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Business Maverick: June 12: Five Things You Need to Know to Start Your DayTrump says he’s holding up a trade deal with China ahead of the G-20 summit. Hong Kong braces for unprecedented strikes over an extradition bill. And Asia equity futures are in the red after U.S. stocks ended their winning streak. Here are some of the things people in markets are talking about today.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Obituary: After the Marikana massacre, the writing was on the wall for LonminLonmin, which at one time was the world’s third-largest platinum producer, died on Friday, 7 June, at the age of 110. This script was not set in stone. The company faced many of the challenges that confronted its rivals, some of whom are now thriving. These included depressed prices, unyielding geology, and waves of social and labour unrest. In the end, the boardroom dug its own grave as a series of poor management decisions ultimately laid the company to rest.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Senegal justice ministry calls for inquiry into energy contractsSenegal's justice ministry asked prosecutors on Monday to launch an inquiry into the country's energy contracts after a report alleged that the president's brother was involved in fraud related to two offshore gas blocks being developed by BP.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Trump ready to slap more tariffs on China after G20 meetingU.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China's President at a Group of 20 summit later this month.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK INVESTIGATION: Visual surveillance and weak cyber security, Part One: When cameras get dangerousIn 2019, 15,000 surveillance cameras will be connected to the Internet to monitor Joburg’s streets 24/7. This is courtesy of video surveillance service provider Vumacam. But online cameras can be hacked – often quite easily. This is not only a threat to public safety, but can also place Internet services at risk. And the manufacturer of Vumacam’s cameras, Hikvison, has a checkered cybersecurity history. Daily Maverick investigated and found that Hikvision’s known cyber vulnerabilities may be just the tip of the iceberg.
Source: dailymaverick - 🏆 3. / 84 Read more »
Exhausted South Africa needs hope anchored in reality | IOL Business ReportOPINION: Statistician-General Risenga Maluleke does not stop spewing bad news … writes Dr Pali Lehohla.
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