Simple summaries of news we think you should know – not just reporting for reporting’s sake. And, crucially, we tell you why it matters.
The big news of the day was of course State of the Nation Address this evening, and President Cyril Ramaphosa delivered a relaxed, confident performance. He even seemed to have tamed the EFF, who didn’t disrupt his speech – the first time in ages. There were a few big announcements as expected. But even if …
You’re going to want to sit down for this. Remember the last time anyone senior was arrested for corruption? No? Well, on Wednesday, a ten-year-old investigation into what is surely one of the biggest cases of fraud and corruption the country has ever seen, finally bore fruit. According to reports, the Hawks arrested several people …
Got whip lash from all the back-and-forth-ing from the ruling party over land expropriation? Well, so do most investors, and possibly the most important bit of news today is Cyril Ramaphosa’s speech to over 1000 of them gathered at the Mining Indaba this week. According to Business Day, he promised that their assets – including …
You may have caught wind of some worrying news doing the rounds: South Africa’s five biggest trading partners, the US, UK, Germany, Switzerland and the Netherlands, wrote an unprecedented memo to President Cyril Ramaphosa in which they called for state capture prosecutions, the Sunday Times reported. But the Daily Maverick reported that the memo was …