Borders to close the books?

By Incorrect Author 27 November 2009

British bookseller Borders UK is likely to be the latest high-profile victim of the economic downturn, after administrators were called in on Thursday. The 45-store company has faced crippling competition from supermarkets and online booksellers over the last year, and according to reports has been battling to raise enough cash to trade through the Christmas period. The administrators have said all Borders stores will remain open while it searches for a buyer. The business, which employs 1,150 people, is so far up-to-date on staff remuneration, but failure to secure a buyer in the short-term would certainly result in wide retrenchments.  Read more: BBC

Gallery

Watch Pauli van Wyk’s Cat Play The Piano Here!

No, not really. But now that we have your attention, we wanted to tell you a little bit about what happened at SARS.

Tom Moyane and his cronies bequeathed South Africa with a R48-billion tax shortfall, as of February 2018. It's the only thing that grew under Moyane's tenure... the year before, the hole had been R30.7-billion. And to fund those shortfalls, you know who has to cough up? You - the South African taxpayer.

It was the sterling work of a team of investigative journalists, Scorpio’s Pauli van Wyk and Marianne Thamm along with our great friends at amaBhungane, that caused the SARS capturers to be finally flushed out of the system. Moyane, Makwakwa… the lot of them... gone.

But our job is not yet done. We need more readers to become Maverick Insiders, the friends who will help ensure that many more investigations will come. Contributions go directly towards growing our editorial team and ensuring that Daily Maverick and Scorpio have a sustainable future. We can’t rely on advertising and don't want to restrict access to only those who can afford a paywall subscription. Membership is about more than just contributing financially – it is about how we Defend Truth, together.

So, if you feel so inclined, and would like a way to support the cause, please join our community of Maverick Insiders.... you could view it as the opposite of a sin tax. And if you are already Maverick Insider, tell your mother, call a friend, whisper to your loved one, shout at your boss, write to a stranger, announce it on your social network. The battle for the future of South Africa is on, and you can be part of it.


Comments

Please note you must be a Maverick Insider to comment. Sign up here or if you are already an Insider.

SCORPIO

The Great VBS Heist: Former ANCYL Limpopo leader’s R35.4m spending list exposed

By Pauli Van Wyk

An accountant named Kushim was the first recorded name in history.