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FOUR THE PEOPLE
3rd November 2023 By: Darlene Creamer
DOG WHISTLER: With no sense of irony, Mineral Resources and Energy Minister Gwede Mantashe continues to champion gas exploration and development while fighting internal Cabinet power struggles using the analogy of the warning that mice offer when running away from dangerous levels of methane underground. This, while continually blowing a dog whistle against non-governmental organisations that have done little more than insist that government stick to its own laws and policies. He’s whistling a wrong and dangerous tune.
DOG WHISTLER
27th October 2023 By: Darlene Creamer
RED CARD: The Unemployment Insurance Fund (UIF), which is meant to support workers who lose their jobs, stands accused of serious foul play, with organised business and labour having both called for the fund to be placed under immediate administration. Besides alleged operational dysfunction, there is also deep unhappiness over the UIF’s decision to invest R5-billion in a well-connected company, Thuja Capital, which was hastily registered days before the award to pursue an “untested concept” to create jobs.
RED CARD
20th October 2023 By: Darlene Creamer
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FALLING SHORT
13th October 2023 By: Darlene Creamer
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EXTREME FORECAST
6th October 2023 By: Darlene Creamer
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PRESSURE COOKER
29th September 2023 By: Darlene Creamer
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TRAIN WRECK
22nd September 2023 By: Darlene Creamer
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IRRESISTIBLE FORCE PARADOX
15th September 2023 By: Darlene Creamer
SANDS OF TIME: The Koeberg life-extension project is running years late and, with ongoing contractor claims, its final budget remains uncertain. For the nuclear plant to operate beyond July 2024, many more physical and licence-compliance steps are still required, including the separation of the unit licences to allow Unit 2 to remain operational until the end of 2025. The regulator is said to have many questions and it is possible that, despite all the money and effort, Koeberg could be shut for a protracted period from the middle of next year.
SANDS OF TIME
8th September 2023 By: Darlene Creamer
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RELUCTANT REFORMER
1st September 2023 By: Darlene Creamer
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HEAT IS ON
25th August 2023 By: Darlene Creamer
UPHILL STRUGGLE: While Some Eskom coal power stations are operating more stably and various private generation projects are offering some relief, loadshedding continues to weigh down the real economy. Manufacturers, farmers and miners don’t only face production disruptions but those reliant on domestic sales are facing the added problem of weak downstream demand as production shifts are curtailed and response to the cuts. Those reliant on exports, meanwhile, then face the added stress of a failing fright logistics network. It’s a real Sisyphean task.
UPHILL STRUGGLE
18th August 2023 By: Darlene Creamer
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STOP GAP
11th August 2023 By: Darlene Creamer
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EXPLOSIVE DECLINE
4th August 2023 By: Darlene Creamer
BURNING PLATFORM: The torching of more than 20 trucks in KwaZulu-Natal, Limpopo and Mpumalanga brought back nasty memories of the July 2021 riots, which shook South Africa to its core. The motives are not immediately clear, but it appears that the actions go beyond toxic xenophobia and mafia-style muscle flexing and include an element of political intimidation, even terrorism. What is clear is that the torchings – together with sabotage at Eskom and Transnet, as well as construction-site hijacking – are further undermining investor confidence.
BURNING PLATFORM
28th July 2023 By: Darlene Creamer
ANTI-SOCIAL MEDIA
ANTI-SOCIAL MEDIA
21st July 2023 By: Darlene Creamer
DESTRUCTIVE FORCE: Whether it was a tornado or a landspout the strong winds associated with the recent weather phenomenon that hit Inanda and Phoenix, in KwaZulu-Natal, left a deadly trail of destruction in its wake. As with the climate crisis, which is leading to more frequent and extreme weather events, South Africa’s youth unemployment rate is building with catastrophic force. The most recent Quarterly Labour Force Survey shows that youth aged 15 to 24 years and 25 to 34 years recorded the highest unemployment rates of 62.1% and 40.7% respectively, against an overall official rate of 32.9%.
DESTRUCTIVE FORCE
14th July 2023 By: Darlene Creamer
BREAKING POINT: In the years preceding the start of the loadshedding crisis in 2007, electricity commentators would regularly warn that the distribution sector was emerging as South Africa’s weakest link. That reality was masked by the subsequent collapse in performance of Eskom’s generation fleet and the delay to the megaprojects meant to close the supply gap. That mask has now started to slip, with distribution-level faults having become far more frequent and much longer in duration and are arguably causing more disruption to business and households than loadshedding.
BREAKING POINT
7th July 2023 By: Darlene Creamer
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BAND-AIDS & BAILOUTS
30th June 2023 By: Darlene Creamer
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DANGEROUS DECLINE
23rd June 2023 By: Darlene Creamer
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