In 1982, the ANC released its January 8 statement in which it called on South Africans to join the armed struggle to dislodge the Apartheid government.
Panicking, the Establishment sent in Desmond Tutu under the auspices of the World Council of Churches to meet the ANC leadership in Harare and London to convince them to adhere strictly to nonviolent resistance and abandon the armed struggle.
One of the meetings, held in 1985, was organised by the British Commonwealth Secretary-General Sonny Ramphal who hosted a dinner in London where Tutu met ANC President Oliver Tambo to introduce him to the idea of non-violence.
In 1987, Tutu again met the ANC’s Executive Committee in Lusaka. Tutu had travelled to Zambia specifically to discuss nonviolent struggle strategies as the path toward dismantling Apartheid.
Now, to underline how much the Anglosphere Establishment was hyping Tutu up, in 1986, Warner Bros released Miles Davis’ jazz album with the title “Tutu” as a tribute to the Anglican Archbishop.
The album won the 1987 Grammy Award for Best Jazz Instrumental Performance, Soloist plus the Grammy for Best Album Package, with Tutu’s name prominently displayed in front.
If you take anything away from this let it be that where the Establishment is concerned, nothing is ever a coincidence.
In any case, throughout the period leading up to 1994, Desmond Tutu was given a platform and a bullhorn through which he repeatedly preached that “truth is powerful” and that exposure of evil was a necessary prerequisite for peace, explicitly rejecting Nuremberg-style “retribution”.
For context, the Nuremberg Trials were tribunals held between 1945 and 1949 in Nuremberg, Germany, to prosecute leaders of Nazi Germany for crimes against humanity. The trials delivered 37 death sentences and prison terms to high-ranking officials, military leaders, industrialists and doctors.
The trials further codified the principle that individuals, including head of state officials, can be held legally accountable for crimes against humanity establishing the precedent that “just following orders” is not a valid defence.
Similarly, by the time Tutu was rejecting Nuremberg-style justice, the United Nations had long formally designated Apartheid as a crime against humanity through numerous resolutions starting in 1966.
But as Chair of the Truth and Reconciliation Commission in 1996 looking into Apartheid crimes, Tutu transformed his “truth” ideology into a formal state process which used the commission as a non-retributuve ritual where perpetrators could shed the burden of secret guilt instead of facing justice as they should have.
In a nutshell, all of Desmond Tutu’s accolades and adulation such as his 1984 Nobel Peace Prize award were a direct expression of the Anglosphere’s approval of him as a tool to suppress justice.
I saw video clips of Ugandan ministers doing site visits on poorly constructed roads and buildings, asking some questions ... and then arresting people right there on the spot.
No commissions of inquiry, no red tape. Just arrest.
Tax season is open.
If you put money into a retirement annuity this year, that contribution comes off your taxable income. Up to 27.5% of what you earn, capped at R430 000 a year, across all your retirement products combined.
Plenty of people never claim it.
My mom was widowed years ago.
In her generation, husbands handled all the finances, that was just how it was done.
After my dad passed she kept putting R2k a month into a retirement annuity my father opened for her decades before.
A few years ago, I happened to look at her RA statements and to my shock I discovered ZERO growth…actually negative!
A massive chunk of monthly payments were disappearing into the broker’s commission & fees!!!
I stepped in and moved her retirement annuity into a living annuity and transferred everything to a different financial institution.
Her broker protested & told me she was not ready to transfer to a living annuity, yet my mom was +65 years old… the bloody nerve!!
I chose the Sygnia Skeleton Balanced 60 Fund at the time because of her age, low fees & it had a medium to low risk.
I couldn’t be more thrilled with the results.
Even with zero contributions (obviously – it’s a living annuity) and my mom’s monthly drawdowns, her initial capital invested has grown!
This post is not about pushing any particular fund, product or financial advice (always do your own research), it’s about helping our parents wherever we can with the financial knowledge we have.
Financial illiteracy is still common in the older generation and this is just a reminder to check in on our parents to see they are financially okay ❤️
Capitec made R16.8 billion in profit last year.
The actual banking made R6.9 billion of it.
Airtime, data, electricity and funeral cover made R8.9 billion.
Your bank is not really a bank anymore 🧵
I think the final stage of becoming a man is accepting that your frustrations and concerns are only yours to keep and to be never shared.
Sharing them not only exposes you, but it devalues and makes you undesirable. The world is harsh on men who show emotion.
Remember when the DA and EFF won a court case to prevent the VAT increase? Well, they saved each household R5,12 for every R1000 in food expenses.
Now, if they had fought and won against the latest electricity tariff increases, they would have saved every household at least R88 per R1000. With even much more substantial savings for households in metropolitan areas.
And then there's a second-order effect. Whereas in the VAT calculation many basic foods don't pay VAT, electricity costs do feed into the production and distribution costs behind those groceries.
So, when we look at the real cost-of-living impact, the electricity tariff increases should be a much more substantial target for political attention than the defeated 1% VAT increase. But, as always, political parties seem to have a special talent for picking pointless battles.
eNCA, South Africa’s first 24-hour television news channel, is part of eMedia Investments.
eMedia Investments is owned by eMedia Holdings alongside Venfin Media Beleggings, which is owned by Johann Rupert’s Remgro.
eMedia Holdings’ major shareholder is HCI, which is owned by SACTWU, a trade union.
So, you have a trade union that represents workers against Capital while holding a majority interest in a newsroom that covers labour disputes, including those involving its own.
When eNCA covers strikes, retrenchments or wage negotiations in the clothing and textile sector, SACTWU is both subject of the news and part-owner of the outlet covering it. This feels like a conflict of interest, but who knows🤷🏾♂️
eNCA claims “independence” from shareholders, as if ownership does not shape tone, coverage or omissions. But I believe them because they’re honest and ethical people.
If the apartheid state could deliberately structure the economy to benefit a particular group, then a democratic state cannot simply stand aside and expect the economic structure inherited from apartheid to transform itself.
Stokvels will get you nowhere on your wealth creation journey.
Stokvels are a cash flow mechanism because you can't work with money.
You don't earn interest.
You don't learn to save.
You never create any long-term wealth.
Decades of growth are lost because you circle around funds until it's your turn to receive.
We have people investing R500 a month.
Someone else is investing R50,000.
Someone in their 30s this week deposited roughly R2million in their first deposit! (Im not jealous😭)
That's the thing about investing.
There is no "type" of person who invests.
There are just people putting their money to work.
#Thrive | #EasyEquities