Flash Briefing: Police close in on minister for spying on SA captains of industry; Road Accident Fund in crisis
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* South Africa’s Road Accident Fund is on the brink of collapse, after it secured an extraordinary court order preventing claims. GroundUp reports that the Fund has been mismanaged and riddled with corruption.
* Former intelligence minister David Mahlobo is facing a police investigation over illegal spying activities on critics of former president Jacob Zuma.
A state security operative said people targeted in the spying activities included former Sygnia CEO Magda Wierzycka.
* Africa’s mainly poor nations are falling behind in the global vaccination race with under 13 million doses administered so far to the continent’s 1.3 billion people, according to the Africa Centers for Disease Control and Prevention. Meanwhile, the price of the Pfizer vaccine has shot up dramatically.
* NYSE-listed Chinese tech giant Alibaba jumped in value despite a report that it had received a massive fine of 4% of 2019 revenue for monopolistic behaviour. Learn more about your ad choices. Visit megaphone.fm/adchoices
* Former intelligence minister David Mahlobo is facing a police investigation over illegal spying activities on critics of former president Jacob Zuma.
A state security operative said people targeted in the spying activities included former Sygnia CEO Magda Wierzycka.
* Africa’s mainly poor nations are falling behind in the global vaccination race with under 13 million doses administered so far to the continent’s 1.3 billion people, according to the Africa Centers for Disease Control and Prevention. Meanwhile, the price of the Pfizer vaccine has shot up dramatically.
* NYSE-listed Chinese tech giant Alibaba jumped in value despite a report that it had received a massive fine of 4% of 2019 revenue for monopolistic behaviour. Learn more about your ad choices. Visit megaphone.fm/adchoices
