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— Public Protector Busisiwe Mkhwebane said Wednesday the South African Broadcasting Corporation (SABC) ignored six of her predecessor’s eight remedial actions following findings against the public broadcaster in a 2014 report.

Mkhwebane was addressing Parliament’s ad hoc committee looking into the fitness of the SABC board. (News24)

— CEOs believe the rand’s recent gains will be short-lived and expect the local unit to depreciate even further, according to the Merchantec CEO Confidence Index.

The forward-looking index, released on Wednesday, declined 2.1 percent for the fourth quarter of 2016. It is now below the neutral score line of 50, at 47.9. (Fin24)

— Deputy President Cyril Ramaphosa has hailed the role different sectors of South African society have played in ensuring the country averts a downgrade by rating agencies. (South African Broadcasting Corporation) Enditem

Source: GNA/

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