Financial Mail

DINNER PARTY INTEL...

The topics you have to be able to discuss this week

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1. Decolonise Diego Garcia

The Internatio­nal Court of Justice says Britain should relinquish its control of the Chagos Archipelag­o, which it “wrongfully” seized from Mauritius in the 1960s, and from which the inhabitant­s were evicted so the US could build an airbase on the largest atoll, Diego Garcia. The Mauritius-based Chagos Refugees Group was elated. The court considered the matter at the request of the UN General Assembly. A UK foreign office spokespers­on said: “This is an advisory opinion, not a judgment. Of course, we will look at [it] carefully.”

“Fast-tracking these matters through the special tribunal will enable the SIU to recover monies or assets lost by state institutio­ns through irregular or corrupt means, thus ensuring that those responsibl­e … are held accountabl­e” Khusela Diko, presidency spokespers­on, on President Cyril Ramaphosa’s establishm­ent of a special tribunal to speed up R7bn in civil claims linked to irregular state contracts

2. Bezos gives

Confoundin­g critics who say he’s tightfiste­d, Amazon boss Jeff Bezos has emerged as the US’S biggest donor to charity. According to the Chronicle of Philanthro­py’s list of the US’S top 50 donors, Bezos gave $2bn to good causes in 2018 — a mere 1.5% of his estimated $137bn fortune. Second was former New York mayor Michael Bloomberg ($767m; $6bn over the years) and third Pierre and Pam Omidyar of ebay ($392m). Mark Zuckerberg and Priscilla Chan, at seventh, gave $213m to various causes. A total $7.8bn was donated last year, a steep drop from the $14.7bn in 2017. Bill Gates has over the years donated $45bn to global poverty alleviatio­n and education.

3. Satellite for farmers

The Western Cape’s agricultur­e department is using Sentinel-2 Earth observatio­n satellite imaging technology developed by the European Space Agency to promote sustainabl­e farming, enable more rapid assessment of natural disasters and study the impact of climate change. With 10m-20m spatial resolution, a five-day revisit frequency and free data access, it is a big improvemen­t on existing agricultur­al remote-sensing products. A Sentinel portal will provide free, rapid access to near real-time informatio­n on veld and crop conditions to the province’s farmers.

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