The crisis of SA’s state-owned enterprises (SOEs) is a reminder that state ownership should be limited to situations where alternatives are truly absent. It is a test that most of them fail to pass.
Is Minister Pravin Gordhan on a fool errant in his strategy to save South African state owned companies through good governance? Eunomix CEO, Claude Baissac argues the Minister is attached to a model of public ownership that is unfounded in economics and is ruinous to the Treasury and country.
Public enterprises minister Pravin Gordhan is a man of integrity. He stood against the brazen corruption of the Jacob Zuma mafia, though, like the rest of his group, admittedly too late to spare the country a crisis.
Helen Zille has a thick skin second to none. Despite much criticism of her comments about various issues, and an outcry about her return to a key position in the Democratic Alliance, an important opposition party in South Africa’s political arena, Zille is pressing on with her vision for the party and South Africa.
The interest of international investors in the African continent is growing, as can be seen by good attendance at the Africa Investment Forum held in Sandton. CNBC Africa’s Fifi Peters spoke to Markus Pietikäinen, Chief Investment Officer of Finnfund and Claude Baissac, CEO of Eunomix about their experience at the AIF, development of entrepreneurs, access to finance and other key issues.
Join Eunomix, the Government of Canada, Norton Rose and Mining Dialogues 360 to Norton Rose House, 8 Riebeek Street in Cape Town for an enlightening conversation about the impact of climate change on mining.
Eunomix has been invited to attend the BUSA 2020 Business Economic Indaba, to be held on 14 January in Johannesburg. Cyril Ramaphosa will open the event with a keynote address. Breakaway sessions will cover energy security, state capacity, critical economic sectors, economic structure and the fourth industrial revolution.
EunomixGCR: Tracking and forecasting Africa’s performance and trajectory. A data-centric perspective
Geopolitical & country risk is at a 25-year high. In South Africa, political risk is at the highest since 1995. This Masterclass will explore: 1) Global trends in geopolitical and SA risk, 2) How business is impacted ; 3) Current approaches to GCR management' 4) How to initiate risk analysis and reduction in practical and cost-effective ways.
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Eunomix Business & Economics Ltd™ is incorporated in Mauritius, and Eunomix Research™ is incorporated in South Africa.
These things my spirit bids me
teach the men of Athens:
brings countless evils for the city,
but Eunomia brings order
and makes everything proper,
by enfolding the unjust in fetters,
smoothing those things that are rough,
sentencing hubris to obscurity
making the flowers of mischief to whither,
and straightening crooked judgments.
It calms the deeds of arrogance
and stops the bilious anger of harsh strife.
Under its control, all things are proper
and prudence reigns human affairs
Thus wrote the Athenian statesman Solon, philosopher and poet in the 6th century BC, of Eunomia, daughter of Zeus, who in dreams would appear to the rulers of the city-state and inspire them to legislate and rule justly and competently.
Eunomia, it seems to us, represents the ideal metaphor of the proper management of human affairs, and has inspired the name EunomixTM.