5 things you need to know in SA business today and our 6 favourite reactions to Bryan Habana’s retirement
1. It’s D-Day for the South African Federation of Trade Unions (Saftu), which has planned a national shutdown in rejection of the minimum wage. Saftu was launched a year ago by former Cosatu heavyweight Zwelinzima Vavi. It represents 30 unions, including the country's largest: the National Union of Metalworkers of South Africa (Numsa). Click here for details on where the strike could hit. Meanwhile, wage talks with civil servants have dragged on for months, risking the first public-sector strike since 2010.
2. SAA needs money. Pronto. Its CEO Vuyani Jarana said in Parliament that it needs a new capital injection “now” to stay afloat. It has last generated a profit since 2011.
3. The yield on the most important bond in the world, the US 10-year Treasury, yesterday hit 3%, its highest level since January 2014. It pushed the rand to its lowest level in three months. This morning it was trading at R12.33 to a dollar.
4. The auditing firm Nkonki is shutting down its biggest office. Last year, a Gupta-linked investor bought a controlling stake in Nkonki. The Auditor General recently fired Nkonki from its list of some 40 suppliers of audit services to the public sector
5. Namibia is considering “slowing down BEE” in its mining sector, as it seeks to woo investors.
Our 6 favourite reactions to Bryan Habana’s retirement
The record-breaking Springbok wing Bryan Habana has announced he will retire from the game later this year. The 34-year-old Habana is the second-most-capped Springbok of all time with 124 Test caps.
Come on my friend walk with me you can take of you rugby boots as well.I still have your back after rugby.I salute one of the best in the game and a lifetime friend well done on amazing career @BryanHabana ! LIVING LEGEND???????? pic.twitter.com/oB20y4EPDa— Bakkies Botha (@BakkiesBotha4) April 24, 2018
I gotta salute Bryan Habana on the most incredible career,a true professional,a champion in life and a outstanding ambassador to the game of rugby,Thank You for the joy you gave to so many fans,Enjoy the next phase???— Breyton Paulse (@BreytonPaulse) April 24, 2018
exit to the stage left our record breaker all time great Bryan Habana. thank you for passion and how you light up a rugby field for us Bok fans. And enter to the stage right Aphiwe Dyanti.— Oom Rugby (@Oom_Rugby) April 24, 2018
Habana himself gave a shout out to his alma mater, King Edward VII School in Houghton, following the announcement:
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