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South Africa

Our take: South Africa is in your hands

Following last week’s riots, it’s been disheartening to watch our government leaders this week. Instead of making up for failing to anticipate the looting or responding quickly, key government leaders have dissolved into petty fights, blame-shifting or disagreeing on a basic definition of what happened. (The president says it was an insurrection, his defence minister …

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The big story: SA economy’s rapid recovery to pre-covid levels

Experts are impressed at how fast our economy is bouncing back. Two developments you need to know about:  1. South Africa recorded its “highest and fastest growth level ever” in April when it grew 25.9% in real terms on a year-on-year basis, according to Beti, an index that measures South African transactions. This was off …

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Siyayivala with Lesego & Thebogo

Welcome to Siyayivala! It’s @Tebogo_Mabuela & @chepapelesego’s chat through their favourite stories in our Weekly Wrap in vernac. Check out our first video below and go to www.explain.co.za/subscribe to get the Weekly Wrap… for free!

Accountability monitor: Steinhoff execs face German justice

Remember the 2017 Steinhoff scandal? Senior execs at the furniture and household goods multinational blatantly cooked the books to falsely inflate profits. CEO Markus Jooste promptly resigned… but four years later has yet to be charged. It was South Africa’s largest-ever private sector fraud and accounting scandal, and the lack of arrests has made the …

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Latest state capture arrests explained: who, what, why?

State capture arrests explained

Until last week, Thoshan Panday, Vincent Smith, and Edwin Sodi were probably relaxing into the end of the year, enjoying the perks of the level 1 lockdown and planning their December vacations. But this week, all of them have been named in high-profile corruption cases, and they have been arrested, in a massive corruption clean-up operation by the country’s top prosecutors and police.