Competition Commission acts on white owned pharmaceutical companies for price fixing relating to cancer treatment prices

By BO Staff Writer The Competition Commission has cracked down on three pharmaceutical companies for price fixing relating to the cancer treatment prices. The Commission has initiated separate investigations against Roche Holding AG (Roche), Pfizer Inc (Pfizer) and Aspen Pharmacare Holdings Ltd (Aspen). Roche is a Swiss-owned company which is the second largest pharmaceutical company …

Whites still control SA

By Phapano Phasha Hendrik Verwoerd was assassinated in 1966. Whilst Prime Minister in 1962, he was quoted in Parliament as saying, “Mr Oppenheimer with all that monetary power and with his powerful machine which is spread all over the whole country he can, if he so chooses, exercise an enormous influence against the government and …

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 …