Minorities are being discriminated against - Solidarity

Posted 06 May 2014

Solidarity LogoTrade union Solidarity says minorities in South Africa suffer unfair discrimination in employment. A case in point is the Western Cape, where coloureds are in the majority, yet they qualify for less than 10% of jobs due to the application of national demographic quotas, as was pointed out in a recent court case brought by Solidarity.   

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The vampire bank

Posted 28 April 2014

For a disturbing insight into modern banking ethics, look no further than the case of Royal Bank of Scotland and its "business turnaround" division called Global Restructuring Group. South African banking customers would be well advised to pay attention to this case.

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Are crime syndicates operating out of our courts?

Posted 24 April 2014

Are crime syndicates operating out of our courts? The Auction Alliance scandal appears to be just the tip of the iceberg. There is mounting evidence of corrupt syndicates operating out of our courts, bankrupting solvent businesses for personal financial gain, and undermining the judiciary and the Constitution. 

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Social Security Agency to re-run R10 billion tender after corruption claims

Posted 22 April 2014

Corruption Watch has called for the police to investigate the R10 billion tender granted to Cash Paymaster Services in 2012 after a losing bidder claimed the tender process was flawed. The Constitutional Court agreed, prompting the SA Social Security Agency to re-run its tender.  

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Competition Commission raids firms suspected of collusive conduct

Posted 15 April 2014

The Competition Commission recently launched dawn raids on two firms suspected of collusive conduct. This proactive trend is likely to continue, according to an areticle by legal firm Norton Rose.

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Zuma's days are numbered if ANC fails to win 60% of vote

Posted 10 April 2014

President Zuma's days are numbered if the ANC fails to win 60% of the popular vote in the upcoming elections. Opinion polls show the ruling party is doing better than it was six months ago, when it looked like they would win just 56% of the vote.

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Regulation of financial markets is counter-productive

Posted 09 April 2014

High Frequency Trading (HTF) is blamed for market crashes and has invited the attention of regulators who are programmed to strangle anything that moves. While Wall Street-bashing has become popular and - in some cases - deservedly so, there is a positive side to HTF argues Leon Louw. 

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A 12 point plan for a better South Arica

Posted 06 April 2014

The SA Institute for Race Relations recently published a 12 point plan for a better SA. It was accused of casting pearls before swine. Maybe. But the same was said of its policy advices to the apartheid government, which eventually implemented most of the Institute's recommendations.

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Criminal records for traffic offenders

Posted 02 April 2014

A 37 year-old apartheid law has quietly crept back in Durban, as Metro police are attempting to criminalise traffic offenders. The problem is the Pietermaritzburg court has already labelled such attempts at criminalisation "fatally defective."

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R1 million offered for fraud information in Durban court case

Posted 31 March 2014

A R1 million reward is being offered by a judicial rights group for information relating to the alleged forgery of a signature on a liquidation order that resulted in Durban businessman Ian Brakspear losing his business in 2008. The reward has apparently set the Durban High Court alight with intrigue.

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Crimea is now part of Russia - get over it

Posted 26 March 2014

Simon Jenkins argues that the West was inept in its attempt to rope Ukraine into its orbit, and is now facing the consequences of its actions. For Russian President Putin, there is no going back. Crimea will from here on form part of Russia.

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ConCourt dismisses challenge against Organised Crime Act

Posted 23 March 2014

What is a "pattern of racketeering" as defined in the Prevention of Organised Crime Act? That was what the Constitutional Court deliberated on recently in a case dubbed the "Amigos" trial. The Court dismissed the case which, incidentally, means racketeering charges against Julius Malema still stand.

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Zuma faces impeachment threat by MPs

Posted 17 March 2014

Opposition MPs have threatened to launch impeachment proceedings against President Zuma should the Public Protectors report reveal misuse of public funds over the R230 million spent on the president's palace at Nkandla.

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Investment Bill is an invitation to expropriation without compensation

Posted 12 March 2014

Any South African who owns a car, a house or a unit trust is at risk of having these assets expropriated without compensation should the Investment Bill make its way into law. 

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Disgraced politicians on ANC election list

Posted 12 March 2014

At least five candidates appearing on the ANC election list left office under a cloud, face criminal charges or have been accused of maladministration. 

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South Africans lose faith in politics

Posted 09 March 2014

All political parties in South Africa should be worried over the findings of a recent survey that nearly half the country is disillusioned with politics and a quarter had no intention of voting in the up-coming elections.

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While Ukraine explodes, China quietly takes over Zimbabwe

Posted 02 March 2014

While Ukraine and Russia are on a war footing, China is busy doing what it does best - quietly take over another country without spilling a drop of blood, according to Tyler Durden at Zero Hedge. This time it is Zimbabwe.

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Infrastructure spending to reach R847bn over next three years

Posted 26 February 2014

Budget update: government plans to spend R847bn over the next three years on public infrastructure, with signature projects such as Medupi power station, Transnet and Metrorail upgrades and a nearly 50% increase in social projects over the next two years. 

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Gordhan delivers pre-election budget that appeals to the poor

Posted 26 February 2014

Finance minister Pravin Gordhan delivered a pre-election budget today that talked up the ANC's achivements over the last five years and appealed to the poor and the disaffected. 

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Banks are becoming obsolete - here's how

Posted 23 February 2014

Technology has leapfrogged the banking sector, rendering it as obsolete as the buggy whip. So why are we handing over 9% of the economy to an obsolete parasite, asks Charles Hugh Smith.

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Irish farmer jailed for forcing repo men to strip naked and join the pigs

Posted 14 February 2014

An Irish farmer has been jailed for forcing two repossession men to strip naked and step into a pen with an agitated boar. They pleaded to be let go, but the farmer made them get down on their knees and recite the "Our Father" first. We think the 12 month sentence is outrageous.

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I was liquidated over a fictitious R7 million loan, says Durban businessman

Posted 13 February 2014

In what must rank as one of the most bizarre legal cases in recent times, Durban businessman Ian Brakspear had his business liquidated in 2009 over a R7 million loan he says he neither asked for nor received. Ciaran Ryan investigates and finds forged signatures, missing files and more.

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ANC has succeeded in selling its racial agenda - SAIRR

Posted 13 February 2014

As we approach 20 years of ANC rule, expect to hear eulogies on how much better off the country is. But the real success of the ANC has been its ability to sell the country on advancing its racial agenda.

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Is litigation funding the way of the future?

Posted 11 February 2014

Litigation funding - where an outside party provides funding for a share of the litigation proceeds - may be an interesting way for cash-strapped South Africans to access the court system. But there are potential pitfalls that must be observed, according to an article by Werksmans. 

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SA urgently needs a credible, non-racial alternative to the ANC

Posted 07 February 2014

William Gumede argues in The Guardian that SA needs a credible, non-racial alternative to the ANC. This is especially so following the instant divorce between Agang SA and the Democratic Alliance.

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