Whitey Basson’s dirty R1.8 billion

By BO Staff Writer This story was previously published on 1 May 2017 in the white owned  Financial Mail under the vile and misleading heading, “WHITEY’S R1.8BN SHOPRITE WINDFALL”. The truth is that the staggering corruption can’t be hidden. Imagine what bile would have been written if it was Eskom CEO Brian Molefe who continues to …

How Cyril Ramaphosa stole from Sam Molope

By Phapano Phasha The story of Sam Molope remains one of the most barbaric stories of post-1994 Black Empowerment deals gone wrong, where a school dropout from Garankuwa became a self made millionaire. He was the first Black man to own a bakery in 1978, if not one of the first Black multi-millionaires who had …

Black First Land First and the Gupta Myth

By Ncamisile Sibiya There is a perception, that the organisation: Black First Land First (BLF), is organised around promoting the political, social and economic aspirations of the Gupta family of Sahara Estate, Saxonwold. This analysis of BLF is primarily based on BLF’s defense of the Gupta family: as it is being scapegoated as the representative …

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 …

Did Malusi Gigaba silence Prof Chris Malikane?

By BO Staff Writer The newly appointed Minister of Finance Malusi Gigaba is said to have finally gagged the outspoken radical economist, Professor Chris Malikane. Sources close to the minister say Gigaba has been worried about the public utterances of the Wits School of Economic and Business Sciences professor whom he hired as his advisor …

Yunus Carrim allowed JSE to lie about black ownership

By BO Staff Writer Why did African National Congress Member of Parliament (ANC MP) and Chairperson of the Standing Committee on Finance, Yunus Carrim, allow the Johannesburg Stock Exchange (JSE) to lie to parliament about black ownership? This is the question many ask after the joint sitting of the finance and trade and industry portfolios …