Tag: economy

THEMBELIHLE WAS BUILT THROUGH STRUGGLE: IT WILL BE DEFENDED THROUGH UNITY 

The Siyafana Sonke Campaign salutes the residents of Thembelihle informal settlement in the South of Johannesburg, Lenasia, who continue to defend the values on which their community was built: solidarity, dignity and the right of all people to live without fear. Thembelihle was born out of struggle. It emerged because poor and working-class people, denied access to […]

 Stuck Between Promise and Reality

 Soup kitchens, long cold, dry and dark winters Why your local council can’t just make water and electricity free — and what communities can do instead South Africa’s Constitution says everyone has the right to enough water. It says local government must provide basic services fairly. Those are not empty words. They are binding promises. […]

The SACP’s Conference of the Left

In a moment in which silence appears as complicity the websites of the Congress of South African Trade Unions (Cosatu) and the SACP show no sign of having issued a statement against March and March and the recent escalation of xenophobic rhetoric – often including classic fascist tropes – and street thuggery. For some time […]

CONTROVERSIAL COAL SALES

South Africa boosts coal exports to Israel des­pite tak­ing it to court in gen­o­cide case Crit­ics have slammed the South African gov­ern­ment, accus­ing it of hypo­crisy, because of the coun­try’s coal exports to Israel that have accel­er­ated in the past two years des­pite Pre­toria’s gen­o­cide case against Israel at the Inter­na­tional Court of Justice (ICJ). […]

Whose Growth?

We do not seek to grow the economy. That statement, within the narrow confines of the present, is heresy. It is the ultimate rejection of the gospel according to the economists, the ministers, and the commentators who see only percentages and indices where we see suffering. Their eternal plea is for “growth,” for “investment,” for […]

On Adam Hanieh’s Crude Capitalism

Adam Hanieh, Crude Capitalism: Oil, Corporate Power, and the Making of the World Market (Verso, 2024), 336 pages. Adam Hanieh’s new book, Crude Capitalism: Oil, Corporate Power, and the Making of the World Market(Verso, 2024) could not be timelier. As all eyes turn to Baku for COP29, the capitalist world heads to yet another performance of misdirection. In […]

Beyond the Script: Why the State of the Nation Needs a Rupture, Not Reform

As Cyril Ramaphosa prepares to deliver yet another State of the Nation Address, the ritual repeats itself. Big business demands “confidence.” Ratings agencies insist on “discipline.” Trade union federations and NGOs submit carefully worded proposals about what the President “should prioritise.” Once again, we will be told that progress is being made, that stability is […]

The EU’s ‘Investment Package’ isn’t Aid — It’s guaranteed profit for private capital

The investment gap Over the past three decades, South Africa’s fixed investment — spending on physical assets such as factories, machinery, and infrastructure — has averaged just 16 percent of GDP. This is roughly half the average for upper-middle-income economies. Chronic underinvestment in the real economy, where most jobs are created, has contributed to the […]

From Protest to Power: Lessons from Kenya’s Gen-Z Revolt

On June 25, 2024, Kenya witnessed a rupture in its post-2002 political consensus. What began as resistance to the Finance Bill—a set of regressive taxes backed by the IMF and marketed as “fiscal reform”—rapidly escalated into a nationwide revolt. The initial mobilizations, led primarily by young people outside of formal party structures, coalesced around a rejection of the rising cost of living, state corruption, and elite impunity. Within days, the protests spread from Nairobi to other urban centers. That afternoon, demonstrators breached the parliamentary compound. Security forces responded with lethal force. Dozens were killed, while hundreds were abducted, detained without trial, or tortured. Though President William Ruto ultimately withdrew the bill, that concession did not resolve the deeper political crisis. By then, the protests had evolved into a broader denunciation of the state’s coercive apparatus and the hollowness of the country’s democratic institutions.
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