Oh. But, but, but, "White Monopoly Capital?"
The analysis stress-tests different scenarios and lands in the 60-70% range for Black local ownership. It pushes back against narratives that "nothing has changed" economically since 1994 or that White South Africans still dominate ownership.
The article, drawing from analysis by "The Common Sense," estimates that Black South Africans (using the broad B-BBEE definition, which includes Black, Coloured, and Indian South Africans) hold about 66.55% of locally owned JSE capital, compared to roughly 33.45% for White South Africans.
The breakdown relies on assumptions about different investor categories:
Public Investment Corporation (PIC): Government-managed pensions for civil servants (20% of local shares). High Black representation in public employment leads to a large Black share here.
Private pension/provident funds: Significant portion attributed to the growing Black middle class.
BEE structures, state holdings, and direct retail: These add further weight, with BEE deals and broad-based schemes (employee trusts, community funds) playing a big role.
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ANC's latest genius plan: tax every car owner via their licence disc to bail out the bankrupt, fraud-riddled Road Accident Fund. Creecy admits the fuel levy isn't milking motorists enough anymore. The inept ANC breaks everything they touch, then demand you pay more to keep the disaster funded. Classic ANC / GNU governance.
https://t.co/dvdtTcD342
Winston Churchill was right. . .
🔥🔥🔥🔥
Winston Churchill understood something that too many people today still refuse to admit.
Socialism does not fail because the wrong people are in charge. It fails because it is built on the wrong view of human nature, the wrong view of freedom, and the wrong view of prosperity.
That is why Churchill’s words still hit so hard.
“Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.”
He was right then, and he is still right today.
Socialism promises fairness, but too often delivers dependence. It promises compassion, but usually requires coercion. It promises equality, but somehow the people in power always end up with more control while ordinary citizens are told to accept less freedom, less choice, and less opportunity.
What is baffling is how many times the world has seen this movie and still acts surprised by the ending.
Every generation seems to produce a new group of politicians, academics, activists, and celebrities who insist that this time will be different.
This time, they say, the state can redistribute wealth without killing incentive. This time, bureaucrats can manage an economy better than free people making free choices. This time, envy can be dressed up as justice and sold as morality.
But reality does not bend for slogans.
A system that punishes achievement, rewards dependency, and centralizes power will eventually produce less of what people need and more of what politicians control. It is not kindness to promise people prosperity by attacking the very freedom that creates it.
Churchill saw the danger clearly because he understood that liberty and prosperity are connected. You cannot weaken one without damaging the other.
The lesson is not complicated, but apparently it must be learned again and again.
Why do you think so many people still fall for socialism’s promises after seeing its failures so many times?
In rand terms, crude oil is now cheaper than in February, yet we're paying R7 more per litre than 4 months ago. Here's the scam:
Today, SA fuel levies are 14x higher today than at the height of Apartheid sanctions.
Originally, fuel levies was introduced to build our National highways, and later for SASOL subsidies during sanctions. It was always meant to be phased out.
The new regime decided not to phase it out, as was the original plan, but instead turned it into a permanent cash cow.
Time to expose it. Full story: https://t.co/EqSaleiCe6
They don’t say “I’m a communist” anymore.
Instead they say:
• “We just want equity, not equality”
• “Abolish the police / prisons”
• “Decolonize everything”
• “Gender is a social construct”
• “Climate justice requires ending capitalism”
All of these trace back to Marxist frameworks, just rebranded for Western audiences who would never vote for open communism.
When your ideology has a 100+ million death toll, you don’t fix the ideology. You fix the branding.
Which current movement do you think is the latest rebrand? Drop it below.
The victim, farmer Pieter Buys (a well-known mango farmer), sustained life-threatening injuries from a panga (machete) attack on his farm Friday morning, June 26, 2026, in the agricultural area of Deerpark, just outside Tzaneen (Limpopo, South Africa).
He managed to grab the weapon with both hands, subdue the suspect until help arrived, and was rushed to Tzaneen Mediclinic. He was later discharged and is recovering at home.