EDITOR’S LUNCHBOX: ANN7 destroys MultiChoice! (Relax, it’s fake news. Probably)
Advice to viewers of ANN7: monitor it carefully; report inaccurate or unfair coverage to the BCCSA; if you need clarity on anything, go to newsthump.com
Stories of Note
Bytes from the digital world
There will be "no worries" about downgrades if Cyril Ramaphosa and his team get to implement the deputy president’s "new deal" proposition, former finance minister Pravin Gordhan says.
Gupta-family owned Oakbay Resources & Energy failed to pay R293m owed to the Industrial Development Corporation by Thursday’s deadline, prompting the state-owned financier to take legal action.
In My Opinion
Matters of debate
Even though ANN7 is a commercial failure, a fake news liability and a reputational catastrophe, MultiChoice dutifully keeps paying for it, writes advertising agency Fairly Famous founder and creative director Deon Wiggett.
"Those who are uncomfortable with ANN7s coverage should monitor it closely and report inaccurate or unfair coverage to the Broadcasting Complaints Commission of SA and to MultiChoice. If a record of serial misconduct is built up, the commission and MultiChoice can be pressured into doing something about it," writes Anton Harber.
Here’s a challenge: try to find a single statement that is not inaccurate or unfair during this 20-minute mutual agreement (as opposed to debate) that Cyril Ramaphosa is "the presidential candidate for white settler monopoly capital" between ANN7 talking heads Carl Niehaus, Tshepo Kgadima, BLF deputy president Zanele Lwana and Free State ANC Youth League spokesperson Sello Pietersen.
The long and the short of the markets
This is the best time to engage Eskom on a disputed electricity contract at South32’s Hillside aluminium smelter, because the pressure around supply has tapered off due to an economic slump and improved efficiencies at the power utility, says the miner’s CEO Graham Kerr.
Global oil and gas group Sasol will no longer invest in mega-projects on its own, as it did in the past, as it targets a greater balance between growth and shareholder returns in the future, executives say.
Oh, Very Twitty
The lighter side of the web
US President Donald Trump did not actually send these tweets attributed to him by UK satire site newsthump.com, but they do sound tremendously authentic.
Graph of the day