BN Daybreak: US-SA trade ultimatum; Baloyi on Sasol's profit pivot; Knysna's crisis; Lafarge cleanup

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Wall Street dipped as investors braced for retail earnings from Home Depot, TJX and Walmart. In Knysna, Ron Weissenberg says a R70-80 million provincial intervention has barely dented entrenched corruption despite Hawks investigations. From BNC#9, Theo de Jager detail 14 Washington meetings pushing the US to link trade to farm-murder action, BEE exemptions and Expropriation Act changes. Sasol's Simon Baloyi and Afrimat's Andries van Heerden share their turnaround stories, from R60bn capex plans to cleaning out corruption at Lafarge.
18 Aug 12AM English South Africa Investing · Business News

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Why king maker coalitions and municipal interventions fail…

With The Hawks investigating corruption at Knysna Municipality amid a failing intervention, Ron Weissenberg of The Accountability Group (TAG) tells Chris Steyn why interventions and money are not the solution. “They tend to paper over the problems and they address… emergencies on a short-term basis. However, when the money ends…
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