BLF applauds Oakbay’s pledge to support Fees Must Fall process

By BO Staff Writer Black Opinion is reissuing the following article which was previously published on the BLF website earlier this morning: It’s now common cause that the former Minister of Finance, Pravin Gordhan, has lost his court application against Oakbay Investments (Pty) Ltd (Oakbay) which is a holding company of the Gupta owned businesses …

Looking Beyond Pravin Gordhan

By Andile Mngxitama All indications are that the Minister of Finance, Mr Pravin Gordhan, shall be recalled within days. It’s no longer a matter of if, but a matter of when. This presents the nation and those who seek a move from the colonial structure of the economy into a more pro-black economic dispensation, with …

PICTURES: BLF march to the Reserve Bank

By BO Staff Writer On Friday, the Black First Land First (BLF) movement marched to the South African Reserve Bank (SARB) to demand that the institution act on the Public Protector’s preliminary report which found that ABSA illegally benefited from apartheid cash injections from the SARB. BLF joined the ANC Youth League (ANCYL) recently in …

Competition Commission says 17 banks must be prosecuted for collusion

By BO Staff Writer Yesterday, the Competition Commission issued a statement which corroborated what many have been saying for a long time – the banks are corrupt! Seventeen banks – three South African, ABSA, Standard Bank and Investec – have been implicated and are up for prosecution, in a collusion case involving “price fixing and …

State capture, BRICS & ABSA 

By BO Staff Writer Notes on the lecture delivered by Andile Mngxitama on the above topic at a meeting hosted by the African National Congress Youth League (ANCYL) at Zone 13 in Alexandra on 2 February 2017 State capture State capture took place via land theft by the white settlers who arrived in this country …