BYTES FROM THE DIGITAL WORLD
EDITOR’S LUNCHBOX: Ramos to use part of R13bn to rebrand Barclays Africa
Pravin Gordhan signals there is exaggerated energy crisis talk by the pro-nuclear lobby, and opposition MPs don’t exactly receive Brian Molefe with open arms
Stories of Note Bytes from the digital world Barclays Africa CEO Maria Ramos plans to spend some of the proceeds from a R13bn "divorce settlement" from the UK bank on rebranding the group and investing in its operations outside SA. A couple of years ago, under hapless former CEO Antony Jenkins, Barclays would have been hammered for turning in Thursday’s financial results. Under his successor, Jes Staley, however, all is apparently bright. "Where is that corrupt bastard?" That’s how newly appointed MP Brian Molefe was received by opposition MPs as he made his first appearance in the National Assembly on Thursday as a backbencher. In My Opinion Matters of debate Over eight years, the two Zuma administrations have spent R6.6bn on VIP protection services and R6.5bn on static and mobile security, writes Gareth van Onselen. By downplaying the energy sector in his speech, Finance Minister Pravin Gordhan effectively signalled that there was no need to react to exaggerated energy crisis talk...
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