EDITOR’S LUNCHBOX: How close are we to having Jacob Zuma recalled?
Viceroy Research is playing an important role, says Stuart Theobald, and Bitcoin will be killed by rival Bitcoin Cash, says Lorien Gamaroff
Stories of note
Bytes from the digital world
On Sunday, ANC president Cyril Ramaphosa gave his strongest indication yet that President Jacob Zuma’s days as the country’s president were numbered, saying that the matter "must be addressed", but that Zuma should not be humiliated.
Acting against Patricia de Lille to protect its anticorruption and good governance claims is essential for brand DA, but its failure to communicate effectively — due to sensitivities linked to its factional politics — could backfire.
In my opinion
Matters of debate
Short-sellers such as Viceroy Research play an important role. "When incentives are mixed, we are likely to get better information and prices are more likely to reflect the truth. So I believe activist short-sellers are a positive thing," writes Stuart Theobald.
The competition between Glencore and Sinopec for Chevron’s South African assets, which include its Cape Town refinery, will hopefully boost local technology.
The long and the short of the markets
Digital currency Bitcoin will "die a horrible death" in 2018, killed by its rival sister, Bitcoin Cash, says Lorien Gamaroff, CEO and founder of Centbee, a Bitcoin Cash wallet.
"We drew comfort from the fact that many highly regarded individuals with strong track records served on [Steinhoff’s] supervisory board," Nedbank Private Wealth said in a note to clients.
Journalist Chris "Don't Touch Me On My Studio" Maroleng has been appointed COO of the SABC. Seriously, guys: do NOT touch him on his studio because now he can fire you.— Tom Eaton (@TomEatonSA) January 14, 2018