EDITOR’S LUNCHBOX: Please could McKinsey and Trillian pay back R1.6bn
Stories of note Bytes from the digital world The government’s focus on direct black-ownership deals could prejudice black people who indirectly owned JSE-listed shares via pension funds, because these shares got watered down when ownership deals were done with new black shareholders, the Treasury told Parliament. Eskom has asked McKinsey and Trillian to kindly pay back the R1.6bn they received thanks to executives who have since been fired or suspended for corruption. In my opinion Matters of debate Anthony Butler asks what kind of president Cyril Ramaphosa would be if he wins the ANC’s December conference. "He can manage a large and sophisticated team in complex and sustained negotiations. He is inoculated against corruption by principles as well as by wealth. He has never courted sycophants." Presidents Jacob Zuma and Vladimir Putin are cut from the same cloth. They are skilled architects, creating a political system that relies on patronage and is reinforced by corrupt relationsh...
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