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 …

Why Trevor Manuel is Defending Johann Rupert

By Andile Mngxitama The former Minister of Finance Trevor Manuel has come out guns blazing against Black First Land First (BLF) for opening a criminal case against Johann Rupert. Manuel said the BLF case is “irrational” and even went further to say there is nothing of “substance” from the black consciousness organization. What angered Manuel …

Letter to Gordhan from Jeff Koorbanally

By Jeff Koorbanally Dear Hon Pravin Gordhan Herewith, is my final bomb! I wish to drop on you, as the most dubious Finance Minister with conflict of interest. Let it be known to the public of this country that: May 2011, your “Spiderweb Handler” Maria Ramos (ABSA/Barclays CEO) was in a total panic after I …

“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 …