Sunday Independent 2021-07-25

The Sunday Independent is a weekly English-language newspaper. The Sunday Independent focuses on daily national, local and international national news and analysis. Its leader and opinion page offers a platform for readers to submit their views on topical news.

South Africa
Independent Media Pty Ltd
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4 Min
bring poor into economy to future-proof country

Vivian Warby vivian.warby@inl.co.za As more than 360 malls and shopping centres were burnt down and looted, a handful remained standing during South Africa’s recent week of unrest, violence and looting. The Maponya Mall – the biggest shopping mall in Soweto – was one of those saved. It was held guard by community members, led by Nhlanhla Lux Dlamini, a member of the Soweto Youth Parliament. Thanks to communities, there were those who, without a second thought, jumped in and protected properties against being accessed by vandals and looters when police and private security companies could not act. “This is not the ideal situation… but it does bring to light the role that communities can play beyond simply being one-way beneficiaries of ‘feel-good’ CSI initiatives,” says SA Institute of Black Property…

1 Min
editor’s choice

Clubhouse is open for all Just a year after launching, the audio-only app has announced that it would no longer require users to have an invite to join the app, as it is now available to everyone on iOS and Android. The University of Cape Town has partnered with Valenture Institute, an edtech start-up to start an online high school. Valenture's proprietary learning technology, analytics, and learner-support model will be used in delivering the UCT Online High school platform. Sipho Maseko will step down as group chief executive and executive director of Telkom and its subsidiaries on June 30 next year. The process to appoint a successor is under w​​ay and a designate group chief executive will be announced in the not-too-distant future. The national transport operator says it…

1 Min
housing market in kzn and gauteng uncertain

Edward West edward.west@inl.co.za The impact of last week’s looting and violence in KwaZulu-Natal and Gauteng on consumer confidence would determine the outcome on the residential property market, industry analysts say. The looting and unrest did not appear to have had a massive impact on KwaZulu-Natal’s middle-income residential property market, although the top end of the market was probably dented, Harcourts chief executive Richard Gray said. He said agents at the 36 offices in KwaZulu-Natal did not expect the middle-income market in the province to be severely affected by the rioting. The dent in security and investor confidence, however, might have a bigger impact on the higher end of the property market, said Gray. He said he was more concerned about the effects on the market amid the weak economy. Seeff…

3 Min
biz 101

Protecting your business from riots and disaster Ben Bierman THE unrest that began in KwaZulu-Natal and spread to other parts of the country has come at a great cost to local businesses and the economy. EThekwini mayor Mxolisi Kaunda estimated that the loss of stock and damaged infrastructure caused by the looting and riots, which started in early July, stands at around R160 billion. The South African Property Owners Association estimates that more than 45 000 businesses and 50 000 informal traders were affected. While no one could have predicted the scale of the riots and the effect it would have on businesses, there are some protective measures than can be taken against such events. Be Prepared For Any Eventuality South Africa has a high unemployment rate and remains…

3 Min

Government’s plan to destroy looted goods is devoid of moral logic Pali Lehohla ACTING Minister in the Presidency Khumbudzo Ntshavheni’s statement regarding the treatment of looted goods bears no political, economic, social or moral logic. That perhaps the government has decided to destroy the goods is devoid of any comparator and the circumstances pertinent in South Africa. The statement said the goods, if left to circulate, will collapse the price of marketable goods. The stolen goods are as though they are equivalent to the gold that the 14th century Mansa Musa of Mali distributed and thus collapsed the price of gold. His Mali empire was the largest producer of gold in the world. Ntshavheni, argues that the quantum of the loot will collapse the prices of goods and services…

2 Min
popular global korean trends

MANY don’t know but South Korean culture or K-culture trends began in the 1980s. Today, South Korea is considered a major exporter of popular culture. It started with the K-dramas then the K-pop which spread like a wildfire all across East, Southeast, South Asia and the rest of the world. The development of social networking services and online video sharing platforms, especially YouTube, played a big role in the K-culture explosion worldwide. This heavily impacted contemporary cultures, such as the music industry, film industry, television industry, and behavioural aspects of people throughout the world. Today these are the five most popular K-culture trends among the global youths. Webtoons It originated in South Korea, but now it has gained immense traction among those between 15 – 24 years old. This new…