EDITOR’S LUNCHBOX: PetroSA — no board means no quorum
Zuma’s private army is mobilising; radio 702 almost became ‘ANN702’; and as the recession begins, ‘wine not whine’ is the way to go
Stories of note Bytes from the digital world President Jacob Zuma is appealing a High Court judgment that it was irrational for former acting national director of public prosecutions Mokotedi Mpshe to drop 783 charges of corruption, racketeering and fraud against him. Four of PetroSA’s six remaining board members resigned on Tuesday, leaving the ailing petroleum fuel parastatal with no quorum. The former eight-member board needs a minimum of three members to make any decision. In my opinion Matters of debate Zuma’s private army — a militia formed from an amalgamation of former homeland security forces, uMkhonto we Sizwe, the Azanian People’s Liberation Army and the "self-protection units" of the IFP — breaks many laws as it "mobilises", Institute of Race Relations policy fellow Sara Gon writes. Luckily for 702 listeners, the radio station escaped becoming a Gupta family mouthpiece. Finding alpha The long and the short of the markets Steinhoff’s share price fell 4.6% to R66.25 on Wed...
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