ANOTHER BLOW IN THE BUSINESS SECTOR

BUSINESS UPDATES

MTN CEO resigned in the wake of Nigeria fine scandal.

Sufiso Dabengwa has resigned over the weekend after consaltation with the board amid to a whooping $5.2 billion (R70.56 billion) fine by Nigeria Regulators. Two weeks ago, MTN failed to disconnect subscribers with unregistered and incomplete SIM cards.

He is been temporarily replaced by non-executive Chairman Phuthuma Nhleko.
Nhleko to act for maximum of 6 months while MTN identifies successor to Dabengwa. Currently, Nigerian Authorities are in talks with MTN over the fine, which is due on November 6.

*Nigeria is MTN biggest market in Africa, followed by South Africa.

Ex CEO- Sifiso Dabengwa 

ATP WORLD TOURNAMENT

TENNIS- Unstoppable Novak Djokovic continued with the winning streak by winning 10th title of the year.

On Sunday, the world No 1 became the first man to win six Masters titles by defeating Andy Murray 6-2, 6-4 in the finals of the Paris Masters. Djokovic won three of the four grand slam titles- *Australian Open, Wimbledon and US Open.

"I am obviously very proud and very happy to win this title again, It's a great tournament and all the best players in the world were here," Djokovic said at the court side. The Serbian has not lost since the Cincinnati final in August.

British no 1, Andy Murray struggled to keep composure and made to many unforced errors. "It's progress", said Murray after reaching his Paris Masters final. He earned 2 spot in the ATP world rankings following his straight set defeat on Sunday.

Next tournaments: World Tour Finals in London starts November 15-22. The 28-year-old will finish 2015 as No 1 in the ATP rankings.

Source: Super-Sport

Novak Djokovic and Andy Murray

EGYPT PLANE CRASH

Latest Updates: Britain had began repatriating thousands stranded nationals in Egypt. Extra planes flown in to help bring Brits home.

This come after UK government had suspended all flights to and from Egyptian resort two days ago following Saturday's plane crash. Two hundred and twenty four people were killed on board.

In March 2014, the Malaysian AirLine Flight MH370 disappeared without a trace, while travelling from Kuala Lumpur to Beijing. About 239 people killed including crew members. No one has claimed responsibility for that. 

October 2014, Malaysian AirLines Flight MH17 crushed after being hit by a Russian made Bulk missile over eastern Ukraine. A 15-month investigation was conducted by the Dutch Board; and 283 people were killed.

In this incident, ISIS said "they will respond in their own time of how they've targeted flight 9268.

Could Islamic State have bombed Flight 9268?

British MP said: 'likely' bomb brought down plane. Whereas, Russia and Egypt say no evidence disaster caused by bomb, and rejects claims of responsibility by IS-linked militants.

Meanwhile, US officials believe bomb theory but says it's a no 'definitive conclusion'.

Source: BBC

By: Nelly Portia

Aftermath- images of the plane crash

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BACK-TO-BACK RUGBY WORLD CUP

Check out @WWOS9's Tweet: https://twitter.com/WWOS9/status/660522079624695808?s=09 #RWC2015 final Highlights of the match

McCaw "is the greatest All Back we've ever had, and Dan's a close second, "New Zealand coaching Steve Hansen said. 

New Zealand claimed a record third Rugby World Cup win. The All Blacks became the first team to retain the cup by defeating the Wallabies 34-17 at Twickenham on Saturday.
Australia scored two converted tries with the one-man advantage, and All Blacks scored five-tries.

Captain Richie McCaw: "When you have moments like this why would you ever call it a day?" McCaw, 34, the most capped international rugby player in history with 148th test is undecided about his future.

Teammate, Dan Carter has announced his International retirement after scoring a record 1,598 points in 112 appearances. A career best finisher missed out the 2011 final through injury. On Sunday, the 33-year-old was named the World Rugby player of the year for a third time at a ceremony in London.

*Accolades received by Players:

1. All Blacks have won Team of the Year
2. Dan Carter named Player of the Year
3. Julian Savea won International Rugby Player's Try of the Year
4. Nehe Milner-Skudder earned the Breakthrough Player of the Year (debut year in the black jersey)

*Departing Players:
RWC squad All Blacks are Ben Flanks, Ma'a Nonu, Conrad Smith, Dan Carter, Colin Slade, Keven Mealamu and Tony Woodcock.

"You have all played pivotal roles in making this All Blacks team the champion side it is and we wish you well in the next chapter of your careers". -New Zealand Rugby Chairman Brent Impey

Sources: All-Black(pub)media.com and BBC sports

Nelly Portia

ZUMA GETS A MARCH

Check out @eNCA's Tweet: https://twitter.com/eNCA/status/660034381692723200?s=09

Can't keep up with 'month of march'. #ANCWL #gogomarch and Zuma being the integral subject-

"It's being staged during former ANC president Oliver Tambo's birth month and is to honour him as well as all other leaders of the ANC", said ANCWL spokesperson Toko Xasa.

Thousands of women are marching to the Union Buildings to support president Jacob Zuma and defend the movement in general. They are marching to protect the dignity of president, who was once again painted. The recent portrayal shows president's genitals in the mouth of a woman.

ANC Women's League is leading the march to hand over a memorandum.

Nelly Portia
    

News Rap: NOR NEAR END

News Rap: NOR NEAR END: A March for Economic Freedom



#EFFMarch Check out @mojoIOL's Tweet: https://twitter.com/mojoIOL/status/658981830591389697?s=09 ...

Johannesburg CBD was brought to a halt yesterday, when EFF supporters handed over a memorandum of demand to the Chamber of Mines, Reserve Bank and Johannesburg Stock Exchange.

              Malema leading in front



At the Reserve Bank, Deputy governor Daniel Mminele promised to attend to demands of EFF memorandum.

At the Chamber of Mines their demands entails that of better working conditions, salary for miners and finding for free education from the mine companies are not 'negotiable'-


In Sandton at the Johannesburg Stock Exchange, they demanded that listed companies contribute to a conductive economy. "A minimum of 50% of all the JSE companies should be owned and controlled by workers. This is different from the BEE schemes which empower few individuals", said Julius Malema.



Meanwhile, JSE to analyse EFF demands for economic transformation and free education in 30 days.

Source: iol sap- mail&guardian

Nelly Portia

REPRESSIVE FORCE

Check out @TheCapeArgus's Tweet: https://twitter.com/TheCapeArgus/status/657409073621680128?s=09

STUDENTS STAND UNITED IN SOLIDARITY"

It's a national shut down. Today students from various universities will march to the Union Buildings. Vice-Chancellor and Students Leaders will meet with the president to discuss the #FeesMustFall revolt.

On Wednesday in Cape Town, the parliamentary failed to invite students representatives inside Parliament to engage in the fee hiking protest and find solution. 'If they don't discuss the matter with students', there's no way forward to this.

The government and university Vice-Chancellor on Tuesday said fees would be capped at 6percent for the year. Whereas, students are pushing for a zero increase.

By: Nelly Portia