THE THIRD UMPIRE

FLOYD SHIVAMBU

The EFF deputy president has been given a slap on the wrist (docked just nine days’ pay) for failing to disclose to parliament a total of R180,000 he was paid by his brother Brian’s company, which allegedly got R16m from the looted and now defunct VBS Bank.

SEAN SUMMERS

The former Pick n Pay CEO is to return from the UK to take the helm of the grocery chain in the place of Pieter Boone, who is stepping down in the wake of a dire trading statement and plunging share price. If anyone knows Pick n Pay it is Summers.

SA EQUITIES

Net equity outflows from SA have reached R100bn after foreign investors sold another R1bn worth of local shares over the past week. Investor perceptions of SA’s growth prospects have become increasingly grim over the past several years.