Former president Jacob Zuma and President Cyril Ramaphosa back in the day. Picture: SYDNEY SESHIBEDI
Former president Jacob Zuma and President Cyril Ramaphosa back in the day. Picture: SYDNEY SESHIBEDI

Stories of Note

Bytes from the digital world

The friendship between Iqbal Survé and Dan Matjila was the driving force behind the Public Investment Corporation’s (PIC) decision to invest R4.3bn in Ayo Technologies, the Mpati commission heard.

Deputy finance minister Mondli Gungubele, who has been named in an anonymous e-mail as being complicit in corruption at the PIC, says he has done nothing wrong and is sure his name will be cleared.


In My Opinion

Matters of debate

It is ironic that former president Jacob Zuma is chastising his successor, Cyril Ramaphosa, for referring to his near two terms in office as “nine lost years”.

People should vote with their pockets, Wits School of Economic and Business Sciences senior lecturer Lumkile Mondi argues in support of Helen Zille’s call for a tax revolt.


Finding Alpha

The long and the short of the markets

Eskom’s prices increasing more than six-fold since 2006 resulted directly in the loss of 18,300 out of the 53,500 jobs cut by gold mines since then.

The US Federal Reserve indicating it will not proceed with its expected two interest rates hikes in 2019 sent the rand soaring on Wednesday night.


Oh, Very Twitty

The lighter side of the web

Former SAA chair Dudu Myeni’s claim that she had never met Bosasa CEO Gavin Watson has been cast into doubt by a group photo taken in 2015. Police minister Bheki Cele was presumably working under cover at the time.


Very Visual

Graph of the day

Since 1994, the government has only redistributed 4.8-million hectares of land to claimants — less that 4% of all SA’s land. “Like many of SA’s problems, that may be a failure of implementation, rather than a case of not having the right laws and rules,” writes Stephen Grootes.