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Showing posts from May, 2025

Trump and Cyril Ramaphosa - my theory

So, Ramaphosa met Trump. Cue the performative outrage. But behind the cameras, away from the staged handshakes, something bigger happened. Something quieter, and a lot whiter. Let’s talk about the new policy direction that suddenly appeared in our Government Gazette on 23 May 2025. Titled with all the dull, bureaucratic camouflage they could find, it’s really about one thing: letting multinational ICT corporations into South Africa without forcing them to sell equity to black South Africans — as long as they “invest” in transformation through what they call Equity Equivalent Investment Programmes (EEIPs). Sounds progressive? Read slower. It’s a corporate bypass valve, one already designed and requested long ago by the same big players who always seem to need a “special exemption” from black economic empowerment. Now, let’s talk timing. You don’t have to be a political analyst to notice that this policy shift drops immediately after Ramaphosa’s charm offensive in the US — where he rolle...