EDITOR’S LUNCHBOX: Faith Muthambi faces claims of nepotism
Minorities stall Long4Life’s second acquisition, and Old Mutual has big listing plans
Stories of note Bytes from the digital world Jacob Zuma does it again. No doubt its a strategy that has worked for him: He conflates opposition to his continued stay in power to an attack on the ANC. Public Service and Administration Minister Faith Muthambi has a lot to answer for. She is accused of hiring relatives in contravention of procedure. The test will be in how well Muthambi deals with the coming wage negotiations. Johannesburg Roads Agency MD Sean Phillips quits suddenly without giving reasons. The Financial Times says under Jacob Zuma, SA has become poorer, jobs have become scarcer, the rand has slumped and the country’s credit rating has been downgraded to junk. ANC MP Makhosi Khoza says the greatest disloyalty possible by a member of the ANC is abandoning those who elected the party into power. Finding alpha The long and the short of the markets Minorities stall Long4Life’s second acquisition. Old Mutual has big listing plans. The proposed Atlantis special economic zone...
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