EDITORS’ LUNCHBOX: NPA goes all out to botch case against Duduzane Zuma
State hopes to sell SAA, and only a quarter of SA’s remaining gold mines are still profitable
Stories of Note
Bytes from the digital world
The government hopes to sell South African Airways, which reported a loss of R5.6bn in its 2018 financial year and needs R21.7bn over the next three years to turn it around.
Hopefully SA’s attempt to find a buyer for its bankrupt national airline will go better than India’s.
Over the past few years China has become Kenya's biggest creditor by a very long way. Rising overall debt levels and growing dependence on China are not good news for Kenya.
In My Opinion
Matters of debate
Three Supreme Court of Appeal judges outvoted two, thereby allowing Nomgcobo Jiba and Lawrence Mrwebi to be reinstated as advocates and return to their jobs at the National Prosecuting Authority.
Of the three judges siding with Jiba and Mrwebi, Judge Jeremiah Shongwe is Edward Zuma’s uncle, and Judge Willie Legoabe Seriti chaired the commission that found "not a single iota of evidence" of corruption in the arms deal.
The long and the short of the markets
Only a quarter of SA’s remaining gold mines are still profitable, and the industry only employs about a quarter of the people it did in 1994.
Pay-TV operator MultiChoice says it is concerned that the new board at the cash-strapped SABC is demanding payment for what used to be a free service, in a bid to raise revenue.
Oh, Very Twitty
The lighter side of the web
The NPA is going out of its way to botch the case against Duduzane Zuma for his role in the alleged attempt by the Guptas to bribe former deputy minister of finance Mcebisi Jonas in 2015.
Graph of the day
Global markets already caught in the crossfire of Donald Trump’s escalating trade conflict with China took yet another hit, after the US pushed ahead on Wednesday with plans to impose tariffs on an additional $200bn in Chinese goods.