Whites dominate top management positions in companies – Employment Equity report

By BO Staff Writer Today, Labour Minister Mildred Oliphant‚ presented the 17th Employment Equity report in Pretoria where she said she is considering harsher consequences for companies which are slow to transform. The Employment Equity report shows a glaring truth – that white people own, manage and control the South African economy. “Black people‚ women …

READ: BLF’s FULL submission to the Parliamentary Standing Committee on Finance

By BO Staff Writer Today, the Black First Land First (BLF) movement submitted it’s contribution to the Parliamentary Standing Committee on Finance. In it’s submission the movement highlighted its ideas on the transformation of the financial sector and how to it wishes to “end white monopoly capital to ensure economic liberation of all.” The session …

Pravin Gordhan loots Special Pension Fund of R11 million – he must go!

By BO Staff Writer The Head of Treasury and Minister of Finance, Pravin Gordhan, has been looting the Military Veterans Special Pension Fund between 2009 and 2014. Gordhan is the current Minister of Finance. He was also the Minister of Cooperative Governance and Traditional Affairs, serving from 2014–2015. He previously also held the Minister of Finance …

Flawed Mandate: How the SA Reserve Bank increases poverty, unemployment and inequality

By Buddy Wells This article was originally written in 2015, updated in 2016, and we are republishing it now, in 2017 due to the centrality of the South African Reserve Bank in current national politics. Understanding the role of the Reserve Bank, as outlined below, is thus of utmost importance. This article was originally published …