Underwhelming Chinese activity data knock sentiment
Support for legislation enabling unexplained wealth to be probed is to be welcomed
DRC President Félix Tshisekedi Tshilombo will take over as Sadc chair from Malawi’s Lazarus Chakwera
Provincial chair elect indicates he will support Ramaphosa’s re-election as ANC president
The study highlights the glaring gender imbalance that has haunted SA’s corporate sector for years
Consumer finances crumble under the pressure of rising prices and interest rates, Unisa vulnerability report shows
Some in the industry believe a ban on the export of scrap will mean a more competitive steel industry, with lower prices passed on to consumers
Veteran seamer believes he still has plenty to offer despite turning 40
Wind-cheating design packs 525kW and 753Nm from a twin-turbo V12 engine
If the air of calamity that currently surrounded the contract to distribute social grants to SA’s 17-million or so recipients has any redeeming quality, it’s that we are beginning to understand in slightly more detail what is actually happening.
It should be said that this is not because of, but despite, Social Development Minister Bathabile Dlamini, who held one of the most absurd news conferences ever over the weekend. And in SA, that is saying something.
She read a nine-page statement saying grants would be paid but no deal had been struck then with operator, Cash Paymaster Services (CPS). Huh?
This contradicted a statement the department made three days earlier saying, triumphantly, that there was a contract, achieved after three days of negotiations. Dlamini answered questions on this apparent contradiction by staring fixedly ahead. Her director-general, Zane Dangor, shockingly resigned on Friday in the middle of this crisis. Questions on that were met with claims that comment ...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.