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/ 8 September 2006

Parreira vs the PSL

The South African Football Association has included no measurable performance assessment plan in the lucrative four-year contract signed by Brazilian coach Carlos Alberto Parreira this week. And Safa has no road map or turnaround strategy for the struggling national team in the run-up to hosting the World Cup in 2010.

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/ 8 September 2006

Masetlha tells state to keep its cash

Embattled former National Intelligence Agency (NIA) director general Billy Masetlha rejected a golden handshake of more than R1million offered to him by the government after his dismissal. This is revealed in court documents lodged by Masetlha in a bid to overturn President Thabo Mbeki’s decision to suspend and dismiss him as head of NIA.

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/ 8 September 2006

Don’t count your roubles

The R7,2-billion in foreign direct investment promised by the Russian investment group Renova may not be quite what it seems, documents detailing the financial structure of the deal suggest. The most prominent among the business people accompanying Russian President Vladimir Putin on his first visit to South Africa was Renova chairperson Victor Vekselberg, Russia’s third-richest man.