Open Letter to South Africa’s ANC President, Cyril Ramaphosa

Nedbank Chief Executive’s Open Letter to the New ANC President, Cyril Ramaphosa calls for ethical and inspirational leadership with the election of South Africa’s ANC president.

“It is important that we have stable and rational policies, creating an environment that encourages growth for businesses and individuals. South Africa has the potential to provide for all its citizens but, too often, this capacity has been swamped by institutional dysfunction and policy confusion.

The solutions cannot be achieved overnight. But solutions are possible with ethical and inspirational leadership. We believe that business must be a major part of any solution, as must government, labour, civil society, and other role players. Nedbank is committed to playing a key role in developing all sectors of the SA economy and working alongside leadership who have the best interests of South Africa at heart.” – Mike Brown, Nedbank Group Chief Executive. Read:  

US Senate Republicans Approve Tax Overhaul

Senate Republicans passed a dramatic overhaul of the American tax system early Wednesday morning, putting the plan another House vote away from President Donald Trump’s desk after Senate rules forced them to make last-minute changes. Read: 

US Blames North Korea WannaCry Cyberattack

The Trump administration publicly blamed North Korea for unleashing the so-called WannaCry cyberattack earlier this year, which crippled hospitals, banks and other companies across the globe. It infected more than 300,000 computers in 150 countries.

WannaCry was made possible by a flaw in Microsoft’s Windows software, which was discovered by the U.S. National Security Agency and then used by the NSA to build a hacking tool for its own use.

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