South Africa

It Is Time to Rethink Africa

Stereotypes exist for a reason, the positive ones and the negative ones. and for generations the stereotype of Sub-Saharan Africa was poor, hungry and primitive. Before WWII and for centuries this meant it was free to be civilized/exploited/colonized in the subconscious of Europeans. Now, that Western assuredness of its own superiority now reflects itself in pity for the “untercontinent” it is always the #1 target for “relief” and philanthropy.

South African Reserve Bank cuts repo rate by 100 basis points

Due to lower inflation forecast and expected recession
The National Treasury building in Pretoria [PREUSS]The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) took the unanimous decision to cut the repo rate by 100 basis points to 5.25 per cent in response due to lower inflation forecast as a result of the collapse in oil prices in March, as well as a forecast recession caused by the global response to the Covid-19 coronavirus outbreak.

South African Budget does not raise any new taxes

“Our economy has won before, and it will win again” –  Finance Minister Tito Mboweni Budget Speech February 2020
“This Budget is about cleaning up our house,” Finance Minister Tito Mboweni said
In his briefing to journalists before his Budget Speech, Finance Minister Tito Mboweni pointed out that preparing a Budget Speech was an iterative process, as he would propose certain things and his team would either accept or reject them. In the event, the speech that was given to journalists was labelled version 10.

South African Energy Minister allows mines to self-generate electricity

“This will help close the energy gap caused by deteriorating Eskom plant performance,” says Gwede Mantashe.
Minister of Mineral Resources and Energy Gwede Mantashe told delegates at the Mining Indaba in Cape Town that government would allow mining companies to produce energy for their own use.
“This will help close the energy gap caused by deteriorating Eskom plant performance. Depending on the circumstances, the generation plant may only require registration and not licensing,” Mantashe said.

“Elected by Donors”: The University of Cape Town Fails Palestine, Embraces Israel

It was a scandal of the highest caliber. On November 23, the Senate of the University of Cape Town (UCT) in South Africa was practically bullied to reverse an earlier decision that called for the academic boycott of Israel. While the story may seem relevant in South Africa’s political and academic contexts, in reality, it exemplifies the nature of a brewing war between supporters of Palestinian rights and Israeli interests, worldwide.
In fact, the UCT scandal began much earlier.

Elected by Donors: How the University of Cape Town Was Bullied into Embracing Israel

It was a scandal of the highest caliber. On November 23, the Senate of the University of Cape Town (UCT) in South Africa was practically bullied to reverse an earlier decision that called for the academic boycott of Israel. While the story may only seem relevant in South Africa’s political and academic contexts, in reality, it exemplifies the nature of a brewing war between supporters of Palestinian rights and Israeli interests, worldwide. 
In fact, the UCT scandal began much earlier.