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After the Bell: Joburg's dodgy loan shows the wheels ar...

O politics! What a misanthrope you are. There is an old quote often wrongly, as it happens, attributed to Groucho Marx, who did say it but wasn’t the first to do so: ‘Politics is the art of looking for trouble, finding it everywhere, diagnosing it wrongly, and applying unsuitable remedies.’ The...
South Africa Thapelo Amad Mark Barnes Actionsa Herman Mashaba Mpho Phalatse Julius Malema

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After the Bell: Lower Eskom's accounting standards — th...

What do we make of the decision by the Treasury to exempt Eskom from the reporting requirements of the Public Finance Management Act? Well, I think the short answer is that we are suspicious (if not offended). What do we make of the decision by the Treasury to exempt Eskom from the reporting re...
Mark Barnes National Treasury Public Finance Management Act Post Office Andre De Ruyter Auditing Corruption Eskom National Treasury Public Finance Management Act Tim Cohen Transnet

After the Bell: Banks and the ghosts of futures past

Ever since the 2008 Global Financial Crisis, or GFC as it is now known, the idea of a new banking crisis freaks out the entire financial system more definitively than Scream VI. Oh, didn’t you know? Yes, there are in fact now six versions of the Scream horror movie franchise, posing the questio...
Matt Levine Mark Barnes Robert Armstrong Silicon Valley Bank Standard Bank Silicon Valley

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