EDITOR’S LUNCHBOX: Yunus Carrim’s take on an ‘irritated’ Koos Bekker
Malusi Gigaba seems to be forgetting about the huge public-sector wage bill, and African Bank is solvent and growing
Stories of note Bytes from the digital world Former communications minister Yunus Carrim opens up on a meeting with Koos Bekker, saying the Naspers chairperson’s "main purpose was to persuade me about the folly of set-top box encryption, and seemed irritated that I would not agree with him". The SACP is willing to consider getting into a coalition with the ANC but not the DA. What was the point of contesting against the ruling party, then? In my opinion Matters of debate Finance Minister Malusi Gigaba has to find ways of plugging the R50bn budget shortfall. Yet, notably absent from his thinking is freezing or cutting the public-sector wage bill, which is probably the most important element required to rebalance public finances. The last thing Naspers and SA need is for the group to join McKinsey, SAP, KPMG and Bell Pottinger in disrepute. Finding alpha The long and the short of the markets Meanwhile, Naspers concedes that finding another Tencent is unlikely but is excited about comp...
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