Sentiment remains cautious as a strong US jobs report signals a good chance the Fed will implement another 75 bps rate hike
The SA workforce should look like the people who live in the country, not an enclave of a sensitive minority
In 2020, SA exported $344.6m worth of steel and US$324m worth of aluminium to the US, according to the UN COMTRADE database on international trade
Opposition party says crime has shot up to a record high because little has been done to halt joblessness
The Pretoria high court ruled that the investment company may not be suspended from the JSE until its latest review application at the financial services tribunal has been heard
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
Priorities include building democracy, promoting development, peace, security, trade and investment, as well as cleaner energy
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
The interior designer on timeless style and a feminine design sensibility
There are two numbers. One is very large. The other is fairly small. Combined, they form a set of co-ordinates showing us where we are.
The very large number is an amount of money that has been stolen from us. There are plenty of numbers to choose from, not least the figures coming out of the Zondo commission: an alleged R6m a month in bribes to ANC officials; R300,000 a month to Jacob Zuma.
But those aren’t the big number. The big number is R100bn, the amount Pravin Gordhan in 2017 estimated had been stolen by the sebaceous cysts we now refer to as state captors. They did it, most agree, over a period of about 10 years, which means they stole on average about R27m every day.
Which brings me back to Bosasa. I don’t want to trivialise the information coming out of the Zondo inquiry. It is essential that the rot be exposed. But I think it’s important to remember that it’s not new rot. This is not a new scandal. This is still state capture. And, it must be said, a pretty low-rent itera...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.