Rob Rose, author of The Grand Scam, has written about the shifting of blame that construction group, Wilson Bayly Holmes-Ovcon (WBHO) has been attempting following a tender-rigging scam which saw them being fined R311-million. In a column for Business Day Rose questions the actions of executive chairman Mike Wylie, who has blamed the media “for keeping the collusion issue in the public eye, and harming his company’s reputation.”
Sometimes you feel governance rules do nothing more than satisfy the box-tickers. After all, you can have as many eminently qualified “independent directors” pitching up for board meetings and nibbling politely on the sandwiches, and yet this doesn’t protect you from a Leisurenet or Enron.
But just occasionally something happens to reaffirms that these rules do mean something. Regal Bank, for example, collapsed partly because CEO Jeff Levenstein “confused corporate governance with thuggery”, while the board did “not know” what they should have, and didn’t keep Levenstein in check. Here, proper governance would have helped.
Gary Player was interviewed on KFM over the weekend, paying his respects to former president Nelson Mandela, who passed away on Thursday. Player spoke about his love and respect for Mandela, who he says exemplified the word “love”.
“We must remember what he gave back to this country at a time when we really needed great leadership and I only hope that all leaders in the future will remember and adhere to his great dream of a true democracy and we’ll be a great country in the future,” Player said.
Lisa Kretschmer, co-author of Welcome to the Real World!, spoke to John Maytham on 567 Cape Talk about voting and young people’s attitudes towards it.
“Voting is a privilege, it’s a right and it is your duty,” Kretschmer said. She says that many young people don’t vote because they feel as though it doesn’t make a difference, but that each vote is like a brick in a wall and the wall is what protects our democracy.
To pay tribute to Nelson Mandela, who passed away last night, Max du Preez has shared an excerpt from his book, A Rumour of Spring, in which he writes about how some people “elevate Mandela to an unusual phenomenon because of a reluctance to admit that Africa could produce someone so exemplary.”
In this excerpt, Du Preez writes that this is a misconception: “Mandela is a special, gifted man, but he has himself said many times, as has his old friend Walter Sisulu and others, that he is purely and simply a product of African and South African society, history and spirituality.”
Du Preez writes that Mandela gave South Africa a glimpse of what we could be as a nation and reminds us that, “we are the products of the same history and society that produced a Nelson Mandela”.
Many people outside South Africa make the same mistake as many white South Africans: they think Nelson Mandela is an exception; an aberration. Mandela is not like other black people, they say. They elevate Mandela to an unusual phenomenon because of a reluctance to admit that Africa could produce someone so exemplary.
This misconception lies at the heart of the paranoia among right wing South Africans, recently repeated in some foreign media, that when Mandela dies, black people will drop the pretence of the last twenty years and start murdering whites.
Max du Preez recently joined Sue Grant-Marshall on Radio Today to discuss his new book, A Rumour of Spring. Du Preez explains that the title of the book references the different futures that people are predicting for South Africa, with some thinking that there’s an Arab Spring coming and others thinking that there will be a new dawn of hope.
Du Preez commented that his views have not changed over the years: “I am someone who believes in human dignity, freedom, responsible government and democracy and we didn’t have that before 1994 and we’re certainly not having that now.” He says he is therefore still making the same points in his writing, but that now his opponents are coming from elsewhere.
Die einde van 2013 is byna hier en talle matrieks staan voor die keuse van wat om volgende jaar te doen: dadelik begin studeer of eers ‘n oorbruggingsjaar (gap-jaar) vat?
In Welcome to the Real World bied Alex Ferguson-Williams en Lisa Kretschmer praktiese raad vir skoolverlaters. Lees die volgende uittreksel uit die boek waarin die skrywers die opsies vir ‘n plaaslike of internasionale oorbruggingsjaar uiteensit, die voor- en nadele van ‘n gap-jaar lys, en raad bied oor hoe om op ‘n instelling vir hoër-onderrig te besluit.
Jy hoef nie oorsee te gaan om ’n goeie oorbruggingsjaar te hê nie. Local is net so lekker, en jy het baie opsies:
• Kry ’n werk en spaar vir jou studies, terwyl jy ook ’n bietjie geldelike vryheid proe. Jy kry terselfdertyd ’n voorsmakie van die werkende wêreld en ’n paar vaardighede by.
• Werk as vrywilliger in minderbevoorregte gemeenskappe of help met wild- of natuurbewaringsprojekte.
Zebra Press and Novel Books invite you to the launch of The Grand Scam by Rob Rose on Thursday 12 December.
The event starts at 5:30 PM for 6 PM.
See you there!
- Date: Thursday, 12 December 2013
- Time: 5:30 PM for 6:00 PM
- Venue: Novel Books,
Shop F8A, Hobart Grove Shopping Centre,
Corner Hobart and Grosvenor Roads,
Johannesburg | Map
- RSVP: email@example.com, 011 463 9320
Ant Katz from the South African Jewish Report has written about The Grand Scam by Rob Rose, which examines the Ponzi scheme run by Barry Tannenbaum between 2005 and 2009. In the book Rose reveals that Tannenbaum spent over R62 million on online poker in just a few years.
Katz writes that before senior public prosecutor Glynnis Breytenbach was suspended in 2011 she was trying to get Tannenbaum, who is living in Australia, extradited. Sipho Masombuka from The Times reported last month that “the R54-million seized by the National Prosecuting Authority’s asset forfeiture unit from the huge Ponzi scheme set up by businessman Tannenbaum resulted in the surpassing of the unit’s R55-million target”.
As fugitives Barry Tannenbaum and his partner and lawyer Dean Rees were spending R5,000 per bottle of champagne SCHMOOZING & LURING INVESTORS on a yacht they were renting for R500,000 a day, Tannenbaum was blowing a whopping R62-mil on online poker gaming!
9g-TannenbaumSunday Times Business Times editor Rob Rose published a new book on the alleged Ponzi scheme by Barry Tannenbaum that fleeced wealthy businessmen of a reported R12.5-billion. Rose reveals Tannenbaum as a “con artist who stole investors’ cash to satisfy his voracious appetite for poker.”
Money from the multibillion-rand Barry Tannenbaum Ponzi scheme made up most of the R82-million deposited in the state’s criminal assets recovery account.
Justice Minister Jeff Radebe said in Pretoria yesterday that the R54-million seized by the National Prosecuting Authority’s asset forfeiture unit from the huge Ponzi scheme set up by businessman Tannenbaum resulted in the surpassing of the unit’s R55-million target.
In 1948 Daniel François Malan entered the Mr Mielie Board pageant and swept to victory, Stienie Dikderm and Herodotus Hlope explain in this excerpt from The Unauthorised History of South Africa.
Without social media or television the news of his win became somewhat blown out of proportion: “As the weeks went on, thousands of whites began to believe that the Mr Mielie Board pageant had in fact been a general election, and in June 1948, the National Party officially took over control of the country.”
Read the excerpt:
In 1948, the small farming community of Vrekvandors in the western Transvaal was abuzz with excitement. Everyone was looking forward to the biggest social event of the year: the 1948 Mr Mielie Board pageant. Most of the contestants were local farm boys, eager to bring glory and fame to their families by taking home the coveted Golden Mielie trophy and a lifetime’s subscription to Farmer’s Weekly. In the weeks building up to the event, all were hard at work practising their skills for the talent contest part of the pageant, perfecting their calf-branding techniques, tuning their accordions or sewing the last few sequins on tiny dresses that would be worn by pigs in the swine couture parade at the end of the show.
This year there would be a new contender. Daniel François Malan, affectionately known by his closest friends, his primary school teachers and his parents as ‘Mr Malan’, was the leader of the National Party. (He was also the party’s official Pin-Up Matinee Idol, Head Flagellant, Grand Wizard, Uber-Dominee and Caterer.) A general election was coming, and his colleagues in the National Party had urged him to try new ways of putting the party in the public eye to boost its popularity. A karaoke evening had been a resounding failure, and plans to publish a calendar of tasteful nude photographs of the National Party leadership had been abandoned after five camera lenses spontaneously shattered. But when Malan suggested that he enter the Mr Mielie Board pageant, his colleagues hailed him as a visionary.
Random House Struik is offering you the opportunity to win a hamper containing three of Zebra’s latest titles. The hamper includes The Unauthorised History of South Africa by Stienie Dikderm and Herodotus Hlope, A Rumour of Spring: South Africa after 20 years of Democracy by Max du Preez and The Grand Scam by Rob Rose.
To enter and stand a chance of winning simply enter your details on the Random House Struik website and answer the following question:
When will democracy in South Africa turn 20?
A. 14 April 2014
B. 20 April 2014
C. 27 April 2014