A bad week for Zizi Kodwa
It remains to be seen if his claim of a dirty-tricks campaign against him holds water
The Barrick Gold/Randgold merger created the world’s largest gold miner, but its SA-born CEO Mark Bristow only got to bask in the glow of the top job for a minute before rival Newmont declared that its union with Goldcorp would make it top dog.
Not one to be outdone, Bristow unveiled Barrick’s $17.8bn hostile bid for Newmont, which (if it succeeds) will create a $42bn colossus that towers over its nearest rival.
Newmont CEO Gary Goldberg decried the move as "bizarre" and one that will surely scupper his Goldcorp deal.
Head of the ANC party presidency Zizi Kodwa has been stripped of his duty as acting spokesperson of the ruling party.
Kodwa is accused of rape and his accuser has been advised by the party to lay a charge with the police as the allegation, it says, has to be dealt with by the criminal justice system.
Meanwhile, Kodwa, who is seen as President Cyril Ramaphosa’s eyes and ears at ANC headquarters, is no longer allowed to speak for the party, and it remains to be seen if his claim of a dirty-tricks campaign against him holds water.