— 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