DM Weekly Wrap - Shivambu's T-Shirt to Banking Hustle

[Click here for the web version of this email]( [Daily Maverick]( Sunday, 21 October 2018 Story of the Week [From red T-shirts hawker to multimillion-rand transaction adviser]( By Ferial Haffajee At just 30 years old, Brian Answer Shivambu has enjoyed a spectacular career and achieved significant economic freedom. In a few short years, he went from being the EFF merchandiser-in-chief to earning R16-million in a single year as a transaction adviser to Vele Investments, the majority shareholder in VBS, the bank looted so comprehensively that it had to be placed in curatorship. [As Saudi Arabia’s diplomatic crisis worsens, SA remains silent – because of the Denel deal, critics claim]( Saudi Arabia may pay a heavy diplomatic and financial price for the disappearance of dissident journalist Jamal Khashoggi. International criticism of the Saudi government has been steadily amplifying, with threats of sanctions from the US and calls from European nations for a full investigation into Khashoggi’s fate. From South Africa, however, there has been silence – raising questions about whether potential Saudi investment in state arms company Denel could be playing a role. By Rebecca Davis [Fire Moyane NOW, Judge Nugent urges Ramaphosa, and begin recovery process with a new, competent leadership in place]( Tom Moyane was “reckless” and “irresponsible” and must be removed from his position as Commissioner of SARS “urgently” and “without delay”, Judge Robert Nugent recommended in a preliminary report delivered to President Cyril Ramaphosa. He further recommended that a fitting and permanent SARS head be appointed without delay. By Pauli Van Wyk [Omotoso abuse raises case for regulating religion]( Cheryl Zondi defiantly challenged her rape accuser this week. A Chapter Nine institution said it shouldn’t have happened, and must never happen again. But Parliament won’t listen to the complaints. By Greg Nicolson [Uncapturing the SABC by undoing Hlaudi’s enforcers’ network]( On 17 October the new SABC board will mark a year in the saddle of the emaciated, and yet bucking, horse that is the public broadcaster. It is also the first anniversary of a landmark ruling by Judge Elias Matojane in the North Gauteng High court entrenching the SABC board's independence. In the meantime, mopping up operations after Hurricane Hlaudi continue as the former COO’s willing enforcers now find themselves in the spotlight, facing charges of misconduct. By Marianne Thamm [State Capture inquiry might crush the ANC unless it reforms 227 Reactions]( The State Capture inquiry might have dislodged a boulder that could crush the ANC, unless the party clears a path to safety. By Omry Makgoale [South Africa’s inexhaustible blaming desire — and why we should proceed with caution]( We are living through another blame and finger-pointing season. The EFF appears to blame the Reserve Bank and the Treasury (and, somehow, Pravin Gordhan) for the VBS bank scandal. The ANC and DA are relentless too, and almost everyone is blaming the Sunday Times and its now former journalists for what happened at SARS. Everyone, everywhere, blames other people for everything, for corruption, for crime, for the last 10 years, for the last 24 years, for the 342 years before that. In a democracy such as ours, it is expected and human. But when the blame game is based on politics and not facts, it is to the detriment of us all. By Stephen Grootes [Jessie Duarte perfectly encapsulates the ANC’s failure]( The greatest weakness of the ANC was perfectly articulated in Jessie Duarte’s article on 11 October. For 20 years when confronted with failure the ANC has said “our policies have failed, but we are planning to do more of the same”, and that is intrinsically what Duarte said on Thursday. The ANC is fundamentally incapable of looking at results and adapting policies to ensure its goals. This aside from the cancer of corruption that has eaten at every vital organ of the ANC body politic since Schabir Shaik, Jackie Selebi and Tony Yengeni led the charge down the moral toilet. By Ian Von Memerty [FORWARD THIS EMAIL TO A FRIEND]( Copyright © 2018 Daily Maverick, All rights reserved. You are receiving this mail because you are awesome and on the Daily Maverick First Thing subscriber list. [Getting too many emails from us? Manage your preferences]( | [Unsubscribe](