I am extremely proud of how our Federal Congress was run. I am proud of how our vibrant delegates from all nine provinces embraced the occasion, I am proud of how our robust debate was handled with decorum and respect, and I am proud of the outcomes we achieved, both in terms of leadership elected and policy adopted.
With the passing of Nomzamo Winnie Madikizela-Mandela the ANC has lost arguably the last of the giants in its political pantheon of leaders in whose reflected glory it could bask. From among her contemporaries many will seize the opportunity to join in the mourning of the “Mother of the Nation” without awareness about the role they have played in isolating her, but also in abandoning her revolutionary ethos.
The death of Winnie Madikizela-Mandela, the charging of former president Jacob Zuma and French arms company Thomson CSF/Thint/Thales with corruption, and the 25th anniversary of the assassination of Chris Hani have combined to bring South Africa’s arms deal scandal back into renewed focus.
Returning to university campus to graduate last week, I was reminded of how hypocritical institutions of higher education are. They encourage robust debate, questioning what has been taken as the norm and lack of representation, yet they fight attempts to change the status quo on campuses at every turn.
Over the past decade passive fund managers have been resolute in their investment case against active fund managers. The theory they put forward is that replicating a market index based on a straightforward methodology such as a market capitalisation weighted process will outperform active managers.