "All Hell May Break Loose"
www.zerohedge.com - 2019-07-10
There was no legal basis at all for them to begin this investigation of his campaign – and the way they carried it forward, and the way information was leaked. … All of this is going to come out. It’s going to show the bias. It’s going to show ...


All eyes on the courts over Public Protector’s shotgun approach
www.biznews.com - 2019-07-09
If the increasingly dominant discourse that the Public Protector has a Zuptoidal political agenda, or at the very least is biased and/or inept, is true, then the amount of money and time being wasted by her rulings is breath-taking


Defensive Stocks Surge Ahead Of Payrolls As Entire Treasury Curve Is Now Inverted
www.zerohedge.com - 2019-07-07
An early cash market close today ahead of the Fourth, but that never stopped the algos from melting stocks up just a little further...


Dow, S&P 500, Nasdaq Smash All-Time Highs in Record-Breaking Day
www.ccn.com - 2019-07-03
The Dow Jones Industrial Average closed out at an all-time high today at 26,966, as did the S&P 500 at 2,995.82, and the Nasdaq at 8,170.23 – just shy of its intraday high.


All Is Not Well In 'Deep-State' World
www.zerohedge.com - 2019-07-03
The problem is that Mr. Nadler’s majority Democrat members are not the only ones who get to ask questions. Did the Chairman forget that?


The Pain Of This New Economic Downturn Is Starting To Show Up All Over The Country
www.zerohedge.com - 2019-07-01
Many in the mainstream media continue to speak of “the next recession” as some future event, but when we get the final economic numbers many months from now we may discover that it had already started by now.


"2020 Race Is Over" Post-Mortem Of Second Dem Debate: Kamala Crushes Bernie & Biden
www.zerohedge.com - 2019-06-27
Trump also tweeted about the Democratic health care pledge to undocumented immigrants. "How about taking care of American Citizens first!?" he tweeted. "That’s the end of that race!"


Tesla Is Secretly Building Its Own Battery Cells, but Is Musk Overreaching?
www.ccn.com - 2019-06-27
There is no doubt that Elon Musk is a visionary man with ambitions that may or may not materialize in the long run. The Tesla CEO has his hands full with ventures in space, on Earth, and even below the ground. Now it looks like he is on his way to add ano


Billionaire Richard Branson Puts His Money Where Elon Musk’s Mouth Is
www.ccn.com - 2019-06-27
SpaceX founder Elon Musk loves to talk about going to space. Fellow starstruck billionaire Sir Richard Branson plans to actually travel there. Next month.


Tron’s Justin Sun Prepares Media Extravaganza for Warren Buffett Lunch
www.ccn.com - 2019-06-27
Sun is going to have his work cut out for him to explain that volatility is a feature, not a curse, that is attached to the biggest cryptocurrency. Considering that Warren Buffett is a long-term investor and not a trader, Sun might actually be successful


US Govt's Entire Russia-DNC Hacking Narrative Based On Redacted Draft Of Crowdstrike Report
www.zerohedge.com - 2019-06-18
So to be clear - the entire narrative that Russia hacked the DNC is based on a redacted draft of a report which Crowdstrike appears not to have even finalized.


Aren't delirious Democrats now accusing Team Obama of treason?
thehill.com - 2019-06-18
Actually, what Trump told ABC News’s George Stephanopoulos was that he’d consider taking intelligence dirt about a rival from a friendly ally. (Norway was the actual example he used.)


Impeachment dam breaking as Pelosi deputies tip hand: ‘We’ve already begun’
www.foxnews.com - 2019-06-03
Democrats can’t impeach a Republican President for crimes committed by Democrats


Steve Hilton: Mueller revealed his true self - a partisan establishment swamp lawyer
www.foxnews.com - 2019-06-03
What Mueller did at his press conference wasn't justice. It wasn't the rule of law. It was a smear


Uber Is a Market Bellwether for All the Wrong Reasons
www.bloomberg.com - 2019-05-30
In essence, investors allowing Uber to run at a loss is a massive consumer subsidy.


'Barr Did Nothing Wrong': WSJ Exposes Dems' Hypocrisy After Shameful 'Washington Pile-On'
www.zerohedge.com - 2019-05-06
they’re shouting and pounding the table against Bill Barr for acting like a real Attorney General.


The Most Valuable Company (for Now) Is Having a Nadellaissance
www.bloomberg.com - 2019-05-04
Under Satya Nadella, Microsoft has more subscribers than Netflix, more cloud computing revenue than Google, and a near-trillion-dollar market cap.


Mike Adams: Every Liberal City In America Is Headed Toward Venezuela
www.zerohedge.com - 2019-05-01
Liberal cities across America are collapsing into Third World status. It’s not just the fact that San Francisco’s streets are now littered with drug needles and human feces, either


Shipp: Coup Against Trump Is "Biggest Violation Of Constitution In History"
www.zerohedge.com - 2019-05-01
President Trump says the Deep State tried and failed to remove him from office in a coup. Former CIA Officer and whistleblower Kevin Shipp says the attempted coup on Trump was a global conspiracy.


There Are Two Little Problems With "Taxing The Rich" To Pay For "Free Everything"
www.zerohedge.com - 2019-05-01
As even the most self-absorbed American voter has a latent street-savvy awareness that nothing is truly free, the other popular campaign promise is to "tax the rich" to pay for the proposed "free" programs.


A "Nightmare Come True": Amazon Launches Freight Brokerage, Slashes Prices By 30%
www.zerohedge.com - 2019-05-01
In what is being called a "nightmare come true" for freight brokers and carriers, Amazon did what it traditionally does every time it enters a new market, and took its own digital freight brokerage platform live while undercutting prevailing market prices


US economy proves it is robust and thriving, liberal 'sugar high' predictions are wrong again
www.foxnews.com - 2019-04-29
the U.S. economy once again blew away expectations, recording a 3.2 percent GDP growth rate in the first quarter of this year.


US economy grows by 3.2% in the first quarter, topping expectations
www.cnbc.com - 2019-04-29
The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth to start a year in four years.


Germany: Dead Economy Walking
www.zerohedge.com - 2019-04-11
The Germans are industrial and exporting powerhouses. And the trends for those two things have been in decline for over a year.


The DA treating Zille with disdain may backfire in elections
citizen.co.za - 2019-04-07
Nevertheless, Zille’s political achievements, on behalf of her party, the city of Cape Town where she was mayor, and the Western Cape where she has been premier for a decade, are remarkable by any objective measure. And, unlike Zuma, she remains untaint


Zuma was allegedly hiding $30m in his bunker at Nkandla – report
citizen.co.za - 2019-04-06
The Sunday Times has reported that then president Jacob Zuma not only allegedly agreed to keep the late Libyan dictator Muammar Gaddafi’s millions in safekeeping for him and his family in 2011, he hung on to the stash of dollars for years after ...


Negative Interest Rate Insanity Is Behind Western Europe's New Tallest Skyscrape
www.zerohedge.com - 2019-04-06
Many famous record-breaking skyscrapers were planned and built in boom times right before a severe economic bust – this is known as the “Skyscraper Curse.”


What Is the Key Information in a Financial Statement?
smallbusiness.chron.com - 2019-03-30
Companies typically prepare four key financial statements on a monthly, quarterly and annual basis: the balance sheet, income statement, cash flow statement and statement of owners' equity.


Trump Wins Again: Mueller Report Just a Colossal ‘Nothing Burger’
www.ccn.com - 2019-03-23
liberals have spent the past two years fighting each other, proposing taxes on cow farts, and sitting on their hands waiting for Uncle Robert to work magic for them.


A look at what might happen if South Africa is ‘junked’ in two weeks’ time
www.dailymaverick.co.za - 2019-03-14
‘Ramaphoria’ may be present in politics, but with South Africa’s business confidence falling on Wednesday to rock-bottom lows, it’s becoming clear that the idea is not gripping the economy, posing an increasingly pressing question: What will happe


Ocasio-Cortez and freshman allies amass power, creating problems for Pelosi and party
www.foxnews.com - 2019-03-12
The sequence of events only fed the narrative that party leaders are struggling to rein in freshman lawmakers who are pulling Democrats off message at a critical time, with the 2020 presidential campaign season getting underway.


Britain's hopes of a trade deal with America just suffered a big blow
edition.cnn.com - 2019-03-02
The United States is giving the United Kingdom a preview of what it can expect from take-no-prisoners trade negotiations after Brexit.


Offshore diversification: a long-term strategy, not a kneejerk reaction
www.biznews.com - 2019-01-25
at Carrick we are comfortable with a split of two thirds offshore (consisting of long-term savings and some medium-term discretionary savings), and one third onshore (made up of the investor’s residential property plus local provident and retirement fun


Trump plays State of the Union chicken with Nancy Pelosi
www.axios.com - 2019-01-23
As Axios' Jonathan Swan reported Wednesday morning, the White House wants to make Pelosi go ahead with the speech or formally rescind the invitation.


Father of index funds, Vanguard founder John Bogle dies aged 89
www.biznews.com - 2019-01-18
John Bogle, in many ways, was more than just the founder of Vanguard. He was a pioneer who went about acting on his vision and upending the investment industry for years to come


10 things you REALLY need to know about the world economy in 2019
www.biznews.com - 2019-01-08
India, China and the US will continue to show higher growth than the rest of the world, as will the whole of Africa, is the expectation


Best of 2018: Bank of Baroda SA only existed because of Gupta money laundering
www.biznews.com - 2018-12-26
The below story is a shocking revelation about how the Johannesburg Bank of Baroda branch ended up purely existing for the Guptas


How SA hedge funds lost their shine
www.businesslive.co.za - 2018-12-22
Managers are said to have been caught off guard by the unexpected strength of the rand in 2016 and 2017


High court rules that Zuma responsible for own legal costs
citizen.co.za - 2018-12-13
The High Court in Pretoria handed down judgment this morning on whether former president Jacob Zuma can be held personally liable for at least some of the millions spent on his legal costs fighting corruption charges.


7 signs it may be time for a new document management system
www.biznews.com - 2018-12-11
Is your document workflow having a negative effect on your bottom line?


Leaked document shows the 5 ways land expropriation without compensation
businesstech.co.za - 2018-12-11
Legalbrief analyst, Pam Saxby, said that the changes could point to more moderate voices in government being in charge of the land expropriation process


New Bakkt Venture Could Make Bitcoin As Mainstream As Starbucks
www.forbes.com - 2018-12-09
Warren Buffett recently made headlines by comparing Bitcoin to rat poison and predicting that cryptocurrencies will “come to bad endings.” The Google search string “warren buffett bitcoin rat poison” returns nearly 1 million hits.


The SEC created its own scammy ICO to teach investors a lesson
www.theverge.com - 2018-12-09
In its latest effort to fend off cryptocurrency scams, the Securities and Exchange Commission launched its own fake initial coin offering website today called the Howey Coin to warn people against fraudulent cryptocurrencies


Financial Institutions In A Race: Who Will Bring Crypto Trading To The Fiat Masses First?
cointelegraph.com - 2018-12-09
September 12, 2017 will go down in infamy when talking about the relationships between traditional fiat financial institutions and their views on cryptocurrency. It was the day that JP Morgan CEO, Jamie Dimon, called Bitcoin a ‘fraud’.


SA economy gets up on one knee with unaccustomed GDP growth
www.biznews.com - 2018-12-06
So long as our population growth way outstrips that of our GDP, a 2.2% quarterly increase, even if it is the largest in five years, won’t put more bread on the tables of most South Africans


Bitcoin’s deepening crash now rivals its worst-ever bear markets
www.moneyweb.co.za - 2018-11-26
This year’s collapse, which has ensnared rival coins like Ether and XRP, is entering the same league as Bitcoin’s 93% plunge in 2011 from its previous record high, and its 84% rout from 2013 to 2015, during the collapse of Tokyo-based crypto exchange


Ruperts quietly get on with land reform, offering township title-deeds
www.biznews.com - 2018-11-25
Giving back to the rural folk among whom you were raised is always a heartfelt deed – but when you do this in a way so fundamental that it far outstrips what even the government has been able to do, it becomes profound.


The "Nightmare Scenario" For Beijing: 50 Million Chinese Apartments Are Empty
www.zerohedge.com - 2018-11-17
unlike the US where the stock market is the ultimate barometer of the confidence boosting "wealth effect", in China it has always been about housing as three quarters of Chinese household assets are parked in real estate, compared to only 28% in the US, w


Will the rand surprise us?
www.fin24.com - 2018-11-16
Fundamentally, my fair value (based on purchasing power parity) is priced at R12.15, which will definitely require a brilliant six if we want to end off the year on that note.


Your guide to medical aid and insurance costs
www.fin24.com - 2018-11-12
The cost of private healthcare in South Africa is reported to be the highest in the world, with medical aid increases driven by medical aid and inflation,” says Bafihlile Mokoena, communication specialist: public relations & corporate social investment


Dealing with delistings
www.fin24.com - 2018-11-12
What this tells us is that there are some really decent quality small- and mid-cap stocks trading at cheap valuations.


Amazon, Alphabet in cloud arms race as traditional growth wobbles
www.biznews.com - 2018-10-29
These latest quarterly results from Amazon and Alphabet on the surface appear to paint a picture of a US tech slowdown. But as with everything, you always need to read between the lines and there are some interest figures below on the amount of Capex ...


Naspers heeds Ramaphosa investment call, injects R4.6bn in SA
www.biznews.com - 2018-10-29
The Investment Summit, being held in Sandton, is starting to prompt local businesses to join their international counterparts in injecting much-needed cash into the SA economy. One company to heed the call is the country’s biggest by market value and im


Inching towards $100bn; Ramaphosa says investment strike is over
www.biznews.com - 2018-10-29
South Africa’s answer lies in economic growth and jobs, there’s just no other way. It’s the creation of both which lies at the heart of President Cyril Ramaphosa’s plans to inject $100bn of investment into the local economy. It’s a five year tar


Warning: Cyril Ramaphosa is whistling in the graveyard of the SA economy
www.biznews.com - 2018-10-29
orruption is an insidious crime with, on the surface, faceless victims. But, as Paul Hoffman of Accountabiity Now explains, nipping corruption in the bud is essential for fixing South Africa’s broken economy which, in turn, will help reverse the high un


Is Tito Mboweni the much needed counter to recent populist push?
www.biznews.com - 2018-10-25
One could argue newly installed finance minister Tito Mboweni was given a classic hospital pass with the 2018 mid-term budget policy statement. Two weeks into the job, there was not much he could have changed with regards to the figures.


Are you investing enough for your future?
www.biznews.com - 2018-10-25
Five and twenty are the numbers to remember


Tito Mboweni’s full mini-budget speech: ‘SA is at a crossroads’
www.biznews.com - 2018-10-25
The speech is devoid of populism and filled with rational policies. We may just have reached our lowest ebb. Mboweni may just be the guy to get his government out of the mess it created for itself. The age of Zuma is officially over…


The Real Cost of Low-Fee Funds
www.mauldineconomics.com - 2018-10-21
I think the next recession will likely see a bear market loss of at least 40% if not 50%.


Debunked: How Nouriel Roubini Failed to Attack Crypto with Cherrypicked Data
www.ccn.com - 2018-10-18
Recognized economist Nouriel Roubini, a professor at Stern School and NYU, recently launched a series of attacks against the crypto sector.


Trump Offers Brexiters a Trade-Shaped Gift
www.bloomberg.com - 2018-10-18
The political will to reach a deal is there. The real question is what would Britain get out of it?


Moody’s open to upgrading SA, but ONLY if it conducts reforms
www.biznews.com - 2018-10-18
South Africa could see its credit rating upgraded if it successfully implements structural reforms that would raise economic growth and stabilise the nation’s debt burden, Moody’s Investors Service said.


Nouriel Roubini Was Wrong, Again, and Again and Again...
www.erictyson.com - 2018-10-15
So there you have it. Roubini predicted a recession in 2004, 2005, 2006, and 2007. He was wrong four years in a row. So, in 2008, his prediction appears to be finally coming true. Well, a stopped clock is correct twice each day and as Banerji says, "Roubi


Marc Thiessen: Trump could be the most honest president in modern history
www.foxnews.com - 2018-10-12
when it comes to the real barometer of presidential truthfulness -- keeping his promises -- Trump is a paragon of honesty. For better or worse, since taking office Trump has done exactly what he promised he would do.


Donald Trump’s new NAFTA is the blueprint for his trade war with China
qz.com - 2018-10-06
The revised free trade agreement between the United States, Canada and Mexico, christened USMCA, has big implications for Donald Trump’s trade war with China.


President Donald Trump's winning streak
edition.cnn.com - 2018-10-06
Only a re-election party on the night of November 3, 2020, could possibly offer the same vindication for America's most unconventional commander in chief as the 36 hours in which two foundational strands of his political career are combining in a sudden b


Cyril cites Mao urging closer friendship with others “in the socialist camp”
www.biznews.com - 2018-09-06
reading through one of SA president Cyril Ramaphosa’s speeches at the China/Africa Forum left me decidedly uncomfortable. Especially considering the appalling record of African nations which have adopted socialist economic policies.


Mmusi Maimane: Why the DA rejects the ANC-styled policy of BEE
www.biznews.com - 2018-08-13
it seems as if the DA is rapidly shifting towards an alternative empowerment policy. This could be a very positive electoral move for the party and open up a new line of attack against the ANC


Evidence of China everywhere in SA – ANC’s historical links easily forgotten
www.biznews.com - 2018-08-03
After reading this revealing piece by political fundi, Professor Susan Booysen, the Eskom bailout by China and the insanely inflated locomotive tender going to China – among a host of other Chinese-linked deals – begin to make a lot more sense.


Constitution will be amended to allow for EWC - Cyril Ramaphosa
www.politicsweb.co.za - 2018-08-03
ANC will support constitutional amendment to expropriate land without compensation


Expect more EWC-type populism as SA approaches 2019 Election. It’s rational.
www.biznews.com - 2018-08-03
We should have expected it. Expropriation Without Compensation (EWC) is the hottest of South Africa’s political potatoes.


NEC rubber stamps ANC’s public divorce from Zuma
www.biznews.com - 2018-03-27
Zuma supporters were welcome to attend Msholozi’s April 6th fraud trial kick-off – but not wearing ANC T-shirts or regalia


Summons for Zuma to be in court in April
www.news24.com - 2018-03-25
Former president Jacob Zuma is expected to be issued with a summons to appear in the Durban High Court in April on corruption charges. Sources close to the case disclosed to News24 that Zuma will appear in court on April 6.


Zuma received R1-million cash bribe to keep minister – Report
mybroadband.co.za - 2018-03-25
Former president Jacob Zuma allegedly received a cash bribe of R1 million from an abalone dealer to keep a minister in his job. The City Press reported that Zuma is being investigated by the Hawks for accepting the bribe to keep Agriculture, Forestry a


Meet SARS acting head Mark Kingon: Here’s what Jacques Pauw wrote about him
www.biznews.com - 2018-03-22
‘Ding dong, Tom Moyane’s gone’. That might become a popular refrain across South Africa today as President Cyril Ramaphosa on Monday night dramatically suspended the SARS Commissioner. Moyane – who has faced serious allegations of maladministratio


MUST READ: Ramaphosa’s SCATHING suspension letter to disgraced Moyane
www.biznews.com - 2018-03-22
Make sure that you take a sip of some really strong coffee before reading this letter posted below. This is the suspension letter that President Cyril Ramaphosa sent to (the now former) SARS Commissioner Tom Moyane. It’s probably the most scathing lette


Gordhan plans sweeping changes for SOEs as SARS suspends Moyane
www.fin24.com - 2018-03-20
Extensive changes are in the offing at the troubled state-owned companies as new Public Enterprises Minister Pravin Gordhan moves to tackle their many management and financial failings.


From speculative asset to PROPER currency: Bitcoin’s Lightning Network goes live
www.biznews.com - 2018-03-19
The technology is set to hugely ramp up Bitcoin transactions from a snail’s pace of less than ten per second up to a few thousand. Ultimately, the Lightning network targets ramping this up to a few million transactions per second, making it much faster


Judges tear Public Protector Mkhwebane apart; she must go – Pierre de Vos
www.biznews.com - 2018-02-26
All those misgivings we’ve had about Public Protector, Busisiwe Mkhwebane being a Zuptoid supporter and/or less than competent and/or economical with the truth, have been confirmed by the North Gauteng High Court.


Be warned‚ ministers - Ramaphosa will be keeping a beady eye on your lifestyles
www.timeslive.co.za - 2018-02-21
Responding to criticism by EFF Leader Julius Malema that he appeared to be soft on the issue of land expropriation without compensation‚ Ramaphosa said a "smash and grab" approach would not be helpful.


Easy on renewal euphoria – first reconfigure the State – Hamilton
www.biznews.com - 2018-02-21
Ultimately it was the ANC itself that was the agent of change. The ANC, not the Constitutional Court, nor the vocal opposition Economic Freedom Fighters (EFF), nor the media, nor South Africa’s citizens, brought Zuma’s calamitous and corrupt reign to


Full statement: SA in limbo as ANC NEC recalls Zuma but gives no deadline for response
www.biznews.com - 2018-02-14
the party’s caucus will have a special meeting at 10am tomorrow morning, which may ultimately be Zuma’s unwritten deadline


No barbless hooks for Ramaphosa in Zexit deal – Judith February
www.biznews.com - 2018-02-14
the party does more twists than a koeksister to sweeten and justify the bitter pill it’s forced us to swallow for so long


Zuma’s REAL options: Wriggling out not on table for him or ANC — legal expert
www.biznews.com - 2018-02-13
Unlike the alleged terminal health reasons given by renowned Durban golfer and former Zuma advisor, Schabir Shaik for his medical parole, Msholozi is in rude apparent health, and lacks the conviction (in the criminal sense), for (a future President) Ramap


Keeping time with a ticking clock – Ramaphosa’s subtle, decisive moves
www.biznews.com - 2018-01-23
Removing Zuma and Magashule from the game however, must surely be his top priority.


Strangling Zupta: SA moves on Guptas, Duduzane Zuma, freezes Free State assets
www.biznews.com - 2018-01-23
A month after Cyril Ramaphosa was chosen as new ANC leader, it appears that his promised campaign to clean up on corruption is well underway.


Amazon's automated grocery store of the future opens Monday
www.foxbusiness.com - 2018-01-21
Amazon.com Inc (AMZN) will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail.


Is this Ramaphosa’s future Cabinet? Leaked secret list of those favoured – Pressly
www.biznews.com - 2018-01-10
Just the mention of names like Pravin Gordhan and Naledi Pandor in an allegedly leaked list of Cabinet nominees – and the absence of some seriously corrupt current wreckers – is enough to get the rand into the starting blocks.


A War Trump Won
www.nytimes.com - 2017-12-18
I mean the war against the Islamic State, whose expansion was the defining foreign policy calamity of Barack Obama’s second term


NY Times columnist praises Trump for winning against ISIS, hits media for not giving credit
www.foxnews.com - 2017-12-18
A conservative New York Times columnist on Sunday wrote a piece on President Trump’s successful approach at taking on the Islamic State and how his strategy has gone unnoticed by the media.


The ‘Crocodile’ Emerges as the Improbable Savior of Zimbabwe
www.bloomberg.com - 2017-11-22
Zimbabwe is turning its weary eyes to Emmerson Mnangagwa, the man known as the crocodile who was Robert Mugabe’s right-hand man for much of his 37-year rule


South Africa Awaits $7 Billion Ratings Double Jeopardy
www.bloomberg.com - 2017-11-22
South Africa will confront the threat of a $7 billion debt selloff this week as it awaits two concurrent judgments on its credit status.


Zimbabwe rejoices! Robert Mugabe resigns, ends 37 years of tyrannical rule
www.biznews.com - 2017-11-22
cenes of jubilation in Zimbabwe exploded onto the streets on Tuesday early evening as Robert Mugabe submitted a resignation letter to Parliament amid a vote of no-confidence in him.


SA business employs 6.9 times the number of public sector employees – study
www.biznews.com - 2017-11-22
It’s clear that if the private sector is given more support and encouragement, it has the capacity to create even more jobs. Will the ANC ever wake up to this reality?


Mugabe resign or get humiliated: Mnangagwa
www.newsday.co.zw - 2017-11-21
that if he continues to dig in, in defiance of the will of the people, he might suffer humiliation because definitely the will of the people will prevail against one person.


Zim: Choosing between the devil and Lucifer 2017-11-21 13:54
www.news24.com - 2017-11-21
Since the 'intervention' of the defence forces last week, Zimbabweans found themselves in a precarious place where they had to make a delicate choice between the devil and Lucifer.


Peter Hain’s “smoking gun” – provides bank accounts detailing how Guptas took billions from
www.biznews.com - 2017-11-02
Renowned anti-Apartheid activist, Lord Peter Hain, drove a very deep nail into the Zupta coffin in the UK’s House of Lords on Wednesday. In a speech that was televised live, Hain said he has handed over a “smoking gun” to the UK Treasury – documen


IMF’s Lagarde Warns Banks: Cryptocurrencies Will Bring “Massive Disruptions”
www.cryptocoinsnews.com - 2017-10-14
The head of the International Monetary Fund (IMF) has stated that central banks and banking providers should start taking cryptocurrencies seriously.


Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes
www.bloomberg.com - 2017-10-11
It’s a development that creators of bitcoin, the best-known digital currency, saw coming, and prepared for. Since it works on a peer-to-peer network, users can buy and sell coins and secure and perpetuate the system without any government or central ban


Not in good faith: Gigaba in ‘fresh assault’ to destabilise PIC — FEDUSA
www.biznews.com - 2017-10-10
PIC CEO Daniel Matjila previously told the Sunday Times that Gigaba and the Zuptas were keen on plundering the PIC ...


PAID to betray SA: KPMG bosses get away with Gupta graft – in golden handcuffs!
www.biznews.com - 2017-10-09
The move to pay off its bumbling, spineless CEO Trevor Hoole and his compromised henchmen is a reminder that KPMG global bosses have not yet grasped the enormity of the dirty deeds their employees have committed in South Africa.


Time to go after Guptas happily lost in State Capture unravelling – Van Heerden
www.biznews.com - 2017-10-09
In a decent democracy, the Gupta brothers would be sharing their bowl of prison slop with Msholozi and a slew of cohorts. Instead, a fall guy spends some token time in prison and emerges, limping, to tee-off again. Is this more of the same?


Panicking ANC - Beating up yourself
www.biznews.com - 2017-10-06
The idea of assaulting female members of his own National Party would have filled him with justifiable revulsion and utter incredulity. The same goes for the AWB and I covered quite a few speeches by Eugene Terreblanche.


U.S. trio win Nobel for finding Einstein's gravitational waves
www.reuters.com - 2017-10-03
Three U.S. scientists won the 2017 Nobel prize for physics on Tuesday for opening up a new era of astronomy by detecting gravitational waves, ripples in space and time foreseen by Albert Einstein a century ago.


Bizarre! Ethics Institute sticks with KPMG SA on whistleblower hotline
www.biznews.com - 2017-10-03
One of the stranger moments of the Gupta state capture saga – which is rapidly turning everything that President Jacob’s controversial buddies touch into dross – is the decision by The Ethics Institute (TEI) to keep their accreditation of KPMG


Travel between any two points on earth in less than an hour – Musk’s latest idea
www.biznews.com - 2017-10-03
In essence, Musk wants to fly you even when you’re going merely to London, not Mars. Flying at a maximum speed of 27,000 km/hr (17,000 mph), a hypersonic trip from New York to Shanghai in Musk’s proposed craft would take 39 minutes, down from the c


Bitcoin bounty hunters: Stellenbosch tech firm cracks down on content pirates
www.biznews.com - 2017-09-23
Long before the Bitcoin hype began to bite in recent months, a Stellenbosch outfit called Custos was already looking at how to tap the so-called ‘Blockchain’ to catch out content pirates


Buffett calls pessimists about United States 'out of their mind'
www.reuters.com - 2017-09-20
Being short America has been a loser’s game. I predict to you it will continue to be a loser’s game.


Pravin Gordhan to KPMG: Your apology is NOT accepted. See you in court
www.biznews.com - 2017-09-18
Ousted South African finance minister Pravin Gordhan has refused to accept KPMG’s apology – and is talking to his lawyers to ensure proper satisfaction is extracted from the Gupta auditors.


KPMG: Gradually ends; suddenly’s here. Absa heads for the exit. #GuptaCurse
www.biznews.com - 2017-09-18
KPMG clients are going to get squashed running for the exit. It has taken a long time for many KPMG clients to absorb the enormity of the crimes the global consultancy has committed against South Africa – but the penny is finally starting to drop


#GuptaCurse strikes again: KPMG SA CEO Trevor Hoole quits, 7 follow him out the door
www.biznews.com - 2017-09-15
‘Gradually then suddenly’. These words from Ernest Hemmingway should be reverberating through the minds of local KPMG execs today.


How world sees SA: McKinsey reputation shatters in graft crisis. #GuptaCurse
www.biznews.com - 2017-09-15
McKinsey bosses have poured cold water on allegations their South African employees have played a key role in state capture and corruption. But they had better sit up and take note that public sentiment


Iraj Abedian: Three big reasons why SA businesses must boycott KPMG. Now.
www.biznews.com - 2017-09-15
Highly civilised economist Iraj Abedian is blessed with a rational, directed mind. He also possesses the cool head which comes from decades of his disciplined thought process which involves deep interrogation of evidence before reaching conclusions.


What do Bitcoin and tulips have in common?
www.fin24.com - 2017-09-15
Three years ago (September 2014), one Bitcoin would have cost you $387. Today, three years later, one Bitcoin will cost you $4 500.


Motlanthe on BBC Hard Talk – an unrehabilitated ANC will lose next election
www.biznews.com - 2017-09-14
Perhaps he missed the mass marches on Parliament in Pretoria and Cape Town, the unions barring Zuma from their functions, the reawakening of civil society. If Motlanthe wriggles, can you imagine what a Zuptoid would do?


South Africa’s Richest Man Calls President Zuma’s Policy ‘Theft’
www.bloomberg.com - 2017-09-13
“Radical economic transformation is just a code word for theft,” Rupert said on the sidelines of Richemont’s annual general meeting in Geneva on Wednesday. “That’s what’s happening there. They’re raiding the state’s coffers. And it’s pub


Twin Peaks to entrench insurance oligopoly, killing ‘radical transformation’ – expert
www.biznews.com - 2017-09-13
Twin Peaks is fast becoming among the most controversial financial regulation to beset South Africa in several years. Debate is raging about the benefits of Twin Peaks and whether it just isn’t another excuse to layer on bureaucracy ...


Disgraced Bell Pottinger collapses into administration amid dramatic implosion
www.biznews.com - 2017-09-13
It’s the end of the road for controversial UK PR firm Bell Pottinger as it officially entered administration today, just days after the PRCA booted it from its association for unethical behaviour.


Twin Peaks now law – ‘sad day’ for SA financial services consumers – FMF
www.biznews.com - 2017-09-12
The controversial “Twin Peaks” regulatory system is now law with the signing of the Financial Sector Regulation Act by President Zuma on 21 August 2017 and it is a sad day for consumers of financial services and for SA’s economy.


Debarred advisers: Twin Peaks could perpetuate ‘lawless’ guidelines – FMF
www.biznews.com - 2017-09-12
Are debarred advisers – who make significant strides to be reappointed and comply with regulation – being treated too harshly? It’s a question that has been raised by Gary Moore of the Free Market Foundation.


Chris Hattingh: Twin peaks; twin fallacies – a conservative R4.8bn yearly cost
www.biznews.com - 2017-09-12
Twin Peaks, a more common term amongst the world of mountaineers, but also the basis for a ‘new’ regulatory bill, that’s made its way back to Parliament for discussion.


Cryptocurrency Market Recovers, Bitcoin and Ethereum Record Major Gains
www.cryptocoinsnews.com - 2017-09-06
On September 5, bitcoin price nearly dipped below the $4,000 region. The price of Ether, the native currency of Ethereum, also struggled to sustain its value, declining to $270. Within a 24-hour period, bitcoin price recorded a 11.6 percent increase


rypto crash: China’s ICO ban sends Bitcoin, Ethereum into a tailspin
www.biznews.com - 2017-09-06
Initial Coin Offerings’ or token sales have become the hottest technology and business trend this year, as these terms have started to eclipse previous buzzwords such as ‘big data’ and ‘artificial intelligence’.


Emigrating to Australia may be easier than you think
www.biznews.com - 2017-09-06
Anyone who holds tertiary education just needs to put in a single extra year of study to qualify for a Skilled Independent visa (subclass 189). This visa is one of the most desirable for those wishing to emigrate Down Under.


Goodbye Bell Pottinger – a celebration of SA’s shifting power equation
www.biznews.com - 2017-09-06
It’s taken a mere 18 months for the Gupta Curse to destroy one of London’s leading public relations firms. But according to the man who dealt the coup de grace, Francis Ingham, the damage wrought during their unholy £100,000 a month alliance has put


The Human Brain Is 'Beyond Belief'
www.icr.org - 2017-09-01
a single human brain has more information processing units than all the computers, routers, and Internet connections on Earth


Eskom take note: Solar plants already powering entire Northern Cape
www.biznews.com - 2017-08-30
I’d love to be proved wrong when I attribute less than honourable motives to Eskom for refusing to sign new alternative power producer agreements.


Curious case of a R33bn trade in a UAE-linked cryptocurrency
www.biznews.com - 2017-08-29
During the course of last week, someone purchased an amount of R32.6 billion (USD 2.5 billion) of a previously little-known crypto-currency coin called the e-Dinar (symbol:EDR). The transactions used South African Rands, and took place on a very small and


Mark Ingham: Tencent hits it out the park, but have doubts around Naspers
www.biznews.com - 2017-08-29
Chinese internet giant Tencent hit analyst forecasts out the park last week when reporting 40% plus growth in all its major segments.


North Korea Frees Canadian Pastor Sentenced to Life of Hard Labor
www.nytimes.com - 2017-08-09
Mr. Lim was released on Wednesday, when the same court decided to free him on sick bail, the North’s official Korean Central News Agency said. The agency’s one-sentence dispatch gave no further detail.


Was Zuma behind the secret ballot?
www.news24.com - 2017-08-09
Monday’s announcement by Baleka Mbete that the motion of no confidence would be decided by secret ballot took many, if not most, people by surprise.


Deadline looms for undeclared offshore assets
www.biznews.com - 2017-08-03
Time is running out for those who have not as yet considered the implications of what is required for disclosure or the possible implications of non-disclosure of offshore assets.


A magnificent fightback gets the Lions into the Super Rugby final
www.biznews.com - 2017-08-01
The result was one of the finest comebacks in Super Rugby history, with the Lions triumphing 44-29, outscoring the opposition 34-7 in the second half


Be warned: Hugo Chavez wannabe Julius Malema ramps up racial rhetoric
www.biznews.com - 2017-08-01
Be under no illusion that if Julius Malema gets anywhere near power, South Africa will wish back its Zuma days


7 Things You Need to Know About Facebook Instant Articles
contently.com - 2017-07-20
But as of right now, this looks like a great deal for publishers. This isn’t just a Trojan horse; this is a Trojan horse draped in gold chains and being ridden by Beyoncé. Even if you can see the outline of the hatch on the wooden belly, it’s hard no


Investment food for thought: Examining the new ETFs available in SA
www.biznews.com - 2017-07-20
A range of new international ETFs have become available to South Africans in recent weeks with more on their way. It’s becoming easier to invest in the portfolios such as the MSCI and S&P. But, as ever, costs and fees are always critical when it comes t


Sipho Pityana: ‘Zuma must go! South Africa is not the Guptas’ personal ATM’
www.biznews.com - 2017-07-19
When a leader in a Provincial Legislature siphons off resources meant to fund service to the people; when employees of a government institution set up to help empower those who were excluded by apartheid, defraud it for their own enrichment, then we must


A tale of many cities: Street-smart international property investments
www.biznews.com - 2017-07-18
Residential property investments in prime urban centres such as Melbourne, Berlin and Manchester are experiencing high growth, as these are mature and safe markets in which the fundamentals ...


Magnus Heystek on his business success: “Revenge is a dish enjoyed slowly.”
www.biznews.com - 2017-07-18
Like most of humanity, I delight in the success of friends. Especially those who have recovered from difficult periods. Magnus Heystek is one of them. A talented journalist turned financial advisor, he has been pulled through the bushes backwards by forme


Drinking more coffee leads to a longer life, two studies say
edition.cnn.com - 2017-07-11
People who drank two to four cups a day had an 18% lower risk of death compared with people who did not drink coffee, according to the study.


Blockchain too slow for banks, warns top blockchain firm
www.fnlondon.com - 2017-07-11
Fintech startup Ripple has opted for using only parts of the technology because 'there are a few things wrong' with the classic version


The Electric Car Revolution Is Accelerating
www.bloomberg.com - 2017-07-06
The Bloomberg New Energy Finance forecast says adoption of emission-free vehicles will happen more quickly than previously estimated because the cost of building cars is falling so fast


The Capture Of Gwede Mantashe
www.huffingtonpost.co.za - 2017-07-04
The SG's office is a powerful one. Somebody needs to put it to use.


Broken heart syndrome kills journo Suna Venter amid threats, intimidation
www.biznews.com - 2017-07-03
Here family released a statement indicating the shocking intimidation she endured, which included being kidnapped, taking to Melville Koppies, tied to a tree and having had rings of fire burnt around her


Open letter to the Public Protector: Madonsela’s shoes proving too big for you
www.biznews.com - 2017-06-29
Whatever influence the Gupta family exercises over your decisions, you truly demonstrated bad judgment in seeking out Stephen Goodson, a Holocaust denier and an ardent admirer of Hitler, to mentor you in connection with your probe.


Meet the Robin Hood of medical scheme rip-offs: Clawing back big sums – for a modest fee
www.biznews.com - 2017-06-24
In a nutshell, the doctor who has started this service has made it his business to cut through complexities and legal nuances and has exposed questionable practices in the process. He can do it for less than R400, all in


Colorado proposes nation’s first legal limits on smartphones for children
www.denverpost.com - 2017-06-24
They never left their bedrooms, and when he tried to take away the phones, one of Farnum’s sons launched into a temper tantrum that the dad described as equivalent to the withdrawals of a crack addict.


Pence confident Supreme Court will uphold Trump's travel ban
www.foxnews.com - 2017-06-02
The ability to come in to the United States of America is a privilege, not a right,” Pence said.


Former finance minister Nene never heard from Zuma since being axed
www.news24.com - 2017-06-01
Former finance minister Nhlanhla Nene said on Wednesday that he never again heard from President Jacob Zuma after his sacking.


Morgan Stanley’s 16,000 Human Brokers Get Algorithmic Makeover
www.bloomberg.com - 2017-05-31
We’re not trying to sell you, we’re trying to find the things you want and need


Super computers can now teach humans: How Google Go is transforming life as we know it
www.biznews.com - 2017-05-30
there are also many reasons to feel excited about advances in the ‘brain’ of a computer. These include the likelihood that super computers will be able to identify patterns that can be used in the prevention and treatment of diseases like cancer


Smoking gun emails blow open shameless Zupta state capture, UAE exit plan
www.biznews.com - 2017-05-29
emails started to appear online, outlining proof of how the Guptas control government ministers, host them in lavish hotels in Dubai and exercise blatant control over government decisions


The Revolt Against Jacob Zuma Has Begun And Parliament Is Leading The Charge
www.huffingtonpost.co.za - 2017-05-24
Gordhan, the ordinary backbencher, might be a game changer. He was brutal. He accused Brown, the Eskom board and senior executives of being part of a "conspiracy" to capture Eskom for the benefit of a few, adding "that's the reality . . . let's dispens


Amazon dominating in smart speaker race
www.techcentral.co.za - 2017-05-09
Amazon.com will dominate Google in the voice-activated speaker market for the next few years due to the early breakout success of its Echo speaker, according to a forecast from research firm EMarketer.


#WEFAfrica17:Mugabe's presence causes anger
www.iol.co.za - 2017-05-05
President Mugabe has already played his part – positive or negative. He is often pictured sleeping at most of these international events, a sign that his body and mind needs rest. His place is now by the fireside with his grandchildren


Graham Power: How plea to stop farm murders sparked SA’s million-plus prayer meeting
www.biznews.com - 2017-04-26
Farm murders hit a fresh peak in February, sparking a simple video plea that evolved into South Africa’s biggest ever prayer meeting with more than a million people gathering near Bloemfontein over the weekend. Businessman Graham Power, who has supporte


Mogoeng: Be prepared to die for the rule of law
city-press.news24.com - 2017-04-26
Governments can pose a threat to the judiciary, and judges should even be willing to die for the ideal of an independent judiciary and rule of law, Chief Justice Mogoeng Mogoeng told judges from across Africa.


Zuptas left in a bind? Court sets aside nuclear deal with Russia, other countries
www.biznews.com - 2017-04-26
It’s back to the drawing board for government, which has received a bloody nose in the Western Cape High Court where its nuclear procurement processes to date have been declared unlawful and set aside.


Rex van Schalkwyk: New hate speech law is cynical political ploy to demonise white people
www.biznews.com - 2017-04-25
The Penny Sparrow frenzy was caused by a foolish comment, made by a foolish woman on a foolish occasion. Far more serious was the scandalous command-in-suspension of Julius Malema, when he invoked his own authority to call upon his devotees not to slaught


Africa’s rich list: Mauritius, SA top; Zimbabweans poorest of the poor – survey
www.biznews.com - 2017-04-25
A new report indicates that South Africa’s political problems have not yet smashed the wealth of ordinary citizens as has been the case in Zimbabwe – once the breadbasket of Africa and now home to the continent’s poorest people. Mauritians, meanwhil


Angus Buchan – How you prepare for 1.7m Christians at SA’s biggest prayer meeting
www.biznews.com - 2017-04-25
It took just six weeks to put together SA’s biggest ever prayer meeting. A staggering 1.7m people are expected to attend two hours of sharing by 69 year old South African evangelist Angus Buchan on a farm outside the country’s most central city of Blo


Zuma's birthday from hell
www.news24.com - 2017-04-14
Zuma then made off to his birthday party in Kliptown. Let there be no doubt: the absence of four of the ANC’s top six (Cyril Ramaphosa, Gwede Mantashe, Zweli Mkhize and Baleka Mbete) from Zuma’s bash is telling.


The dark side of Earth: Nasa releases the clearest images yet of our glittering planet at night
www.dailymail.co.uk - 2017-04-14
The space agency has spent years collecting and analysing satellite images of Earth and have put together the clearest yet composite view of Earth's 'night lights'. The maps reveal how human settlements have shaped the planet and lit up the darkness.


House of Cards: Ntlemeza gets the axe but his troubles are far from over
www.dailymaverick.co.za - 2017-04-14
An unexpected upside of President Jacob Zuma's post-midnight cabinet reshuffle is the imminent removal of Lieutenant General Mthandazo Ntlemeza, the highest ranking police official in the country and who has been a key figure in the political witch-hunt o


South Africa's Downgrade Is a Sideshow
www.bloomberg.com - 2017-04-05
For dollar-based investors betting on the group's stocks and bonds, the history of this decade suggests that matters less -- much less -- than hedging the currency risk accompanying those investments.


Zuma Survives Calls to Quit With South Africa's ANC Backing
www.bloomberg.com - 2017-04-05
South African President Jacob Zuma survived calls to resign by winning the support of the ruling party following his decision to fire the finance minister and stack the cabinet with loyalists. The rand weakened.


Zuma’s wrecking ball: S&P cuts SA to junk after Gordhan purged
www.biznews.com - 2017-04-04
Just days after President Jacob Zuma fired his Minister of Finance Pravin Gordhan, credit ratings agency Standard & Poor’s has downgraded South Africa to junk status


The wider threat still overlooked – all roads lead to Communism…
www.biznews.com - 2017-03-31
With all that has happened over the past few days, it’s incredible to suggest that despite the threat to Treasury there is still a much wider and deeper problem.


Zuma fires Gordhan
mybroadband.co.za - 2017-03-30
President Jacob Zuma has reshuffled his cabinet, which included firing finance minister Pravin Gordhan and deputy finance minister Mcebisi Jonas.


Trevor Manuel: Zuma has no moral compass
mg.co.za - 2017-03-30
Former finance minister Trevor Manuel has slammed President Jacob Zuma for having no moral compass, adding that the president’s statement that a massacre like Sharpeville never be repeated was hypocritical because he had never apologised for the Marikan


Rapturous applause as Motlanthe repeats Kathrada's call for Zuma to step down
mg.co.za - 2017-03-30
Former president Kgalema Motlanthe received thunderous applause and shouts of “yes!” after he quoted excerpts from Ahmed Kathrada’s letter to President Jacob Zuma asking him to resign at the stalwart’s funeral in West Park Cemetery on Wednesday.


Embattled Gordhan honoured with standing ovation at Kathrada funeral
mg.co.za - 2017-03-30
Finance minister Pravin Gordhan received a standing ovation from mourners at the funeral of South African liberation hero, Ahmed Kathrada, while tripartite alliance leaders and former head of state Kgalema Motlanthe bemoaned the state of the ANC.


Zuma to Face Mass Cabinet Walkout If He Fires Gordhan
www.bloomberg.com - 2017-03-30
Deputy President Cyril Ramaphosa and some deputy ministers may also resign, the people said, asking not to be identified because the information isn’t public. The officials would keep their seats in parliament and possibly support or abstain from a vote


Brexit begins: UK triggers Article 50 to begin EU divorce
edition.cnn.com - 2017-03-29
The UK government has formally served divorce papers on the European Union, signaling the beginning of the end of a relationship that has endured for 44 years.


10 things to know about epic Gupta-Gordhan court battle
www.biznews.com - 2017-03-29
I may have it wrong but how weird is it for the Guptas to first plead for Gordhan’s help when the four main banks blacklisted their accounts – and then to accuse him of actually orchestrating the closures?


Zuma tells SACP members: Pravin Gordhan is toast. I’ll be firing him soon.
www.biznews.com - 2017-03-29
The cabinet reshuffle has been top of mind since January when President Jacob Zuma pulled out of the World Economic Forum in Davos, with the decision creating a clear split in the ruling party. The appointment of Brian Molefe into government and Nkosazana


Maimane: Be very afraid SA! Zuma, his gang are targeting judiciary
www.biznews.com - 2017-03-28
South Africa has descended into kleptocracy – rule by thieves. Evidence has mounted over the past year of a concerted plan to take control of state assets for personal benefit.


Rian Malan on Zille tweet: SA wounds too raw for colonial truth. Brilliant.
www.biznews.com - 2017-03-28
Malan reminds us of an unfortunate kink in the human condition: that we bear grudges inherited from our forefathers long after those involved have died. Appreciating this reality helps accelerate the time it takes to heal, but can never totally overcome i


A brutal tale of unbalanced, selective, racism-inciting media coverage – Herbst
www.biznews.com - 2017-03-27
Few would be so brave as to compare the SABC’s selective coverage of racist incidents and farm murders to Rwanda’s Radio Mille Collines where staffers got life sentences for inciting ethnic cleansing – but then few could so compellingly support such


Rand falls as Zuma recalls Gordhan from international roadshow
www.moneyweb.co.za - 2017-03-27
Analysts see possible cabinet reshuffle ahead.


Rand bounces back to trade at 'fair value'
www.iol.co.za - 2017-03-27
The rand has seen a revival of its fortunes over the past year. Currently trading at about R12.50 to the US dollar, the currency has increased in value by over 30 percent in dollar terms since its record low of R16.89 to the dollar on January 20 last year


Meet my goals, not a performance target
www.iol.co.za - 2017-03-27
It’s time to stop looking for managers who deliver alpha (return above the market) and to look instead for those with a new elusive characteristic dubbed phi, Alexander Forbes is telling trustees, retirement fund consultants and advisers.


Disruptive Capitec heads overseas – lays out €21m on maiden venture
www.biznews.com - 2017-03-27
The deal is with Cream Finance, a short-term consumer loans group with an Eastern European bias. Capitec will acquire a 40 percent stake for €21m.


SA tax plans to hammer Saffers abroad: Still worth working in Dubai? What tax experts say
www.biznews.com - 2017-03-21
Ask a South African working abroad where he or she would rather be and the chances are they will usually say – back home in South Africa. Black economic empowerment legislation, a tough economic environment and high crime have all contributed to a wave


War of the exchanges
www.fin24.com - 2017-03-09
In the early 1990s, then junior stockbroker Etienne Nel would have had little idea that he would, some two decades later, lead a legal stand-off against Africa’s largest bourse – the JSE


One of the rare “accountables,” Brown pushes State Capture report
www.biznews.com - 2017-03-10
Cape Town – Public Enterprises Minister Lynne Brown said on Wednesday that she believes President Jacob Zuma should proceed with an inquiry as recommended by former public protector Thuli Madonsela.


National Min Wage; depriving by law a person’s right to work – Wits professor
www.biznews.com - 2017-03-10
A legislated National Minimum Wage (NMW) will be implemented in May 2018 with a starting rate of R20 per hour or R3,500 pm. This has some the far reaching implications and is a step on the road to nationalisation via legislation.


Trevor Manuel oversaw SA’s best economic growth ever; now he’ll work his magic at Old Mutual EM
www.biznews.com - 2017-03-10
Cape Town – Former Finance Minister Trevor Manuel has replaced Old Mutual CEO Bruce Hemphill as chairperson of Old Mutual Emerging Markets (OMEM) as part of the wider group’s separation process.


Illegals Crossing Border Drop 40 Percent
www.newsmax.com - 2017-03-09
The number of illegal immigrants crossing into the United States from Mexico declined by 40 percent from January to February, Homeland Security Secretary John Kelly said on Wednesday.


Latest twists in potential welfare payouts tragi-comedy
www.biznews.com - 2017-03-07
The political intrigue behind the R10 billion welfare “will they, won’t they,” potential April Fool’s Day payout joke is so intricate and nefariously woven that journalists find themselves in a quandary as to which is the bigger story.


Zuma repeats rallying call: Let’s grab land ‘orderly’; threatens Constitutional change
www.biznews.com - 2017-03-06
President Jacob Zuma has reiterated calls to grab land from white people without compensation, indicating that changing the Constitution will make radical economic transformation possible


Revealed: India’s Bank of Baroda closes Gupta accounts. Who will touch #Zupta money?
www.biznews.com - 2017-03-06
The move by Bank of Baroda follows similar steps by South African banks and the Bank of China. Commercial banks are expected to serve as a de facto policing agency on money laundering


Pravin’s next target: VAT on zero rated items, starting with R18bn from petrol
www.biznews.com - 2017-03-06
Mushrooming State spending and a stagnant economy make for a disastrous cocktail. And as the money runs out, instead of addressing the core issue, politicians occupy their minds by tapping into whatever is left for them to tax.


Pravin targets Saffers working abroad: Lower tax to end; must pay full SA tax rates
www.biznews.com - 2017-03-03
Every year, hundreds of thousands of skilled South Africans find jobs outside the country where low-tax rates are a strong magnet. Add in the global “183 day” regulation and as long as they spend six months of the year outside of SA, the money earned


Africa’s fastest-growing economy has SA investors lining up to share in spoils, say banks
www.biznews.com - 2017-03-03
Bloomberg – Lenders are lining up to establish a presence in Ethiopia, one of Africa’s fastest-growing and most under-banked economies. Now they need the government to let them open their doors.


Tax hikes mean you work until May 23 for SA State in 2017 – two days longer
www.biznews.com - 2017-03-03
The tax revenue trend shows fairly minor variations around a straight line. The trend, since 1994, is for Tax Freedom Day to be 1.26 days later every year on average, or about 19 days every president and an extra month per generation


Anthea Jeffery: Land expropriation without compensation and (supposedly) within Constitution
www.biznews.com - 2017-03-03
It’s the political joker, and both the EFF and ever-increasingly the ANC, see land as this trump card. And it’s no secret the ANC lost ground, while the EFF gained it, at the most recent municipal elections


David Warneke: Own an offshore trust? After Budget 2017 get advice quick – or pay big fines
www.biznews.com - 2017-03-03
Just when wealthy South Africans thought they’d absorbed all the blows, hidden in the fine print of SA’s Budget 2017 was a bombshell that is about to hit creators of offshore trusts really hard


Buffett loves Apple Inc – nowhere to 2nd in Berkshire’s $122bn portfolio.
www.biznews.com - 2017-03-01
For decades, Warren Buffett stayed away from owning shares in technology companies. He is now making up for lost time. After taking his first step into the sector through IBM, Buffett has made a huge bet on tech flag bearer Apple Inc,


Tax Free Savings Accounts – From under-used investment vehicle to tax haven in one Budget
www.biznews.com - 2017-03-01
A tax free savings account (“TFSA”) is a very important and under-used investment vehicle, especially as the growth in the investment attracts no tax, especially the dreaded Capital Gains Tax, which at a marginal tax rate of 45% is now an effective 18


Don’t get caught napping! Take advantage of the strong Rand
www.biznews.com - 2017-03-01
The Rand is enjoying a fantastic rally and is now frequently dipping below 13.00 to the US Dollar. With Euro and Pound weakness thrown into the mix, it’s clear that this is a good time to be offshoring some of your Rands


Pityana to Molefe; ‘Foolishly opted to be state capture tool rather than instrument of democracy
www.biznews.com - 2017-02-28
Brian Molefe’s subsequent rise from the ashes has left many wondering. The crocodile tears shed as he departed Eskom are indeed turning out to be a brilliant case of Hollywood, with talent scouts sure to give him a call.


Seriously funny: Eight new quips from Warren Buffett about himself – and other investors
www.biznews.com - 2017-02-28
Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we rush outdoors carrying washtubs, not teaspoons. And that we will do


Zuma tightens the screws on land expropriation
www.biznews.com - 2017-02-28
Using the Mugabe model of land reform – which is changing our laws to allow land expropriation without compensation – will in no ways enable “true reconciliation and an expanded economic cake,” as President Zuma claims


How world sees SA: Under Zuma, South Africa is an organised crime syndicate heading for ruin
www.biznews.com - 2017-02-27
South Africa is sinking so swiftly in the quicksand of moral decay that corruption and state looting have become institutionalised. An influential London-based newspaper has highlighted the astonishing reality there is so much corruption and crime ...


A credible Gordhan was stymied by political & policy paralysis – lacked a meaningful rescue
www.biznews.com - 2017-02-27
Tax guru Matthew Lester summed it up – a country going nowhere slowly. And him beating on the growth drum is exactly what political analyst Daniel Silke picks up from Finance Minister Pravin Gordhan’s budget.


New tax measure takes aim at Offshore Trusts
www.biznews.com - 2017-02-27
A bombshell hidden in the detail of the 2017 Budget review relates to the taxation of offshore trusts. It refers to the 2015 Budget review in which it was announced that measures would be introduced to the tax treatment of foreign companies ...


Buffett Says $100 Billion Wasted Trying to Beat the Market
www.bloomberg.com - 2017-02-27
Over five pages, he updated Berkshire Hathaway Inc. shareholders on a bet made almost a decade ago that a low-cost fund that passively tracked the S&P 500 Index would outperform a basket of hedge funds


Wall Street Theory Is You Didn't Need Trump to Lift Earnings
www.bloomberg.com - 2017-02-24
Yes stocks started gaining hours after his victory, and yes they’ve rarely slowed down since as gauges of business sentiment boomed. But one pillar of the rally has been strengthening for months with little help from the executive branch.


Tesla says Model 3 on track for volume production by September
www.reuters.com - 2017-02-24
Tesla Inc (TSLA.O) said on Wednesday its mass-market Model 3 sedan was on track for volume production by September, encouraging investors who see the electric vehicle as the avenue to profitability for the young company.


List of Top Equity Returns Since 1900 Starts With South Africa
www.bloomberg.com - 2017-02-24
Through two world wars, the Great Depression and relentless redrawing of national boundaries since 1900, one group of countries gave investors the best stock returns. Commodity-rich nations such as South Africa, Australia, the U.S. and Canada enjoyed b


Executive summary of SA’s 2017 National Budget Speech
www.biznews.com - 2017-02-23
After a R30bn shortfall in last year’s expected tax receipts, a total swing of R38bn is budgeted in this year’s National Budget. Over two thirds will come from a R28bn increase in tax; the other R10bn from reduced spending.


Alec Hogg on Budget 2017: Cooking SA’s mobile, highly skilled golden goose
www.biznews.com - 2017-02-23
During the engaging and brutally honest embargoed pre-Budget press conference Wednesday morning, Treasury Director General Lungisa Fuzile referred to the unintended consequences of policy actions.


New Tax Table for South Africans 2017/18
www.biznews.com - 2017-02-23
2017’s higher taxes of R28bn come from a five sources:


Winners and Losers from Budget 2017
www.biznews.com - 2017-02-23
The wealthiest 0.18% of South African society. The country’s 100 000 top earners are expected to contribute up to 40% of the R28bn additional taxes that the Finance Minister needs to raise in the 2017/18 fiscal year.


If Zuma removes any Treasury minister – hold onto your wallets
www.biznews.com - 2017-02-23
The equation is simple: should the Zuptoids succeed in muscling controversial former Eskom chief, Brian Molefe into the Finance Ministry, yanking out the solid incumbent or his whistle-blowing deputy, it will cost you and I thousands – and the country .


On the record: Quotes from Budget 2017’s Presser
www.biznews.com - 2017-02-23
The well-read Pravin Gordhan likes to sprinkle the words of others to add spice to his Budget Speech. But PG himself, his Deputy Mcebisi Jonas and their top civil servant, Treasury DG Lungisa Fuzile, are also a source of eminently quotable quotes.


Budget wrap: Gordhan ups social spending and squeezes the rich
mg.co.za - 2017-02-22
Despite trying circumstances, Finance Minister Pravin Gordhan announced on Wednesday that the budget introduces new tax measures that target the rich and that social spending is prioritised to favour the poor.


Zille’s SOPA: Domino effect – why Cape’s in shape and semi-gration keeps growing
www.biznews.com - 2017-02-21
No matter how much hot air is generated by the ANC’s modern day Pravdas, rational beings always vote with their feet. And for some years now, South Africans have been “semi-grating” in growing numbers to the Western Cape, the only non-ANC governed p


Taking more from the rich to give to the poor, not the answer – tax expert
www.biznews.com - 2017-02-21
It’s a compelling budget argument – don’t hit the employers any harder with tax and risk them shedding jobs or freezing salaries at current levels – rather increase the long-untouched low VAT, spread the load and boost the economy


Saxonwold confusion: Mcebisi Jonas takes aim at Ajay Gupta’s affidavit.
www.biznews.com - 2017-02-20
Cape Town – Deputy Minister of Finance Mcebisi Jonas has taken on Ajay Gupta in a replying affidavit that dispels an allegation that he lied about a 2015 meeting that took place at the Gupta residence in Saxonwold. “I … met Mr Ajay Gupta at his S


Zuma must go - Phosa
www.news24.com - 2017-02-19
Former ANC treasurer-general Mathews Phosa has asked President Jacob Zuma to step down. Phosa has spoken out against the party’s leadership saying, "Good men cannot be silent in the face of evil. Silence is connivance. Therefore I speak".


ANC’s Zuma ‘monument to corruption’ robs money from better causes – DA
citizen.co.za - 2017-02-18
South Africa does not need “monuments to corruption and unemployment” by building statues of President Jacob Zuma, and the money would be better spent elsewhere, the Democratic Alliance said on Sunday.


MP ousted to make place for Molefe
www.news24.com - 2017-02-18
The intrigue surrounding the impending swearing-in of former Eskom chief executive officer Brian Molefe as an MP deepened when City Press learnt that an ANC MP, Abram Mudau, was pushed to resign from Parliament so that Molefe could come in as a replacemen


Dodovu calls on Molefe to decline MP position
www.news24.com - 2017-02-18
A former ANC leader in the North West province has called on former Eskom CEO Brian Molefe not accept the position of Member of Parliament. Former North West provincial deputy chairperson China Dodovu called on Molefe not to take the position.


Amplats swings to 2016 profit
www.moneyweb.co.za - 2017-02-15
Anglo American Platinum, the world’s No. 1 producer of the precious metal, swung into profit in 2016 from a restated loss and said on Wednesday it had sold off its Union mine, the last major asset it wanted to dispose of.


Opposition flays Zuma over address
www.timeslive.co.za - 2017-02-15
Parliament witnessed a subdued response to President Jacob Zuma's State of the Nation address yesterday as EFF and COPE MPs boycotted debating his speech.


Bobby Jindal: Trump's pick for Education Secretary wants everyone to get a great education. Dems hat
www.foxnews.com - 2017-02-07
President-elect Donald Trump’s nominee to be the Secretary of Education, Betsy Devos, has committed an unpardonable sin. Yes, she has tried to help millions of disadvantaged families have the ability to send their kids to better schools


Trump signs order temporarily halting admission of refugees, promises priority for Christians
www.washingtonpost.com - 2017-01-28
President Trump signed an order Friday to suspend admission of all refugees for 120 days while a new system is put in place to tighten vetting for those from predominantly Muslim countries and give preference to religious minorities.


How Donald Trump changed the presidency in 7 days
edition.cnn.com - 2017-01-27
Forget the first 100 days. It's only been a week and Donald Trump is reinventing the presidency.


How Amazon innovates in ways that Google and Apple can't
www.vox.com - 2016-12-31
Amazon pioneering a new product category and then going on to dominate it.


5 Things That Could Make Amazon Even Stronger In 2017
fortune.com - 2016-12-31


Aliens are all around us?
creation.com - 2016-12-18
actually, the case for spontaneous life has worsened as knowledge of the requirements for a minimalist cell has increased


REPORTS: MKHWEBANE THREATENED TO PULL OUT OF AOMA FORUM IF MADONSELA WAS INVITED
ewn.co.za - 2016-12-18
It’s emerged Public Protector Advocate Busisiwe Mkhwebane threatened to withdraw South Africa’s hosting of an African Ombud Conference if her predecessor advocate Thuli Madonsela was invited.


Italy prepared to pump 15 billion euros into ailing banks: sources
www.reuters.com - 2016-12-15
Italy's government is ready to pump 15 billion euros into Monte dei Paschi di Siena (BMPS.MI) and other ailing banks, sources said, as the country's third-largest lender pushes ahead with a private rescue plan that is widely expected to fail.


Why Google Is Fumbling While Tesla Is Sprinting Toward Driverless Cars
www.forbes.com - 2016-12-15
On Tuesday, Google’s parent company Alphabet announced that it was shifting its self-driving car project into an independent entity—Waymo


Trump sees moving US Embassy in Israel to Jerusalem as 'big priority'
www.foxnews.com - 2016-12-13
President-elect Donald Trump considers moving the U.S. embassy in Israel to Jerusalem from Tel Aviv a “very big priority,” senior adviser Kellyanne Conway said in a radio interview Monday, describing a step that would represent a major reversal of lon


70 farmers killed in 2016 – attacks more sophisticated
www.biznews.com - 2016-12-12
Since the beginning of the year 70 people have been murdered in 345 farm attacks and those attacks are becoming ever more sophisticated, military-style raids. This the highest death toll since 2008 when 79 people were murdered in such attacks and, the


Drafters of constitution were naive
www.iol.co.za - 2016-12-11
Judges must grapple with the question of how to uncover the truth about State of Capture, writes Mcebisi Ndletyana.


Opinion: Donald Trump's 'brilliant' move on Taiwan may make Asia safer
edition.cnn.com - 2016-12-05
The reality is that Trump's move to speak on the phone with President Tsai is brilliant and has little downside. With a simple 10-minute phone call, rather than selling billions of arms to Taiwan, Trump shows American strength in the Asia-Pacific region


Joburg’s DA Mayor Mashaba plans to send plundering predecessors to jail
www.biznews.com - 2016-12-02
Power corrupts. Absolute power corrupts absolutely. Witness the City of Johannesburg where the ANC had been in power since 1994


Open letter from 'Afrikanerman' to Julius Malema
www.iol.co.za - 2016-11-30
Also on my father’s side, an uncle of my father was only about 20 years old when he was accused by an English commander of being a Cape rebel in the Anglo Boer War. He was shot while sitting blindfolded in a chair with his grave already dug at the back


Carrier says it has deal with Trump to keep jobs in Indiana
www.foxnews.com - 2016-11-30
Air conditioning company Carrier said Tuesday that it had reached an agreement with President-elect Donald Trump that would keep 1,000 jobs in Indianapolis.


Trump to tap billionaire Wilbur Ross for Commerce secretary
money.cnn.com - 2016-11-30
Free trade is like free lunch: There is no free lunch," Ross told Fox Business in August. "Somebody wins and somebody loses. And unfortunately, we've been losing with these stupid agreements that we've made."


ANC at last calls Zuma to account
mg.co.za - 2016-11-28
The ANC is finally calling Jacob Zuma to order. The president will appear before the party’s integrity commission on December 3 for possibly bringing the party into disrepute.


Zuma’s waning power exposed by stalled nuclear plan
mg.co.za - 2016-11-24
Government’s decision to stall plans championed by President Jacob Zuma to build nuclear plants has exposed his waning authority.


Why Cosatu believes Ramaphosa will save the ANC
mg.co.za - 2016-11-24
The Congress of South African Trade Unions (Cosatu) has called for ANC deputy president Cyril Ramaphosa to succeed Jacob Zuma as the party’s president – instructing its members to nominate the former worker leader and businessperson ahead of next ...


Tesla's Musk closes SolarCity deal, more challenges lie ahead
www.reuters.com - 2016-11-18
Tesla Motors Inc Chief Executive Elon Musk won approval on Thursday from the electric luxury automaker's shareholders for an acquisition of SolarCity Corp, the solar energy system installer in which he is the largest shareholder.


Sean Hannity: Toughen up, crybabies -- Trump is your next president
www.foxnews.com - 2016-11-18
What we're seeing from the alt-radical left, as I call them, is so over the top, it's pretty hard to believe. But it is real and it's beyond ridiculous.


Rian Malan lashes Malema rhetoric: Ugly truth about SA white land ownership
www.biznews.com - 2016-11-16
Julius Malema is a devotee of the Goebbels/Stalin/Mao rulebook on propaganda which preaches if you tell a lie enough times, people will eventually believe it.


Why no Nobel Prize for Trump?
www.foxnews.com - 2016-11-16
In just over a week as president-elect, Donald Trump has done more for peace and economic security than eight years of Barack Obama. They ought to give him a Nobel Peace Prize.


Brian Molefe’s famous grouse: First resign, then turn state witness?
www.biznews.com - 2016-11-15
“When a person is known to be a goat thief … one day, when he is is seen walking next to a herd of goats, it does not mean that he has been stealing them,” Molefe said.


A Tesla buying opportunity as share price dips on coal-supporting Trump
www.biznews.com - 2016-11-15
Mr Market’s over-reaction offers a wonderful opportunity for those able to block out the noise


Beast turning into monster? Zuma, his front men gain power, as ANC backs off. Must read!
www.biznews.com - 2016-11-14
If the ANC does not get rid of Zuma soon, much more damage will be inflicted on the country – and for that the ANC will deserve to be punished at the polls in 2019, reckons Qobo


Eskom’s deal with Gupta-owned Tegeta corrupt: Mantashe
www.iol.co.za - 2016-11-08
ANC secretary-general Gwede Mantashe has lashed out at Eskom, saying it does not take a rocket scientist to see that its transaction deal with the Gupta-owned Tegeta Exploration and Resources was “corrupt”.


#StateCapture: Mathole Motshekga breaks ranks
www.iol.co.za - 2016-11-08
ANC chief whip Mathole Motshekga has become the latest senior party leader to break ranks, saying the ANC “cannot and should not accept collective responsibility” for the actions of President Jacob Zuma “and all those implicated by the State Capture


Ntsele breaks conspiracy of silence as Guptas prepare to pounce on unbribeable ACSA boss
www.biznews.com - 2016-11-05
Communications strategist Dominic Ntsele is one of South Africa’s ultimate insiders. Deeply connected within the political and business elite, he is the go-to man for the rich and powerful suffering a serious reputational crisis


Eskom boss Brian Molefe bursts into tears over #StateCaptureReport. Has he been hung out to dry?
www.biznews.com - 2016-11-04
As part of the report, cellphone evidence revealed that Molefe and Ajay Gupta, the eldest of three Gupta brothers, made 58 telephone calls to one another between August 2015 and March 2016.


Zuma's Final Solution
www.news24.com - 2016-11-02
Zuma’s decision to withdraw South Africa from the International Criminal Court is even more sinister than the media and expert commentators are giving it credit for.


When lies become fraud, people involved in state capture go to jail
mg.co.za - 2016-11-02
A number of Gupta companies and representatives and lieutenants lied through their teeth, again and again, as the family misused public money – and perhaps also money held in a trust for future generations – to steal a coal mine.


Seven months of dodging Thuli leaves JZ cornered
mg.co.za - 2016-11-02
President Jacob Zuma had seven months to prepare his responses to state capture allegations and still he used his four-hour long interview with former public protector Thuli Madonsela to argue technicalities.


Guptas wanted heads to roll in 'stumbling block' treasury
mg.co.za - 2016-11-02
Ajay Gupta believed treasury was a “stumbling block” in the family’s business ambitions – and heads needed to roll.


#StateCaptureReport wrap: Zuma central to Gupta patronage
mg.co.za - 2016-11-02
Those implicated in the report include Zuma, Eskom board chairperson Ben Ngubane, Duduzile Zuma, Ajay Gupta, the Gupta-controlled Tegeta company, Minister of Public Enterprises Lynne Brown, former minister of finance Des van Rooyen and Minister of Mineral


Elon Musk may single-handedly revive a business practice that's gone out of style
www.businessinsider.com - 2016-11-02
Vertical integration is old hat for Tesla; Musk and his team coexist fitfully with their supply chain, as design and production glitches with the Model X SUV have shown. At one point, the automaker got so frustrated with a seat supplier that it brought th


Elon Musk Describes His Vertically Integrated Home of the Future
www.inverse.com - 2016-11-02
In Musk’s view, there will be a Tesla in every garage and solar panels on every roof — and a big ol’ Powerwall 2 home battery tying everything together. Vertical integration at its most pure.


R17m spent on 'political witch-hunts'
www.iol.co.za - 2016-11-01
President Jacob Zuma’s government has spent more than R17 million in pursuing top officials in state institutions who are seen to be his opponents.


Stuttering Abrahams: 'It wasn't me' ... and other tall tales
mg.co.za - 2016-11-01
It took prosecutions boss Shaun Abrahams 20 days from affirming that the “buck stops with me” to passing that very same buck on to his lynch-man and the Hawks.


Nehawu calls for Zuma to resign
www.iol.co.za - 2016-11-01
Cosatu’s biggest affiliate, the National Education Health and Allied Workers’ Union (Nehawu) has dropped a bombshell, calling on President Jacob Zuma to resign from office.


Top scientist asks black academics: What does ‘decolonised’ UCT look like?
www.biznews.com - 2016-11-01
Everything must fall...


Explosive new Nenegate claims: ‘Weekend special’ Van Rooyen part of plan to grab R400bn?
www.biznews.com - 2016-11-01
Des Van Rooyen literally spent more days at the Gupta compound than he did as Minister of Finance


DA to report Des van Rooyen to Public Protector
www.news24.com - 2016-10-30
Van Rooyen visited the Gupta compound at Saxonwold seven times before he was appointed as the finance minister by President Jacob Zuma for a weekend in December.


Abrahams urged to drop charges, quit
www.iol.co.za - 2016-10-30
“The only proper thing for Abrahams to do would be to withdraw the charges against Gordhan, Pillay and Magashula, admit that he is not up to the task and resign. Along with his henchman, Torie Pretorius,” Breytenbach said


DA TO MAKE PROPOSAL TO ADJUST GORDHAN'S MINI BUDGET BY OVER R1BN
ewn.co.za - 2016-10-29
Democratic Alliance David Maynier said there are many areas where government can save money


Tesla doubles the energy density of its commercial batteries
www.engadget.com - 2016-10-28
Powerpack 2 has double the energy density than the original model, paired with a new inverter (made at its Gigafactory), that's apparently the lowest-priced, highest efficiency utility-scale inverter available. Arguably just as important, the new ...


#StateCapture report is final, says Public Protector
www.iol.co.za - 2016-10-27
“The Public Protector has the president's latest affidavit and has through the attorneys confirmed that the report was finalised and signed by Adv. Madonsela on 14 October 2016,” Mkhwebane's spokeswoman told Reuters.


Game Over for Abrahams, Moyane and Co: Documents prove Gordhan prosecution political
www.dailymaverick.co.za - 2016-10-27
A dramatic turn of events has yielded fresh evidence that the prosecution of Finance Minister Pravin Gordhan is a political hit and that NPA head Shaun Abrahams has overplayed his hand.


Meet Vytjie Mentor: Former ANC MP waging a lonely war against #Zupta
www.biznews.com - 2016-10-27
Many South Africans have never heard of Vytjie Mentor. She is among the few politicians from an ANC background brave enough to speak out about President Jacob Zuma’s involvement in financial irregularities and state capture.


Higher education levy on pension funds proposed: Another hammer blow for SA investors?
www.biznews.com - 2016-10-27
South African politicians are steadily coming around to the way of thinking among student #FeesMustFall campaigners. Instead of pondering whether free tuition is possible, it is increasingly becoming a case of how to find the money to cover the estimated


Business’s PG support good, but where are Van Rooyen-praising accountants?
www.biznews.com - 2016-10-27
Labour leader Zwelinzima Vavi is among those who are impressed by the business leaders who went on the record with their support for Finance Minister Pravin Gordhan. In a speech delivered to investors yesterday he said those he has long “accused of comp


Mini Budget 2016: Read Pravin Gordhan’s full speech
www.biznews.com - 2016-10-27
Pravin Gordhan’s full Mini Budget speech. Despite all the turbulence, Gordhan is continuing to do an excellent job. Look out for fresh info on the Nuclear Project – and Gordhan’s swipe at Eskom’s Brian Molefe on Renewable Energy which he supports


Zuma must go! Rallying call as explosive R600m #Zupta golden handcuffs scandal unfolds
www.biznews.com - 2016-10-25
The Guptas offered Deputy Finance Minister Mcebisi Jonas R600 000 in cash to take the job of Finance Minister and R600 million if he agreed to “work with” them – removes any last shred of doubt that Zuma and the Guptas are intent on capturing our Tr


Vytjie Mentor makes application to intervene in state capture matter
mg.co.za - 2016-10-25
Former ANC member of Parliament Vytjie Mentor has filed papers with the High Court in Pretoria seeking to intervene in President Jacob Zuma’s bid to halt the release of the public protector’s “state capture” report.


Manuel: I'd rather be a toolmaker than flip burgers with a BA
www.fin24.com - 2016-10-23
It is a given that providing free tertiary education means something else will have to be given up, former finance minister Trevor Manuel said on Friday.


ANC’s NEC must quit
www.news24.com - 2016-10-23
ANC chief whip Jackson Mthembu has made a shocking proposal: the party’s top leaders should step down for having failed members as it moves from one crisis to the next.


Mthembu turns on Zuma
www.iol.co.za - 2016-10-23
Outspoken ANC Chief Whip Jackson Mthembu has clashed with loyal Jacob Zuma supporters at the party’s national working committee, after openly accusing the president of using state resources to fight Finance Minister Pravin Gordhan.


Plea to probe Jonas’s state capture claims
www.iol.co.za - 2016-10-23
The deputy minister reportedly claimed that Ajay Gupta – in the presence of President Jacob Zuma’s son Duduzane and controversial businessman Fana Hlongwane – offered him R600 000 in cash and a further R600 million to be paid in instalments in retur


Budget black hole
www.iol.co.za - 2016-10-23
There has been so much political noise around Finance Minister Pravin Gordhan that the economic picture has taken a back seat. On Wednesday, the nation could be in for a shock as he reveals the true state of the country’s finances.


Dark clouds ahead: SA’s worst case scenario. A Zupta jamboree.
www.biznews.com - 2016-10-22
We live in a country where the President has gone rogue. That’s the bottom line here. He couldn’t care less about the people he serves. He couldn’t care less about the economic damage he is doing...


Gupta inversion: Tuesday’s smile for “day in court” has turned into a snarl
www.biznews.com - 2016-10-20
the Guptas publicly expressed their “delight” after Finance Minister Pravin Gordhan exposed more than 70 of their dodgy financial transactions in the High Court. A day later their bravado has vanished, replaced by a demand that Gordhan withdraw his co


How world sees SA: Fears Zuma will become increasingly irrational – investment analyst
www.biznews.com - 2016-10-19
How is the battle between President Jacob Zuma and finance minister Pravin Gordhan likely to end? London-based analyst Peter Attard Montalto, of Nomura, says that global investors fear that Zuma could easily take what market players might deem to be an ir


Respected Helen Zille: Not being liked comes with serving righteous cause.
www.biznews.com - 2016-10-17
After the first democratic election in 1994, the then DP had fewer than 350 000 votes. By the time Helen Zille had completed her term as DA Leader in 2014, the party had over 4 million voters.


The four dimensional human genome defies naturalistic explanations
creation.com - 2016-10-17
The human genome is the most complex computer operating system anywhere in the known universe. It controls a super-complex biochemistry that acts with single-molecule precision.


Gupta bombshell: Zuma on the ropes after Gordhan's gloves come off
mg.co.za - 2016-10-17
South African President Jacob Zuma appears increasingly vulnerable in a power struggle with his finance chief after a series of new allegations emerged about the business dealings of members of a wealthy family who are his friends and in business with his


FlexJobs Survey: Millennials More Interested in Travel, Work Flexibility Than Gen X, Baby Boomers
www.flexjobs.com - 2016-10-16
You’ve probably guessed it: millennials like their work flexibility, and a recent FlexJobs survey of almost 3,000 people from all generations confirmed it. When compared to gen X and baby boomers, millennials clearly value flexible work options ...


Zuma faces ANC backlash
www.iol.co.za - 2016-10-16
With a backlash gathering force within the ANC over the prosecution of Finance Minister Pravin Gordhan, a statement by the ruling party endorsing former public protector Thuli Madonsela”s report on state capture sent a clear message ...


Thuli holds nothing back; points and aims
www.iol.co.za - 2016-10-16
In a no holds barred lecture for the Ahmed Kathrada Foundation in Joburg on Saturday, she pointed out where Zuma’s government had got its constitutional priorities wrong, including giving a R5-billion bailout to the ailing SAA while denying her office .


Cellphone records place Van Rooyen at Gupta home
www.news24.com - 2016-10-16
According to a BBC report, secret cellphone records place Van Rooyen at the Gupta home the evening before President Jacob Zuma sacked finance minister Nhlanhla Nene.


DA to add new charges against Guptas
www.news24.com - 2016-10-16
Financial journalist Alec Hogg wrote on BizNews that Treasury would consider the so-called "nuclear bomb" option if the persecution of Gordhan neared crisis point. This option, according to Hogg's sources, involved Treasury's dissemination of damning .


Guptas ‘backed’ Oros’ R140k monthly bond
city-press.news24.com - 2016-10-16
Evidence suggests that ANC Youth League president Collen Maine received a generous helping hand from the Gupta family to afford his swanky golf estate home


ANCYL calls for MK Veterans to take up arms for Zuma
www.news24.com - 2016-10-16
The ANCYL Chairperson Collen Maine on Saturday called for MK Veterans to arm themselves to defend President Jacob Zuma.


Gordhan drops Gupta ‘nuclear bomb’
www.news24.com - 2016-10-16
Court papers filed by Finance Minister Pravin Gordhan that contain details of "suspicious" bank transactions by Gupta-owned companies totalling almost R7bn may be the first indication that Treasury has put in motion its so-called "nuclear bomb" option.


How world sees SA: Expect #Gordhan to go, rand to fall as Zuma grabs Treasury
www.biznews.com - 2016-10-13
International investors think it is increasingly likely that South Africa’s finance minister Pravin Gordhan will be replaced as President Jacob Zuma and his faction within the ruling ANC continue with a plan to take full control of the National Treasury


Proof (in pictures) that NPA charges against Gordhan trumped-up, political
www.biznews.com - 2016-10-13
National Prosecuting Authority head Shaun Abrahams has really blown it this time in his full-frontal attack against SA Finance Minister Pravin Gordhan. In his eagerness to serve political masters, the NPA chief has handed their enemies compelling evide


Thuli defies Zuma as Guptas issue warning
www.iol.co.za - 2016-10-12
Madonsela confirmed on Tuesday that she stood by her statement that Zuma had an opportunity from March 22 to answer questions on the allegations of the Gupta family’s influence in the appointment of cabinet ministers.


Zuma vs South Africa: Ugly twist as Gupta brothers threaten Thuli Madonsela
www.biznews.com - 2016-10-12
The Gupta brothers, at the centre of allegations on state capture, have issued a menacing threat to South African Public Prosecutor Thuli Madonsela – warning her that she includes their names in a report on her investigations at her “own peril”.


Pravin Gordhan struggling to understand the nature of NPA charges. Aren’t we all?
www.biznews.com - 2016-10-12
Abrahams chose to dwell extensively on allegations concerning the SARS investigative unit under question, which he is not yet able to prosecute. He then turned to the content of the summons, which is concerned with the matters of an administrative ...


Zupta whistleblower Vytjie Mentor to Zuma: Let’s have TV debate on Guptas
www.biznews.com - 2016-10-12
Dear Zuma, I spoke to the PP. I revealed things about you and about your folly relationship with the Gupta’s through your son,” she wrote. I am not scared of you, of your lies, your tricks, your delaying tactics ...


Zuma demands Madonsela back off from state capture probe
www.iol.co.za - 2016-10-10
President Jacob Zuma has formally asked outgoing Public Protector Thuli Madonsela to assure him by the end of business on Tuesday that she will not complete her investigation into allegations of state capture ...


Elon Musk dumped by Wall St’s Goldman, Morgan now that he really needs them
www.biznews.com - 2016-10-10
Wall Street’s “super helpers” remain loyal to only one thing – self-interest


While the Nation sleeps…Who’s burning the midnight oil?
www.biznews.com - 2016-10-10
Energy Minister Tina Joemat-Pettersson told the country the strategic fuel reserves netted R5 billion. The auditor general however said only R3.9 billion of this supposed total made it into the national coffers. And this all well below the R6.5 billion th


Anglogold’s Pityana: Save SA – fire Zuma, corruption’s “sponsor-in-chief”
www.biznews.com - 2016-10-07
Pityana laid bare the ugly truth of Jacob Zuma’s Administration, exposing it as a corrupt cabal which no longer bothers to cover its plundering tracks


Oilgate: AG confirms billions are missing. Why no action from Hawks, NPA?
www.biznews.com - 2016-10-07
Sipho Pityana received a lengthy standing ovation after “The Speech” at the Joburg Mining Indaba where he called for the impeachment of President Jacob Zuma who he says is at the centre of a web of plundering of State resources - "sponsor in chief"


10 Fascinating Things You Probably Didn't Know About Warren Buffett's Berkshire Hathaway
www.fool.com - 2016-10-02
Berkshire Hathaway is famous for its stock portfolio of about 45 different companies, but the majority of the portfolio's value is in the stocks of just five companies -- Wells Fargo, Kraft Heinz, Coca-Cola, IBM, and American Express.


SA awash in knowledge, huge wisdom deficit
www.biznews.com - 2016-09-30
The Cambridge English dictionary defines wisdom as ‘the ability to use your knowledge and experience to make good decisions and judgments


Hawks ignored Gordhan's offers of help - lawyers
www.news24.com - 2016-09-01
Finance Minister Pravin Gordhan repeatedly offered the Hawks his assistance, but the law enforcement agency did not take him up on his invitation, his lawyers said in a strongly-worded statement on Thursday


National Treasury fires salvo at Eskom heavyweights as Gupta coal scandal escalates
www.biznews.com - 2016-08-30
South Africa’s National Treasury said Eskom Holdings SOC Ltd., the national power utility, wrongly stated that coal supply contracts between itself and Tegeta Exploration & Resources Ltd. had been audited by the finance ministry and has ignored queries


Gupta family 'like rats abandoning sinking ship' – DA
www.news24.com - 2016-08-28
The Gupta family were like "rats abandoning a sinking ship in South Africa", the Democratic Alliance’s David Maynier said on Sunday. “Things have evidently reached a 'tipping point' and the Gupta family have decided that it’s in their best interest


Eskom paid Gupta mine millions for coal it couldn’t even use – report
businesstech.co.za - 2016-08-28
Eskom forked out more than R130 million to a Gupta-owned mining company for coal the power utility couldn’t even use, according to a report in the Sunday Times, citing a National Treasury investigation.


Biznews Classic: Joburg mayor Herman Mashaba’s journey to the throne
www.biznews.com - 2016-08-28
Herman Mashaba, founder of Black Like Me and the new mayor of Johannesburg, business began in the boot of a car.


I'm prepared to die to save SA from the thieves, says Gordhan
www.timeslive.co.za - 2016-08-28
A defiant Gordhan promised that he would never back down from fighting corruption. The embattled finance minister also told hundreds of Treasury staff members he was aware of speculation over a cabinet reshuffle.


No more blue lights in Tshwane - Msimanga
www.news24.com - 2016-08-19
Gone are the days where publicly-elected officials will think they are VIPs. The only VIPs will be the people of the city


Flip Buys: A Saturday morning chat exposes EFF myths just like Ayn’s novels
www.biznews.com - 2016-08-15
To think one only has to vote for a living. I was under the impression one must work for a living!


How geckos become unstuck
creation.com - 2016-08-15
Indeed, we should give credit, but not to the geckos that had no control over their foot structure, but to the One who designed both them and their amazing feet, on Day 6 of Creation Week


Brilliant – Pierre de Vos explains how SA’s new ruling coalitions will work
www.biznews.com - 2016-08-09
A coalition with ANC is like someone trying to get on the Titanic while it sank...


The life-lessons I’ve learned from my burnout
www.biznews.com - 2016-08-05
When the weight of your work-load wears you down, and you find yourself battling to catch up with your everyday responsibilities, you could be in the grip of the malaise of our non-stop age…burnout. That’s when it’s time to hit the pause button ...


Hour of Exercise a Day May Offset Sitting's Toll on Health
trib.com - 2016-07-28
Just one hour of physical activity a day -- something as simple as a brisk walk or a bicycle ride -- may undo the increased risk of early death that comes with sitting eight hours or more on a daily basis, a new study suggests


5 ways to bulletproof your business
www.biznews.com - 2016-07-26
Jannie Rossouw, Head of Sanlam Business Market, believes that proactivity is absolutely critical in this climate. “Business owners should be taking as many proactive steps as possible to cushion their business against these blows.”


Twin peaks; twin fallacies – a conservative R4.8bn yearly cost
www.biznews.com - 2016-07-26
Are National Treasury and the Financial Services Board once again attempting to stampede Parliament? Have they embarked on an entirely unprecedented, improper and transparent marketing campaign to lull members of Parliament and the public into a false sen


A Globe-Trotting Billionaire Defends Trump's Trade Policy
www.bloomberg.com - 2016-07-18
Tom Barrack is publishing an economic treatise today, echoing Trump's critique of international trade


The impact of retirement reform coming into effect on 1 March 2016
www.10x.co.za - 2016-07-18
In summary, from 1 March 2016, the deduction cap for retirement fund contributions increases to 27.5% of the greater of remuneration or taxable income


George Soros: Buyer’s remorse – Regrexit to spark EU revival
www.biznews.com - 2016-07-18
In typical hedge fund mantra, George Soros has turned the negative surprise of Brexit into a positive


Updated polls: DA is comfortably ahead of ANC in key metros of Jhb, Pta, PE
www.biznews.com - 2016-07-18
South Africa’s African National Congress has failed to erode the lead of the main opposition party in Pretoria, the capital, and Johannesburg, three weeks before the nation holds local government elections, the latest eNCA public-opinion survey shows


Team South Africa’s best chance of an Olympic gold medal
www.biznews.com - 2016-07-18
A piece of sports history was made this week, with the announcement of the team that will represent South Africa at the Rio Olympic Games in Rugby Sevens.


Papenfus: To Labour Minister Oliphant, what must we do about these Whites?
www.biznews.com - 2016-05-04
Since I am ‘white’, I take note when you talk so boldly about ‘whites’ being the stumbling block in terms of your transformation agenda


Allan Gray returns to the top of the manager rankings
www.iol.co.za - 2016-04-25
Allan Gray has ousted Nedgroup Investments as the top manager of South African unit trust funds. However, Nedgroup Investments has retained its position as the top manager of offshore funds, according to the latest PlexCrown survey.


Nene jokes: Allan Gray appointment part of ‘private capture’. Discourages rift.
www.biznews.com - 2016-04-20
In a press briefing before the ceremony began, Nene joked about his move from the public service into the private sector.


Message in a bottle, promising finder a shilling, bobs up after 108 years
www.theguardian.com - 2016-04-20
Communication thrown into sea by Plymouth biologist in 1906 and found by German woman confirmed as oldest in the world


Gupta affair more horrifying than Nkandla
www.iol.co.za - 2016-04-19
The president stands accused of giving private business interests influence and control over senior government appointments. Consider for a moment if the president were to give such power to a foreign government. It would constitute treason.


Tesla Tested by Enel to Buffer Rising South African Power Costs
www.bloomberg.com - 2016-04-13
The Tesla system is a small-scale example of the experiments with energy storage that utilities around the globe are conducting as a way to help balance the electric grid


Judgment is something many of us will treasure for the rest of our lives – Madonsela
www.news24.com - 2016-04-11
Madonsela said she was most impressed with Mogoeng's statement that the law was a sword that cuts the ugly head of impunity.


My soul is not for sale - Chief Justice Mogoeng
www.news24.com - 2016-04-11
No one is above the law and no state authority is immune from being held accountable. This is one of the key points that Chief Justice Mogoeng Mogoeng highlighted in an interview


Zuma jeered as quit calls mount
news.iafrica.com - 2016-04-11
The jeering is the latest incident as the president faces mounting pressure to resign from office in the wake of the Constitutional Court's judgement against him. The court found that he had failed to defend and uphold the constitution ...


Antibiotics linked to prediabetes risk
lifestyle.iafrica.com - 2016-04-11
A Greek study has now found that giving antibiotics to toddlers, which is sometimes unavoidable, could alter their metabolism and increase their risk of developing prediabetes.


Airbus Loses Order for 840-Seat ‘Flying Sardine Can’ Superjumbos
www.bloomberg.com - 2016-04-11
The aircraft, whose planned 840-seat configuration had led them to be widely labeled by the media as “flying sardine cans,” were removed from Airbus’s order backlog in a monthly update published Monday


Zupta “bomb starting to explode” – writing on wall for modern Babylonians
www.biznews.com - 2016-04-08
The Canute-like ANC is desperately trying to turn back a relentless tide. SA’s ruling political party is trying to buy time so as to minimise inevitable damage of dispatching its deeply compromised President Jacob Zuma.


Mogoeng Mogoeng’s full Nkandla judgment – Biblical David takes on Goliath
www.biznews.com - 2016-03-31
She is the embodiment of a biblical David, that the public is, who fights the most powerful and very well-resourced Goliath, that impropriety and corruption by government officials are


Five reasons why the ConCourt's Nkandla ruling is important for SA
www.news24.com - 2016-03-31
As the Constitutional Court rules on the Nkandla matter on Thursday, South Africans will wait with bated breath to see what ramifications the judgment will have on President Jacob Zuma's political career.


Zuma should make way for new leaders – Mathews Phosa
www.news24.com - 2016-03-31
Former ANC treasurer general, Mathews Phosa, has called for President Jacob Zuma to resign as the country’s leader, saying the ANC needed a new beginning.


I turned down the Guptas, says Jonas
www.iol.co.za - 2016-03-16
In a shocking move, Deputy Finance Minister Mcebisi Jonas has admitted that controversial family, the Guptas, offered him the job of finance minister.


Losing Ohio Improves Trump’s Chances to Win the Nomination
prospect.org - 2016-03-16
Keeping John Kasich in the race divides the anti-Trump vote.


Hawks desperation suggests Zupta dam is bursting. First Mentor, who’s next?
www.biznews.com - 2016-03-15
If you never realised it before, yesterday’s 3% plunge in the exchange rate should get your attention: South Africa’s future is on the line. Believe it. There is no middle ground


How world sees SA: Why London investors liked Gordhan – and distrust Zuma
www.biznews.com - 2016-03-14
Capital is cowardly. It flows where the best returns are available and flees from the places where those providing it are either disadvantaged


China May Face Japan-Like Slump Unless Yuan Weakens, KKR Says
www.bloomberg.com - 2016-03-09
China could be facing the same kind of anemic growth that Japan did in the 1990s unless it moves to weaken the yuan to alleviate the country’s debt burden and fend off deflation


Budget in a nutshell
www.fin24.com - 2016-02-24
Finance Minister Pravin Gordhan’s first comeback National Budget tabled on Wednesday afternoon in Parliament was relatively calm and workmanlike one after all the expectations of tax hikes and spending cuts amid tough economic times.


Five Charts That Show Why This South Africa Budget Is So Crucial
www.bloomberg.com - 2016-02-23
Standard & Poor’s has a negative outlook on its rating of BBB-, the lowest investment grade. Fitch Ratings has an equivalent assessment on South African debt, with a stable outlook, while Moody’s Investors Service rates the nation two levels above jun


Equities are the place to be
www.moneyweb.co.za - 2016-02-18
The problem, however, is that if you are considering how best to invest your money, you have to also consider the alternatives. If you are not going to invest in equities, what are your options, and how do they compare in relative terms?


Hedge funds ‘can expect growth spurt’
www.iol.co.za - 2016-02-18
the hedge fund industry has enjoyed a steady growth in assets in recent years since retirement funds were allowed to invest a portion of their assets in hedge funds in 2011. And Foster says another growth spurt can be expected now that hedge funds ...


Helen Zille’s optimistic – SA made 300 years of progress in a week
www.biznews.com - 2016-02-15
Counter-intuitively, I have rarely been so optimistic about South Africa’s future as I am now. Last time I felt so good about the future was in 1996, when we adopted our new Constitution. Today I am upbeat because our Constitution is working.


SA house price growth myths – why 5-6% p.a. is actually 1%
www.biznews.com - 2016-02-15
In 2015, however, the 0.94% average home price increase was, in fact, a real decline of 4.2% after adjusting for inflation, and well below the inflation rate of 5.2% p.a. for the year.


Silke: Zuma’s sombre SONA ‘prelude to budget’. Hopes pinned on Gordhan.
www.biznews.com - 2016-02-14
Still, SONA 2016 sets it all up for Gordhan – and now shows just how powerful he may be. It’s almost as though this SONA reflected a removal of power from Jacob Zuma – as Treasury and the Finance Ministry took charge. But let’s wait – and hope .


Pyramid scams thriving in SA
www.iol.co.za - 2016-02-12
Pyramid schemes in South Africa are more likely to collapse than be shut down, thanks to regulatory arbitrage. The National Consumer Commission (NCC) this week said it was no longer pursuing an investigation into nine suspected pyramid schemes.


'Flee': Message to ISIS oil tanker drivers released by Pentagon
www.foxnews.com - 2016-01-26
“Warning. Airstrikes are coming, oil trucks will be destroyed,” read one leaflet. “Get away from your oil trucks immediately. Do not risk your life.”


At 94, Minnesota eye doctor heads to Africa to help Ebola survivors
www.startribune.com - 2016-01-23
He downplays his contributions, saying he’s just an ordinary man doing God’s work


Trevor Manuel, Floyd Shivambu – exposing Guptas as puppeteers in #Nenegate
www.biznews.com - 2015-12-24
“From what I have heard, the removal of Mr Nene, from his position both as minister of finance and as a Cabinet minister came as a complete shock to too many,” said Manuel.


Floyd Shivambu: Here’s why Zuma fired Nene, deployed backbencher Van Rooyen
www.biznews.com - 2015-12-24
We should never agree to be puppet-mastered as if there are no rules and principles that govern this country. We call on all South Africans to stand up against the Gupta syndicate because we will soon be left with no country.


Meet the Gupta Family, Zuma’s close pals, SA’s “chieftains of patronage”
www.biznews.com - 2015-12-24
As South Africans endure their deepest economic crisis since 2009, it’s not just President Jacob Zuma they blame. There’s a family whose name is increasingly the target of protest: the Guptas.


New finmin squashes SAA chairman’s crony enrichment scheme
www.biznews.com - 2015-12-22
Treasury’s statement says Nene was right all along. Myeni’s desire to inject tiny finance house Quartile Capital into the transaction was wrong – Quartile did not have the resources to fulfill its proposed obligations so SAA would end up carrying th


California’s self-driving car regulations put a dent in Google’s dreams
www.biznews.com - 2015-12-22
California motor vehicle department officials on Wednesday proposed self-driving car regulations that included mandating that a person could take the wheel if needed.


Another giant step in Elon Musk’s dream – SpaceX rocket returns safely home
www.biznews.com - 2015-12-22
Space Exploration Technologies Corp. pulled off the soft, vertical touchdown minutes after the two-stage rocket propelled its payload of 11 Orbcomm Inc. satellites aloft. It was the company’s first flight since a fiery blast destroyed ...


Trevor Manuel responds to Lindiwe Zulu
city-press.news24.com - 2015-12-20
Please help us by explaining how we might repair the trust, the legitimacy and, if you must, the obedience of the governed. In my limited view, it is possible for autocrats to rule, but not for democrats to govern without the vital ingredient of trust.


We’ll occupy Absa offices, warns Malema
www.iol.co.za - 2015-12-16
EFF leader Julius Malema said business, starting with Absa, must prepare for the occupation of their premises next year as the party moved to force the hand of employers to empower their workers instead of individual black economic empowerment (BEE) ...


Nene firing aftershock – Barclays UK wants to sell R73bn SA subsidiary Absa
www.biznews.com - 2015-12-16
Thirty years ago, in the immediate aftermath of PW Botha’s “Rubicon” speech, Chase Manhattan Bank chairman Willard C Butcher was the first to drive a nail into Apartheid South Africa’s coffin


Once militant, now millionaire. Next up: South Africa President?
www.moneyweb.co.za - 2015-12-09
Cyril Ramaphosa is the only serving politician in SA who’s led both a labor union and a business empire.


We want to destroy the ANC arrogance
news.iafrica.com - 2015-11-26
Economic Freedom Fighters leader Julius Malema said that his party would never agree to be in a coalition government with President Jacob Zuma's African National Congress


Andrew Kenny: Climate change, proxy for Capitalism attacks. Fears unfounded.
www.biznews.com - 2015-11-24
“Our planet faces many environmental threats, such as over-fishing in our oceans and the devastation of wild animals in Africa. But man-made climate change is no threat at all,” writes engineer and energy expert Andrew Kenny


Masters of the Finance Universe Are Worried About China
www.bloomberg.com - 2015-11-22
His comments follow similar forecasts from some of the biggest hedge fund managers, including Crispin Odey, founder of the $12 billion Odey Asset Management, who predicts China will devalue the yuan by at least 30 percent.


Party Politics: Dlamini-Zuma edges Ramaphosa as Jacob’s successor
www.biznews.com - 2015-11-22
But then again this is politics and there have been murmurs that Zuma’s ex-wife Nkosazana Dlamini is also up for the fight. Given the report below, she has apparently edged Ramaphosa as the new frontrunner, with the president apparently favouring her


Miracle or madness: will anti-cholesterol vaccine protect you from heart attack?
www.biznews.com - 2015-11-13
US scientists believe they are on the brink of developing a vaccine “against cholesterol”. At least that is how a UK Daily Telegraph report hailed a study by University of New Mexico and the National Institutes of Health researchers published in the j


HPCSA crisis could hold win for Tim Noakes
www.biznews.com - 2015-11-13
So, Health Minister Aaron Motsoaledi has issued a damning report on the state of the Health Professions Council of South Africa (HPCSA), effectively heralding its death knell.


Investing in shares is a simple business – only two actions required
www.biznews.com - 2015-11-13
He provided some canny insights during the Momentum Investment Summit this week. Investing is really quite simple, Clayton says. It boils down to just two actions – correctly valuing a company; and only buying into the business below that valuation.


Africa seen as the next China, vehicle manufacturers take note
www.biznews.com - 2015-11-13
A new IHS Automotive analysis of future automotive demand in Africa suggests significant growth opportunities on the continent that the industry considers the “Final Automotive Frontier.” With one of the world´s fastest- growing middle classes, Afric


A Wal-Mart Heir Is $27 Billion Poorer Than Everyone Thought
www.bloomberg.com - 2015-11-07
Ever since Wal-Mart heir John T. Walton died 10 years ago in a plane crash, it’s been widely assumed that he passed the bulk of his vast estate to his widow, Christy. Turns out that was very wrong.


Magnus Heystek - SA on road to bankruptcy - gradually then suddenly
www.biznews.com - 2015-11-07
We are in the slowly at first phase of going bankrupt as a country. But at a later stage, not too far away, will we reach the ‘suddenly’ part of running out of cash. Some would say we’ve already reached that point.


Bank of England concerns over buy-to-let boom
www.bbc.com - 2015-09-26
Buy-to-let mortgage lending had the potential to "amplify" a housing boom and bust, the Bank's Financial Stability Committee (FPC) concluded. Lending in this sector has risen by 40% since 2008, the FPC said.


The Stock Market Hasn't Had a Selloff Like This One in Over 75 Years
www.bloomberg.com - 2015-08-26
By one metric, investors would have to go back 75 years to find the last time the S&P 500's losses were this abrupt.


COVER: Storm warning for investors
finweek.com - 2015-08-19
The JSE All Share Index (Alsi) is up 248% in the last 10 years. That’s a growth of 13.25% a year, more than double the average inflation rate for the period.


Deeper in debt despite admin orders
www.iol.co.za - 2015-08-19
Credit providers are giving credit to consumers who are already so indebted that they are under debt administration. And this is happening on the administrator’s watch.


Give Greece a chance
www.iol.co.za - 2015-08-19
German Finance Minister Wolfgang Schaeuble urged lawmakers to back a third bailout for Greece in a vote on Wednesday, saying while there were no guarantees of success, it would be irresponsible not to give Greeks the chance for a new start.


China's Devaluation Becomes Japan's Problem
www.bloombergview.com - 2015-08-14
Among the clearest casualties of China's devaluation is the Bank of Japan. The chances were never high that Governor Haruhiko Kuroda was going to be able to unwind his institution's aggressive monetary experiment anytime soon. But the odds are now lower t


A worrying financial paradox
www.moneyweb.co.za - 2015-08-14
Why is it so much easier to get a loan than to make an investment?


Asset swaps not as safe as you think
www.moneyweb.co.za - 2015-04-21
There are only two types of ex-Rhodesians in the world. Those who took all their money out of the country and those who wished that they did.


The U.N.’s War on Israel
www.nytimes.com - 2015-04-20
The United Nations is celebrating its 70th anniversary this year. It was intended to be a temple of peace, but this once great global body has been overrun by the repressive regimes that violate human rights and undermine international security.


YELLEN: Just because we're not using the word 'patient' doesn't mean we're going to be impatient
www.businessinsider.com - 2015-04-01
During the press conference, Yellen said that "just because we removed the word 'patient' doesn't mean we're going to be impatient."


You Say Debt Relief, I Say Theft
www.bloombergview.com - 2015-02-21
Nation-states have confiscatory powers that allow them to do to their creditors what medieval kings did to their Jews. It's a big mistake to pretend that a country like Greece is more vulnerable than it really is.


COVER: Taxes – What does Nene have in store for us?
finweek.com - 2015-02-19
For the first time in 20 years, South Africans are likely to face personal tax increases as government struggles to balance its books.


Anglo aims to shrink workforce by 60,000
www.bdlive.co.za - 2015-01-28
Anglo will know by the end of March next year whether it will list or sell its Rustenburg and Union platinum mines as it focuses on low-cost, high-margin, mechanised assets, removing about 20,000 employees from its books at a stroke.


EU Hunts Formula to Keep Greece in Euro Zone
www.bloomberg.com - 2015-01-28
European finance ministers started work on reviving Greece’s troubled rescue program after Prime Minister Alexis Tsipras took office promising to end austerity.


MONEY: Who needs a trust?
finweek.com - 2015-01-28
We often hear of trusts being spoken about in the financial world and the importance of having one. But when is it necessary to consider a trust and who should set one up?


Asia's Richest Man Has Seen the Future and It's in Europe
www.bloomberg.com - 2015-01-25
When a great investor speaks, it’s best to keep an eye on the direction of his feet as well as his mouth.


A Five-Year Global Financial Forecast: Tsunami Warning
www.mauldineconomics.com - 2015-01-12
It is the time of the year for forecasts; but rather than do an annual forecast, which is as much a guessing game as anything else


The death of the rainbow nation
www.moneyweb.co.za - 2014-12-20
Asset swaps not as safe as you think And don’t for a moment think that your rand-hedge investments will protect you when the collapse in the rand really gets going


Apple market value hits R7.7 trillion
www.iol.co.za - 2014-11-26
A rise in Apple shares Tuesday pushed the market value of the trend-setting US tech icon above $700 billion (R7.7 trillion), becoming the first company to hit that milestone.


Billionaire Rupert lashes out at SA's government
www.moneyweb.co.za - 2014-11-26
Johann Rupert (pictured), the billionaire chairman of Cie. Financiere Richemont SA and Remgro, berated South Africa’s government for failing to address corruption and power shortages.


EDITORIAL: White-collar workers dominate
www.financialmail.co.za - 2014-11-17
COSATU’S decision to expel its largest union, Numsa, constitutes one of those bizarre events that is of epochal significance but also inevitable


DA, EFF disrupt Parliament
www.bdlive.co.za - 2014-11-13
MEMBERS of Parliament chanted "go go go" during a tumultuous session in the National Assembly on Thursday.


Oil below $80 for first time since 2010
www.iol.co.za - 2014-11-13
Oil fell below $80 (R895) a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China's resource-hungry economy chimed with OPEC warning of a substantial drop in demand next year.


Microsoft fixes 19-year-old Windows bug
www.fin24.com - 2014-11-13
Microsoft issued patches on Tuesday to fix a bug in its Windows operating system that remained undiscovered for 19 years.


Forex Investors May Face $1 Billion Loss as Trade Site Vanishes
www.bloomberg.com - 2014-11-13
The next day, the website went offline. It never returned. Neither did the Mandals’ investment. As far as he knows, their entire $60,000 has disappeared forever.


Bankrupting the Next Generation
www.thefinancialist.com - 2014-11-10
It’s a simple fact: Most countries in the Western world don’t take in nearly as much money as they spend. And so they borrow. By the billions. Make that trillions


15c between sense and insanity
www.iol.co.za - 2014-11-08
It figures – a fuel levy could pay for e-toll project and fix all roads, writes Brendan Seery.


Wise advisers will challenge your view of money
www.iol.co.za - 2014-11-04
When you visit a financial planner to discuss your finances, are you sure that your discussion begins in the right place? It’s up to you, the client, to make sure it does.


While You Were Getting Worked Up Over Oil Prices, This Just Happened to Solar
www.bloomberg.com - 2014-10-29
Every time fossil fuels get cheaper, people lose interest in solar deployment. That may be about to change.


UK rejects ‘appalling’ EU demand for more money
www.bdlive.co.za - 2014-10-25
British Prime Minister David Cameron insisted on Friday he would not pay a European Union (EU) bill for an additional €2.1bn contribution to the EU coffers


ECB's Draghi issues crisis warning
www.iol.co.za - 2014-10-25
France and Italy renewed their commitment to reform their economies on Friday in the hope of winning more time to bring their public finances


USD Dollar, Aussie and Gold: Long-term Correlations Remain Intact
www.fxtradermagazine.com - 2014-10-25
Although the Global Currency Market was very quiet for the previous seven months, there are some significant, technical, medium-term developments to be aware of over the next six months as the forecast bullish long-term outlook for the U.S. Dollar resumes


SA economy at 'turning point' - Nene
business.iafrica.com - 2014-10-21
South Africa's economy is at a "turning point" and the government must cap spending and raise taxes to tackle its soaring deficit in the face of stalling growth, the finance minister said Wednesday


Why deflation is so scary
finance.yahoo.com - 2014-10-20
The paradox of deflation is that falling prices on a few items can generally be good for consumers, leaving more money in their pockets for other things


Are Cambist's contracts genuine?
www.moneyweb.co.za - 2014-10-20
It should be a fairly simple principle: when you buy something, you are entitled to know everything about what you are buying


Resources to the rescue on the JSE
www.fin24.com - 2014-10-13
Resources stocks on the JSE came back strongly on Monday morning, pushing the rest of the market higher.


U.S. Economy Set to Shrug Off Wall Street Growth Worries
www.bloomberg.com - 2014-10-13
The U.S. economy looks better able to withstand the hit from a stronger dollar and weaker global growth than the stock market did last week.


U.S. Stocks Fall as S&P 500 Falls Below 200-Day Average
www.bloomberg.com - 2014-10-13
U.S. stocks fell, extending the biggest weekly drop in two years, and pushing the Standard & Poor’s 500 Index below its 200-day average as consumer shares and commodity producers led losses.


Hold on China, U.S. Still World’s Top Economy
www.bloomberg.com - 2014-10-09
China’s gross domestic product will climb to $17.6 trillion this year, while the U.S. grows to $17.4 trillion, IMF projections showed yesterday. One major caveat: the comparison is based on purchasing power parity


Rand holds near 3-week highs on Fed relief
www.fin24.com - 2014-10-09
The market interpreted minutes released on Wednesday night of the Fed's last meeting as indicative of continued accommodative monetary policy, suggesting high-yielding emerging market assets would still be in demand for investors.


Inflation a bigger risk than volatility
www.iol.co.za - 2014-09-19
Inflation and volatility are the biggest threats facing people saving for retirement, Hassan Motala, a senior analyst at Oasis, says


FPI empowers over 2 000 South Africans through its free financial planning sessions
views.itinews.co.za - 2014-09-19
The Financial Planning Institute of Southern Africa (FPI) recently facilitated free financial planning sessions, to more than 2 200 South African’s during its annual Financial Planning Week.


US interest rate cycle close to turning – should propel USD higher
mahifx.com - 2014-09-19
In the dry world of monetary policy something very significant is happening – the US interest cycle looks close to turning and when it does it will be a historic event which could further realign forex levels.


Fragile five look fragile again
www.moneyweb.co.za - 2014-08-15
The fragile five emerging-market currencies are looking fragile again after a six-month reprieve.


The fourth warrior tool: paying off debt
www.moneyweb.co.za - 2014-08-15
Throughout South Africa, households are struggling with heavy debt burdens. For many people, a large part of their income just goes towards paying back what they owe on credit cards, store credit and personal loans.


Fitch downgrades SA fund
www.moneyweb.co.za - 2014-08-15
As a result of the SARB’s rescue, holders of senior and wholesale debt instruments issued by African Bank have had their holdings written down to 90% of face value while subordinated instruments have been written down to zero.


Robert Samuelson: Economic power shifting in China’s favor
m.washingtonpost.com - 2014-06-27
It’s probable that the U.S. economy is no longer the world’s largest. New World Bank figures, notes economist Arvind Subramanian of the Peterson Institute, suggest that sometime in 2014 China will overtake the United States in gross domestic product


Keeping your RA compliant
business.iafrica.com - 2014-06-24
Many investors may have pre-Regulation 28 Retirement Annuities (RA) and would like to increase their savings but don’t want to make any changes as they will have to rebalance their RAs and will then lose their pre-Reg 28 asset allocation.


The 4% rule and your retirement
business.iafrica.com - 2014-06-24
Most people would retire early if they were given the opportunity to do so, however, the latest statistics by the National Treasury indicate that only 10% of South Africans are able to retire without financial assistance.


Sibanye Gold expresses interest in platinum mines
www.enca.com - 2014-06-21
He said it was premature to say which assets the company was interested in and what value they would contribute to Sibanye.


How To Play Argentina’s Supreme Court Setback
www.traderplanet.com - 2014-06-21
You could write a morality play about Argentina’s debt woes. A vengeful market has never forgiven the country’s original sin of debt default in 2002.


Poll: 30% chance of SA recession
www.iol.co.za - 2014-06-18
South Africa should dodge a recession this quarter as the mining strike that derailed the economy during the first months of the year came close to a resolution, a poll found yesterday.


South Africa’s Current-Account Gap Narrows While Inflation Soars
www.businessweek.com - 2014-06-18
South Africa’s current-account deficit unexpectedly narrowed in the first quarter while inflation surged to the highest in almost five years


SA’s top financial services product suppliers crowned at the 2014 FIA Awards celebrations
views.itinews.co.za - 2014-06-14
We should not lose sight of the role that valuable and reputable advice plays


How to set up an investment club
www.iol.co.za - 2014-06-14
The best, and for many, the only way to become involved in an investment club is to start your own. That way, you get to choose the company you keep and there is a greater chance of harmony.


Amcu accepts wage offer ‘in principle’
www.iol.co.za - 2014-06-14
Amcu has accepted a new wage offer from platinum miners in principle, but outstanding issues remain, the union said on Friday


Treasury stands firm despite ratings hit
www.fin24.com - 2014-06-14
National Treasury said on Friday it was committed to the fiscal path stated in the budget, after Fitch ratings agency changed the country's outlook to negative from stable.


Permanent employment in outright decline
www.fin24.com - 2014-06-14
"It will only grow sufficiently to reintegrate informal sector workers into the formal sector when economic growth rises above 8% per annum


FSB CFO resigns over corruption
www.fin24.com - 2014-06-14
The Financial Services Board (FSB) announced on Friday in a statement that chief financial officer Dawood Seedat resigned with immediate effect.


How to spot a stock market top
finweek.com - 2014-06-02
But sometimes when the market surges under your nose and you’ve missed the boat, there is a tendency to enter at the wrong time


The best ways to accumulate wealth
www.moneyweb.co.za - 2014-06-02
Your ability to spend less than you earn, and therefore accumulate more wealth, is largely determined by where you live


Rand appetite reaching limit
www.moneyweb.co.za - 2014-06-02
South Africa’s rand is poised to reverse a four-month rally, trading patterns suggest, and slide back toward its lowest level since 2008.


Beskerm jou bates teen die staat
www.rapport.co.za - 2014-06-02
Onlangse ontwikkelinge in SA dui reeds daarop dat die staat ten doel het om private eiendomsreg ernstig te ondermyn.


Huismark behou sy momentum
www.rapport.co.za - 2014-05-29
Die huismark gaan sy mojo hou selfs as rentekoerse styg – dít danksy banke wat makliker uitleen, ’n ingehoue vraag en ’n tekort aan voorraad, sê kenners.


That won't happen to me
views.itinews.co.za - 2014-05-30
While you may hope that the worst won’t happen to you, relying on hope to protect your financial security is risky.


South Africa needs structural transformation - IMF
www.moneyweb.co.za - 2014-05-29
He said that in countries where mining was discontinued, there was often a “return to poverty” and this should be avoided.


US Q1 GDP contracts, for the first time in three years
www.moneyweb.co.za - 2014-05-29
The U.S. economy contracted in the first quarter for the first time in three years as it buckled under the weight of a severe winter, but there are signs activity has since rebounded.


Young earners must double savings
www.iol.co.za - 2014-05-29
Thirty-something members of defined contribution retirement funds are, on average, currently due to receive a pension of only 39 percent of their income at retirement.


Here’s the real reason gold is falling
www.marketwatch.com - 2014-05-28
It would not be surprising for gold’s next sustainable rally to start when the HGNSI falls to at least December’s low.


SA growth slumps in the first quarter
finweek.com - 2014-05-28
Data from StatsSA showed that the economy contracted in the first quarter, with quarter-on-quarter real gross domestic product (GDP) falling 0.6%


Arbeid: Buig die reëls totdat dit breek
www.rapport.co.za - 2014-05-28
In die bedingingsraadstelsel word werkgewers se jarelange versoek om ’n tweeledige arbeidsmark, wat eintlik laer lone beteken, toenemend deel van die hoofstroom.


Google plans fleet of driverless cars — with no steering wheel or brakes
blogs.marketwatch.com - 2014-05-28
One thing you won’t find is a steering wheel. Nor does it have mirrors, an accelerator pad or brake pedal, with software and sensors doing all the work