Sunday Independent 2021-08-08

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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3 Min
telkom has found the best leader – taukobong

Wesley Diphoko wesley.diphoko@inl.co.za TELKOM is one of the most successful quasi-state enterprises. In 2013, it almost collapsed but, thanks to competent leadership, led by Sipho Maseko, the telecoms giant is standing tall among other quasi-state entities and telecoms giants. When the chief executive announced that he was stepping down, it would have been reasonable to worry about who would be taking over from him. More importantly, the thought of finding a capable leader with the right skills to continue what Maseko started must have occupied the minds of many who care about the important tech giant of South Africa. Fortunately, Maseko was not alone in resuscitating Telkom; he was surrounded by a group of capable leaders who were instrumental, behind the scenes, in rebuilding Telkom. One such leader, Serame…

2 Min
pegagsus – a software that spied on the world

Wesley Diphoko Israel has earned the nickname “Startup Nation” for a couple of reasons: With a population of around 8.5 million and more, it has the largest number of startups per capita in the world, around one startup per 1,400 people. This phenomenon has caught the eyes of companies and governments. One of the startups to come out of this nation is NSO Group which was founded by Shalev Hulio. Formerly a search-and-rescue commander in Israel’s military and then an entrepreneur focused on technology that remotely accessed smartphones, Hulio has said he founded NSO Group in 2010 at the urging of European intelligence agencies. Back then, NSO marketed itself as a state-of-the-art cyberwarfare firm. He is a 39-year-old who likes to talk about his company as an entity that started…

2 Min
consumers to feel the pinch of petrol price hike

Siphelele Dludla siphelele.dludla@inl.co.za LAST week’s petrol price hike, a record high, rubs salt in the wound of overburdened consumers and will probably add to food and transport prices, experts say. Motorists using petrol-pumped vehicles started paying R18.20 a litre for 95 unleaded petrol from Wednesday, while 93 unleaded petrol increased by 91 cents a litre and diesel by 55.58. Wholesale illuminating paraffin went up by 50 cents a litre. This time a year ago, petrol cost R15.17 cents a litre. The Department of Mineral Resources and Energy said the movement in international refined petroleum product prices followed the increasing trend in crude oil prices. The average brent crude oil price increased from $73 to $74 a barrel while the rand depreciated from R13.92 to R14.54 against the dollar during the…

3 Min
biz 101 why sa financiers should advocate for female entrepreneurs

ben bierman Women’s Month in South Africa is celebrated in August, in commemoration of the thousands of women of all races who marched to the Union Buildings in 1956 in protest against Pass Laws for women. The has titled this year’s Women’s Month theme, “Generation Equality: Realising Women’s Rights for an Equal Future”, in solidarity with countries across the world who aim to achieve gender equality by 2030. Gender equality in business is something financiers and everyday South Africans should continue to get behind, by supporting female entrepreneurs. We have come a long way – according to the latest Mastercard Index of Women Entrepreneurs (MIWE), South Africa ranks as the number one destination on the continent where female entrepreneurs can capitalise on opportunities that are supported within their communities.…

1 Min
equality women should be given more space on corporate rungs

Siphelele Dludla siphelele.dludla@inl.co.za THE Commission for Gender Equality (CGE) this week expressed concern over the lack of financial support for female entrepreneurs and female-owned businesses. A recent study by the CGE found that female empowerment programmes were characterised by varying degrees of poor administration and mismanagement. CGE deputy commissioner Dr Nthabiseng Moleko said that this left scores of female entrepreneurs out of opportunities. “Women are put at the bottom of the spectrum when we look at huge business mergers and multimillion-rand acquisition deals and that is where we need to focus,” Moleko said. “Most of our retail space is dominated by large-scale private businesses and that has enabled difficulties in access to market for SMMEs.” Entrepreneur Cassandra Makhubele said it was very difficult for women to receive a small loan of…

3 Min
tshola had a generous heart and mind

Pali Lehohla IN 1973 October, the Anti Antiques, the legendary musical band from Lesotho, came to play at Butha-Buthe High School in Lesotho where I was a student. Tsepo Mobu Tshola and his younger brother were on the vocals, each with a tambourine beating against the thigh. They wowed the 400 or so teenagers that were cramped in the school hall jiving their way into midnight. This was but one very early station of this giant on his 67-year life journey to greatness. Five years later, they would wow us at the National University Netherlands Hall, this time having reincarnated themselves as Uhuru. On their return from a sojourn in London, they changed their name to Sankomota, and became the band to listen to. I was then in Mmabatho working…