This from moneyweb.co.za:
JOHANNESBURG – We’re in uncharted territory. Friday’s jaw-dropping news – that the British public had a day earlier voted to leave the European Union (EU) by a 1.9% margin – sent markets into an immediate tailspin, as analysts from across the globe offered educated guesses as to what the longer-term implications of this monumental decision will be for the world economy.
The truth, however, is that nobody knows.
“The problem is, we don’t know what it means, we don’t really know. We’re all stabbing at things…,” deputy chairman at Sasfin Securities, David Shapiro, was honest enough to admit.
Dozens of media reports quote experts warning that Britain will almost certainly slip into recession off the back of its decision, particularly if it loses, among others, the easy access to European markets that it has enjoyed for the past 43 years.
London losing its status as a global financial centre, and the decline in income, jobs and property prices that will follow; sustained pound weakness; and a response by the Bank of England to slash interest rates to zero while introducing quantitative easing, are some of the other suggested outcomes of this vote.
Full story here:
This from news24.com:
Cape Town – Acting CEO Jimi Matthews has resigned from the SABC, saying recent changes at the broadcaster are “wrong” and he has compromised his values under the current leadership.
Matthews posted a picture of his resignation letter on Twitter on Monday morning, indicating his decision to leave following widespread changes under COO Hlaudi Motsoeneng.
“For many months I have compromised the values that I hold dear under the mistaken belief that I could be more effective inside the SABC than outside, passing comment from the side-lines.”
Full story here:
SA Rugby President Oregan Hoskins on Sunday thanked Junior Springbok coach Dawie Theron for his immense contribution to rugby in South Africa as a coach and player and wished him luck for the next chapter in his career in Japan.
Theron completed his six-year reign as the Junior Springbok coach on Saturday in the bronze playoff at the World Rugby Under-20 Championship in Manchester England, against Argentina, in which the team suffered a 49-19 defeat.
Under Theron’s guidance, the Junior Springboks won the Junior World title in 2012 and collected one silver and two bronze medals in the past six years.
As a player Theron earned 13 Test caps, while he played for the Griquas Rugby Union from 1996 to 2009, before working his way up to become a celebrated provincial coach at the Kimberley-based union.
He will join the Docomo Red Hurricanes in Japan on 19 July at their summer camp in Hokkaido, with his contract running until 31 March 2018.
“On behalf of SA Rugby I would like to thank Dawie for his immense contribution to South African rugby,” said Mr Hoskins. “Dawie has been a fine ambassador for South African rugby having established himself as a top class provincial player and later a Springbok, and then a fine coach. Continue reading
Springbok fullback Willie le Roux was suspended for one week after pleading guilty to a charge of breaching Law 10.4 (i), during the test match between South Africa and Ireland in Port Elizabeth on Saturday.
Le Roux was cited by commissioner James Absaloms of Kenya for making contact with Ireland fullback Tiernan O’Halloran in the 11th minute of the match as they both leapt in the air for a high ball, causing the Irish player to somersault and land heavily on his upper body and head. Le Roux accepted the citing complaint.
Judicial Officer Terry Willis of Australia heard the case in Port Elizabeth on Sunday and found that the relevant entry point for the offence was at the lower end and accepted the submission made by Advocate Attie Heyns on behalf of Le Roux that a one-week suspension was appropriate.
Le Roux is suspended for the match between his province, The Sharks, and the Lions on Saturday, 2 July, after which he will be free to play.
Johannesburg/Lagos, 26 June 2016: BET Africa (DStv channel 129) has revealed that legendary South African artist Black Coffee has become the first South African artist to winBest International Act: Africa at the BET Awards, while Nigerian newcomer Falz has accelerated his career with a well-deserved win in the Viewer’s Choice: Best New Act category.
To watch Black Coffee and Falz receive their awards, tune into the BETAwards premiere on BET (DStv channel 129) on Tuesday 28 June at 19:00CAT.
Commented Alex Okosi, Senior Vice President & Managing Director of Viacom International Media Networks, operator of BET in Africa, “There will be celebrations in South Africa and Nigeria tonight: after this landmark win for African music talent. For two such outstanding and exciting artists – both established and emerging – to have their talent showcased to the world at a prestigious ceremony like the BET Awards is incredibly gratifying and humbling, and exceeds even our wildest dreams.” Continue reading
Junior Springbok coach Dawie Theron on Saturday described his team’s 49-19 defeat against Argentina in the bronze playoff at the World Rugby Under-20 Championship in Manchester, England, as one of the most disappointing moments in his career.
The Junior Boks were outscored six tries to three by a physical and well-balanced Argentina side at the AJ Bell stadium despite an enterprising opening quarter, which saw them build up an encouraging 19-7 lead.
“This is one of the most disappointing moments of my career and certainly the biggest disappointment in my six years with the Junior Springboks,” Theron said after the match. “This young team has a lot of talent, but they need to complement that with the right decisions at the right time on the field.
“We started off well against Argentina, but one try against the run of play resulted in us losing belief. We didn’t stick to our structures and we made bad decisions, while Argentina stuck to what worked for them.
“Argentina dominated physically and England did the same in the semi-final, and we could not counter that. We certainly missed the international competition in our warm-up games coming into this tournament. Continue reading
Springbok coach, Allister Coetzee, on Saturday hailed the resilience of his team and lauded the impact of senior players after South Africa clinched the Castle Lager Incoming Series against Ireland with a 19-13 win at the Nelson Mandela Bay Stadium in Port Elizabeth.
The win secured a 2-1 victory in the series, after Ireland won the opening test in Cape Town and the Springboks edged them in Johannesburg.
“We started the series with a loss and we were 19-3 down in Johannesburg. And here today we were really put to the test, so I am very pleased in the result and series win,” Coetzee said.
“The resilience and character of the team really came through. We fought in the trenches and played test rugby out there today. It was not attractive, but we needed to win,” Coetzee said.
The coach hailed the attitude of the team.
“The attitude cannot be faulted,” he said. “The performance of senior players was great. What was also pleasing was the way the new players adapted to test match rugby. There are many instinctive players in the team, but they learned valuable lessons from the step-up to test rugby.
“This is all part of the building process for this team and the foundation looks solid,” the coach said. Continue reading
Springbok fullback Willie le Roux was cited for allegedly breaching Law 10.4 (i), tackling a player in the air, during the test match between South Africa and Ireland in Port Elizabeth on Saturday.
Le Roux was cited by commissioner James Absaloms of Kenya for making contact with Ireland fullback Tiernan O’Halloran in the 11th minute of the match as they both leapt in the air for a high ball, causing the Irish player to somersault and land heavily on his upper body and head. Le Roux was given a temporary suspension (yellow card) for the offence by referee Glen Jackson. South Africa won the Test 19-13.
The hearing will take place at the Southern Sun Garden Court hotel in Port Elizabeth and be heard by Judicial Officer, Terry Willis, of Australia.
The City of Cape Town’s Social Development and Early Childhood Development Directorate will soon incorporate 32 baby simulators into its Substance Abuse Programme for children.
The Directorate started the acquisition process in 2015 and took delivery of the simulators a few months ago. Each of its eight districts will receive four simulators including a healthy baby simulator, substance abuse addiction simulator, foetal alcohol syndrome simulator, and a shaken baby syndrome simulator.
‘The simulators are able to illustrate quite vividly the impact of substance abuse during pregnancy, the effects of child abuse, as well as the fact that parenting is no walk in the park. It is an unconventional method, but a pilot project last year showed that it works,’ said the City’s Mayoral Committee Member for Social Development and Early Childhood Development, Councillor Suzette Little. Continue reading