DOCSLIB.ORG

Governance and Risk

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Governance and Risk Governance and risk De Beers (the Company) was formally incorporated in Luxembourg in November 2000. It is the holding company of what is regarded as the De Beers Group. The Company is managed and controlled These are lodged with the Registre du The Management Contract was also from its head office in Luxembourg where Commerce and other authorities in concluded on 30 January 2002: CMSL has the Board meets to attend to the business Luxembourg as well as being sent to each been appointed to assist in the appointment of the Group. Its commercial activities are of the shareholders directly. These accounts of directors, senior executives and carried out by a number of subsidiaries, are submitted to the Annual General management. It also assists in the strategic investments and joint ventures which it Meeting of shareholders of the Company development of the De Beers Family of finances in different parts of the world. held in March each year. Companies. CMSL is a company within the Central Holdings group (representing the Together, these subsidiaries and Appointment of Board Members Oppenheimer family). investments in joint ventures constitute The Articles of Incorporation relate to the the Family of Companies. legal establishment and registration of Composition and independence De Beers as a joint stock corporation in As of 31 December 2010, the De Beers Board Taxes and royalties to governments are paid Luxembourg. As the legal constitutional consisted of 14 directors, reducing to 13 on 1 by each of the different subsidiaries and instrument, it allows for a minimum of three January 2011. During 2010, resignations from investments in a manner consistent with and a maximum of 20 directors. the board were received from Robin Mills, the requirements of the jurisdiction in which Sir Chips Keswick, Anthony Oppenheimer, they operate. De Beers prepares annual and The shareholders and CMSL are directly Gareth Penny and Gabaake Gabaake, while independently audited statutory accounts responsible for the appointment and Boikobo Paya joined the Board. Jim Gowans of both the Company and the Group in removal of directors in accordance with the also joined the board in March 2010, to be accordance with International Financial provisions of the Shareholders’ Agreement withdrawn on 1 January 2011 on taking Reporting Standards. and Management Contract. This ensures that up the position of Managing Director of the shareholders they represent have a clear Debswana Diamond Company (Proprietary) voice in Board meetings and decisions. Limited with effect from the same date. Lobby at 17 Charterhouse Street Operating & Financial Review 2010 De Beers 29 Governance and risk continued Four directors on the Board serve in an Structures under the Board executive capacity and are members of the The Board is responsible for the Group’s Executive Committee. Each shareholder group system of governance and is ultimately is entitled to nominate two persons for accountable for the strategic direction of the appointment to the Board. Accordingly, six business and all activities across the Family of directors, four of whom are non-executives Companies. This includes setting risk and two executives (the Chairman, Nicky management policy, reviewing the Oppenheimer, and Jonathan Oppenheimer) effectiveness of risk management processes, are currently appointed under the appropriate recommending enhancements and ensuring clauses of the Shareholders’ Agreement. effective succession planning. The role of the Chairman is quite distinct It also provides oversight of, and consultation from that of the Chief Executive Officer. to, the different business entities across the As defined in the Shareholders’ Agreement, Family of Companies on governance up to ten independent directors may be structures and on the identification, appointed by CMSL under the Management appointment and training of directors. Contract in consultation with the The Board also reviews reputation and shareholders. Independent directors are sustainability performance and risks on those appointed independently of the at least an annual basis in line with the shareholders’ direct entitlement. formal risks review process. Nicky Oppenheimer at Venetia Mine A majority of these independent directors Detail on these risks is presented in the must be employed or hold executive office introductory statement of the Chairman and with De Beers. Three directors, one of whom performance overview of the Acting Joint is non-executive, are currently appointed to Chief Executive Officers, as well as in our the Board under the appropriate provisions Report to Society 2010, which will be of the Management Contract. published in May 2011. The De Beers Board is supported in its decision-making by six Additional independent directors may be committees: the Executive Committee, the appointed by shareholders by majority Audit Committee, the ECOHS Committee, the consent or majority vote at the Annual Investment Committee, the Remuneration General Meeting of shareholders. Four Committee and the Treasury Committee. non-executive directors are currently appointed to the Board in this manner under Although not an official committee under the the appropriate provisions of the Board, the Principles Committee provides Shareholders’ Agreement. Accordingly, of the further review and scrutiny on the extent to 13 directors currently in office, seven are which the Family of Companies contributes independent directors (as defined in the to sustainable development and operates in Shareholders’ Agreement) and nine are conformance with its Principles. non-executive directors. A number of directors have both independent and In 2008, the Board adopted a Board Charter non-executive status. which, inter alia, sets out the mandate of the Board and those powers reserved to it. Risk management The shareholders and Board recognise that engaging risk is at the core of the business. De Beers is governed by a risk framework through which risks are proactively identified, engaged and managed. This includes taking advantage of opportunities and protecting capital, income and assets by mitigating the adverse impacts of risk. 30 De Beers Operating & Financial Review 2010 Sustainability Our commitment to operating in a responsible and sustainable manner sits at the heart of the De Beers business strategy. It requires us to strike the balance between delivering good financial returns, while also addressing the risks that could affect the sustainability of the business and the societies in which we work, and the reputation of the De Beers Family of Companies. Contributing to sustainable development Committee and associated peer groups act in Our understanding of sustainability is shaped the same way, providing strategic direction by the societal imperatives of our partner on ECOHS disciplines to the business units. governments and communities. This includes Wildlife living near Debswana operations helping to define the role of business in Our Best Practice Principles framework (BPPs) contributing to a vision of an ever more also drives sustainability performance by prosperous Africa. We aim to maximise our providing a comprehensive third party contribution to sustainable development verified assurance programme to ensure the through beneficiation activities to support effective management of key risks across the downstream diamond-sector activity in diamond pipeline. The BPPs outline strict producer countries, community social requirements regarding compliance to the investment, and local enterprise generation Kimberley Process and associated System of through preferential procurement. Warranties. They also set out clear minimum standards of performance against a range of Our approach to sustainability is focused on other criteria including social, environmental, managing and mitigating those risks that can labour, and health and safety standards, and affect our commercial interests by product integrity requirements including the undermining consumer confidence in disclosure of synthetics, treatments and diamonds or impacting on our access to simulants. All entities within the De Beers supply. These relate primarily to: ensuring our Family of Companies as well as all social licence to operate, conflict diamonds, Sightholders and significant contractors are social and environmental conditions in cutting required to comply with the BPPs. and polishing operations, the use of diamonds by criminal syndicates, and issues around Annual Report to Society product integrity. More information on our sustainability approach can be found in our award-winning Managing sustainability risks annual Report to Society, which can be We prioritise and categorise sustainability accessed at www.debeersgroup.com/ risks into five key areas: economics, ethics, sustainability. The 2010 Report to Society employees, communities and environment. will be available online and as a concise Extensive stakeholder engagement printed Review from May 2011. Please order processes help us to assess the relevance and a hard copy online by completing the materiality of each risk and to develop RtS Order Form on the microsite for appropriate management responses. this Operating and Financial Review (www.debeersgroup.com/ofr2010). Ongoing stakeholder engagement is one element of a broader sustainability management framework, which also includes the Principles Management Committee, the Environment, Community, Occupational Hygiene, Health and Safety (ECOHS) Committee (at Board level) and local ECOHS functions
Load more

Recommended publications
  • Anglo American AGM Transcript
    ANGLO AMERICAN AGM 21st APRIL 2011 SIR JOHN PARKER: Well a very good morning ladies and gentlemen and welcome to the Anglo American AGM and especially to those of you who may have travelled some distance to be with us. Before we start the meeting properly, I need to give you some safety information. Please listen carefully to the following emergency instructions, look for your nearest marked fire exit now. In the unlikely event of an emergency during the AGM, a warning sign will be given and an announcement will be made over the public address system and if an immediate evacuation is necessary, trained staff in highly visible jackets, will be available to assist you. You should leave the building by the nearest available fire exit stairs, as in an emergency you will not be able to use the passenger lifts. Make your way to the assembly point which is across the road and near the column outside Westminster Abbey, opposite the front of this conference centre’s main entrance. Anyone requiring special evacuation assistance because of impaired mobility should make themselves known to one of the marshals if they haven’t already done so. Thank you. Notice of this meeting was sent to shareholders on the 21st March 2011 and a quorum is present and I therefore declare this meeting duly constituted. The Notice convening the meeting has been in your hands for the prescribed period and I propose that it be taken as read. Is this agreed? Thank you. In accordance with best practice, we’re going to hold a poll on each resolution and you should have been given a handset at registration for the purpose of voting your shares.
    [Show full text]
  • Report on Anglo American's Track Record
    By Philip Mattera For more information on Anglo American’s track record or the proposed Pebble mine, go to www.eyeonpebblemine.org. Cover photo: Iduapriem Mine Courtesy of Jamie Keen, Mining Watch Canada COMMUNITY, WORKER SAFETY, PUBLIC HEALTH, AND ENVIRONMENTAL PROBLEMS AT ANGLO AMERICAN MINING OPERATIONS By Philip Mattera July 2008 Philip Mattera is a veteran corporate researcher who works with a variety of public interest groups and labor unions. Earlier in his career he was a reporter-researcher for a major business magazine. He is the author of four books—including World Class Business: A Guide to the 100 Most Powerful Global Corporations—and is a member of the National Writers Union. He can be reached at: [email protected]. © 2008 Philip Mattera The following organizations - representing Alaska Native corporations, commercial fishing companies, sportsmen, conservation interests, and businesses - are committed to the protection of the Bristol Bay watershed and the tremendous salmon fishery that it sustains. This report was commissioned by these organizations to gain a better understanding of Anglo American’s corporate history and track record. While the organizations commissioned this research, they are not responsible for its content, which is the sole responsibility of the author. Nunamta Aulukestai (Caretakers of Our Land) Renewable Resources Coalition Table of Contents Executive Summary . 4 Introduction ............................................................................ 5 A Short History of Anglo American........................................................... 6 Key Financials . 7 Anglo American’s Record on Environmental Protection, Worker Safety, Community Impacts and Human Rights at Its Hardrock Mining Operations:........................................... 8 1. Sulfur dioxide emissions and spills at platinum mines in South Africa.................................. 8 2.
    [Show full text]
  • Anglo American Agrees Acquisition of Oppenheimer Family's 40% Interest
    CHL H OLDINGS LIMITED NEWS RELEASE 4 November 2011 Anglo American agrees acquisition of Oppenheimer family’s 40% interest in De Beers for US$ 5.1 billion Anglo American plc (“Anglo American”) and CHL Holdings Limited (“CHL”) announce their agreement for Anglo American to acquire an incremental interest in De Beers, increasing Anglo American’s current 45% shareholding in the world’s leading diamond company to up to 85%. Anglo American has entered into an agreement with CHL and Centhold International Limited (“CIL”), together representing the Oppenheimer family interests (“CHL Group”), to acquire their 40% interest in DB Investments and De Beers sa (“De Beers”) for a total cash consideration of US$5.1 billion, subject to adjustment as provided for in the agreement. Under the terms of the existing shareholders’ agreement between Anglo American, CHL and the Government of the Republic of Botswana (GRB), the GRB has pre-emption rights in respect of the CHL Group’s interest in De Beers, enabling it to participate in the transaction and to increase its interest in De Beers, on a pro rata basis, to up to 25%. In the event that the GRB exercises its pre- emption rights in full, Anglo American, under the proposed transaction, would acquire an incremental 30% interest in De Beers, taking its total interest to 75%, and the consideration payable by Anglo American to the CHL Group would be reduced proportionately. Anglo American has a deep knowledge and understanding of De Beers and an appreciation for the unique nature of diamonds, having been the company’s largest shareholder since De Beers became a private company in 2001 and as a longstanding shareholder in De Beers prior to that.
    [Show full text]
  • NUM Throws Full Weight Behind Anglo Silicosis Claimants
    NUM throws full weight behind Anglo silicosis claimants By: Martin Creamer 13th May 2011 South Africa’s National Union of Mineworkers (NUM) has thrown its full weight behind silicosis sufferers’ claims against diversified mining major Anglo American. While the NUM is again angered by a 27% increase in mine fatalities in the first three months of 2011, it says that the number of deaths from respiratory disease are even greater than those from mining accidents. Anglo American South Africa is the defendant in a litigation case brought by law firm Richard Meeran & Co against Anglo American plc on behalf of 18 former AngloGold employees. The NUM has resolved to support every mine-worker and ex-mine worker who is attempting to seek recourse against mining companies, including the effort of the AngloGold 18 against Anglo American, and it will do so on its own terms, and not necessarily on the terms of the lawyers representing the claimants. Thousands of South African miners have contracted silicosis and silicotuberculosis in the last 100 years of mining and the Mine Health and Safety Council has launched a series of roadshows to increase awareness of silicosis, an incurable occupational lung disease caused by the inhalation of crystalline silica dust, and marked by lesions in the upper lobes of the lungs. Both Anglo chair Sir John Parker and Anglo CEO Cynthia Carroll announced in their introductory remarks at last month’s annual general meeting in London that the company would assist former miners in South Africa who are ill with silicosis and silicotuberculosis and who are suing the company.
    [Show full text]
  • Harmony and Discord in South African Foreign Policy Making
    Composers, conductors and players: Harmony and discord in South African foreign policy making TIM HUGHES KONRAD-ADENAUER-STIFTUNG • OCCASIONAL PAPERS • JOHANNESBURG • SEPTEMBER 2004 © KAS, 2004 All rights reserved While copyright in this publication as a whole is vested in the Konrad-Adenauer- Stiftung, copyright in the text rests with the individual authors, and no paper may be reproduced in whole or part without the express permission, in writing, of both authors and the publisher. It should be noted that any opinions expressed are the responsibility of the individual authors and that the Konrad-Adenauer-Stiftung does not necessarily subscribe to the opinions of contributors. ISBN: 0-620-33027-9 Published by: Konrad-Adenauer-Stiftung 60 Hume Road Dunkeld 2196 Johannesburg Republic of South Africa PO Box 1383 Houghton 2041 Johannesburg Republic of South Africa Telephone: (+27 +11) 214-2900 Telefax: (+27 +11) 214-2913/4 E-mail: [email protected] www.kas.org.za Editing, DTP and production: Tyrus Text and Design Cover design: Heather Botha Reproduction: Rapid Repro Printing: Stups Printing Foreword The process of foreign policy making in South Africa during its decade of democracy has been subject to a complex interplay of competing forces. Policy shifts of the post-apartheid period not only necessitated new visions for the future but also new structures. The creation of a value-based new identity in foreign policy needed to be accompanied by a transformation of institutions relevant for the decision-making process in foreign policy. Looking at foreign policy in the era of President Mbeki, however, it becomes obvious that Max Weber’s observation that “in a modern state the actual ruler is necessarily and unavoidably the bureaucracy, since power is exercised neither through parliamentary speeches nor monarchical enumerations but through the routines of administration”,* no longer holds in the South African context.
    [Show full text]
  • A Review of Debswana‟S Performance Pre and Post the Acquisition of De Beers Shares by Anglo American Plc
    A review of Debswana‟s performance pre and post the acquisition of De Beers shares by Anglo American plc. Khumo Mothulatshipi A research report submitted to the Faculty of Engineering and the Built Environment, University of the Witwatersrand, in partial fulfillment of the requirements for the degree of Master of Science in Engineering. Johannesburg, 2015 Declaration I declare that this research report is my own unaided work. Where work of other authors has been used, it has been duly acknowledged. It is being submitted for the Master of Science in Mining Engineering to the University of the Witwatersrand, Johannesburg. It has not been submitted before for any degree or examination to any other university. ………………………………………………………………. Signature …………… day of ……………………year ………………………………….. i Abstract The minerals industry has in the last decade witnessed volatility, uncertainty, complexity and ambiguity (VUCA). The diamond industry has not been immune to these challenges. These challenges coincided with the decision of the diamond mining family in 2011 to opt out of De Beers after approximately a century of being in control by selling their 40 % stake to Anglo American plc (AA) which already had 45 % stake in De Beers. This transaction increased Anglo American plc‟s stake in De Beers to 85% thus joining venture with the Government of the Republic of Botswana (GRB) under an already existing entity called Debswana. Botswana has been hailed as a beacon of success and a model African state both politically and economically mainly due to its effective management of economic proceeds generated mainly through Debswana diamonds. Something that might be seen as a possible threat to this economic stability is the merger and acquisition (M&A) between the GRB and AA.
    [Show full text]
  • Cynthia Carroll As a CEO and As an Independent Director
    Cynthia Carroll as a CEO and as an independent director ⽥辺総合法律事務所 （公益社団法⼈）会社役員育成機構 BDTI 市川佐知子 1 The World’s Most Powerful Women 2 • Born in NJ, USA, in 1956. • Graduated from SKidmore College, geology in 1978. • Master in geology Univ. of Kansas in 1982. • Joined Amoco as a petroleum geologist. • Harvard MBA with honors in 1989. • Joined Alcan Inc., based in Montreal, Canada. – Started out as business analyst. – Promoted to VP and GM of Foil Products • A foil laminating plant in KentucKy. – The president of the Foil Products division was concerned about… 3 • Experienced the potential loss of a major customer, one that accounted for fully one-third of the division’s profit. • As the managing director of Alcan’s Aughinish Almina division in Ireland in 1996, the EU’s environmental regulation and tax rules threatened Alcan’s existence. • She recalled: “You can be influenced in all sorts of ways, but if you think it’s the right thing to do- and even if you are the only person with that view- in the end, that’s what you do.” 4 • Promoted to president of Bauxite, Almina & Specialty Chemicals Group in 1998. • Promoted to president of Primary Metal Group in 2002. – Integration of Pechiney’s primary metals business – In 2006, Alcan’s Primary Metal Group accounted for $12 billion , or 75% of Alcan’s total annual turnover. • Left Alcan, joined Anglo American plc. as its chief executive. • Also become a non-executive board director of BP. – Amoco (Carroll’s first company) had merged with BP in 1998. 5 • The world’s No.
    [Show full text]
  • Another Giant Mining Fortune Represented in the Pilgrims Society (History’S Biggest Pandora’S Box!)
    ANOTHER GIANT MINING FORTUNE REPRESENTED IN THE PILGRIMS SOCIETY (HISTORY’S BIGGEST PANDORA’S BOX!) Presented October 2017 by Charles Savoie Refused coverage by Dave Janda, Greg Hunter, And dozens of “alt media” You Tube channels! Refused coverage by 24 Hour Gold, Silver Seek, And the rest of the “Ha-Ha” Parade! (Save this in your Downloads File; read in several sessions.) In April we reviewed details on James Ben Ali Haggin (1827- 1914, Episcopalian; Pilgrims Society member known as “the greatest mine owner on earth”) in “Silver Mining Kingpin Opposed Silver Money.” In August we reviewed the Guggenheim mining dynasty in “Vast Mining Fortune Represented in Pilgrims Society World Money Trust.” This item will be about the South Africa Oppenheimer mining fortune (diamonds, gold, platinum, uranium, titanium, zinc, copper, cobalt, coal, chemicals, manganese, rhodium, nickel, iron etc.) and there was a marriage in 1660 between the Guggenheims and Oppenheimers, back in the Old World. Not only that, but Jakob Oppenheimer ran a bank at Hanover, Germany, where the first Rothschild was an apprentice during 1757-1763! Samuel Oppenheimer (1630-1703) was military supplier to King Leopold I of Hungary, Croatia and Bohemia. The Guggenheims appear to have mostly died out and those still bearing that name being of lesser influence, the fortune shifting into Episcopalian hands (The Lawson-Johnstons, Episcopalians and Pilgrims Society members). I realize those releases were way longer than most metals investors are used to reading (539 pages together) but the background on Haggin, the Guggenheims and the Lawson-Johnstons is extensive, and in fact, I only provided a basic outline on both.
    [Show full text]
  • De Beers Operating and Financial Review 2011
    Operating and FINANCIAL REVIEW 2011 The Debmar Atlantic, moored kilometres 35 off the Namibiancoastline About this report This report relates to the performance of De Beers sa and is designed to be read alongside our Report to Society 2011, to be released later this year. These reports form part of our annual reporting cycle and together cover the financial and sustainability performance of the De Beers Family of Companies. Both reports adhere to Global Reporting Initiative Sustainability Reporting Guidelines and form part of our Communication on Progress to the United Nations Global Compact. www.debeersgroup.com Contents Our company Introduction from the Chairman CEO statement 02 De Beers produces and sells 04 Executive Chairman of De Beers 05 Philippe Mellier reviews approximately 35% (by value) of since 2000, Nicky Oppenheimer performance across the Group Countries in which De Beers the world’s rough diamond supply looks back on key developments in 2011. conducts exploration, mining, rough diamond sales and downstream from our mining operations in across the Family of Companies value-creating businesses. Botswana, Namibia, South Africa in 2011. and Canada. Group Exploration Production Rough diamond sales 09 In 2011, our Exploration division 10 2011 performance overviews from 15 2011 performance overviews continued to develop programmes our mining operations in Botswana, from our rough diamond sales in Angola, India, Botswana, South Namibia, South Africa and Canada, businesses: the Diamond Trading Africa and Canada. and from Element Six, our global Company and Diamdel. supermaterials business. Brands Financial highlights Governance and risk 17 2011 performance overviews from 19 Full 2011 financial results, including 23 Summary of our governance our diamond marketing and retail our consolidated income systems, including the appointment businesses: Forevermark and De statement, consolidated balance of directors, composition Beers Diamond Jewellers.
    [Show full text]
  • Focused on Delivery
    ANGLO AMERICAN PLC ANNUAL REPORT 2013 ANNUAL REPORT 2013 FOCUSED ON DELIVERY FOCUSED ON DELIVERY Other sources of information In a world where people want to build a better life for themselves and their families, but where resources are limited, Anglo American seeks to generate sustainable value from a country’s mineral resources for the You can find this report benefit of its people. and additional information about Anglo American on We will deliver an attractive and differentiated value our corporate website. proposition to our shareholders, business partners Although we have chosen not to produce and other stakeholders by having the right assets and an ‘integrated report’, technical expertise, the right people working with our we have included a comprehensive overview partners, and a commitment to responsible mining that of our non-financial performance in this report. will support us in delivering the products that make More detailed information our world work. on our sustainability performance is provided in our Sustainable We are focused on delivering our targeted returns to Development Report. shareholders while creating value for all our partners This can be found on and stakeholders. our corporate website. For more information, visit www.angloamerican.com/ reportingcentre PERFORMANCE HIGHLIGHTS CONTENTS FINANCIAL PERFORMANCE UNDERLYING Strategic report OPERATING PROFIT 02 Chairman’s statement 04 At a glance 2009 (2012: $6.3 bn) 06 Marketplace 0 0 08 Chief Executive’s statement 2010 12 Why mining matters 25 $6.6 bn 14 Our strategy
    [Show full text]
  • SO UTH AFRICA INC. the Oppenheimer Empire DAVID
    SO UTH AFRICA INC. The Oppenheimer Empire DAVID PALLISTER SARAH STEWART IAN LEPPER LOWRY PUBLISHERS MEDIA HOUSE PUBLICATIONS E116210 338 Cape Town City Libraries Contents 2 9 FEB 1988 Preface and Acknowledgements Kaapse Stadsbiblioteek Abbreviations Chronology 1 A Day Out to Carletonville 2 The Oppenheimer Dynasty 3 Early Days ISBN 0 947042 23 7 4 The Importance of Being Harry First published in South Africa in 1987 by 5 From Sharpeville to Soweto Media House Publications (Pty) Limited 6 Bringing in the Yankee Dollar Box 782395, Sandton 2146 7 The Diamond Conspiracy In association with Lowry Publishers Cc 8 The Golden Arc Box 30685, Braamfontein 2017 9 Working for Anglo 10 Playing the Black Markets © 1987 David Pailister, Sarah Stewart and Ian Lepper 11 The Lair of the Lion This book is copyright under the Berne Convention. 12 Crossing the River No reproduction without permission. All rights reserved. Appendix: Profile of the Anglo Group Notes and References Printed and bound in Great Britain by Bibliography A. Wheaton & Co. Ltd, Exeter Index To the black miners of South Africa Preface and A cknowledgements The Dutch first came to South Africa in 1652, when Jan van Riebeeck founded a small settlement at the Cape of Good Hope as a way-station to the East for the Dutch East India Company, In crossing the river I become a new man, but it was not until two centuries later that the region began to be of real interest to Europeans. In 1867 diamonds were first Different from the one I was at home. discovered there and in 1884 the first South African goldfields At home I was secure were opened.
    [Show full text]
  • State & Nation
    ISSUE 81 • DECEMBER 2017 STATE & NATION ANTONIE | DOMINY | KOK | MEYER | MOTLANTHE | SWART REVIEWS | COOVADIA | DOMINY | EGAN | RALFE | SMUTS helen.suzman.foundation Director Francis Antonie Editor-in-Chief Francis Antonie Principal Sub-editor Rafael Friedman Board of Trustees Cecily Carmona Daniel Jowell David Unterhalter Gary Ralfe Jane Evans Kalim Rajab Ken Andrew STATE Paul Galatis & Phila Zulu Richard Steyn Rosemary Smuts Temba Nolutshungu Design & Layout Alison Tomlinson Focus is published by The NATION Helen Suzman Foundation, Postnet Suite 130 Private Bag X2600 Houghton, 2041 No 2 Sherborne Road Parktown, 2193 Email: [email protected] Website: www.hsf.org.za ISSN 1680-9822 Contributors Francis Antonie Imraan Coovadia (Review) Graham Dominy + (Review) Anthony Egan (Review) Cecelia Kok Kgalema Motlanthe + (Review) Willem Meyer Gary Ralfe (Review) Rosemary Smuts (Review) Mia Swart CONTENTS Editorial 2 Francis Antonie The Spirit of Generosity: Power and Privilege in Politically Uncertain Times 5 Kgalema Motlanthe Helen Suzman Sermon 15 Francis Antonie Pulling the Wool Over Everyone’s Eyes: Reflections On South Africa and The International Criminal Court (ICC) 19 Cecelia Kok Man a Machine and Society 27 Willem Meyer Opening Pandora’s Box? On Revealing the Private Funding of Political Parties 32 Mia Swart Limitations On Liberalism: A Tale of Three Schreiners 38 Graham Dominy BOOK REVIEWS The Cowboy Capitalist: John Hays Hammond, The American West & The Jameson Raid Charles van Onselen Anthony Egan 50 A Man Of Africa : The Political Thought of Harry Oppenheimer Edited by Kalim Rajab Gary Ralfe 53 The Rise And Fall Of An African Eden Wildlife At War In Angola Brian J.
    [Show full text]