BYTES FROM THE DIGITAL WORLD
EDITOR’S LUNCHBOX: S&P and earth tremors rattle SA on Monday
Goldman Sachs SA head Colin Coleman places blame for downgrade squarely on Jacob Zuma, and tender calamari is a dolphin’s preferred meal
Stories of Note Bytes from the digital world As if S&P Global Ratings’ cutting SA’s sovereign credit rating to junk — with Moody’s and Fitch threatening to follow suit soon — was not rattling enough, South Africans were further shaken by a series of earth tremors on Monday. Colin Coleman, head of Goldman Sachs SA, said: "There’s only one thing I want to say: South Africans have President Zuma to thank for the downgrade." For dolphins, having an octopus’s tentacle come out your throat and choke you to death is not just a horror movie cliche, which is why they like their octopuses well tenderised. In My Opinion Matters of debate SA’s new finance minister, Malusi Gigaba, is a talker — which would be a good thing if he did not talk so much nonsense. Lily Gosam explores President Jacob Zuma’s motives for sabotaging SA’s economy. Probable reasons include helping his friends, the Gupta brothers, out of their bank squeeze and breaking open the safe to civil servants’ R1.85-trillion pension ...
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