Peter the cockroach killer

The Principal of the University of Natal during much of the 1960s, Professor Owen Horwood, and I had a less than cordial relationship and we had several run-ins. (For background, Horwood later joined the National Party (apartheid) Government as the Minister of Finance. He was married to Rhodesian Prime Minister Ian Smith's sister. Quite a …

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Next week’s budget – between a rock and a hard place

When it comes to the budget next week, newly elected President Cyril Ramaphosa, and his promise of renewal,  finds himself between a rock and a hard place.  The government needs a budget to be passed timeously. But the budget before parliament will essentially be a Zuma Corruption budget. How can he or the ANC defend or …

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Another R20 Billion to Eskom? The answer should be hell no!

The new Eskom team is reported to be begging local banks to lend it another R20 billion to help it keep going. If I was a bank I would say “hell no, not until you publish your interim financial results, show me a believable survival plan, and get the new board members to personally underwrite the …

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