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How Regiments Capital slithered under ACSA, SAA and Transnet's skin

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dailymaverick.co.za

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firstthing@dailymaverick.co.za

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Thu, Oct 25, 2018 03:59 AM

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By Susan Comrie for amaBhungane Emails reveal the seduction of Phetolo Ramosebudi, ACSA, SAA and Tra

[Click here for the web version of this email]( [Daily Maverick] Thursday, 25 October 2018 “Drop some of them bricks you keep hauling around with you. Life just ain't that heavy.” Cynthia Rylant Story of the Day [The Insider: How the treasurer of ACSA, SAA and Transnet enabled Regiments to make hundreds of millions]( By Susan Comrie for amaBhungane Emails reveal the seduction of Phetolo Ramosebudi, ACSA, SAA and Transnet treasury boss. While You Were Sleeping [Clinton, Obama some of those targeted in bombing attempts]( A series of explosive devices detected in the mail of several high-ranking public figures has sparked a massive investigation. Hillary Clinton, Barack Obama, CNN's New York Headquarters, and several other prominent subjects of Donald Trump's conservative fanbase were targeted. Trump, for his part, has condemned the attempted bombings, but was quick to blame the media for "political hostility". [Saudi Prince vows to bring Khashoggi killers to book]( Saudi Arabia's Crown Prince Mohammed bin Salman has spoken out on the Jamal Khashoggi murder. Taking the stage at the now-diminished Future Investment Initiative, MBS assured the audience that Saudi Arabia was doing everything to "investigate" the murder. The ever-twisting tales issuing forth from the Saudi royal family's mouths are still not lost on an increasingly disenchanted global leadership. [US markets hit the red for 2018]( Donald Trump's ongoing trade war with China and, well, the world, has sent US markets into decline. The Dow Jones Industrial Average sunk 600 points on Wednesday's trading, removing all gains made for the year. Any company registering "weakness" due to higher manufacturing costs effectively took a massive beating. Don't expect to hear this in a White House briefing anytime soon. [Strict rules for Boracay Island reopening]( When the stunning Philippines' Boracay Island reopens to tourism, the toxic environmental toll of beach parties and water sports will be a thing of the past. President Rodrigo Duterte had famously called the island a "cesspool", ordering a six-month closure to allow the environment to heal from years of tourist-based destruction. Now healed, a cap on the number of tourists and a limit on just how destructive they can be will come firmly into force. — [Informal Recyclers: Changing Space, Changing City]( [Sponsored Content by Wits University Press]( Johannesburg’s waste pickers, often overlooked and seen as “invisible”, challenge the meanings of concepts like “residence” and “commuter” and categories like formal or informal, in a context where they earn honest livelihoods and provide an important service, while living under city bridges during the week and travelling to more peripheral settlements to be with their families on the weekends. Sarah Charlton writes on Johannesburg’s informal recyclers in Changing Space, Changing City: Johannesburg after Apartheid, a multi-authored book that brings together broad understandings of macro spatial trends in the city and the policies that shape them with more nuanced views provided by area-based studies and chapters exploring the relationships between place and identity. Maverick Insider is more than just about financially supporting quality, independent journalism and keeping Zapiro accessible for all readers. It’s also about building a community with our loyal readers who want to share in unique experiences and help us write this new chapter of Daily Maverick. [Click here]( to get a closer look at the Truth. Picture of the Day By Leila Dougan SA Finance Minister Tito Mboweni walks to Parliament to deliver the Mid-Term Budget Report, 24 October 2018. In Numbers $1 The amount Stephen King sold the film rights to "Stationary Bike" for. He sold it to a group of Welsh teenagers. Facts of the Day Today in 1900 the United Kingdom annexes what was then Transvaal. Shaquille O’Neal only made one three-point shot in his entire NBA career. Featured Articles [State cites ISIS in Durban trial – but experts urge extreme care]( [State cites ISIS in Durban trial – but experts urge extreme care]( BY Rebecca Davis [Mr Hard-edged Honesty Mboweni offers mostly blood, toil, sweat and tears. Did we mention Honesty?]( [Mr Hard-edged Honesty Mboweni offers mostly blood, toil, sweat and tears. Did we mention Honesty?]( BY Marianne Merten [South Africa, a country in urgent need of direction]( [South Africa, a country in urgent need of direction]( BY Stephen Grootes [Hyundai Kona: Aloha to a trendy crossover]( BY Deon Schoeman [The place of the popular and the populist]( BY Raymond Suttner [Tiso Blackstar calls on Iqbal Survé to stop misrepresentations, blatant lies and inflammatory accusations]( BY Tiso Blackstar [Sasco takes back Limpopo as EFF Student Command moves into new territory in KwaZulu-Natal]( BY Nkateko Mabasa [The great enabler of a Nation’s Rescue: The RDP should be the soul of SA’s laws of local governance]( BY Ian Dewar Opinionistas [National Treasury and the financial services sector: Whose interests are really being served?]( BY Dale T. McKinley [Don’t burn down the house to kill a mouse — Ramaphosa’s corruption-busting strategy]( BY Oscar Van Heerden [London Eye: Secrets and truth-telling lies]( BY Margie Orford Weather BFN: min: 13° max: 31, sunny CPT: min: 16° max: 26°, sunny DBN: min: 16° max: 27°, sunny EL: min: 18° max: 28°, cloudy JHB: min: 12° max: 27°, sunny MHK min: 14° max: 31°, sunny NLP: min: 11° max: 31°, sunny PE: min: 16° max: 26°, cloudy PMB: min: 13° max: 33°, sunny Financial Data Oil=$76.37 Gold=$1,230.60 R/$=14.25 R/€=16.35 R/£=18.51 JSE All Share= 51,168.50 DJIA= 25,191.43 BTC$=6,393 [FORWARD THIS EMAIL TO A FRIEND]( Copyright © 2018 Daily Maverick, All rights reserved. You are receiving this mail because you are awesome and on the Daily Maverick First Thing subscriber list. Interested in advertising with us? [Click here](mailto:advertise@dailymaverick.co.za?subject=Advertising%20Query%3A%20First%20Thing%20mailers) to sign the pact. [Getting too many emails from us? 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