Wednesday Morning Edition

Good morning all,


WRAP

There’s a planned power outage in George.

The Kurland Forest Triathlon will take place on 27 June.  The latest George Golf Club Newsletter.

I have a feeling that the Washington press corps will soon be wishing Sarah was back behind the mike.  Google is planning to sabotage Trump’s 2020 campaign.  The Feds considers lowering the rate.  Turkey needs to choose whose side they’re on.  France is, at least, paying lip service to the sanctions against Iran – not sure how serious they are though.  Venezuela’s Maduro may yet fall.  Iran remains defiant.

Trumps sends Africa a chilling warning – don’t borrow money from China and then expect the USA to bail you out.  PIC to take disciplinary action against some poor scapegoats.  Get rid of Jiba and Mrwebi already.  DA accuses Ramaphosa of allowing the Zuma faction to take charge.  Denel workers will be paid before Friday.

Gordhan confirms that Eskom will be unbundled – right into the hands of Ramaphosa, Motsoepe and Co?  JSE slips on risk aversion, but the Rand firms on Fed rate cut rumours.  What will happen when the government can no longer borrow more to bail out the SOE’s?

AFCON wrap.  Australia knocks England down another peg.  Brian Lara rushed to hospital with chest pains.  Rassie Erasmus remains one of the few beacons of hope left in SA sport.


LATEST LOCAL NEWS

Planned Power Outage – portion Ramaphosa East line

WEDNESDAY, 26 JUNE 2019 FROM 09:00 TOT 16:30


Life is a Garden | Plant pansies for bursts of colour to cold winter days

Winter has arrived with the most recent cold snap and a few more in the pipeline.


LATEST LOCAL SPORTS NEWS

Kurland Forest Triathlon

The inaugural Kurland Forest Triathlon on Thursday 27 June is a swim, bike and run around the Kurland Estate in Plettenberg Bay. Swim in the dam and cycle and run along trails in the beautiful indigenous forest.


Regular Newsletters

George Golf Club Newsletter

Fancourt Golf Club Newsletter

Knysna Golf Club Newsletter

Pinnacle Point Golf Club Newsletter


International News

Melania Trump spokeswoman Stephanie Grisham to replace Sarah Sanders in White House

Stephanie Grisham, the spokeswoman for first lady Melania Trump, has been announced as the replacement for former White House Press Secretary Sarah Sanders.

Undercover video allegedly reveals Google exec’s plan to sway 2020 election through algorithms

Project Veritas released an undercover video on Monday, which showed Google’s Head of Responsible Innovation, Jen Gennai, saying that the tech giant has been “training our algorithms” to stop the outcome of the 2016 election “from happening again.”

Fed chair makes stronger case for rate cut as global growth risks rise June 25, 2019

Jerome Powell says the latest data have renewed concerns about the strength of the global economy

Turkey to lose F-35 warplane if Russia arms deal goes ahead, says US envoy June 25, 2019

But President Recep Tayyip Erdogan vows to proceed with purchase of the S-400 missile system

France warns Iran against violating nuclear commitments June 25, 2019

Foreign minister says the US’s decision to add sanctions against Tehran leader was disruptive

Venezuela’s former spy chief says Maduro could yet fall June 26, 2019

The Venezuelan president could still lose power as the country is still going through an economic crisis

Iran vows to ditch more nuclear curbs in war of words with US June 25, 2019

Iran said Tuesday it will further free itself from the 2015 nuclear deal in defiance of new American sanctions as US President Donald Trump warned the Islamic republic of “overwhelming” retaliation for any attacks.


National News

Don’t expect debt relief, United States warns Africa June 25, 2019

Africa is facing another potential debt crisis today, with around 40% of low-income countries in the region now in debt distress or at high risk of it, according to an IMF.

PIC to take disciplinary action against staff over R4bn Ayo deal June 26, 2019

Employees testify at Mpati inquiry that former Public Investment Corporation CEO Dan Matjila supported the investment

ConCourt to decide on Jiba, Mrwebi’s fate June 25, 2019

The court is set to hand down judgment in the matter of the General Council of The Bar application to have them struck from the roll of advocates.

‘Zuma faction still in charge’: DA’s Mazzone tells Ramaphosa ANC’s chairpersons announcement felt like a ‘left hook to the jaw’ June 25, 2019

The Zuma faction is still in charge, DA MP Natasha Mazzone told President Cyril Ramaphosa in the debate on his State of the Nation Address during a joint sitting of the houses of Parliament.

Denel employees will get paid: Gordhan June 25, 2019

State arms company Denel will pay its employees all their dues by Friday.


Business News

Rumours are wrong, says Pravin Gordhan — Eskom will be unbundled June 25, 2019

Power utility’s generation, transmission and distribution functions will be separated into three business entities

Progress being made with Eskom unbundling: Gordhan June 25, 2019

Minister of Public Enterprises, Pravin Gordhan says progress has been made in terms of unbundling Eskom as announced by President Cyril Ramaphosa during the February State of the Nation Address (SONA).

MARKET WRAP: JSE slips as investors shy away from risk assets June 25, 2019

Rising tension in the Middle East and the US-China trade war continue to weigh on equities, with local banks and retailers again under pressure

Rand firmer as dollar dips on US rate cut bets June 25, 2019

Stocks fell as investor anxiety mounted over this week’s US-China trade talks at the G20 Summit.

Desperate need for bailouts as SA’s SOEs disintegrate June 25, 2019

Investors say there is an increased likelihood that SA’s government will have to increase sovereign-bond issuance to bail out Eskom


Sports News

WRAP: AFCON June 25, 2019

A comprehensive wrap of all the kick-off times, results and match reports for the Africa Cup of Nations group stage matches:

Australia march into World Cup semi-finals, dent England playoff hopes June 25, 2019

To compound matters, England’s remaining matches are against India and New Zealand, who are both above them on the table.

West Indies legend Lara admitted to Mumbai hospital June 25, 2019

The 50-year-old Trinidadian was rushed to hospital after he complained of discomfort during a promotional event, the Press Trust of India (PTI) news agency said, quoting a source close to the player.

Bok coach Rassie Erasmus covers all his bases June 25, 2019

Captain’s injury forces coach to call up Marcell Coetzee and the uncapped Rynhardt Elstadt as cover


PRESS RELEASES

An evening of La Dolce Vita

An Italian Fiesta of Live Music & Flavour-Full Dining (Cape Town, South Africa) For one night only, on Friday 26 July 2019,…

Madibaz preparing for tough USSA squash challenge

The Madibaz squash team are fired up for the challenge after ending as runners-up last year when they target the…

Take a walk on the ‘waste’ side at SPAR Wildsfees maze

SPAR Eastern Cape will continue to raise awareness of its STOP Plastic campaign with an innovative introduction to the SPAR…


REGULAR COLUMNS & OPINION PIECES

Mixing driving and flu medication can be a formula for disaster

Brian Joss – What is believed to be a new strain of the H1N1 flu virus is making its rounds…

Visser Herselman pair take honours at toughest 1000 Desert Race

Brian Joss – The 2019 Toyota 1000 Desert Race will long be remembered as one of the toughest on record,…

Team Hino Sugawara gearing up for Dakar via the Silk Way

Brian Joss – Hino Team Sugawara, which has been a successful competitor in the Dakar Rally since 1992, setting up…

Double victory for Ford in punishing Desert 1000

Brian Joss – Lance Woolridge and Ward Huxtable (T34)  extended their winning streak in Class T of the 2019 SA…


Until next time…

Bruce

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