Mail & Guardian
Mail & Guardian
Patrick Bond

Creator

Patrick Bond

Guest Author

A general view of containers that fell over at a container storage facility following heavy rains and winds in Durban, on April 12, 2022. (Photo by PHILL MAGAKOE / AFP)

Flood-prone Durban ill-equipped to weather the climate crisis

The eThekwini metro’s climate action plan lacks urgency and the state remains wedded to fossil fuels, mining, high-energy refining and smelting

President Cyril Ramaphosa

Cyril’s industrial reboot will not drive economy to success

The president disclosed a development U-turn but the Special Economic Zones and China’s carbon intensive interests are likely to prevail

In the tale of two burning rainforests, there is a common thread: As the flames roar through the Amazon and South-east Asia, hopes of limiting greenhouse gases are going up in smoke. (Ricardo Moraes/Reuters)

As Bolsonaro incinerates the Amazon, urgent action is needed for climate justice

As South Africans, we must support the fight to save the Amazon, but also take a strong stand on environmental concerns that are closer to home

Economists widely expect the South African Reserve Bank’s monetary policy committee to once again hold the interest rate at 8.25% when it concludes its meeting on Thursday.

SA’s monetary policy needs a serious overhaul

Recent pronouncements by Lethuli House, and Ace Magashule in particular, merely muddied the waters

For South Africa to really contribute to the global efforts to save our planet from climate change and ecological devastation, we first need to put our house in order. (Delwyn Verasamy/M&G)

The triumph of Trumponomics

The budget serves the interests of the rich and powerful and punts crumbs for the poor as meaningful advances

Christine Lagarde (AFP)

Is Tito preparing an IMF financial parachute, now a $171bn foreign debt cliff looms?

The reason for the International Monetary Fund’s Christine Lagarde’s visit to South Africa is unknown

Indian demonstrators burn an effigy of Vedanta Resources boss Anil Agarwal because of the killings of at least 10 people during a protest about pollution from a copper factory. (Arun Sankar/AFP)

Activists go for weakened mining

An international forum draws strength from worldwide protests against extraction

Finance minister Tito Mboweni faces an unprecedented task in delivering this year’s budget. (Roger Bosch)

Mboweni misses the big picture

Global finance, procurement fraud and mega projects flash warnings

Samir Amin was as ruthless a critic of extreme religious movements as he was of neoliberal imperialism. (Ricardo Ramirez)

Salute to a giant African academic

Samir Amin was a fearless scholar whose ideas will long outlive him

President Jinping warned that the trade war between China and the US will not see any winner.

At Brics think tank, scholars get drunk on their own rhetoric

One of South Africa’s highest-profile intellectual vehicles appears to be a victim of drunken driving by scholars

Quiet fury: Economist Sampie Terreblanche did not go gentle into that good night

SA economist whose work went global wrote with a deep idealism

‘Terreblanche wrote with a deep idealism in a country frequently with the highest levels of inequality’

Trickle: The labour movement and others criticise the budget for its increase in value-added tax

A case of talk left, budget right

Let’s not fool ourselves: this is not a budget that’s friendly to the poor or the vulnerable

Loss? Copper

Looting of Africa calls for action

Top-down regulatory measures come to naught, so the battle must be fought from the bottom up

Simmering anger: The year was marked by protests in Zimbabwe. But the brutal state response

Zimbabwe suffers an elite transition while economic meltdown looms

Hoarding cash under the mattress represents one form of stored value during crisis, since placing them in bank accounts risks Reserve Bank seizure.

The poor face double-digit inflation

Look beyond the fawning and you’ll see some horrifying flaws in Finance Minister Pravin Gordhan’s budget, writes Patrick Bond.

Why South Africa should undo Mandela’s economic deals

SA’s transition into democracy involved compromises that left white privilege intact and black poverty undiminished.

The head of the Global Reporting Initiative says the practice deserves strong repudiation because it misleads investors and other stakeholders.

Capitalist contradictions

Now is the moment to put moral pressure on big business, as job cuts, pollution and capital flight reach record levels, writes Professor Patrick Bond.

It’s a steal: Local companies have been hit hard by an increase in Chinese steel imports.

SA bonded to a stupid economy

Resistance is rising to the liberalising ideology of the South African state and corporate elites, says Patrick Bond, who is on an M&G Lit Fest panel.

Brics bank to bolster IMF, World Bank

SA’s appointees undermine the bank’s claims of being an alternative to Washington financiers.

Some Chinese companies that have concluded contracts with farmers in Zimbabwe have been accused of super-exploitation.

Marxists plot new course for Mzansi

The friction between different schools of socialist thinking has produced more light than heat for South Africa.