MASHATILE UNMASKED | The failed R30bn housing fund and the R491m bill from Paul's pals

Secret ANC, DA talks 'positive' as ruling party woos opposition parties

View Online Good Morning, SA In the two years that Deputy President Paul Mashatile was the housing MEC in Gauteng, a law firm and a consulting company - part-owned by his long-standing friend - Mncedisi Ndlovu, banked R337 million from Gauteng's human settlements department. KELLY ANDERSON, AUDIENCE ENGAGEMENT EDITOR MASHATILE UNMASKED | The failed R30bn housing fund and the R491m bill from Paul's pals The story: Mashatile swiftly took hold of Gauteng's human settlements department in 2016, shortly after his appointment in the portfolio for the second time in two years.   What we know: Using the legal advice of two companies linked to Mncedisi Ndlovu, Mashatile attempted to set up a R30-billion fund to finance mega housing projects.   What's more: The fund would have been exempt from the strictest public finance rules and regulations, but it failed to get off the ground. Read the full story COALITION NATION | Secret ANC, DA talks 'positive' as ruling party woos opposition parties The story: Discussions between the ANC and the country's opposition parties to establish a government of national unity are taking place in secret.   What we know: The official opposition, the DA, met the ANC on Saturday for a "positive" meeting.   What's next: The ANC wants to secure as many opposition supporters as possible to outvote "sleepers" in the governing party.  Read the full story Inside De Beers' plan to be a 'great company beyond Anglo American' The story: De Beers is rolling out a new strategy to grow value.   What we know: The diamond producer expects it will be better off outside of the Anglo stable.   What's next: The company will pursue a listing, but first needs to expand its price exposure beyond volatile diamond prices. Read the full story Sponsored | Bravery in bytes, pioneering the future of girls in ICT Young Female Graduates Lead the Way in ICT Advancement News for You COMPANIES A month on, did Amazon's SA marketplace debut fall flat? All indicators show that the take-up of Amazon's South African e-commerce site in the month since it launched has been slow. NEWS Matric gatekeeping: Western Cape principal reinstated after deregistering 'underperformers' A high school principal admitted during an arbitration hearing that 18 Grade 12 pupils, who were deregistered from his school, were underperformers and "unlikely to pass their matric exams". NEWS Joburg businessman found guilty of hate speech for using k-word granted leave to appeal A Johannesburg businessman has been granted leave to appeal to the Supreme Court of Appeal after a ruling by the Equality Court found him guilty of hate speech for using the k-word multiple times. Balancing act: Can the GNU craft unity amid ideological rifts? The most significant risk to establishing a government of national unity, or its operation once established, is the ANC's broad church of competing interests, writes Mpumelelo Mkhabela. MPUMELELO MKHABELA Meanwhile, in the rest of the world French President (for now) Emmanuel Macron unexpectedly called snap elections after the far right trounced him in European elections, with the very real prospect that Marine Le Pen's National Rally will take control of parliament.   Benny Gantz and his moderates quit Benjamin Netanyahu's government, saying the Israeli Prime Minister "is preventing us from progressing to a real victory" in Gaza. A Hamas-controlled media office said Israel killed 274 people in a rescue operation that retrieved four hostages from the Al-Nuseirat camp, 64 of them children. Colombia, Israel's main supplier of coal, said it was halting exports until Israel complied with the provisional measures ordered by the International Court of Justice. Aid started to flow into Gaza again using a repaired US-built floating pier. For the details, or for the latest on the Hamas-Israel war, see our continuing live update.   Kenya's President William Ruto expects his country's police to deploy in Haiti in a matter of weeks.   And Zimbabwe's President Emmerson Mnangagwa offered free hyenas when asked whether Russia should take out a couple of European countries as a lesson to the rest, while sharing a stage with Vladimir Putin.   Must-read in lifestyle Comrades 2024: A magical day of sunshine, dreams coming true and SA being 'sweet' The 2024 Comrades Marathon attracted runners from all over the world and delivered a magical day. Read more Loftus semi crunch: It's Jake v Jacques in striking clash of philosophies Jake White pitting his wiles against Jacques Nienaber will be a source of fascination in the Bulls-Leinster semi-final, writes Rob Houwing. Read more From Orville Peck to Dave Matthews: 6 international music stars you didn't know had SA origins From country artist Orville Peck to indie songstress Alice Phoebe Lou, these SA-born artists have made a name for themselves. Read more No sex, no problem? Unpacking the surprising effects of abstinence on the body and mind Have you ever pondered the physiological and psychological effects of abstaining from sex? Here's an enlightening perspective from a local wellness guru. Read more DOWNLOAD THE NEWS24 APP CONNECT WITH US

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