What has happened to Boer racism?

Posted 22 October 2014

Afrikaner racism is disappearing, argues Leon Louw of the Free Market Foundation. This is contrary to the perceived state of the Afrikaner rural community. In It's place is a community committed to transformation and maintaining its rightful place in post-apartheid South Africa.

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Changes to retirement tax likely to be delayed

Posted 20 October 2014

Expected amendments to tax on retirement savings due to come into effect in March next year are likely to be delayed, possibly by a year. The retirement industry is less than happy with the delays, which are reportedly caused by trade union concerns over social security, according to Personal Finance.

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How one man's life was ruined after asking uncomfortable questions of FNB

Posted 17 October 2014

Durban-based Nav Chan started questioning FNB's eBucks rewards calculations. Weeks later his accounts were cancelled and he found himself listed on a secretive banking database operated by SA Fraud Prevention Services. Suddenly, his business started to take a dive.  

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Races cannot be classified, Solidarity tells court

Posted 15 October 2014

The liquidations business is pretty much a white-dominated affair, but that may change as a result of a new Department of Justice policy that will appoint trustees based on race and gender. That represents a huge loss of income for the incumbents, who are now challenging this policy, with the help of trade union Solidarity.

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E-tolls' days are numbered

Posted 13 October 2014

The ANC in Gauteng, with one eye on the electoral hammering it is likely to suffer by backing e-tolls, has broken with the national ANC. Meanwhile the Opposition to Urban Tolling Alliance (OUTA) says a growing number of Gauteng drivers are "de-tagging" themselves. It's safe to say that e-tolls' days are numbered. 

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Car parts manufacturers under scrutiny by Competition Commission

Posted 13 October 2014

The Competition authorities have trained their eyes on 82 car manufacturers who are accused of collusive tendering. This follows a similar investigation into removal companies, according to Business Day.

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Competition Commission to revisit property lease agreements

Posted 07 October 2014

The Competition Commission is to decide whether property lease agreements that give anchor tenants exclusive rights to sell certain items in a shopping centre are anti-competitive. This is after the SA Property Owners Association lodged a complaint with the Commission.

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Africa may soon have its first white president since the fall of apartheid

Posted 07 October 2014

Zambia may soon have a white president in the form of Guy Scott, deputy to the incumbent but ailing Michael Sata. As The Economist reports, Zambians are less churlish about race than their southern neighbours. Scott has won widespread admiration for tackling the banks and other thorny social issues.

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Zimbabwe drifts from Pariah to Piranha state

Posted 05 October 2014

President Robert Mugabe spoke in front of a virtually empty hall at the United Nations last week. This is a far cry from his triumphant address to the UN Assembly in 1980, when Mugabe was seen as a saviour of Africa. Zimbabwe's status as a Pariah state is now confirmed in the eyes of the world.

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Celebrating a decade of FAIS

Posted 05 October 2014

The Financial Advisory and Intermediary Services (FAIS) Act turned a decade old this week. By all accounts, it has fulfilled its promise of greater transparency and fairness in the marketing and sale of financial products.

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Shuttleworth donates R250 million court winnings to help fight court battles against the State

Posted 03 October 2014

The Supreme Court of Appeal has orderered Treasury to repay South Arican billionaire Mark Shuttleworth the R250 million in "levies" it charged him as he attempted to expatriate his funds. This is now headed for the Constitutional Court. 

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Masipa's Pistorius judgment places judicial error in the spotlight

Posted 01 October 2014

Judge Thokozile Masipa has been the subject of ferocious attacks over her culpable homicide verdict in the Oscar Pistorius trial. This has placed the subject of judicial error under the spotlight, writes Trudi Makhaya. 

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Apartheid-era laws are alive and well on our roads

Posted 01 October 2014

It seems the legality of the random Metro police stops on our roads is about to be tested in the courts. Apart from presenting police officers with opportunities for daylight robbery, these roads blocks result in traffic snarl-ups and huge inconvenience to the travelling public.

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E-tolling compared to apartheid as public inquiry concludes

Posted 29 September 2014

Public consultations into the future of e-tolling wrapped up last week with virtually unanimous agreement that the current user-pays system was not working and had to be replaced. Some Gauteng residents compared it to the hated apartheid-era pass book system.

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Can Zuma survive the latest scandal?

Posted 29 September 2014

Questions are now being asked as to whether President Jacob Zuma can survive the latest claims that he and the ANC received bribes from Frnech arms firm Thales in 2000. There are rumblings within the ANC that his presidency is a danger to the party's electoral hopes in 2016.

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To understand your future, study Zimbabwe

Posted 26 September 2014

When Money Destroys Nations is a new book by two Johannesburg-based economists. If you ever had the idea that what happened in Zimbabwe cannot happen here, you owe it to yourself to read this.

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BDS South Africa wins freedom of expression case

Posted 24 September 2014

BDS South Africa recently won a freedom of expression case against the City of Johannesburg and Continental Outdoor Media after its pro-Palestinian billboards were removed without notice, apparently following pressure from the Israel lobby. 

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Discovery's wriggle backfires

Posted 21 September 2014

Insurance giant Discovery was ordered by the High Court in Johannesburg to pay the partner of murdered business tycoon Jeff Wiggill R11,5 million last month. Discovery had argued that Wiggill was involved in unlawful activities and there were suspicions that his murder may have been an assisted suicide.

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Banks resort to grabbing money out of your account as law closes in

Posted 20 September 2014

Banks are resorting to grabbing money out of customers' accounts in settlement of debts but this is soon to become illegal. Here's how to handle the situation, according to Wendy Knowler at Consumer Watch.

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ANC members start to question party's commitment to e-tolls

Posted 20 September 2014

Cracks are starting to appear in the ANC's commitment to e-tolls and the effect these are having on Gauteng's economic growth. There is a growing fear the e-tolls issue will hurt the party's performance in local government elections in 2016, according to the Saturday Star.

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9/11 was the pretext for the warfare/police state - Paul Craig Roberts

Posted 20 September 2014

A new generation of Americans has been born into the 9/11 myth that has been used to create the warfare/police state, writes former President Reagan economic advisor and Wall Street Journal editor Paul Craig Roberts.

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Concourt to rule on eviction of pensioner

Posted 18 September 2014

The Constitutional Court will rule this week on whether a pensioner from the Cape should be given leave to appeal against her eviction, according to Sapa.

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Can Deloitte weasel out of this one?

Posted 12 September 2014

An inquiry into the demise of African Bank is likely to turn some stones and reveal some worms. The last major inquiry into a banking collapse involved Regal, by the same Advocate John Myburgh who has been asked to look into African Bank. His brief is to investigate reckless behaviour, possible fraud and negligence.

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Fraud accusations fly over Nedbank liquidation of guest lodge

Posted 12 September 2014

A Johannesburg guest lodge was liquidated by Nedbank this week despite accusations of fraud and perjury. Why would the bank shut down a lodge over a R62,000 debt when its lawyers fees would be more than this? We decided to take a look.

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Oberholsters attacked again at their home

Posted 05 September 2014

Deon Oberholster - whose wife is fighting her sequestration in the Constitutional Court - was attacked at his home on Wednesday evening by a thug who warned them against pursuing an interdict application to stop the liquidators from coming near their property.

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