Monthly Archives: February 2025

Unprepared and unplanned: Ramaphosa is the real villain of Budget debacle

Imagine a democratic country where members of the governing party called each other "Comrade"; where its Cabinet members were split between democratic centrists and socialist ideologues. Its high-spending government presided over a low-growth, high-unemployment economy, and it faced headwinds from being over-borrowed in a weakening currency and from external foreign shocks over which it had [...]

Budget battles and the bond market: The true cost of political posturing

"Talk is cheap, money buys the whiskey" is a true and informed adage. And this does not refer to the rise in "sin taxes" on booze likely to be introduced on Wednesday afternoon when Finance Minister Enoch Godongwana unveils his budget in Parliament. Instead, it applies to the cheap talk from various politicians. SA "will not [...]

ANC’s foreign policy stance resulted in the current crisis with the US

Eminent American historian Timothy Snyder wrote in the introduction to his short book On Tyranny, "History does not repeat itself but it does instruct." The subtitle of his work, Twenty Lessons from the Twentieth Century, is helpful in navigating the current crisis which has engulfed SA-US relations, now at their worst point since 1986. In I986, the [...]

SA’s regional supremacy, once unquestioned, is dented – perhaps irreparably

"Trump derangement syndrome" is a political condition whose etymology is traced to the late conservative commentator and psychiatrist Charles Krauthammer. He defined it, first in respect of another Republican president, George W. Bush, as "the acute onset of paranoia in otherwise normal people in reaction to the policies, the presidency - nay – the very [...]

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