South Africa, World

While you were sleeping: 26 July 2017

By John Stupart 26 July 2017

Republicans pass Obamacare repeal debate vote, Apple to expand roots in USA, and brain damage rife in the NFL.

Wednesday, 26 July 2017

“You can’t wait for inspiration. You have to go after it with a club.” 
Jack London

 
 

The story of the R30-million pension bonanza granted to Eskom’s former CEO Brian Molefe is one of greed and mismanagement. Last week Scorpio revealed how officials lied, schemed and defrauded the public in order to allow Molefe a pension calculated as if he had 10 years’ service at Eskom and worked there for 156 months. In reality Molefe contributed 15 months’ pension payments to the Eskom Pension and Provident Fund with the cash-strapped Eskom picking up the tab for the shortfall. This while Molefe wasn’t eligible to be a fund member to start with. But wait, there’s more: Based on another series of leaked emails, Scorpio can reveal that by a sleight of hand the tax man was scammed out of R1,3-million. 

 
 
 

Republicans vote in favour of Obamacare repeal debate

In the end, just two Republican senators voted with Democrats to oppose a debate on repealing Obamacare. With a post-surgical Senator John McCain staggering in to cast the deciding vote, President Donald Trump’s drive to whip his house into a voting froth succeeded. However, as this was just a vote to debate the act, the struggle for House Trump has only just begun.

 

Apple to expand plants in United States

The Wall Street Journal has reported that Apple has promised to expand its manufacturing in the United States. Facing pressure by President Donald Trump to return manufacturing jobs and products to the US, the move by Apple could drive up the costs of your Apple products even more than their current exorbitance. With an entire supply chain created in China, Apple will be hard-pressed to move some of that to the United States.

 

EU to rule on Hamas terror listing

The European Union’s top court will rule today on whether Hamas is or is not a terrorist group. Currently on the EU’s naughty list, a removal of Hamas would pave the way to improved aid flows from the EU, but also trigger a harsh backlash from Israel and the United States. 

 

Degenerative disease rampant in NFL head injuries

A new study of the brains of 111 deceased NFL players has revealed that 110 of them had suffered brain damage. At 99%, the prevalence of chronic traumatic encephalopathy, or CTE, is a damning indictment on the condition of professional players, and a concern for any contact sport that runs a routine risk of head injuries.

 
 — 

IN NUMBERS

13

The percentage of all the world’s water lost to leaks. This is allegedly more than twice as bad in Cape Town.

 

FACTS OF THE DAY

Today last year Hillary Clinton became the first female presidential candidate of any major American party.

Scotland has a town called Dull. Oregon has a town called Boring, and Australia a town called Boring. Combined they are coined the “Trinity of Tedium”.

 

 

FEATURED ARTICLES

Op-Ed: State Capture and Beyond

BY RAYMOND SUTTNER

 

OPINIONISTAS

Living in the lie in South Africa

A column by PAUL TREWHELA

 
 — 

Weather
BFN: min: 2° max 18°, cloudy
CPT: min: 7° max: 14°,  cloudy
DBN: min: 12° max: 19°, cloudy
EL: min: 8° max: 20°, cloudy
JHB: min: 5° max: 19°, sunny
KIM: min: 2° max: 19°, sunny
MHK: min: 6° max: 23°, sunny
NLP: min: 10° max: 24°, cloudy
PMB: min: 6° max: 18°, sunny
PE: min: 6° max: 19°, sunny
PTA: min: 6° max: 23°, cloudy

Financial Data
Oil=$50.02
Gold=$1,249.79
Platinum=$927.81
R/$=13.06
R/€=15.22
R/£=17.03
$/€=0.87
JSE All Share=54,499.11
DJIA=21,641.57
FTSE 100=7,434.82

Gallery

Corruption, Inc

Thulas Nxesi: State Capture forces resist the clean up at Public Works

By Marianne Merten

Op-Ed

Inequality in South Africa: Beyond the 1%

Fazila Farouk and Murray Leibbrandt 13 hours ago

Riding a Black Unicorn Down the Side of an Erupting Volcano While Drinking from a Chalice Filled with the Laughter of Small Children is the title of a dark cabaret album by 'Voltaire'

0