Peter Bruce was editor-at-large at Arena Holdings (formerly Tiso Blackstar Group) and editor-in-chief of Business Day, Financial Mail and ABC, the broadcaster of the Business Day TV, Home and Ignition television channels. He was editor of Business Day from 2001 until August 2012.
His previous roles include editor: Financial Mail; editor: Business Report; UK news editor: Financial Times; and Madrid correspondent, Bonn correspondent, industrial correspondent: Financial Times. He describes himself as a media junkie, a die-hard Proteas and Springbok fan and a hopeless Sharks supporter.
One way or another I’ve been doing this since 1996, starting as Editor of the Financial Mail after a year editing Business Report, then a free-standing supplement in what were the O’Reilly metropolitan dalies.
Business Day is South Africa’s leading daily business newspaper, published in Johannesburg, Cape Town, Durban and Port Elizabeth. It is very influential in business and political circles. Our website is at www.bdlive.co.za and we have Apps on all Apple, Android and Blackberry products. The Financial Mail is one of the world’s oldest surviving news magazines, with great traditions and authority. BusinessDayTV currently appears on channel 412 on South Africa’s DSTV bouquet.
PETER BRUCE: A siege economy under ANC control? It won’t work
The other day finance minister Tito Mboweni tweeted: “I am pleased that we have now signed a Memorandum of Agreement on the Infrastructure Fund. A blended fund drawing in the public, private sector and international financial institutions. This is a critical step forward in the economic revival of SA. Lets get on with it!”
Not understanding the jargon, I asked what a blended fund was. Quick as a flash my old news editor at the Financial Times, Alain Catzeflis, replied, eyes rolling as always when I needed educating, that: “It’s where the public sector underwrites the private sector so when it goes bust the public sector can turn to international institutions to bail it out. Keep up.”