Musk says Turkey to re-enable full Twitter access ‘shortly’
(Daily Maverick) – After a succession of fatal earthquakes, major internet providers in Turkey have restricted Twitter, which the population has grown to rely on. Twitter CEO Elon Musk tweeted on Wednesday that the Turkish government has informed the company that full access to the social media platform will be restored “shortly” in the country. READ MORE
Steinhoff to sell about R4.7bn of Pepkor, lose majority stake
(News24) – Debt-laden Steinhoff International announced on Wednesday that it intends to sell up to 6.5% of Pepkor, thereby losing its majority ownership in South Africa’s largest retailer in terms of store footprint. On the basis of Pepkor’s Wednesday closing price, the sale might yield Steinhoff approximately R4.7 billion, with the objective of using the profits to reduce debt. READ MORE
SONA 2023: Don’t whitewash government’s role in SA’s problems – civil society tells Ramaphosa
(News24) – Thursday’s State of the Nation Address (SONA) provides an opportunity for President Cyril Ramaphosa to present clearer plans for the nation’s recovery. On Wednesday, the civil society organisation Defend our Democracy organised a rally in Cape Town in anticipation of Ramaphosa’s seventh SONA. READ MORE
What’s happening in the markets?
(Business Live) – Wednesday marked a two-month low for the rand as investors considered the Federal Reserve’s inflation and monetary policy forecasts. Meanwhile, investors are anxious after Fed head Jerome Powell’s overnight less aggressive remarks were tempered with caution. READ MORE
