EDITOR’S LUNCHBOX: Wanted: well-drafted legal documents
Banks don’t know how to plead to ‘vague and embarrassing’ affidavit and Eskom’s coal-supply contract appears to be ‘put together hastily’
Stories of Note Bytes from the digital world Several banks have responded to the Competition Commission’s accusation that they were part of a foreign exchange trading cartel with legal papers saying they did not know how to plead to a "vague and embarrassing" referral affidavit. On Wednesday, Parliament’s standing committee on public accounts heard that auditors PwC reported Eskom’s coal-supply contract with Gupta-family owned Tegeta "appears to have been put together hastily". If the SABC has its way, you’ll have to pay a TV licence for your PC, laptop, table and smartphone. In My Opinion Matters of debate Do we care about the personal lives of politicians? "These things don’t matter to South Africans .... People are used to it and it doesn’t stay in the headlines for too long‚" according to political analyst Ralph Mathekga. Finding Alpha The long and the short of the markets The rand was about 20c stronger to the dollar compared with its intra-day lows on Wednesday as commodity pr...
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