Stories of Note
Bytes from the digital world
SAA “is loss-making, it’s unlikely to sort out the situation, in my view we should close it down”, finance minister Tito Mboweni told investors in New York on Thursday.
In My Opinion
Matters of debate
“We are, in essence, descendants of the optimists — the pessimists died off,” says Discovery CEO Adrian Gore.
Public protector Busisiwe Mkhwebane has given President Cyril Ramaphosa 14 days to act against home affairs minister Malusi Gigaba, who will most likely try to take Mkhwebane’s report on judicial review, further delaying his inevitable departure from the executive.
Finding Alpha
The long and the short of the markets
“I’m a shareholder ... traumatised, as well, because of the share-price performance,” an investor told Sibanye-Stillwater CEO Neal Froneman.
In a reply to a question from DA MP David Maynier, finance minister Tito Mboweni confirmed that Independent Media did not meet its deadline for a loan repayment to the Public Investment Corporation.
Oh, Very Twitty
The lighter side of the web
Tom Moyane has been fired as SARS boss. My vote is for their head of IT to become the new commissioner.
— Ernst Roets (@ErnstRoets) November 1, 2018
Sars IT chief Mmamathe Makhekhe-Mokhuane objects to being called a useful idiot.
Very Visual
Graph of the day
Charting a path that allows the debt ratio to blow out from 55% to 60% of GDP over the next three years is a gamble that will pay off only if it doesn’t prompt more ratings downgrades and if growth recovers.
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