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Steinhoff inside SA's biggest corporate crash
On 5 December 2017 the Steinhoff group was still worth R199 billion. 24 hours later more than R160 billion of this fortune was wiped out. The Steinhoff empire, that took 20 years to build into an international business giant, had crumbled overnight. Markus Jooste, Steinhoff’s flashy CEO, resigned via sms and has since been fleeing an avalanche of scandals and accusations: luxury homes for a blonde mistress, allegations of fraud, racing horses and unparalleled extravagance, a lavish, black Jaguar for an old university residence”¦ What exactly happened here? Who knew what? What is Steinhoff, who is Markus Jooste and what does it all have to do with the so called Stellenbosch mafia? Where ...
The Dirty Secrets of the Rich and Powerful
In 2018 the world watched as 82 per cent of all wealth created was claimed by the top 1 per cent of the global population. The bottom 50 per cent of humanity saw no increase at all. While one new billionaire was created every two days, one in every four South Africans were living on less than R18 per day – not enough to buy a loaf of bread. Inequality has always been part of the world we live in, but in the past twenty years the situation has worsened. We have seen the rise of mega corporations, where regional companies have become global players: power brokers that are richer and more powerful than most countries. This has seen businesses record ever-increasing profits while they pay ever...
Heartbreaker
In this new biography of Chris Barnard we not only learn about the life of South Africa's most famous surgeon, from his Beaufort West childhood through his studies locally and abroad to his prominent marriages - and divorces - but James Styan also examines the impact of the historic heart transplant on Barnard's personal life and South African society at large, where apartheid legislation often made the difficulties of medicine even more convoluted. The role of black medical staff like Hamilton Naki is explored, as is the intense rivalry that arose between other famous heart surgeons and Barnard. How did Barnard manage to beat them all in this race of life and death? How much did his famous charisma have to do with it all? And in the light of his later years, his subsequent successes and considerable failures, what is Barnard's legacy today? Styan covers it all in this fascinating new account of a real heartbreaker.
Blackout
In 1998 the South African government was warned that the country was running out of electricity. Despite the warnings, the decision was taken not to invest in new power stations. Had the warnings been heeded, South Africa could have had a new power station up and running by 2006 and load shedding may never have happened. Instead, in 2007, as predicted, South Africa ran out of electricity. Eight years later, the crisis has deepened and despite assurances to the contrary by government leadership, it has the
Heartbreaker
In this new biography of Chris Barnard we not only learn about the life of South Africa's most famous surgeon, from his Beaufort West childhood through his studies locally and abroad to his prominent marriages – and divorces – but James Styan also examines the impact of the historic heart transplant on Barnard's personal life and South African society at large, where apartheid legislation often made the difficulties of medicine even more convoluted. The role of black medical staff like Hamilton Naki is explored, as is the intense rivalry that arose between other famous heart surgeons and Barnard. How did Barnard manage to beat them all in this race of life and death? How much did his famous charisma have to do with it all? And in the light of his later years, his subsequent successes and considerable failures, what is Barnard's legacy today? Styan covers it all in this fascinating new account of a real heartbreaker.
The Naturalist
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Ownership and Governance of Companies
Apartheid South Africa was often thought to run in the interests of the business elite. Yet 27 years after apartheid, those business interests remain largely entrenched. Why? Did the South African business community play a role in engineering this outcome – perhaps recognising the apartheid era was over, and jumping ship in time? Conversely, the mission of the ANC was widely perceived to be to shift wealth and power into the hands of the whole community. Yet despite ‘black empowerment’ measures, corporate ownership remains largely in white hands – and certainly in the hands of an elite few, even though no longer restricted to whites. This picture is replicated across the global south...
The Bosasa Billions
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Blue Book and Rules
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