Moody's, Standard & Poor's

Moody’s downgrades the big banks

Ratings agency Standard & Poor’s did not agree with Moody’s downgrade.

jerm-african-bank

African Bank

African Bank(rupt) are having a bad day at the office.

jerm-south-africa-business-confidence

Breaking up

Confidence in South Africa, where business is concerned, is the lowest it’s been in 15 years.

jerm-government-job

Getting a lucrative job

Isn’t that right, Thuthukile?

jerm-strikes-race

A relay race

The moment AMCU ends its strike, NUMSA begins its strike.

UPDATE: Sunday World‘s Mangena drew an almost identical cartoon on the same day.

platinum belt, camel, economy

The straw that could break the camel’s back

How much longer will those legs stand?

jerm-fitch-credit-rating

Credit rating downgrade

South Africa’s credit rating has been downgraded, largely due to strikes in the mining sector.

jerm-mine-strike-gdp

Harmful strikes

With no agreement between the mine bosses and unions, a recession looms.

jerm-nene-budget-deficit

Budget deficit

Finance Minister Nhlanhla Nene is overcome by the government’s heavy budget deficit.

jerm-reserve-bank-interest-rate

Low flying

With rising inflation, Gill Marcus is also in a bit of a hole.

jerm-eskom-ideas-peak-hours

Helping Eskom with ideas

Keep your good ideas to yourself.

jerm-carbon-tax-government

Carbon emissions

Because this is how the government works. It emits waste.

jerm-eskom-light-tunnel

The Tunnel

Here we go again.

jerm-joburg-wifi

Joburg wifi

My wifi prediction.

jerm-eskom-ceo

Eskom’s CEO

Eskom’s CEO isn’t the brightest of sparks.

Adcock Ingram CEO resigns

Adcock Ingram CEO resigns

From the business section of today’s Sunday Times, my cartoon revolves around a story that no one really cares about.

In a nutshell, Bidvest (Brian Joffe) won a long shareholder battle against Adcock Ingram (Jonathan Louw). As a result, Adcock’s CEO (Jonathan Louw) resigned.

Adcock Ingram makes drugs like Panado.

Gill Marcus interest rate

Gill Marcus is in a situation

Because it’s the truth.

Eskom business model

Buying electricity

Eskom’s business model is top notch.