The Trump administration is threatening to release a memo implicating the FBI. It seems like a short-sighted move on the part of the presidency but looks like it will go ahead. In South Africa, Capitec had an encounter with Viceroy Research, ANN7 is no more, and Ramaphosa admitted that SA cannot afford nuclear power.
There has been a lot of positivity surrounding South Africa’s future lately. Cyril Ramaphosa is wooing the world with his charm, realism, and charisma in Davos. Aspects including Goldman Sachs commenting that SA is the emerging market to watch out for in 2018 and Brian Molefe having to pay back his unlawful retirement settlement, are signs that we…
South Africans are one of the most politically aware populations in the world, and it is no wonder. From a possible presidential recall (it would be the second one in a row for the ANC) to the shenanigans and deception of the DA in Cape Town. Hats off to South African journalists for keeping their…
A satellite launched from SpaceX disappeared, cryptocurrencies remain volatile, and South Africa’s politics is consistent in the dramatic. Keep reading for more of what has been happening over the past few weeks.
This will be our last News Flash for 2017, which we will commence again on 12 January 2018. We hope that you have enjoyed this weekly addition to your correspondence from Dynasty. Again, if you have any suggestions or feedback, we would appreciate hearing from you.
This News Flash casts a spotlight on private sector practices in South Africa – from MultiChoice, to Naspers, to SAP, to Steinhoff – we are well aware of the prevalence of corruption in our state institutions, but our private sector has been allowed to point fingers for some time. It is positive that mismanagement and corruption is being revealed and practices questioned across the board.
The South African Federation of Trade Unions (SAFTU) reacted angrily to the rating agency’s decision to downgrade on Friday 24 November stating, “It is outrageous that these unelected enforcers of the big multinational monopoly corporations can wield such power…” Unfortunately, we can stomp our feet as much as we like, but while we are reliant on…
The last two weeks have been quite a roller-coaster for Southern Africa. We saw the non-coup/coup in Zimbabwe rise and succeed in peacefully removing Robert Mugabe, South Africa lost their bid for the 2023 Rugby World Cup, and there have been shifts in the right direction in terms of our own captured structures.
There is much confusion over the current state of Zimbabwe, South African journalists are being held at the border, and the information that is coming out of the country is questionable. In other news, Treasury Budget Chief, Michael Sachs, resigned this week after ten years of service.
