Flash Briefing: CR and the Guptas: What the president knew - #Zondo; SA’s fishy powership deal; Tencent punished; US

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* President Cyril Ramaphosa has admitted that the ANC allowed looting in the so-called sate capture era, with his comments hitting world headlines. Take a listen to what he knew about Gupta donations to the ANC.
* Like Zuma’s dodgy nuclear deal, Energy Minister Gwede Mantashe’s powership deal is deeply suspect and frankly reeks of corruption, says the leader of the opposition DA.
* The US economy expanded rapidly in the first quarter, growing at a 6.4% annual rate and extending what economists project will be a robust, consumer-led recovery from the pandemic this year, reports BizNews Premium partner The Wall Street Journal.
* China is preparing to slap a fine on Tencent Holdings Ltd. as part of its antitrust crackdown on the country’s internet giants, Reuters says. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Apr 2021 9AM English South Africa Investing · Business News

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