Jeremy Maggs on 04/08/2026

Why SA needs an independent anti-corruption agency

‘The real challenge that we have in the fight against corruption is that we don't have an independent anti-corruption entity which is outside of this executive control,’ says Karam Singh of Good Governance Africa.

J Jeremy Maggs
Mpho Hlakudi, Bloomberg on 04/08/2026

Options traders cut long-term bearish bets on rand

One-year risk reversals — the difference in cost between options to sell or buy the rand — traded at 1.8 percentage points on Tuesday, the lowest level since December.

M Mpho Hlakudi, Bloomberg
Jennifer Zabasajja, Paul Burkhardt and Loni Prinsloo, Bloomberg on 04/08/2026

South Africa wins Chinese backing for power-expansion plans

'We’ve already packaged the projects, including rolling out the 14 500 kilometres (9 000 miles) transmission expansion and modernisation,' Ramokgopa said.

J Jennifer Zabasajja, Paul Burkhardt and Loni Prinsloo, Bloomberg
Jeremy Maggs on 04/08/2026

Tourism body responds to alleged Club Med rape

The corruption fight needs more than a reset; fixing Idac isn’t enough. Has the post-pandemic travel boom run out of runway? And the surprising new face of financial resilience.

J Jeremy Maggs
Carmen Reinicke and Ryan Vlastelica, Bloomberg on 04/08/2026

SpaceX’s first earnings offer a chance to reverse stock’s plunge

Elon Musk’s satellite, space and artificial intelligence company went public at $135 in June, and the shares have been on a roller coaster ride ever since, shooting up to $225 in the first days of trading and then plunging below the offering price.

C Carmen Reinicke and Ryan Vlastelica, Bloomberg