EDITOR’S LUNCHBOX: Defiant Collins Letsoalo claims to be untouchable
Stories of Note Bytes from the digital world Passenger Rail Agency of SA (Prasa) acting CEO Collins Letsoalo, who Sunday Times reported had more than quadrupled his remuneration to R5.9m, disputes the state-owned enterprise’s board can fire him. The "premier league" — the ANC provincial heads of the North West, the Free State and Mpumalanga known to uncritically back President Jacob Zuma — appear to be breaking ranks. In My Opinion Matters of debate One of the most noteworthy aspects of Finance Minister Pravin Gordhan’s recent budget was the thumping increase in dividend tax by a buttocks-clenching 25%. Tax Freedom Day is a simple way to illustrate how much of the average person’s salary the government pockets. The budget sees this stretch to May 19, writes Leon Louw. Finding Alpha The long and the short of the markets Clover offered its shareholders the choice of receiving a 24.21c cash dividend — maintained at the same level as in its 2015 interim results — or the equivalent in sh...
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