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The top read articles of the past 7 days.

    Anglo American begins global head office job cuts in SA

    4 Oct 2023 /  Loni Prinsloo and Antony Sguazzin, Bloomberg

    Rand slumps after local PMI data

    2 Oct 2023 /  Tannur Anders, Reuters

    How can I maximise R2.5m while protecting the capital?

    3 Oct 2023 /  Gareth Collier and Michael Haldane

    Mary Vilakazi gets FirstRand top job

    4 Oct 2023 /  Akhona Matshoba

    Rand extends losses

    3 Oct 2023 /  Tannur Anders, Reuters
The latest 15 comments.


6 October 2023 @ 1:02 am

Not to worry, Chinese will help them out with this one, perfect opportunity to accept a few very heavy brown envelopes!


5 October 2023 @ 10:27 pm

“The mother of a trophy wife is not automatically a trophy mother-in-law.” – John Grisham


5 October 2023 @ 10:23 pm

Well, considering the eloquent Pik Botha of the old regime, being a good diplomat requires a steady flow of good whiskey. Duty-free booze for a diplomat is like a diesel rebate for a farmer.


5 October 2023 @ 9:54 pm

Under the ANC government, people like her are redeployed, while in China, they are unceremoniously lined up against a wall and shot. That is why the Chinese GDP per Capita is growing while ours is shrinking.


5 October 2023 @ 9:26 pm

The UIF, like all SOEs, government departments, and ANC municipalities, are under “administration” already!

They have been under administration since 1994. The NDR implies that cadre deployment brings all spheres of public life under the direct control of the central planning Luthuli House.

This means we have to put Luthuli House under “administration”, but who will be able to administrate when a clueless communalist voter has appointed Luthuli House as the ultimate administrator?

The next logical step is to put the voter under “administration”. This is the same conclusion that the Chinese “Communist” party has reached. In order to ensure economic growth and general prosperity, they have to “administer” the democratic expression of the average communalist voter.


5 October 2023 @ 9:09 pm

My understanding is that this applies to Diplomats from other countries who are based at embassies/trade missions located in South Africa. If I remember correctly, it was Diplomats from Lesotho and Malawi who were the main culprits and were expelled.


5 October 2023 @ 6:49 pm

Jip – He had better start designing and printing R1000 and R100 000 bills soon !!!!!!


5 October 2023 @ 6:44 pm

I agree with your sentiments. We need more people like him in positions of power because he uses his power with integrity and he is accountable to the general population as well as to international monetary institutions.

I salute the man. He determines our ability to afford basic necessities in the next decade.

His policies ultimately determine the rand price of toilet paper, or alternatively stated, the value of the rand relative to a sheet of toilet paper.


5 October 2023 @ 6:29 pm

If you are puzzled about why you have to keep replacing your keyboards, its because you wear out the ! key.


5 October 2023 @ 6:27 pm

I actually feel for him, Sensei. He talks sense and I think he knows full well he is between a rock and a hard place. And then some. But when all is said and done he will do as his political masters bid. He will eventually fire up the printing press.


5 October 2023 @ 5:32 pm

The governor is like a Jack Russel who believes he is a pitbull terrier. He barks at and mock-charges the pitbull, but stays at a safe distance.

He professes his independence and strengths, and he boasts about his authority while he ignores his weaknesses. He is totally exposed to the redistributive policies and activities of Luthuli House. The ANC is fast depleting the value of all collateral and assets held in the banking system, and that issue will inevitably end up in the lap of the lovely Governor. When that pitbull snaps his chain, it won’t be a pretty sight.

The governor has the power to refuse to defend the currency but he has a mandate to “create liquidity” in the banking system and to save the financial system from systemic collapse. For this task, he has only one flimsy little tool, called currency devaluation, in his little toolbox.


5 October 2023 @ 4:53 pm

Travelled that line alone when I was about 10 years old on a visit to family.
Everything worked and looked good.


5 October 2023 @ 4:51 pm

Is there any SOE or department that shouldn’t be placed immediate administration?


5 October 2023 @ 3:15 pm

The honourable premier is quite correct. The line is there. In fact, you could travel by train from Pretoria to Pietersburg before the Anglo Boer War (1899-1902). Passengers, goods and mail were safely and efficiently transported. On time. And each town had a pretty station with a station master and a goods shed with a lock on the door.

Nowdays, not so much. A year ago we stopped at the Louis Trichardt station (to see the old postbox in the wall). It was regularly voted the best kept station in the Transvaal during the time of SAS&H (onthou julle hulle?). It was heartbreaking to see the decay and dirt. Good luck, premier.

PS: there will be that mountain between Louis Trichardt and Mussina to consider though. It’s a biggie. Just saying.


5 October 2023 @ 2:53 pm

Some background:

On 1 September 2015, Mzimela started the airline Fly Blue Crane. Fly Blue Crane entered business rescue 15 months later and terminated all services on 3 February 2017.
She was appointed interim CEO of South African Express in April 2017, which was forced into business rescue on 28 April 2020 by its creditors.
She is also a former CEO of SAA, but this was before the global Covid-19 crisis. SAA, which has received government bailouts for years, last year emerged from a business rescue process after the Covid-19 fallout forced the already indebted national airline to ground all flights.

This is what is called “cadre deployment”.

The top voted comments of the past 7 days.
  1. Chris91176

    2 October 2023 @ 8:17 am
  2. Discovery hides the cuts in their formulary every year. So when you read that they cover 200% or 100% of specialist or in-hospital rates for example it looks like the same cover year on year but in their formulary they have cut what the actual rate is or they reduce the medicine price list or content. Please do an investigation where you compare formulary rates and content including specialist rates and cover year on year vs. premium increases. When I requested this info from a Discovery broker they stopped communicating with me.

  3. Sensei

    29 September 2023 @ 8:36 am
  4. Here we see a BEE parasite trying to abuse the parasitical BEE system to prolong its parasitism. It is like the tick taking the dog to court because the dog has been bitten by another tick.

  5. Alienmaster

    2 October 2023 @ 8:39 am
  6. I’d love to know how alternative medical plans compare, as there might be better plans at competitors of Discovery. If this continues I may have to look at switching.

  7. venteras

    29 September 2023 @ 7:13 pm
  8. Affirmative Action struck again to oversee further deterioration of a once world class SOE. If the new appointment is done along the same lines there is no hope of improvement. Problem is that the destruction caused by BEE and AA policies is almost complete in our SOEs, so even the perfect person for the job now will not likely be able to fix it.

  9. Cheetah

    3 October 2023 @ 2:52 am
  10. Mr Lesufi must first figure out how to protect the gautrain’s infrastructure from being vandalised. You can’t build a new one while the old one is perishing. 3 steps foward,10 steps back is the story of SA.

  11. Johan_Buys

    3 October 2023 @ 6:39 am
  12. What about first we fix Transnet and consumer rail.

  13. Sensei

    4 October 2023 @ 4:38 am
  14. It is not good enough for the private sector to serve consumers, pay salaries, and pay taxes.

    No, in this socialist redistributive society they are also expected to serve consumers without making a profit, provide employment opportunities at unproductive wage levels, donate a major portion of their business to total strangers in a BEE deal, and pay a miriad of taxes without expecting any services in return.

    What kind of fool will settle for such a raw deal?

  15. Sensei

    4 October 2023 @ 4:31 am
  16. To blame the rot at SOEs on the CEOs and management teams, rather than on the central-planning Luthuli House, is like blaming the children of the alcoholic father for the deprivation in the household.

    The success of the National Democratic Revolution equals the bankruptcy of SOEs and the looming bankruptcy of the failed state.

    This is exactly what ANC supporters voted for. Who are we to try and mitigate this orchestrated disaster?

  17. Mactheknife

    3 October 2023 @ 6:53 am
  18. Will be interesting to see who wins the tender – although, I suspect that’s already been figured out!

  19. casper1

    29 September 2023 @ 7:08 pm
  20. Wha ha haaaaa
    Rats abandoning ship methinks !!!!!!!!!!!!!!

  21. casper1

    3 October 2023 @ 6:38 am
  22. People need to understand why.
    Sars is the money collection (extortion) arm of the ruling Mafia cabal and the judges are all appointed by them.
    Naturally they do not want to act against their employers !!!!!!!!!!

  23. boepens

    30 September 2023 @ 10:44 am
  24. “The “majority of our people do not have access to major services that are provided for by the banks due to their financial status and the exorbitant charges that come with such services.”

    Kuilvoer vir stemvee my maat.

    If you think its expensive now, wait until its run by the State.

  25. AndrewGrieveson

    30 September 2023 @ 5:20 am
  26. There is nothing left to rescue . Give up the CPR boys the body has already gone cold . The only thing left to sell is the property they own .

  27. Milktart

    5 October 2023 @ 12:46 pm
  28. Glorified government workers playing at being private sector executives. Their CVs are almost entirely a list of SOEs they have passed between themselves, sprinkled with occasional “NPO” nobody has ever heard about.

    No company free from state interference would even hire them. I would trust them with a mop, let alone running a national company.

  29. TheVale

    30 September 2023 @ 6:30 am
  30. And add a couple more Hundred Million to that Headache debt for the work the “Rescue Practitioners” are going to do. Well they will drag it on & only for the obvious we all know it can not be saved.
    “Improved revenues, lower costs and structural changes in its business model will be key to achieving a turnaround, practitioners say” now that’s not going to happen.
    I just cant see Improved Revenues, & guess what the Government is quickly running out of money so the Post office is a spent entity.
    Please do0nt waste money on Business Practitioners to tell the tax paying public it can be turned around and can run at a profit if we implement the following turn around strategy.
    And lastly the Post Office has no business model and has not operated in a Business model environment for years now.

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