BusinessLive reports that Cosatu had threatened to demonstrate at the Sun Met‚ in Kenilworth‚ on Saturday if horses owned by disgraced former Steinhoff boss Markus Jooste were to run, but the planned protest was called off.
The labour federation’s Western Cape head‚ Tony Ehrenreich‚ described Jooste as "nothing but a looter" who had collapsed Steinhoff‚ "taking billions of rands from poor people’s pension funds". But on Thursday‚ National Horse Racing Authority CEO Lyndon Barends said no horses would be racing in Jooste’s colours and the fallen tycoon would not be earning a cent at the Sun Met. Ehrenreich said on Saturday: "We will not be protesting today. We feel satisfied that no horses are running for Jooste. There are just a few horses left in the race in which he has a very small stake‚ but it has been agreed that by March even those stakes won’t exist anymore."
- A short report by Tanya Farber is at BusinessLive
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