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President Jacob Zuma must consider quitting – ANC stalwart

14th December 2015 ANC stalwart Ben Turok on Monday told Talk Radio 702 that President Jacob Zuma should “consider his position” after he created a fiasco, which saw South Africa have three Finance Ministers in four days. Zuma inexplicably fired respected finance minister Nhlanhla Nene on Wednesday and replaced him... 

African Development Bank to expand climate funding avenues

11th December 2015 The African Development Bank (AfDB) is planning to expand the Climate Development Fund for Africa into a trust in a bid to open up international investment avenues to advance the continent’s readiness for climate-resilient, low-carbon development and green growth. The announcement was made on... 

Murray & Roberts slapped with R64m fine

11th December 2015 The Competition Commission of South Africa on Thursday confirmed it had issued a R64.1-million fine to construction giant Murray & Roberts for its involvement in sector collusion related to construction projects for the 2010 World Cup. “Yesterday [on Wednesday], the competition tribunal confirmed... 

SA National Health Insurance to be funded through central fund – Radebe

11th December 2015 The National Health Insurance scheme, approved by cabinet this week, will be funded through a central fund, Minister in the Presidency Jeff Radebe said on Friday. “Cabinet approved the publication of the white paper on the national health insurance for South Africa for public comment,” Radebe... 

SA to hold special meeting on economy

11th December 2015 South Africa’s Minister in the Presidency Jeff Radebe announced on Friday that there would be a special meeting of Cabinet’s economics cluster on Tuesday to discuss the country’s credit rating and falling currency. International ratings agencies last week downgraded South Africa’s credit rating... 

From hounded Merafong mayor to finance minister

10th December 2015 While disappointment has been expressed in many quarters at President Jacob Zuma’s decision to sack finance minister Nhlanhla Nene, all eyes will turn to focus on the man who was sworn in on Thursday to take over the hot seat. David Douglas Des Van Rooyen, who was sworn in as finance minister in... 

Chamber of commerce asks Zuma to explain Nene’s axing

10th December 2015 The South African Chamber of Commerce and Industry (SACCI) on Thursday joined the chorus of concern over the axing of Finance Minister Nhlanhla Nene and urged President Jacob Zuma to explain his shock decision to business leaders. “SACCI notes with concern President Zuma’s removal of Finance... 

SA not part of large coalition for legally binding climate deal

10th December 2015 As nearly 200 countries grappled with the new draft text of what’s hoped will be the world’s first universal accord to battle climate change and its effects, a coalition of nations representing more than 100 countries emerged, to push for a more ambitious deal than most other nations are seeking.... 

Minister Nene’s removal signals lack of leadership – EFF

10th December 2015 The inexplicable axing of Finance Minister Nhlanhla Nene shows a serious crisis in the country’s leadership, the Economic Freedom Fighters (EFF) said on Thursday. “The EFF rejects the piecemeal cabinet reshuffle by [President] Jacob Zuma as a sign of a serious pathological crisis in the... 

Number of service delivery protests drop in Gauteng – Premier

9th December 2015 Gauteng’s service delivery plans have resulted in the drop in the number of protests for the first time in 15 years, Premier David Makhura said on Wednesday. “Gauteng is no longer the number one area of protest actions, the number of protests have dropped, thanks to our Ntirhisano community... 

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