RON DERBY: More bloody noses to follow as SA's corporate con is exposed
It's been a terrible year for corporate SA, from the stock market to the many governance weaknesses that have muddied its reputation. There were scandals in some venerated boardrooms that served as a reminder of just how dirty business can get in this town of Johannesburg. Stellenbosch was dragged into the muck, with Christo Wiese now sitting in the naughty corner along with his self-proclaimed protégé, Markus Jooste. Wherever he is, Jooste must be taking much comfort from the continued bungling of the country's prosecuting authorities, as seen by this week's withdrawal of the Estina dairy case. It's just over three years ago that Wiese addressed the Sunday Times Top 100 event as a recipient of the Lifetime Achievement Award. In his acceptance speech he lamented the appointment of "incompetent" and "fraudulent" people in key management positions at state-owned enterprises. It was a month before the "state capture" narrative would grip the nation with the midnight axing of Nhlanhla N...
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