EDITOR’S LUNCHBOX: Net1 called ‘arrogant’ about social grants by Gordhan
Stories of Note Bytes from the digital world "Twelve business days [are] required prior to payment commencing on April 1 2017. This effectively means that all negotiations and contract finalisation need to be completed by no later than March 15 2017, failing which CPS will not be in position to commence payment on April 1 2017," Net1 CEO Serge Belamant informed government — a response Finance Minister Pravin Gordhan deemed "arrogant". MICROMega chairman Dave King — who got into hot water with the South African Revenue Services in 2000 for claiming he only earned R60,000 in a year he bought an Irma Stern painting for R1.7m, resulting in the state selling his wine farm Quoin Rock, which spawned a follow-up scandal on how the auction industry operates — is back in the news regarding his share of Scottish football team Rangers. In My Opinion Matters of debate The travails at state-owned petroleum firm PetroSA demonstrate in graphic form why it’s so important to separate state functions ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.