EDITOR’S LUNCHBOX: Bosasa: we know where the vault was — but where were the auditors?

Stories of Note

Bytes from the digital world

Business Day had to turn to the Promotion of Access to Information Act to get a vitally important report the Special Investigating Unit handed to President Cyril Ramaphosa in March 2018. 

The decision for the Public Investment Corporation (PIC) to make its disastrous R4.3bn investment in Iqbal Survé’s Ayo Technologies was made by then CEO Dan Matjila, single-handedly breaching the government pension fund manager’s policies. 

In My Opinion

Matters of debate

Rob Rose asks how Bosasa’s auditors failed to notice that about R5m was spent a month bribing government officials.

Last year ended on a tragic note for us at BusinessLIVE, with a much loved colleague, Tammy Foyn, losing to cancer after a fierce fight. Peter Bruce has written a touching tribute.

Finding Alpha

The long and the short of the markets

The Competition Commission has run short of funds and has been forced to scale back on key market inquiries and investigations until the new financial year begins on April 1.

Edcon’s woes stem from its R25bn private equity deal with Bain. Why should the government’s pension fund bail it out?

Oh, Very Twitty

The lighter side of the web

Very Visual

Graph of the day

Meet entrepreneur Johannes Joubert, inventor of the JoJo tank. Every day more than 1,000 of his tanks are sold — a total of 2-million tanks since he launched the business.