1. It was a close shave, but the SA Reserve Bank cut interest rates yesterday. Three members of the Monetary Policy Committee voted against the cut of 25 basis points. 

2. Netcare will exit the UK after a five-year fight with its landlords didn't result in lower rental costs for its hospitals. Also, its UK lenders are forcing it out. 

3. Old Mutual will not sell its Murray & Roberts shares to Aton, the German conglomerate who is staging a hostile takeover of the SA engineering group.

4. Parliament was updated on the Steinhoff investigation yesterday. MPs want bonuses for Steinhoff execs to be put on hold and they criticised the Financial Services Board's progress report on its Steinhoff investigation. They also decided to subpoena former Steinhoff CEO Markus Jooste, after he declined an invitation to appear before them.

5. Sanlam raised R5.7 billion by issuing new shares. The money will be used to take control of Saham, the largest insurer in Africa outside of South Africa. 

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It's cheaper; it comes in more colours; it's less fragile and more resistant to smudges; you don't need extra charging accessories; its rear camera is similar - and its front-facing camera is almost identical to the newer models; and it offers the same iOS experience. Read the full report.