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TOP 6 on Fin24: The Gordhan-Oakbay ruling, data wars and the total eclipse

Cape Town - In case you missed it, here is a roundup of today's top 6 reads on Fin24:

Court rules against Gordhan's request for relief in Gupta matter 

The North Gauteng High Court has ruled that former finance minister Pravin Gordhan's application seeking declaratory relief from having to intervene with the banks has been dismissed. 

Judge Aubrey Ledwaba also ruled that the costs will have to be carried by Gordhan. 

Former finance minister Pravin Gordhan (Photo: Netwerk24).

Gordhan was right, ministers can't force banks to act - judgment 

Former finance minister Pravin Gordhan was legally correct not to intervene on behalf of the Guptas, whose bank accounts had been blacklisted by South Africa’s top four banks.

The North Gauteng High Court ruled on Friday that there are no laws that allow a minister to intervene in a private bank-client dispute.

Gordhan-Oakbay ruling confirms ‘sanctity’ of client-bank relationships - BASA

The North Gauteng High Court's ruling dismissing an application of former finance minister Pravin Gordhan against Gupta-owned Oakbay has confirmed the "sanctity" of bank-client relationships.

This is the view of Cas Coovadia, managing director of the Banking Association of South Africa (BASA).

Competition Commission joins #DataMustFall feud

The Competition Commission has set in motion a market inquiry into data services with a terms of reference published in the Government Gazette on Friday. 

This publication of the terms of reference officially sets off the inquiry process into the sector, with the commission set to call for submissions after 20 business days. 

Read more. 

ANALYSIS: There will be blood at Eskom 

The ruptures of Gupta involvement at Eskom will continue to haunt the state utility for some time yet, even as it embarks on the difficult process of identifying and holding all employees involved in its capture to account.

This week it appeared that Eskom had taken action against employees complicit in the corruption that has eaten through the state utility. But by the end of the week, everyone was at work again and the reported suspensions swept away.

Airbnb sees listings surge ahead of 21 Aug solar eclipse

On August 21, for the first time in nearly 100 years, the earth, sun and moon will briefly align to cast darkness on a narrow trajectory between Salem, Oregon, and Charleston, South Carolina.

For homeowners living on the route of the Great American Eclipse, the stars appear to be aligning for them to reap a small fortune renting their homes on Airbnb.

NASA astronaut Randy Bresnik captured this image on August 3, 2017 ahead of the August 21 total solar eclipse. Bresnik wrote: "Gorgeous moon rise! Such great detail when seen from space. Next full moon marks #Eclipse2017. We’ll be watching from @Space_Station." (Photo: NASA handout, AFP)

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