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Lifestyle audits on government politicians, public servants set to start - Ramaphosa

By: African News Agency      Updated 5 hours ago Tests on whether the lifestyles of politicians and public officials in South Africa match their incomes are set to become the norm, President Cyril Ramaphosa said on Tuesday, starting with himself and members of his cabinet. "If there ever has been anything that many South Africans would like to... 

Ramaphosa calls for new social compact

By: African News Agency      Updated 6 hours ago President Cyril Ramaphosa on Tuesday called for national unity and a new social compact to revive the economy and ease the plight of South Africa's poor majority. "One thing that we will unite on is advancing the interests of our people," Ramaphosa said in his reply to the debate on his maiden... 

Business organisations hope for greater policy certainty after Zuma’s resignation

By: Anine Kilian     15th February 2018 Industry bodies throughout South Africa have welcomed Jacob Zuma’s decision to step down as President. The South African Chamber of Commerce and Industry (Sacci) on Thursday said it applauded Zuma’s remarks where he reaffirmed and pledged his commitment to the Constitution and the rule of law,... 

Ramaphosa formally elected as President

     15th February 2018 Cyril Ramaphosa was elected as South Africa's new president by the National Assembly on Thursday, a day after the deeply unpopular Jacob Zuma was forced to resign by the ruling party. Ramaphosa, 65, was the sole candidate put forward by the National Assembly and takes up the top post two decades... 

ANC will give Zuma reasons for recalling him

By: News24Wire      15th February 2018 By resigning as president, Jacob Zuma has been spared from yet another vote of no confidence in Parliament, the African National Congress (ANC) said on Thursday night. "It has been going on for almost three to four years and we believe that we do need to give this comrade respect and also spare... 

From 'rejoicing' to 'good riddance', opposition parties react to Zexit

By: News24Wire      15th February 2018 The Democratic Alliance (DA) says it is "rejoicing" at the news that Jacob Zuma has resigned as president, while the United Democratic Movement (UDM) says "good riddance". Zuma announced on Wednesday evening that, although he does not agree with his decision, he will resign as president of the... 

Post-Zuma uncertainty not addressed by current opposition party ideology - Khoza

By: Dylan Slater     13th February 2018 Political party, African Democratic Change (ADeC), has expressed concern that South Africa faces an uncertain future in light of poor opposition leadership and foresight.  

ANC recalls Zuma

By: African News Agency      13th February 2018 African National Congress (ANC) has recalled President Jacob Zuma, the party's secretary-general Ace Magashule announced on Tuesday in Johannesburg. ''The national executive committee decided to recall the president in accordance with rule 12.2 of the ANC, which allows the ANC to recall it’s... 

Ramaphosa pursues "pressing matters" in push for Zuma exit

By: Reuters     9th February 2018 African National Congress (ANC) leader Cyril Ramaphosa pulled out of public events to focus on "pressing matters" on Friday, fuelling speculation that Ramaphosa was making a final push to force Jacob Zuma to step down as South Africa's head of state. Zuma, in power since 2009 and battling... 

Ramaphosa addresses uncertainty around Zuma’s removal

By: Sashnee Moodley     7th February 2018 Deputy President and African National Congress (ANC) president Cyril Ramaphosa on Wednesday released a statement in response to the country’s apparent anxiety around the removal of Jacob Zuma as State President.  Ramaphosa and Zuma had met for discussions about the sitting President’s... 

Opposition DA calls for SA State of Nation to be postponed

By: African News Agency      31st January 2018 The opposition Democratic Alliance (DA) has called for next month's State of the Nation address to be postponed to allow parliament to elect a new president of South Africa. In a statement on Wednesday, DA leader Mmusi Maimane said he had written to the Speaker of the National Assembly Baleka... 

Ramaphosa headed for stormy seas 

By: Aubrey Matshiqi     24th January 2018 The African National Congress (ANC) has a new leader. The question is whether Cyril Ramaphosa is the next President of South Africa. In other words, will Ramaphosa lead the ANC to victory in the national election in 2019, and will the ANC recoup the electoral losses it suffered in the last two... 

Industry confident Eskom board changes will help save utility

By: Megan van Wyngaardt     22nd January 2018 The appointment of a new Eskom board with “credibility, business acumen and experience” has given South African businesses hope that the embattled State-owned entity (SOE) can be salvaged, with a number of organisations lauding Deputy President Cyril Ramaphosa for taking a step in the right... 

BLT SA – specialists in the supply and support of an extensive range of container and bulk handling port equipment – participated at the TOC Africa 2017 conference, held recently in Durban at the ICC.

     22nd January 2018 “This world class terminal operations conference, which focused on port and terminal technology and operations, was well supported by port equipment and technology operators and suppliers,” says Ken Mouritzen, BLT SA. “This was the perfect forum for global collaboration and for local, regional... 

Court rejects Zuma's bid to review State capture report

By: African News Agency      13th December 2017 The High Court in Pretoria on Wednesday ruled that Chief Justice Mogoeng Mogoeng will select the judge to preside over the State capture commission of inquiry ordered by former public protector Thuli Madonsela. "The President [Jacob Zuma] is directed to appoint a commission of inquiry within 30... 

Here is why CR17 is not ahead in ANC leadership race 

By: Aubrey Matshiqi     24th November 2017 In a matter of weeks, the African National Congress (ANC) will elect its fourteenth president. Depending on who or what section of the media one believes, it is either Cyril Ramaohosa (CR17 to his supporters) or Nkosazana Dlamini-Zuma (NDZ) who is, as they say, ‘miles ahead’. This is not... 

Zwane must be probed on State capture and Gupta relations – DA 

By: News24Wire      1st November 2017 There are enough grounds to establish an ad hoc committee of inquiry into Mineral Resources Minister Mosebenzi Zwane’s relationship with the Gupta family and allegations of State capture, said James Lorimer from the Democratic Alliance (DA). Speaking to journalists after a meeting of the... 

Taxes, bailouts and political instability: Gigaba to deliver inaugural MTBPS

By: African News Agency      23rd October 2017 All eyes will be fixed on South African Finance Minister Malusi Gigaba this week when he delivers his first Medium-Term Budget Policy Statement (MTBPS) amid concerns about the fiscal challenges, widespread perceptions of government corruption and wasteful expenditure. Gigaba, who took over the... 

Political change could spark a surge in investment, says Goldman Sachs

By: Kim Cloete     12th October 2017 South Africa has the potential to achieve a 3% economic growth rate, and 5% in the medium term, if the constitutionalists in the African National Congress (ANC) are elected to lead the country, says Goldman Sachs Southern Africa MD Colin Coleman. “With the right leaders in the right... 

McKinsey, KPMG targeted as South Africa graft scandal widens

By: Bloomberg     15th September 2017 After helping topple one of Britain’s best known public-relations companies, South African anti-corruption groups are now targeting US consultancy McKinsey & Co. and auditing firm KPMG for doing work for businesses tied to the Gupta family and President Jacob Zuma’s son. The Guptas, originally... 

SA Businesspeople Depart For Mozambique Brimming With Optimism

     28th August 2017 A 20-member business delegation departs for Mozambique today where their companies will showcase their products and services in the 53rd edition of the Maputo International Trade Fair, commonly known as FACIM which is taking place from Monday 28 August to 3 September 2017. FACIM is an... 

INFRASTRUCTURE AFRICA Business Forum to provide solutions for Africa’s socio-economic challenges

     3rd August 2017 The International Monetary Fund, after a visit to the country in June, warned South Africa that its economy “is extremely vulnerable to external shocks and funding shortfalls.” The Fund added that current political and domestic factors could exacerbate the situation, “especially if accompanied by... 

INFRASTRUCTURE AFRICA Business Forum to provide solutions for Africa’s socio-economic challenges

     27th July 2017 The International Monetary Fund, after a visit to the country in June, warned South Africa that its economy “is extremely vulnerable to external shocks and funding shortfalls.” The Fund added that current political and domestic factors could exacerbate the situation, “especially if accompanied by... 

Vavi urges Rustenburg mineworkers to join Numsa

By: African News Agency      10th July 2017 South African Federation of Trade Unions (Saftu) general secretary Zwelinzima Vavi on Sunday urged mineworkers in Rustenburg to join the National Union of Metalworkers of South Africa (Numsa). “Workers resigning from [the] National Union of Mineworkers [Num] and Association of Mineworkers and... 

We have 'connected the dots' against Zuma – Outa 

By: News24Wire      28th June 2017 President Jacob Zuma recently said he doesn't know why he should resign, nobody told him what he did wrong. The Organisation Undoing Tax Abuse (Outa) took it upon itself to tell him in a vast document that they will deliver to all Members of Parliament (MPs) before the vote of no confidence... 

MPs to include State capture in Molefe probe

By: African News Agency      21st June 2017 Parliament’s portfolio committee on public enterprises on Wednesday resolved to devote August to an in-depth probe of the circumstances surrounding Brian Molefe’s re-appointment to the helm of Eskom, including allegations of the Gupta family’s hold on the power utility. “The committee agrees that... 

Molefe removed as Eskom CEO, board might go too 

By: African News Agency      31st May 2017 Government on Wednesday ordered that Brian Molefe’s return to the helm of Eskom be rescinded and conceded that it had inflicted reputational harm on the country and the power utility. Public Enterprises Minister Lynne Brown told a media briefing she had met with the Eskom board and instructed it... 

DA asks Speaker to appoint ad hoc committee on State capture

By: African News Agency      29th May 2017 The Democratic Alliance (DA) on Monday asked Speaker Baleka Mbete to appoint an ad hoc parliamentary committee to probe ties between President Jacob Zuma, Cabinet ministers and the politically-connected Gutpa family, party leader Mmusi Maimane said on Monday. “Parliament is mandated by the... 

Puma Energy sponsors South Africa’s Flying Lions aerobatic team 

     24th May 2017 International oil company Puma Energy recently announced, at Rand Airport in Germiston, east of Johannesburg, that it was sponsoring the Flying Lions aerobatic team. Keith Campbell reports. 

DA asks AG to probe unnecessary R81m advance payment to Zuma benefactor

By: African News Agency      22nd May 2017 Water and Sanitation Minister Nomvula Mokonyane needs to explain why President Jacob Zuma’s close friend Philani Mavundla was allegedly irregularly paid an advance of tens of millions of rand, the Democratic Alliance (DA) said on Sunday. The DA would ask Auditor General (AG) Kimi Makwetu to... 

AMCU celebrates Workers Day, sends signal to rivals saying politics not unions’ business

By: Ilan Solomons     2nd May 2017 Workers Day is a time when South African workers come together in solidarity with workers worldwide to celebrate the gains made, while also calling for more improvements to the livelihoods and working conditions of labourers around the world, said Association of Mineworkers and Construction Union... 

Anti-Zuma campaigners should rather pressure ruling party to eject him 

By: Aubrey Matshiqi     28th April 2017 To defeat former President Thabo Mbeki, the coalition that supported the then deputy president of the African National Congress (ANC), Jacob Zuma, did two things. Firstly, they decided to step outside the disciplinary framework of the ANC and created structures outside the ruling party in support... 

Sun shines on South Africa’s clean energy future

     21st April 2017 Substantial ultra-violet radiation levels and excellent wind conditions have allowed South Africa to diversify its energy generation mix from one that previously relied heavily upon fossil fuels towards a national grid network that is now supported by “green” renewable energy (RE). In line with... 

Transformation of SA economy non-negotiable – Ramaphosa

By: News24Wire      20th April 2017 The transformation of South Africa's economy is inevitable, Deputy President Cyril Ramaphosa said on Wednesday evening. He was speaking at the Black Business Council dinner under the theme Economic Recovery. 

Sasol finalises currency hedges worth $4bn

By: Terence Creamer     11th April 2017 Energy and chemicals group Sasol reported on Tuesday that it had finalised currency hedges with a total notional amount of $4-billion for its 2018 financial year. The hedges represent about 70% of its expected net rand/US dollar exposure for the period, which runs until June 30, 2018. The... 

‘No firm decisions’ on nuclear, Gigaba insists as he seeks to soothe post-junk anxieties

By: Terence Creamer     4th April 2017 Finance Minister Malusi Gigaba has reiterated South Africa’s stance that the proposed nuclear programme be implemented only at a “pace and scale” that is affordable and denied that any “firm decisions” had been made on the issue, besides Cabinet’s endorsement of a plan to add 9 600 MW of new... 

Business warns of ‘negative spiral’ after reshuffle-induced downgrade

By: Terence Creamer     4th April 2017 Business has warned of a possible “negative spiral” for the country’s economy as a result of President Jacob Zuma’s “ill-considered” March 31 Cabinet reshuffle, which led S&P Global Ratings to downgrade South Africa’s sovereign credit rating to the subinvestment-grade status of BB+, with a... 

Economics now key driver of commercial rooftop solar adoption as supply stabilises - juwi

By: Terence Creamer     3rd April 2017 Renewable energy engineering, procurement and construction services group juwi Renewable Energies expects the commercial solar market in South Africa to undergo a significant shift in the coming months as independent power producers (IPPs) begin playing a more prominent role. CEO Greg Austin says... 

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