Who Owns Whom

Blogs

Nationalising the South African Reserve Bank (SARB)

There is much speculation on the ANC nationalising the SARB and the consequent impact on the banking sector. Although the central banks of the US, Belgium, Greece, Italy, Japan, Switzerland and Turkey have private shareholders, this is unusual and South Africa remains the only central bank in Africa with private shareholders. Read More

Land Restitution

The ANC’s land summit decision to expropriate land without compensation has raised concerns for a negative impact on property valuation and a consequent risk to the banking sector, but it should be viewed in context. Land restitution in South Africa is an imperative if we are to live in a just society. When South African soldiers returned from World War 2, the white soldiers were given farms and the black soldiers received bicycles. Read More

Tunnels and Ferries

We recently returned from a trip to Norway. It was a poor rural agricultural and fishing nation until the discovery of offshore oil in the early 1970s and it now has the second-highest GDP per capita in the world after Switzerland. The country has used its oil wealth to develop expertise in the building of tunnels and ferries which makes getting around Norway a largely stress-free experience. Read More

Investigating & Security Activities Including Vehicle Tracking in South Africa

The compliant private security industry consists of legally-registered business entities that provide on a contractual basis a broad range of services and technology involved in the monitoring, protection and safeguarding of people and property. Demand for private security services in South Africa is driven by the high level of crime, the inability of the South African Police Service to hold back the criminal onslaught and the public’s increasing lack of faith in the police’s ability to solve crimes. Read More