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 …

“State Capture” – Myth or Reality?

By BO Staff Writer What is “State Capture?” There is an assumption that we all know what these words mean. We all repeat these words and the media uses them as short hand to refer to the controversial relationship between the State President, Preasident Jacob Zuma, and the Gupta family. It has come to pass that, “State …

Big questions around the Guptas resigning from Oakbay Resources and Energy

By Pinky Khoabane There’s perhaps no clearer example of capitalists’ use of economic power to muzzle opponents than the decisions by financial institutions and an auditing firm to cut ties with investment company, Oakbay Resources and Energy which, until last friday was owned by the Gupta family. In the past week, ABSA, FNB and KPMG …