CEO Sizwe Nxasana. Picture: FINANCIAL MAIL
CEO Sizwe Nxasana. Picture: FINANCIAL MAIL

Stories of Note

Bytes from the digital world

Seasoned businessman Sizwe Nxasana could not make the National Student Financial Aid Scheme work. Nor could anyone else since it was never designed to work, according to education experts.

Ownership of the isiZulu word for "let them go" is one of the quarrels between pro-Zuma political parties Mazibuye African Congress and Mazibuye African Forum.

In My Opinion

Matters of debate

China’s colossal $1.6-trillion spending spree, which is slated to include an $8bn high-speed railway through Nigeria and a $50bn canal across Nicaragua, would dwarf the Marshall Plan that reconstructed Europe after World War 2.

Financial Mail editor Rob Rose recalls Wimpy’s heyday when he was a child actor in its advert.

Finding Alpha

The long and the short of the markets

Steinhoff International’s share price fell 14.5% to R2 on Friday morning on the news that it is being sued for R185bn by shareholders, more than 21 times its R8.7bn market capitalisation.

Bitter shareholders in Tongaat-Hulett overwhelmingly voted against the group’s remuneration policy at an annual general meeting on Wednesday.

Oh, Very Twitty

The lighter side of the web

Very Visual

Graph of the day

The rand nearly weakened below R14 to the dollar on Friday morning as it fell in tandem with the Turkish lira.