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Full coverage of Business Against Corruption Conference, G20 update, Ive bites Apple

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Fri, Jun 28, 2019 04:15 AM

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Friday, 28 June 2019 “You must expect great things of yourself before you can do them.” Mi

[Spread Business Maverick and share the knowledge.]( [Web version here.]( [Business Maverick with Tim Cohen]( Friday, 28 June 2019 “You must expect great things of yourself before you can do them.” Michael Jordan Story of the Day [Business Against Corruption: Fresh calls for State Capture-linked audit, consultancy firms to face harsher sanctions]( [By Ray Mahlaka]( Audit and consultancy firms that have been linked to the corrosive State Capture project have had it too easy. Directors and audit partners of KPMG, Bain & Co and McKinsey & Co have not been arrested for their role in crippling South Africa’s institutions. The consequences they have faced so far are the loss of clients and repayment of money/fees unlawfully earned from state coffers. But there are growing calls for criminal prosecutions or other sanctions. ON THE MARKETS Exchange Rates R/$ = 14.18 +0.12% R/£ = 17.96 +0.12% R/€ = 16.12 +0.11% R/BTC = 161,511.76 -11.75% At -+5am or latest: % open to close Trading the Markets JSE All Share = 58,066.65 -0.61% Dow Jones = 26,536.82 -0.04% Brent Crude ($/bbl) = 65.46 -0.53% Gold ($/oz) = 1,409.12 -0.06% WHILE YOU WERE SLEEPING [Xi Condemns ‘Bullying’: G20 Update]( The world’s most powerful leaders are gathering in Japan for meetings that may set the direction for the global economy and make the difference between war and peace in geopolitical hotspots. [Apple design chief Jony Ive to leave and start own firm]( Jony Ive, a close creative collaborator with Apple Inc co-founder Steve Jobs whose iPhone and other designs fuelled Apple's rise to a $1-trillion company, will leave later this year to form an independent design company. [Glencore Says 19 People Were Killed in Congo Mine Collapse]( Glencore Plc said at least 19 illegal miners were killed when part of a mine collapsed in the Democratic Republic of Congo. [June 28: Five Things You Need to Know to Start Your Day]( Path to a G20 breakthrough remains unclear, euro-area confidence drops to lowest level in three years, and Fed sets the size of Wall Street payouts. Here are some of the things people in markets are talking about today. In Numbers 83 days Scott Gottlieb, the former chief of the US Food and Drug Administration, has joined pharmacutical company Pfizer’s board of directors 83 days after leaving the US drug regulator Fact of the Day Mirazur, a restaurant on the French Riviera, was named the world’s best restaurant this week. Chef Mauro Colagreco’s “picks of the month” for June are Amanites, Courgette Trompette, Gamberoni de San Remo, Pois Chiche Noire. We all know what those are, right? Featured Articles [Shamila Batohi: ‘The state of the NPA is much worse than expected’]( [Shamila Batohi: ‘The state of the NPA is much worse than expected’]( By Rebecca Davis [Business Against Corruption: Focus on whistleblower superstars and the costs of graft]( [Business Against Corruption: Focus on whistleblower superstars and the costs of graft]( By Ed Stoddard [SA must prepare its unskilled labour force to survive the incoming age of automation]( [SA must prepare its unskilled labour force to survive the incoming age of automation]( By Nkateko Mabasa Opinionistas [In debt we (dis)trust: The surprising relationship between junk status and a sovereign debt default]( A column by Xolisa Phillip [Crime will not be solved by political point-scoring]( A column by Alan Winde [To help fix the jobs crisis, bring on smartphone app-renticeships]( A column by Stephen Grootes [FORWARD THIS EMAIL TO A FRIEND]( [Fb]( [Tweet]( [Yt] Copyright © 2019 Daily Maverick, All rights reserved. You are receiving this mail because you are awesome and on the Business Maverick subscriber list. Interested in advertising with us? [Click here to sign the pact.]( [Getting too many emails from us? Manage your preferences]( [Unsubscribe](

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