Thursday Morning Edition

 Good morning all,


MY VIEW

The Knysna Timber Festival shows that we are made of sterner stuff.  Road works around Great Brak progressing well.  George scholar patrol and driver of the year competitions at the end of the month.  Knysna Library Services scoop two prizes at Funda Mzantsi.  George water situation still looks good – and the demand has dropped significantly.  Planned power outage for Ballot’s bay.

S Cape men’s mid-amateur golf team struggle in Kimberly.  Fancourt Golf Club Newsletter.

Bloomberg’s move smacks of opportunism.  Even Goldman is fed up with China’s antics.  FLOTUS weighs in on the Kavanaugh affair.  The Pope’s comments smack of opportunism.  Trump trashes the ‘climate change’ hoax. 

Hawks swoop on the new NMB administration – well that didn’t take long.  VBS looks more like a pyramid scheme than a bank.  Hogan & Gordhan’s testimony delayed until next month.  If Ramaphosa applies the same standard to the rest of his ministers we may see a few more cabinet reshuffles. 

Naspers drags the JSE down – now there’s a dinosaur than needs to wake up.  Ten tax complaints and SARS has to repay R450 million – how about taxing the illegal cigarette industry rather than scam honest business people? 

Let’s hope Rassie vd Dussen is not another one-hit-wonder.  Willie le Roux looks set for the end-of-year tour.  Refs for our three tests in Europe announced.  Banyana hold Chile to a draw after losing the first game – making progress like the cricketers! 



Top Local Stories 

Knysna Timber Festival confirms: Knysna is rising

The success of the fifth Knysna Timber Festival – held at Timber Village over the weekend of 5-7 October, 2018 – was a powerful demonstration of the Garden Route’s resilience in the aftermath of last year’s devastating fires, which seriously affected the timber value chain.

Good progress with roadworks near Groot-Brakrivier

Good progress is being made with a Department of Transport and Public Works (DTPW) project to upgrade the portion of MR344 (R102) between Hartenbos and Groot-Brakrivier, as well as the portion of DR1578 between Tergniet and Wolwedans.

Scholar Patrol of Year 2018

The annual competition forms part of the George Municipality’s awareness activities during Transport Month in October, and is aimed at highlighting traffic safety at schools.  Date: Friday 26 October 2018

Major manoeuvres at Driver of the Year competition on Saturday, 20 October 2018

George’s top professional truck and bus drivers will be showing off their skills during the 2018 Driver of the Year Competition in the Eden Meander shopping centre parking lot on Saturday, 20 October 2018.

Knysna Library Services wins two prizes at Funda Mzantsi Reading Competition

The team walked away with first prize in the Afrikaans Spelling Bee category and second prize in the IsiXhosa category.

George Municipality water update 10 October 2018

Dam level: 67.79% (down from 69.45% last week Wednesday).  Rainfall since 4 October 2018: 3.1mm.  Demand/usage: 19.54 megalitres (target 22Ml).  Months water left: 8.

Planned power outage – Ballotsbay line farming area


Chenin Blanc – what’s not to love?

“What’s your favourite wine?” If I’ve been asked this once, I’ve been asked it a thousand times and I’m never sure if they mean what is my most memorable bottle of all time or rather, my most often purchased, best-quality-relative-to-price label.


Latest Local Sports News

Free State on fire at SA Mid-Amateur

Wednesday: WP 7 – S Cape 5.  Ekhuruleni 7.5 – S Cape 4.5

Lions roar at SA Mid-Amateur IPT

Tuesday: Central Gauteng 11 vs Southern Cape 1.  Southern Cape 9.5 vs North West 2.5

Fancourt Golf Club Newsletter


International News

Michael Bloomberg rejoins Democrats ahead of 2020 US election October 10, 2018

The billionaire and former New York mayor says ‘We need Democrats to provide the checks and balance our nation so badly needs’

Goldman will not rule out US naming China a currency manipulator October 10, 2018

The yuan has slid more than 10% against the dollar in the last six months, raising speculation that China is deliberately weakening its currency as tension with the US escalate

Melania Trump: Women accusing men should ‘show the evidence’ October 10, 2018

US First lady Melania Trump says women who make accusations of sexual abuse “need to be heard” and need to be supported, but so do men.

Pope says abortion is like hiring ‘contract killer’ October 10, 2018

Pope Francis compared having an abortion to hiring a “contract killer”.

Trump questions UN global warming report October 10, 2018

The landmark report released Monday said that time is running out to avert climate-induced disaster. The Intergovernmental Panel for Climate Change (IPCC) declared it had “high confidence” in its predictions.


National News

Hawks swoop on PE’s city hall and talk to mayor Mongameli Bobani October 10, 2018

The matter is believed to be in connection with an ongoing investigation into Nelson Mandela Bay’s beleaguered integrated public transport system

Zuma Foundation, Prasa and Floyd Shivambu’s brother implicated in VBS report October 10, 2018

The forensic report lists a number of former executives of VBS and its largest shareholder, Vele Investments, that were the perpetrators and beneficiaries of the crime

Two ministers have testimony delayed as Zondo state-capture inquiry postponed October 10, 2018

Former and current public enterprises ministers, Barbara Hogan and Pravin Gordhan, will now testify in November

Ramaphosa to apply same standards on other ministers: SAHRC October 10, 2018

The SAHRC has called on President Cyril Ramaphosa to apply the same standards on other Ministers and other public office bearers as he did on Minister Nhlanhla Nene. 


Business News

MARKET WRAP: JSE falls sharply in global risk-off trade October 10, 2018

Naspers tumbles 6% as emerging-market stocks are sold off after IMF warns of repeat of 2008 crisis

Ten complaints alone to tax ombud result in almost R450m in refunds to taxpayers October 10, 2018

The tax ombud’s annual report showed that the office had a 99% success rate

S Africa should seek damages from KPMG over bank graft: central bank probe October 10, 2018

South Africa should seek damages from global auditor KPMG for the role it played in a corruption scandal that saw at least 1.9 billion rand ($130 million) stolen from local bank VBS, a central bank investigation published on Wednesday said.


Sports News

It is pretty close to perfect – Van der Dussen October 10, 2018

Proteas batsman, Rassie van der Dussen hailed his debut T20I 50 against Zimbabwe as the ‘perfect’ start to his international career.

Wasps boss ‘anticipates’ Willie le Roux will feature for Boks on end-of-year tour October 10, 2018

“My relationship with Willie is good, and I would never do anything to stop anyone taking part in international rugby.”

Referees confirmed for Springboks’ November Tests October 10, 2018

World Rugby on Wednesday confirmed the appointment of match officials for all the November internationals; here are the Springboks’ referees

Banyana draw against Chile October 10, 2018

Chile fought back from a goal down, on two occasions to record a 2-all draw against Banyana Banyana in their second international friendly match at Estadio Santa Laura in Santiago. 


Press Releases

Paarl & Wellington wine tourism celebrates the roots of Pinotage

The Paarl & Wellington wine routes are celebrating International Pinotage Day on Saturday, 13 October, by paying homage to the…

ALMERO releases debut album!

Almero definitely needs no introduction in South African music circles. This is his second year in the industry and he…

Hoffman has a point to prove in Satellite Classic

Nolan Hoffman says he is always motivated to prove others wrong and that will be his goal when he defends…


Regular Columns & Opinion Pieces

Selecting the Correct Benchmark for South African Equity – adequate diversification paramount for prudent investors

Retirement fund trustees often ask us how it is possible for every investment manager pitching for business to claim to…

Gumtree World Rallycross final returns to Killarney Raceway

Brian Joss – World Rallycross of South Africa first took place in Cape Town at the Killarney International Raceway in…

First Ford Ranger Raptor trial units Produced in South Africa

Brian Joss – The dream of producing the highly anticipated Ford Ranger Raptor has taken a big step closer to…

Cartoon – Zondo Casualty Ward

Have you factored in the safety of your elderly this holiday season?

Holiday plans are being made and excitement is in the air with only a few weeks left until the end-of-year…


Until next time…

Bruce

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