Redistribution

• The deal, in addition to existing agreements with The Realty Alliance and the National Association of Realtors, brings ICE’s MLS data coverage to well over 90% of active listings.
• The company aggregates and distributes data from participating organizations and brokerages, providing unbiased, up-to-date MLS data directly from the source.
• “We’re delivering clean, standardized MLS data directly from the source, and specifically on behalf of the producers of that data.
• Working with ICE in this way will help us to build on our vision and deliver better real estate data to those who need it.”

• Louis is the gateway to the West, and this investment marks another important step for REdistribute as we continue to expand our residential real estate coverage across the nation,” said Amy Gorce, CEO of REdistribute.
• In contrast, REdistribute pulls data from participating Multiple Listing Services, where real estate professionals update property listings daily.
• “We wanted to invest in REdistribute and contribute our valuable real estate data to a joint venture that can return value to our members,” said David Price, President & CEO of MARIS.
• Licensing and access to REdistribute data are now available in the country’s most active real estate markets.

• The end of apartheid in 1994 and advent of constitutional democracy resulted in major societal changes in South Africa.
• The country’s constitution commits the government to take remedial action to address the legacy of past discrimination and injustice.
• It must improve the quality of life of all citizens and promote equality.
• Since then, other macroeconomic policies have included the Growth, Employment and Redistribution and Accelerated and Shared Growth Initiative for South Africa policies.
• Most South Africans continue to face socio-economic exclusion and persistent discrimination on the basis of “race”, gender and disability.

A poor performance

• Extreme inequality has a profound impact on social and personal relationships as well as social cohesion.
• The major gap between rich and poor makes it difficult for people to relate to one another and form strong bonds.
• The quality of basic services in some communities is poor.
• Lastly, the report shows nation-building efforts have been undermined by growing inequalities, decline in good governance and persistent corruption.
• This has been evident in unethical political leadership, state capture, institutional decay and low levels of public trust in government.

Progress undermined

• But these have been undermined by weak governance and poor economic performance since 2006.
• Addressing the socioeconomic and political challenges will be indispensable to the strengthening and consolidation of its democracy.

• Based on a remarkable depth of research, it is written in an elegant style which makes for a delightfully easy read.
• It is rendered the more impressive by the author’s deep conversance with the debates over the relationships between mining capital, Afrikaner nationalism and apartheid.
• Cardo’s reckoning is that Oppenheimer transcended his country’s parochial political arena to become a significant figure on the world stage.

The man behind the money

• Yet Oppenheimer emerges from this study not as a “malevolent monster” (p.1) but as a personally likeable individual, intensely loyal to his friends.
• One who was highly cultured and sophisticated, with a deep love of art, literature, old books and antiques for their own sake, rather than for opulent display.
• His devotion to his Anglican faith was deep and real, underlying his perhaps too-convenient conviction that wealth and power could be combined with “doing good”.
• His father, Ernest, was the founder of the Oppenheimer empire, but Harry would become its consolidator (p.18).

The conservative liberal

• He served as the party’s financial spokesman and was touted as a future leader.
• Later, when liberals formed the Progressive Party, he lent them his firm support.
• Cardo characterises Oppenheimer’s liberalism as “pragmatic”, opposing the idea of a universal franchise.
• Regarding himself heir to British colonialist and businessman Cecil Rhodes, he deplored the threat to civilisation represented by “primitive tribesmen”.

The influential magnate

• He exercised all the soft power at his disposal, through Anglo and his personal contacts with politicians locally and internationally.
• His advice to prime minister and president PW Botha to inaugurate multiracial negotiations was ignored.
• But when Botha’s notorious “Rubicon” speech in August 1985 prompted a massive outflow of capital, he urged US companies to resist the disinvestment drive.
• All these efforts were capped by Gavin Relly, who had succeeded Oppenheimer as chairman of Anglo, meeting with the ANC in exile.
• Oppenheimer and Anglo now reached out to leading figures in the ANC to reshape their ideas on the economy.
• This book does not offer a radical re-interpretation of either the Oppenheimers or the Anglo-American empire.