JOHANNESBURG – The five best read stories on Alec Hogg’s BizNews.com, Sunday, June 7 2015:

1. FIFA’s Blazer admits in court: “We took bribes to award SA 2010 World Cup.”

2. Jimmy Manyi: Black CEOs bank accounts transformed not the companies

3. Nairobi becoming a serious Africa HQ alternative to Joburg – ask GE

4. Simon Kuper: Why Sepp Blatter is a genius – he understands where power lies

5. Water shortages loom for SA: worst drought in two decades

BizNews.com is SA's fastest growing business news website. Founded by internet publishing pioneer and broadcaster Alec Hogg, it specialises in providing breaking news and expert opinion on money and investments. BizNews is based in the JSE's Media Hub and the team can be reached on 011 326 7003 / 9

To sign up for the site's free daily newsletter click here. Alec can also be followed on Twitter here.