The wheels of justice grind slowly, much to the frustration of those with a vested interest in outcomes. But as those in the legal fraternity love telling us, that’s because these wheels grind very finely.
Late yesterday afternoon, Judge Raymond Zondo handed over Part Two of the conclusions drawn from four years of public hearings on State Capture. Within a few hours the document were posted on The Presidency’s website for public consumption.
Part Two focuses on the capture of Transnet (click here to download) and Denel (click here to download).
___STEADY_PAYWALL___
Ramaphosa is playing by the book. He reiterated yesterday that by June 30 the nation will learn how the president intends implementing the Zondo Commission’s recommendations. CR called yesterday’s handover “another significant step forward in the work we need to do to rid our country of corruption.”
Two important reminders at a time when instant pundits wail about the process taking too long and “nothing” being done. First, a wise man possesses all the facts before acting. And second, excising corruption is a lofty goal whose achievement requires time. Right now, patience and cool heads are required. From all of us.
More for you today:
- RW Johnson – Part Two of SA’s Potemkin constitution. His column which assesses the ConCourt’s record of political partiality.
- Bill Ackman Scored on Pandemic Shutdown and Bounceback. Two complex trades on the economy’s swift shutdown and its fevered reopening netted almost $4 billion.
- Tax Haven U.A.E. to Introduce Levy on Corporate Profits. New 9% tax rate will apply from June 1, 2023. Individuals will remain exempt from income and capital-gains taxes.
NB FOR YOUR WALL STREET JOURNAL ACCESS…
As a Premium subscriber you are entitled to full membership of wsj.com (normal price $29 a month). Be sure to action your access through the Premium link on the BizNews website. Because of The Wall Street Journal’s credential requirements, be sure to create a password which has at least 8 characters and includes at least one letter and one number – NB it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner’s website via BizNews Premium at least once a month. A final PS, if you had previously signed up for WSJ you’ll need to clear the cookies from your device. Our help desk can assist – [email protected].
