Nene's gone, Rand tailspins

2 years ago


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First Thing with John Stupart

Thursday, 10th December


"I don't make jokes. I just watch the government and report the facts."
– Will
Rogers


When ambitions change lives, we all prosper

Daily Maverick Chronicle
Presents
Casualties of
Cola

This week, the Daily Maverick introduced a new digital initiative called the Daily Maverick Chronicle. Our first story, Casualties of Cola, immediately went viral, and we can’t help thinking that its success is largely
due to a counter-intuitive principle: readers are always shocked to learn that many of the worst things that happen in this country are entirely legal.
Casualties of Cola details the story of Beverage behemoth SABMiller and its subsidiary, Amalgamated Beverage Industries (ABI), one of the leading bottlers of Coca-Cola
products in Africa, and how they’ve used a black employment empowerment scheme called “owner-driver” to turn employees into contractors, and to choke those contractors into penury. They’ve been able to do this because the law allowed them to do so,
and because the concept of outsourcing has become corporate orthodoxy, even if its effects are patently catastrophic.
Casualties of Cola is the story of one particular catastrophe. But there are many. They happen all the time, all over the world. Because this is the new nature of work.
Read the entire feature here.


While you were
sleeping


The dismissal of Finance Minister Nhlanhla Nene immediately sent the Rand into a tailspin. In just a few short hours the
Rand plunged to R22.75 to the Pound, and continues to fluctuate badly. ANC MP David van Rooyen is replacing Nene. Van Rooyen was dismissed from a government posting two year earlier, tweeted Mbhazima Shilowa. SAA chief incompetent Dudu Myeni, meanwhile, tweeted a rather odd, Mandela-inspired missive about the majority of South Africans being poor.
You have just crossed over to the Twilight Zone.
Saudi Arabia is gearing up for one of its most liberal democratic moves ever seen. In a minor municipal poll on Saturday,
women will be allowed to vote for the first time. Hundreds of women have put their names up for nationwide positions to improve their local municipalities. They might not be able to drive or travel abroad unescorted by a man, but
with women now getting the vote, it's only a few short centuries until these pillars of chauvinism fall. WP
A suspect involved in shooting dead three people and wounding nine others at a Planned Parenthood centre in Colorado has defended his actions. In an outburst in court on Wednesday, Robert Lewis Dear frothed about being
a "warrior for the babies". Killing other humans to save humans will not be Dear's key defence during his trial, one presumes. Reuters
Yahoo has put the brakes on its plans to spin off its stake in Alibaba, opting instead to focus on core businesses. A Wednesday announcement by chief executive, Marissa Mayer, announced a new strategy after Wall Street fears of
tax litigation caused alarm in Yahoo. Instead of the spin-off, Mayer and Yahoo's board decided to split Yahoo into an Alibaba-holding splinter, and the rest under another entity entirely. NYT
Arsenal qualified last night for the Champions League final 16 by defeating Olympiakos 3-0. French striker Olivier Giroud secured his first hat-trick with the Gunners, scoring all of his team's goals in a dominating
performance throughout the match. This is Arsenal's first win in Greece since December 1998. BBC
Financial Indicators:
Oil=$40.17 Gold=$1,074.45 Platinum=$861.40
R/$=14.56 R/€=16.32 R/£=22.48 $/€=1.10
JSE All Share=49,523.56 DJIA=17,422.72 FTSE 100=6,126.68: Source
We’re committed to understanding your ambitions

In Numbers


39.95
The dollar cost for fans of the Lord of the Rings Trilogy to have their names published in the special edition's closing credits.
Coming Up
Today in 1901 saw the first ever Nobel Prizes being awarded. Physicist Wilhelm Röntgen won the first physics prize for his
invention of the X-ray.
COP21 continues. The Paris-based climate change summit finishes on the 11th December. Hopefully with a meaningful
resolution.
Denel's Mechem will be conducting an explosives search and clearance of an old military plot near Elandsfontein, by the Gerotek test facility. Hopefully the dogs do their job completely.
Movie fanatics in Joburg are trying to smash the Guinness World Record for the most continuous hours spent watching movies. The Telkom Unlimited Movie Marathon will carry on, so help all the viewers, until the 13th
December.
Fact of the day: Children under the age of 17 are
blocked from playing online video games after midnight. Their Korean Social Security Number acts as an instant digital
bouncer.
Weather: 
Bloemfontein: min: 21° max: 32°, sunny
Cape Town: min: 16° max: 28°, cloudy
Durban: min: 22° max: 31°, cloudy
East London: min: 20° max: 32°, cloudy
Johannesburg: min: 18° max: 32°, cloudy
Kimberley: min: 21° max: 35°, sunny
Nelspruit: min: 21° max: 31°, rainy
Pietermaritzburg: min: 16° max: 34°, chance of rain
Polokwane: min: 17° max: 33°, rainy
Port Elizabeth: min: 19° max: 26°, cloudy
Pretoria: min: 21° max: 31°, cloudy
Source: Forecast.io

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The Unthinkable: Nene Has Fallen
It is the final insult. President Jacob Zuma has put South Africa’s economy, stability and future at risk by firing respected Finance Minister
Nhlanhla Nene for reasons he has not bothered to explain. Of course South Africa knows what the reasons are, and they have nothing to do with maintaining the integrity of the Treasury. The announcement of Nene’s shock removal from Cabinet sent the
Rand tumbling on Wednesday. In the context of an international ratings downgrade, poor economic performance and an already battered currency, the move spells disaster for the country. By RANJENI MUNUSAMY.
Editorial: An Act of Wilful Sabotage
It’s a strange time to live in this country; it’s strange to be a party to its staccato, barely intelligible rhythms. The Jacob Zuma presidency,
which became an inevitability after the bloodletting in Polokwane in 2007, has now descended to its nadir—the point where self-generated crisis after self-generated crisis has met a commodities meltdown, resulting in something even the most
vituperative of Zuma’s detractors couldn’t have predicted: a suicidal kleptocracy so brazen that the president doesn’t bother trying to cover up his true intentions any longer. By DAILY MAVERICK.
Casualties of Cola: THE ADVISOR
Mike Melnick’s offices inhabit a botched Tuscan structure on the outskirts of Alberton, Johannesburg. Melnick is a large man, and on a Friday in
October he was installed behind an oceanic desk, dressed in a Jeep-branded button-up and slacks. M. Melnick Financial Services is an accountancy firm that focuses on owner-drivers, a number of whom are contracted to ABI. In industry terms, Melnick
is a “business advisor”—the intermediary between corporates and their independent drivers, a middleman who opens bank accounts, pays bills, and is generally meant to function as the brains behind the ODs’ brawn. By DAILY MAVERICK
CHRONICLE.
Psyche of the Nation: The causes of repeat violent offending in South Africa (and what
to do about it)

After five years of intensive research, a process involving thousands of violent criminals in the country’s least forgiving prisons, the Institute
of Security Studies and the Department of Correctional Services have finally released their findings: the key to violent crime lies encoded in the mind and body of the past. KEVIN BLOOM reports.
The festive season's dark side
As you prepare to take a load off, perhaps near a beach somewhere, spare a thought for the country’s healthcare staff, who are girding their loins
for the festive season fight: a series of public holidays, in which substance-fuelled mayhem is likely to hit trauma units across South Africa. Not everyone will be saved. By MARELISE VAN DER MERWE.
Seeing & Believing: EyeGym, where Vision meets
Innovation

By improving how the eye sees and understands the world around us, the cognitive process of seeing and doing, and then effectively and accurately
responding to what is being seen, elite athletes are able to separate themselves from the competition. By DANIEL GALLAN for CONQA SPORT.
Op-Ed: Faith Muthambi returns SABC to apartheid days
With a few deft strokes of her pen, Communications Minister Faith Muthambi had amended several key clauses of the 1999 Broadcasting Act linked to
the appointment of SABC Boards. And the effect? Devastating. She, and her Cabinet colleagues who approved the Bill, sent the SABC straight back to its pre-1994 state broadcaster days. By TAWANA KUPE and KATE SKINNER.
Judith February: South Africa is in a spine-chilling
crisis

The dismissal of Nhlanhla Nene as finance minister is a chilling reminder of the crisis South Africa is in. Those within Cabinet might wish to ask
what their role is in acceding to this crisis. Those within the ANC who still have a semblance of decency should surely now be questioning their part in this crisis? And we, as citizens, should finally be asking, why it is that President Jacob Zuma
remains in office when he has set about to undermine our democratic institutions with such devastating precision?
Antoinette Muller: Nedbank Golf Challenge advert's ghastly
sexism

I admit, I’m a mardy arse with somewhat restrained sense of humour. Thus, I watched the advert several times to ensure I did not need to “lighten
up”. I floated it around friends to make sure I wasn’t missing the “hook” and the consensus was pretty clear: This is vile.
Stephen Grootes: The day we realised we're in serious
trouble

There are moments in politics when agendas are revealed so suddenly, and in so blatant a fashion, that they almost change the entire paradigm. The
firing, because that is what it is, of Nhlanhla Nene from the position of Finance Minister is one such moment. In just one move, it appears that President Jacob Zuma has revealed that he does not govern the country for the good of its people, but
for his own narrow interest, and those around him. The statement which announced Nene's sacking was so lacking in detail, so insulting, that it is impossible to put any kind of spin on it. Nene was fired for the simple reason that he went against
the wishes of Zuma. And as the rand weakens again to the world, we are all going to pay the price for it.
In case you
missed it
Cyril Ramaphosa: Mandela's favoured son, Malema's true
target

Deputy President Cyril Ramaphosa says he wants to revive a love affair – with the ANC, that is. In his first comments on
the issue of leadership – a subject he has been careful to stay clear of – Ramaphosa said people’s love for the ANC needed to be revived. He also said ANC members should not be bullied into choosing their leaders. While Ramaphosa is the most obvious
choice to be the next president, his campaign is in all sorts of trouble. He also has a powerful enemy on his case. Julius Malema is targeting what would have been the pinnacle of Ramaphosa’s achievements. By RANJENI MUNUSAMY.
Casualties of Cola: ORIGINS
Like almost everything in modern-day South Africa, it all began in the mines. By DAILY MAVERICK
CHRONICLE.
Casualties of Cola: THE UN-INDEPENDENT
When Thabo Reginald Tsolo was asked by his ABI managers to resign from his position as a driver and promised an OD
contract, he waited three anxious months for the necessary documentation. He found himself adrift in the grey zone between his old life as an employee and his new life as an entrepreneur. When the contract finally did materialise, Tsolo was so broke
that he was in no position to question the p’s and q’s. “Sign, signature, sign, initial. Like that,” he said. By DAILY MAVERICK CHRONICLE.
Presidency: Marikana compensation talks to begin in
January

So far, The Presidency hasn't engaged with the relatives of those killed in Marikana, nor the mineworkers, looking for
compensation since announcing an alternative resolution process in September, but on Tuesday said discussions would begin by the end of January. The Presidency, however, forgot to tell those claiming compensation. Still, there have been some
developments on Marikana: documentary Miners Shot Down is finally close to being aired on public television. By GREG NICOLSON.
Right of Response: Climate Ideology and Climate
Science

Climate alarm has become a ruling ideology. It is like a return to a past age of superstition, somewhat similar to the
Witch Mania of the 17th Century where witches were blamed for extreme weather events that caused crop failures. It is also highly lucrative, providing funding and jobs for a vast international army of activists, politicians, bureaucrats and embedded
scientists. This can be seen clearly at the ludicrous but extremely expensive COP21 conference in Paris now. “Last chance to save the world!” would better be “Yet another chance to give us lots of money!” By ANDREW KENNY.
Op-Ed: Fifa cannot reform itself
Slowly but surely, evidence is mounting against Sepp Blatter and his cronies. The net is closing in on him, but Fifa
cannot be reformed from the inside. It needs a clean sweep, an independent fumigation which will mean starting everything over from scratch. By ANTOINETTE MULLER.
Oscar avoids prison, for now
Appearing in court for the first time since he was sentenced last year, a much more composed Oscar Pistorius was told
that he did not have to return to prison – yet, anyway. The disgraced Paralympian was granted bail, as long as he observes the conditions of his house arrest. Next stop: Constitutional Court. By SIMON ALLISON.
Marcela Guerrero Casas: Road safety is a two-way
street

Without simplifying the complexity of a history of dispossession and injustice, nothing is a better mirror to our
societies than the way we treat each other in public space. In Bogota, Columbia, the late 1980s were a time of turmoil and despair, largely as a result of the civil conflict. It was no coincidence that traffic fatalities were one of the biggest
concerns for local authorities in the early 1990s. We can draw some valuable lessons from how Columbia addressed their problems on the streets of its capital.
Michael Fridjhon: Why can't we fund the tomorrow’s medical
doctors?

You would think that a halfway qualified doctor with pretty decent results would have no difficulty getting her fees
paid, and borrowing some money to cover her living expenses. It's taken her months of begging and pleading simply to get a loan lined up. When it comes to real funding, amazingly, the kitty is empty.
Nel Marais: The Economic Freedom Fighters - The Real 2015
Story

Given the stuttering economy, and the extremely high levels of unemployment, especially among young black people, the
EFF might well be the party to watch during the municipal elections. Although the EFF still faces a plethora of challenges, including limited funding - there is no specific information on its financial position available - leadership squabbles and
ideological differences, it is expected to be a serious challenge to the ANC in Limpopo, the North West, parts of Gauteng, and even the Free State. If not the outright winner, it might garner enough votes in some municipalities to govern in
coalition with the DA, Congress of the People and/or the United Democratic Movement.
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