If you think a clean municipal audit is scarce, try to get a call answered quickly

Are we becoming a nation that celebrate losses? After each of the many Springbok losses ex Bok coach Allister Coetzee oversaw, he found “much positive to build on”. When reacting to the Auditor General’s scathing report about the financial management at local level, Zweli Mkhize, Minister of Cooperative Governance & Traditional Affairs and his deputy Andries Nel reminded me of Coetzee.

The Auditor General (AG) reported:

  • A 75% deterioration in in unauthorised expenditure to a level of R28.3 billion – a figure higher than the expected income from the increase in the VAT rate;
  • Team Failing Clean Audit Municipalities trumped team Clean Audit Municipalities by 224 – 33, a loss comparable to the All Black’s 57 – 0 trashing of the Boks, though damaging not only South Africans’ enthusiasm, but their financial well-being too;

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Continue reading “If you think a clean municipal audit is scarce, try to get a call answered quickly”

Fragmentation of South Africa: Is the ANC succeeding where the NP failed?

Remember, South Africa as a unitary state is a recent experiment and the verdict on its success or failure is still to be determined…” These words by Lawrence Schlemmer, one of the foremost analytical minds in SA during the latter quarter of the 20thC are today far more relevant than when he uttered them in 1996 when we were enjoying a drink whilst waiting at the late Jan Smuts Airport on delayed flights. Having just read Jacques Pauw’s The President’s Keepers I was starkly reminded of Lawrie’s words.

Lawrie Schlemmer

South Africa is unravelling…

I had the privilege of meeting Lawrie when he was a strategy advisor to the Urban Foundation in the years 1987 onwards. His sharp intellect and wit made him an impressive debater. He was totally independent – apart from his utter dependence on nicotine.

Continue reading “Fragmentation of South Africa: Is the ANC succeeding where the NP failed?”

If monopolies are the problem, start dismantling the worst: the State-owned Enterprises

Rating agenciesWith Moody’s soon to announce their assessment of SA’s credit risk, Finance Minister Malusi Gigaba made it clear that a white minority was controlling the economy through a monopoly and that was now to change.  Gigaba, speaking mostly in isiZulu, said “The economy is controlled by a minority; they are a monopoly. There are a lot of companies owned by very few people and the services and products on offer enrich these few people.” (Gigaba: It is time to put us first ).

Addressing an ANC Youth League event in Pinetown, Gigaba remarked that there was an agreement in 1993 that white people would continue to have a say in the economy.  The ANC stayed committed to this, “but now has come a time for change. It is time to put us first.Continue reading “If monopolies are the problem, start dismantling the worst: the State-owned Enterprises”