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Darlene Creamer

By Darlene Creamer

WORSENING MAELSTROM

WORSENING MAELSTROM

16th November 2018

Concern is growing again about the position of many of South Africa’s State-owned companies. Corruption and maladministration are important causes for their current distress. However, the... 


BREWING CONFIDENCE

BREWING CONFIDENCE

9th November 2018

President Cyril Ramaphosa’s recent Investment Conference was noteworthy not for the R290-billion in investments unveiled, many of which having already been in the pipeline, but for the atmosphere... 


HERE WE GO AGAIN

HERE WE GO AGAIN

2nd November 2018

South Africans would have experienced a collective sense of déjà vu when Eskom confirmed that it is applying for hikes of 15% a year for the coming three-year tariff period, over-and above what it... 


WOOING INVESTORS

WOOING INVESTORS

26th October 2018

President Cyril Ramaphosa has rightly concluded that South Africa will not be able to extract itself from its current low-growth trap in the absence of far higher levels of investment. He has,... 


THE RIGHT ROAD

THE RIGHT ROAD

19th October 2018

South Africa’s super confident new Finance Minister, Tito Mboweni, is unlikely to be intimidated by the prospect of having to present a Medium-Term Budget Policy Statement less than a month into... 


UPWARD PRESSURE

UPWARD PRESSURE

12th October 2018

South Africans have been forced to endure, and absorb, some devastating fuel-price news since the start of 2018. And the bad news could keep flowing. This was the unhappy message contained in... 


POIGNANT REMINDER

POIGNANT REMINDER

5th October 2018

It was more than ironic that the United Nations (UN) unveiled a new statue of Nelson Mandela at its New York headquarters ahead of a General Assembly at which US President Donald Trump urged world... 


SERIOUS SHORTFALL

SERIOUS SHORTFALL

28th September 2018

Electricity utility Eskom has made it clear that it is indeed having problems in addressing the coal-stock shortages at some power stations. It attributed the problem partly to the fact that... 


UNENVIABLE POSITION

UNENVIABLE POSITION

21st September 2018

While news of yet another recession is not altogether surprising, it is nevertheless depressing and confidence sapping. Equally discouraging is the state of the discourse within the African... 


A sense of gloom descended across South Africa last week, when it was confirmed that the country had slumped into recession. Immediately, questions were asked about whether President Cyril Ramaphosa’s ‘New Dawn’ was actually a ‘false dawn’. What’s clear is that the many governance-induced failings of the Zuma-era will not be erased overnight. What’s also clear is that, while government needs to move far more decisively to address the issues undermining investor confidence, the upcoming election will probably mean that some of the ‘New Dawn’ elements will take longer to introduce than was first anticipated when Ramaphosa won his narrow party victory in December.

DREAM DEFERRED

14th September 2018

A sense of gloom descended across South Africa last week, when it was confirmed that the country had slumped into recession. Immediately questions were asked about whether President Cyril... 


RAISING RENEWABLES

RAISING RENEWABLES

7th September 2018

Energy Minister Jeff Radebe has confirmed that the least-cost pathway for new generation in South Africa is a mix of wind, solar and gas. The draft Integrated Resource Plan 2018 makes the same... 


CAUTIONARY COLLAPSE

CAUTIONARY COLLAPSE

31st August 2018

For years now, South African engineers have been warning of mounting infrastructure maintenance backlogs. However, it remains far from clear as to whether the country has any long-term strategy for... 


SHIFTING DECKCHAIRS

SHIFTING DECKCHAIRS

24th August 2018

Recent power-cut-prone wage negotiations at Eskom were akin to watching the deckchairs being moved on the Titanic before the liner hit its fatal iceberg. It is now broadly accepted that the... 


UNHAPPY SEQUEL

UNHAPPY SEQUEL

17th August 2018

Expectations ahead of Zimbabwe’s July 30 election were somewhat elevated by the absence of Robert Mugabe from the ballot. However, events soon took on a very familiar, and unhappy, tone, with... 


OPEN VERSUS CLOSED

OPEN VERSUS CLOSED

10th August 2018

A high degree of cynicism arose following the announcement of new Chinese investments into South Africa worth some $14.7-billion. However, the investment forms only part of a broader charm... 


HARD TIMES

HARD TIMES

3rd August 2018

South Africa’s construction industry has come under intense pressure in recent years. The industry’s reputation suffered severely in the wake of the collusion cases. However, a potentially fatal... 


SHANK SHOTS

SHANK SHOTS

27th July 2018

During an interview at the Trump Turnberry golf course, in Scotland, US President Donald Trump described the European Union (EU) as a “foe”. The comment promoted European council president Donald... 


HEAVEN SENT

HEAVEN SENT

20th July 2018

Wouldn’t it be wonderful if Nelson Mandela and Albertina Sisulu, whose centenaries we celebrate this month and year, could signal to us how best to tackle some of the big issues of our time. In the... 


PRICE HEIST

PRICE HEIST

13th July 2018

Temperatures are rising again around the upward trajectory of fuel prices in South Africa. The taxes and levies embedded into the prices have emerged as the main source of irritation. However, in... 


WITH FRIENDS LIKE THESE . . .

WITH FRIENDS LIKE THESE . . .

6th July 2018

US President Donald Trump did the unthinkable last month by imposing trade restrictions on his closest allies on the basis that their exports posed a threat to America’s national security. The move... 


WRONG TARGET

WRONG TARGET

29th June 2018

Without question, Eskom’s new management severely misread the labour relations situation at the utility. As a result, they definitely provided the triggering for the aggressive industrial action... 


RECAPTURING RUNAWAYS

RECAPTURING RUNAWAYS

22nd June 2018

Public Enterprises Minister Pravin Gordhan has made it his mission to ‘recapture’ those State-owned companies that were, by all accounts, left to run amuck during the so-called ‘State capture’ era.... 


SOLAR BLOOM

SOLAR BLOOM

15th June 2018

Solar photovoltaic (PV) technology was once again the star renewable-energy performer in 2017. Newly installed capacity increased by about 33%, or around 98 GW, over the record-setting additions of... 


NEW SCIENCE DAWN

NEW SCIENCE DAWN

8th June 2018

The recent official launch of the MeerLICHT telescope is arguably an ideal scientific accompaniment to South Africa’s political ‘New Dawn’. Likewise, the Sutherland-based instrument is the perfect... 


FROM NEW DAWN TO . . .

FROM NEW DAWN TO . . .

1st June 2018

President Cyril Ramaphosa’s workload during his first three-an-a-bit months in office has been heavy to say the least. Even before taking over as President, he needed to intervene urgently to... 


BACK ON TRACK

BACK ON TRACK

25th May 2018

Public Enterprises Minister Pravin Gordhan has acted decisively against the board at Transnet; a State-owned company that he claims was repurposed to enable corruption and rent seeking. Gordhan... 


JUGGLING ACT

JUGGLING ACT

18th May 2018

There is simply so much for President Cyril Ramaphosa to deal with at the moment that it’s little wonder he momentarily lost his cool in Parliament amid incessant heckling from the Democratic... 


DEPLETION WARNING

DEPLETION WARNING

11th May 2018

New regulations coming into force at the end of May state that data users must be informed when their data is nearing depletion and cannot be defaulted onto out-of-bundle data charges once their... 


ROCK & A HARD PLACE

ROCK & A HARD PLACE

4th May 2018

As would have been expected, opposition to Eskom’s application to recoup some R66.6-billion in foregone costs and revenue for three years of the third multiyear price determination period has been... 


WARNING LIGHTS

WARNING LIGHTS

27th April 2018

Finance Minister Nhlanhla Nene has revealed that government is monitoring South Africa’s State-owned companies on the basis of a dashboard that shows red, amber and green lights. While he did not... 


NEW ENERGY

NEW ENERGY

20th April 2018

Much credit must go to Energy Minister Jeff Radebe and Independent Power Producer Office head Karen Breytenbach for ensuring that the agreements for 27 long-delayed renewable-energy projects were... 


DISMAL OUTLOOK

DISMAL OUTLOOK

13th April 2018

South African Airways (SAA) has confirmed that it is now only likely to break even in its 2021 financial year, having reported a loss of R5.6-billion for 2017, and with a similar loss on the way... 


DANGEROUS & DAMAGING

DANGEROUS & DAMAGING

6th April 2018

When the dust eventually settles on Donald Trump’s Presidency, Americans, and the rest of the world, will be left to survey the damage. Prospects for multilateralism and international cooperation... 


LEAKING FUNDS

LEAKING FUNDS

30th March 2018

The financial collapse of the Department of Water and Sanitation, together with reports of operational dysfunction, is almost as worrying as the state of the country’s water security in certain... 


FIRED IN ANGER

FIRED IN ANGER

23rd March 2018

In the face of stiff opposition and strong arguments again, US President Donald Trump has pushed ahead with new trade protection measures for steel and aluminium. He has even gone so far as... 


ALARM BELLS

ALARM BELLS

16th March 2018

Warning lights should be flashing across South Africa in light of recent comments made by Economic Freedom Fighter (EFF) commander in chief Julius Malema. Given Malema’s partiality for the... 


ART OF THE POSSIBLE

ART OF THE POSSIBLE

9th March 2018

There are mixed feelings across society about President Cyril Ramaphosa’s Cabinet appointments. His economic ‘dream team’ has been tainted by some nightmarish compromises. The appointments serve to... 


WANNA TURN IT AROUND

WANNA TURN IT AROUND

2nd March 2018

It certainly won’t last forever, but there is definitely a new mood of cooperation and optimism in the air since Cyril Ramaphosa because the fifth president of South Africa’s democratic era. His... 


NAIL THE LANDING

NAIL THE LANDING

23rd February 2018

The first part of the Olympian task needed to restore South Africa’s position as a high-potential investment destination is complete. It took time, but the toxic Jacob Zuma presidency has ended.... 


BRIDGE TO FAR

BRIDGE TO FAR

16th February 2018

Many South Africans expressed resigned exasperation at the announcement that the Public Investment Corporation would extend a R5-billion short-term loan as part of a larger R20-billion in emergency... 


PULLING TOGETHER

PULLING TOGETHER

9th February 2018

If only the real and digital ink spilled over who is to blame for Cape Town’s water crisis was rain, because then Cape Town’s impending ‘Day Zero’ apocalypse would surely be averted. What’s... 


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