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While you were asleep: Choosing the battles worth fighting for

In an increasingly unequal world where just two men are worth R7.4 trillion and another is resorting to auctioning off buffaloes and luxury cars to save his country’s economy, it’s no wonder that some people are losing their marbles. In “revelations” only bad movies are made of, Independent Media chair Iqbal Survé and his entourage revived the Tembisa 10 with a bizarre …

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Opinions of the Day: The cabinet of incompetence rises again

Imagine the nerves you endure when going for a job interview, it can be quite a process and isn’t always a smooth ride. For ANC councillors wanting to become the party’s mayoral candidates at the upcoming municipal elections, they will have to be interviewed by an internal panel that will determine the councillor’s suitability to …

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While you were asleep: Four days to breaking your fever – and there’s a tool to help

It’s election fever and with it all ills come to the fore. In just over four days South Africans will be heading to the polls in the most contested municipal elections yet, with a total of 95,427 candidates having qualified to contest in 4,468 wards across the country.  From the Eastern Cape, Western Cape, Mpumalang and …

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Market wrap: JSE tracks world markets firmer, while rand loses oomph

The JSE tracked global gains as upbeat corporate earnings supported stock exchanges, with Montauk (+8.48%) benefiting from an upbeat report on renewable demand. Index-weighty Naspers (+2.26%) also added to the 0.95% jump in the All Share index to 67,615.31 points. Other notable gainers were Sappi, up 5.66% amid a strong demand for paper and higher …

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While you were asleep: From chair sagas to booming wealth and space capades

In what promises to be an explosive standoff between former Anglogold Ashanti chair Sipho Pityana and current chair Maria Ramos, the former is taking the SA Reserve Bank to court. Daily Maverick reports Pityana has served legal papers on the bank’s Prudential Authority, claiming the bank is preventing him from becoming chair of Absa because former Absa …

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Market wrap: JSE reverses earlier gains while rand racks up gains

The JSE reversed earlier gains to end the day narrowly in the red as losers across the board outweighed the winners. Among the losers were heavyweights Naspers (-2.67%) and Prosus (-2.87%), which together have a 14% weighting in the All Share index. The benchmark index closed down 0.10% at 66,980.45 points. Other big losers included …

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While you were asleep: To our matriculants: Seize the day, it’s your time to shine!

They’re going into the final stretch under a cloud of load shedding and Covid-19. The record number of 735,677 full-time matriculants is starting to write their final school exams on Wednesday. But the Department of Basic Education says it’s prepared for the eventualities. All candidates including those who tested positive for Covid-19 or display Covid-19 symptoms will be accommodated …

While you were asleep: To our matriculants: Seize the day, it’s your time to shine! Read More »

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