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The ugly face of modern banking

A 72 year old man gets a 30 year loan which he cannot repay, so he is forced to sell his house. Bank staff are there to flog you stuff you don't want or need. They hate their jobs, but are given stiff sales target to meet so the bosses can get year-end bonuses that run into the millions. When you default, the bank comes after everything you have. Staff are prevented from talking bad about their employers because of "disparagement clauses" in their employment contracts. Even years after they have left the bank. When, customers are asking, will bank executives get time in jail, in this expose in the wake of the Australian Commission of Inquiry into Banking. You could just as easily cut and paste this story for SA. 

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SA editors launch defamation campaign against now defunct Bell Pottinger in UK

Three prominent South African editors have lodged a defamation claim against AIG Europe, the insurer for now defunct Bell Pottinger, over the fallen UK media relations giant’s role in the so-called “white monopoly capital” media campaign.

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Does SA need 35 ministers, 9 provinces and 263 municipalities?

SA is over-governed. We have 35 ministers, 37 deputy ministers, and 9 provinces each with their own ministers and administrations. Then there are the 263 municipalities, operating another layer of bureaucracy. Perhaps government should set the pace by scaling back on this boondoggle.

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Thank Trump and Bibi for higher oil prices

Oil prices spiked from around $40 to nearly $80 a barrel after US President Donald Trump announced last week he was pulling the US out of the Iran nuclear deal. Bibi Netanhayoo's signature is all over this. 

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