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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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Pravin Gordhan's campaign to undo rotten deals and save state-owned companies

The bad news is that capture of state-owned companies (SOCs) has cost the taxpayer billions of rands, which have been siphoned off into the pockets of crooks and corrupt officials. The good news is that Public Enterprises Minister Pravin Gordhan is back on the job and is cleaning out the boards of these companies to make sure the culture of graft is deracinated. Daily Maverick looks at the latest developments.

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EFF wants a state-owned bank to counter the predatory practices of the Big 4

The EFF has shown itself a force for progressive change in SA, recently tabling a bill which would allow for the creation of a state-owned bank. In this article on Daily Maverick, deputy head of the EFF, Floyd Shivambu, explains how the existing Big 4 banks - Absa, Standard, Nedbank and FNB - continue their predatory practices against South Africans. This article shows a deep understanding of the extent to which banks are retarding the economic development of the country.

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How SA should tackle the redistribution of land in urban areas

In this interview, co-author of “Securing Land Tenure in Urban and Rural South Africa”, argues that talk of land expropriation without compensation is premature, as this is already catered for in the Housing Act. Rather make use of existing laws to accommodate the unhoused before taking the radical step of amending the Constitution to allow expropriation without compensation.

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