Ramaphosa chides ‘merchants of despair’ and reiterates priorities of ending rolling blackouts, corruption and joblessness
(Daily Maverick) – In his response to Thursday’s State of the Nation address, President Cyril Ramaphosa signalled the resignation of Vice President David ‘DD’ Mabuza and recommitted his administration to ending rolling blackouts. READ MORE
Tesla recalls more than 362,000 cars over self-driving crash risk
(Daily Maverick) – Tesla is recalling hundreds of thousands of vehicles after US officials suggested its automated-driving system could raise crash risk. The automaker’s Full Self-Driving Beta system “may allow the vehicle to perform hazardous around junctions,” including driving straight through a turn lane and through steady-yellow traffic lights. READ MORE
SA may be facing a new, ‘more sinister’ state capture, says legal head of Zondo Inquiry
(News24) – According to a Judicial Commission of Investigation into State Capture evidence leader, South Africa may be entering a “darker and more sinister” phase of state capture. Mafia is “not inappropriate” in SA politics, says lawyer Paul Pretorius. New patterns of criminality require swift Hawks and police action. READ MORE
What’s happening in the markets?
(Business Day) – When the rand fell against the dollar, expectations of the Reserve Bank ending its raising cycle faded. Major industrial equities stayed up. Infront data showed the rand was roughly 1% down at R18.15/$, the lowest level since early November, and down 20% year over year. READ MORE
