Omphemetse Sibanda writes about the ongoing wait for the release of the final Zondo report into State Capture, what is the plan if Cyril Ramaphosa does step down as president? And, are investors feeling underwhelmed by Telkom’s recent earnings performance?
(Still) waiting for Zondo (report)… But what happens next? – Daily Maverick
We’re still waiting for the fifth and final part of the State Capture Commission report after chief justice Raymond Zondo and his team failed to meet the June 15 deadline to deliver the report to the president. Zondo was expected to hand over the report last night to President Cyril Ramaphosa.
“This last report is a crucial piece of the State Capture puzzle in that not only does it have to include investigations into the SABC, the State Security Agency, Estina Dairy Farm, the Passenger Rail Agency of South Africa and the Waterkloof landing by associates of the Gupta family, it importantly had to tie all the five reports together by making overall recommendations,” writes Omphemetse S Sibanda. Read more here.
What is ANC’s plan B if Ramaphosa goes? – The Citizen
What happens if Cyril Ramaphosa is found to be a little more red-handed than what he has let on regarding his involvement in the alleged robbery of millions of dollars worth of cash from his Phala Phala farm?
William Saunderson-Meyer contemplates what will collapse first, the ANC or South Africa and pens his latest column on what the plan would be for the governing party if President Ramaphosa were to step aside be it voluntarily or if he is forced to do so. Read more here. (for subscribers)
Telkom shares tumble as investors hang up on it – Business Day
Are investors growing tired of Telkom, writes Business Day in its editorial. The publication breaks down the recent release of the telecommunications firm’s annual earnings report, which was not as positive as had been hoped.
Last week, on the back of the release of the report, Telkom’s shares dropped some 9% on the JSE with around a fifth of the company’s market value wiped from the board. Read more here. (for subscribers)
Here’s a round-up of what else we’re reading:
It’s time ANC owns up to its tragic failures – Editorial, The Citizen (for subscribers)
Speak up, Cyril. The people’s patience is running out – Justice Malala, Sunday Times Daily (for subscribers)
Why Ramaphosa has to take ownership of the farm theft scandal – Ralph Mathekga, News24 (for subscribers)
Phala Phala: If this is Ramaphosa’s version, why isn’t he telling us? – Adriaan Basson, News24 (for subscribers)
KZN ANC will likely emerge from mid-July conference as pro-RET and extra pro-Zuma – Chris Makhaye, Daily Maverick
Shock reports on municipalities point to folly of cadre system – Busisiwe Mavuso, Business Day (for subscribers)
Image Credit: Chief Justice Raymond Zondo, GCIS
