EDITOR’S LUNCHBOX: SA’s real power is its inability to get much done. Good or bad
If SA is now in the post-Soviet era, then just where the hell are we in Russian history right now, asks Tom Eaton
Stories of Note
Bytes from the digital world
Former president Jacob Zuma says the state chose not to charge him for corruption with his former financial adviser Schabir Shaik because then prosecutions head Bulelani Ngcuka feared he would be exonerated.
Public enterprises minister Pravin Gordhan appears to have contradicted President Cyril Ramaphosa, who said references to cost-cutting at Eskom “should be understood not to mean retrenchments”.
In My Opinion
Matters of debate
Jonny Steinberg believes that SA, for all its faults, is very much a democracy. “It is unlikely to become a Hungary, where the executive has captured the judiciary and the media is meek; or a Venezuela, where elections are stolen from under the electorate’s nose.”
Finance minister Tito Mboweni revealing “we are in a post-Soviet Union era” shocked Tom Eaton as much as the unions.
The long and the short of the markets
The government has declared that Telkom automatically gets full marks for BEE when scoring tenders, outraging its competitors.
Many economists predict Moody’s will lower its outlook on SA from stable to negative on March 29, but the ratings agency has said it may keep its outlook stable it the government publishes a credible and detailed plan on Eskom.
Oh, Very Twitty
The lighter side of the web
Suspended deputy national director of public prosecutions, Nomgcobo Jiba is expected to be cross-examined on Monday at an inquiry chaired by Constitutional Court justice Yvonne Mokgoro.
Graph of the day
A spike in life insurance claims, and investment into its bank and other new business initiatives, made a dent in Discovery’s bottom line in the six months to end-December.