MARKET SNIPPET: 10 November 2014

- Mabyanine Phiri – Portfolio Associate: ACM Gold & Forex Trading

Labour unrest may be fuelled by the expulsion of NUMSA workers by COSATU over the weekend after it withdrew support for the African National Congress (ANC). Mabyanine Phiri talks more on this in today’s Market Snippet.

REWIND: Guarding the guardians

Economy

In South Africa, the media plays a significant role in guardianship. But we all know the history behind the Protection of State Information Bill and the ANC’s relationship with the press. Who then can be regarded as the guard of guardians?

ANALYSIS: SA is capable of 5% growth pa

world

20 years after the start of democracy in South Africa, we have a country that boasts BBB grade investments, achieving an average of 3,2% annual growth over the past 10 years and inflation is under control. We look at a few pros and cons of what the government has done thus far.

INSIGHT: The economic impact of the 2014 general elections

South Africa

This year South Africa can look forward to the national elections, especially considering our most recent economic shifts. We take a look at the complicated relationship between COSATU and the ANC, the Public Protector’s report on the infamous Nkandla and predictions around low interest rates and the weak rand.

CORPORATE NEWS: Labour relations and unions in SA

133835272

The number of man-days lost due to strikes has averaged 3.4 million for the nearly two decades since democracy. That is the average; the actual number fluctuated wildly from less than 1 million to over 12 million in some years. JP Landman provides us with an analysis and opinion on the current labour relations situation in South Africa.

Zuma sends Secrecy Bill back to parliament and addresses economic issues

Zuma

President Jacob Zuma unexpectedly announced that he has decided to refer the much criticized Protection of State Information Bill back to parliament. The bill had been passed by parliament earlier this year and was passed to Zuma for signing into law. The bill was the target of many campaigns including one by the Right to […]

Filling the gap on the left

JP Landman

There are 13 political parties represented in Parliament. The ANC has 65.9% of the MPs. To the left of the ANC are two parties, the PAC and Azapo, and they have 0.5% of MPs. These numbers are the result of the national elections of 2009 and reflect Parliament’s current composition.Things have changed a lot over the four and a half years since the last elections and the numbers understate the DA’s current support.

The battle for Cosatu’s soul

James Styan

Trade union Cosatu has been in the news for all the wrong reasons recently but it continues to play a pivotal role in South African politics. James-Brent Styan breaks down the Cosatu crisis and what it might mean for Finweek readers

Cosatu’s unlikely alliance in NM Bay

Things are looking pretty dire over at the Nelson Mandela Bay Municipality. After years of mismanagement, an exodus of local businesses and an extreme reluctance of investors to get involved, the community has finally had enough. The situation is so desperate, even Cosatu joined the fight.

Mashaba hits back at Cosatu

Fraud'

Herman Mashaba the chairperson of the Free Market Foundation (FMF) has hit back at trade union Cosatu after criticism that the FMF was siding with the Democratic Alliance around labour brokers. The statement from the FMF reads as follows: