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Gigaba urges tax practitioners to help combat illicit financial flows

By: African News Agency      11th September 2017 Finance Minister Malusi Gigaba has on Monday, urged South African tax practitioners to assist government in combating corruption, money laundering and illicit financial flows which deprive taxpayers their deserved benefits. Gigaba said that the tax revenues collected kept South Africa running,... 

Land redistribution must go beyond populism - Jonas 

By: News24Wire      25th August 2017 Land redistribution must be a product of inclusive growth and not a response to populist calls for expropriation without compensation, former deputy finance minister Mcebisi Jonas said on Thursday. Direct redistribution of assets, such as land, could improve economic growth, but only if done... 

The unravelling of Jacob Zuma  

By: Aubrey Matshiqi     19th May 2017 At the memorial service for former President Nelson Mandela, a section of the crowd booed President Jacob Zuma. At the end of last year, former Tourism Minister Derek Hanekom stood up at a meeting of the national executive committee (NEC) of the African National Congress (ANC) and proposed a vote... 

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... 

Missing ingredient

By: Terence Creamer     28th April 2017 Before compiling the National Development Plan (NDP), the drafters diagnosed South Africa’s socioeconomic predicament as follows: widespread poverty and extreme inequality persist; too few South Africans are employed; the quality of education for poor black South Africans is substandard; poorly... 

Cope calls for mass Cabinet resignation

By: News24Wire      31st March 2017 The Congress of the People (Cope) has called for a mass resignation by Cabinet in protest against President Jacob Zuma's reshuffle, which saw Finance Minister Pravin Gordhan and his deputy Mcebisi Jonas among those removed. "In our view this was not a genuine and honest Cabinet reshuffle based on... 

Gigaba in hot seat as new Finance Minister

By: News24Wire      31st March 2017 Former home affairs minister Malusi Gigaba has replaced Pravin Gordhan as the new Finance Minister of South Africa. Gigaba, born in 1971 in KwaZulu-Natal holds a bachelor-degree in Education and a Masters in Arts degree in Social Policy from the University of Durban Westville. 

ANC wants Presidency to have more powers to allocate State resources

By: News24Wire      13th March 2017 The frican National Congress (ANC) has proposed that the Presidency be strengthened to become a "strategic centre of power" in government, driving resource allocation within the state. This is one of the key proposals in the governing party’s policy document on legislature and governance released... 

Parties recommit to AMV Compact, Mbeki praises initiative’s aims

By: Ilan Solomons     9th February 2017 Delegates at a policy dialogue forum during the 2017 Investing in African Mining Indaba heard strong re-endorsements from public and private sector speakers for the Africa Mining Vision (AMV) Compact. The AMV Compact was launched at last year’s Mining Indaba, where it received early support from... 

Mining remains core to defining South Africa’s economy – Manuel 

By: Martin Creamer     2nd February 2017 For the last 150 years, mining has been the driving force of South African industry and economic development. Even though dislike of mining is expressed in various ways, that does not take away from the manner in which mining has shaped South Africa and influenced the interactions of its people. 

Former President Mbeki appointed Unisa chancellor

By: Samantha Herbst     9th December 2016 In an effort to sustain the reputable profile of outgoing University of South Africa (Unisa) chancellor Judge Bernard Ngoepe, who served the university for 15 years before stepping down this week, Unisa has appointed former South African President Thabo Mbeki its new chancellor. In a media... 

South Africa has not reached tipping point - Mbeki

By: News24Wire      9th November 2016 Former President, Thabo Mbeki, said on Tuesday while the country was in a general crisis, it had not reached tipping point. “I have argued that our country is immersed in a general crisis. Fortunately we have not as yet arrived at the tipping point when the country becomes ungovernable, with... 

Zuma to face fifth motion of no confidence on Thursday 

By: African News Agency      8th November 2016 President Jacob Zuma will on Thursday face his fifth motion of no confidence since 2012 after Speaker Baleke Mbete agreed to a debate called for by the Democratic Alliance. “I wish to inform you that the motion is scheduled for 10 November 2016,” her office confirmed in a letter to DA chief whip... 

Continental vision identifies mining’s role in transforming economies

By: David Oliveira     21st October 2016 The need to diversify Africa’s primary-resource export-focused economies in support of other industry-related value chains is key to helping transform the continent’s economy and generate greater wealth from its significant minerals endowment. At this year’s Joburg Indaba, which took place... 

SA government to lease, then buy, VIP aircraft

By: Keith Campbell     23rd September 2016 The South African Air Force (SAAF) will acquire a VIP aircraft for Presidential travel, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula affirmed last week, reported specialist news website Defenceweb. While this acquisition process is under way, an aircraft will be leased to... 

New VIP jet for South Africa will be bought, says Defence Minister 

By: Keith Campbell     13th September 2016 The South African Air Force (SAAF) will acquire a new VIP aircraft for presidential travel, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula affirmed on Tuesday, reported specialist news website Defenceweb. While this acquisition process is under way, an aircraft will be leased to... 

Proposed VIP jet lease costs released and denounced

By: Keith Campbell     12th September 2016 In a written reply to a Parliamentary question, South African Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula has revealed that the government has budgeted R100-million to lease a VIP jet during the 2016/17 financial year. She further confirmed that a Request for Offer had been... 

Stats SA boss slams UN invoice-fraud report

By: News24Wire      28th July 2016 Statistician-general Pali Lehohla disputed the accuracy of a United Nations report on invoice fraud, which states that there had been gross discrepancies in South Africa’s records of gold exports and that of its trading partners. The United Nations Conference on Trade and Development (Unctad)... 

Terry Crawford-Browne to challenge arms deal commission findings in ConCourt  

By: News24Wire      19th July 2016 Arms deal critic Terry Crawford-Browne has filed an application at the Constitutional Court, asking it to set aside the Seriti Commission's report. In a statement released on Tuesday, Crawford-Browne said he had requested the court to set aside the commission’s report, and to "instruct the... 

South Africa has lost respect in Africa – Mbeki

By: News24Wire      27th June 2016 Former President Thabo Mbeki said South Africa has lost the respect of countries, both in Africa and globally,  which had invested in its success. Speaking in Johannesburg on Friday night at the launch of The Thabo Mbeki I Know , a book written by various contributors about him, Mbeki said it... 

Country, not individuals, must come first – Mbeki

By: News24Wire      26th April 2016 In what seemed to be a veiled reference to President Jacob Zuma, former president Thabo Mbeki has said the country’s interests needed to come before those of an individual. A national dialogue was needed to deal with the country’s problems. People needed to discuss what was wrong and where they... 

Opposition calls arms deal report a predictable whitewash

By: News24Wire      21st April 2016 The Seriti commission’s finding that there was no evidence of government corruption in the 1999 arms deal amounted to a predictable but disappointing whitewash, opposition politicians said on Thursday after President Jacob Zuma made it public in a televised address. Zuma said the commission found... 

This is a moment of deep crisis - Manuel

By: News24Wire      6th April 2016 South Africa is in a moment of deep crisis following the Constitutional Court's judgment, and it would be in the country's best interests for President Jacob Zuma to step down, former finance minister Trevor Manuel has said. "When I look at the Constitution... I know that it was president of the... 

Cope to lay treason charges against Zuma, Guptas

By: News24Wire      17th March 2016 The Congress of the People will be laying charges of treason and corruption against President Jacob Zuma and members of the Gupta family on Thursday, spokesperson Dennis Bloem said. Bloem said the charges were being laid at the Brooklyn police station and he would provide further details later. 

Time for tough decisions as rand weakness persists

By: Saliem Fakir     5th February 2016 Many years back, the rand plummeted, reaching its lowest level against the dollar – close to R25 to the US currency. This was around 2001 and  prompted the then President Thabo Mbeki to launch a commission of inquiry into the collapse of the rand. Although the commission attributed the currency's... 

Civil society pins hopes on summit to revive dying African Peer Review Mechanism

By: African News Agency      26th January 2016 Civil society activists are pinning their hopes on African leaders to revive a flagging continental mechanism for improving governance, at a summit in Addis Ababa this week. The African Peer Review Mechanism (APRM) is a 14-year old process whereby volunteer African countries scrutinise each... 

Crisis excellent opportunity to rescue mining – Motlanthe 

By: Martin Creamer     7th January 2016 The current crisis in South Africa’s mining industry should be grasped as an excellent opportunity to introduce material change through an effective joint organising body that gets things done within specified timelines. “We’re in a rut and need to pull ourselves out of it together,” says former... 

Manuel adds major muscle to Old Mutual board

By: News24Wire      3rd December 2015 Old Mutual South Africa has scored a massive boost in its aim to comply with the Twin Peaks supervisory regime with the announcement that former Finance Minister Trevor Manuel will become its chairperson. Manuel will join the board of Old Mutual on January 1, 2015 and is set to become the... 

Sixteen S Africans ranked among top 100 on continent

By: Megan van Wyngaardt     26th November 2015 Sixteen South Africans are among New African magazine’s 100 Most Influential Africans, including the country’s students – following the recent ‘feesmustfall’ protests that swept across universities in all provinces. Those listed came from a range of sectors including politics, business, civil... 

Mbeki slams Economic Partnership Agreements with EU as unfair and unbalanced

By: African News Agency      8th October 2015 Former South African President Thabo Mbeki has slammed the Economic Partnership Agreements (EPAs) which the European Union (EU) has signed with developing countries, because he says they put “featherweights” in the boxing ring with the “heavyweight” EU. Mbeki said African concerns about the... 

R10.8bn flows out of SA illegally

By: News24Wire      29th September 2015 A total of R10.8-billion was illegally transferred out of South Africa during the past year, according to national police commissioner general Riah Phiyega. She and Police Minister Nathi Nhleko released South Africa's crime statistics for the past year on Tuesday.   

Africa loses R50bn every year in illicit flow of funds – Mbeki

By: News24Wire      4th September 2015 Africa loses more than R50-billion every year as a result of the illicit flow of funds, former president Thabo Mbeki has said. "Africa faces the great challenge of large volumes of capital leaving the continent illicitly - money that our continent needs to address the challenges of development,"... 

African knowledge society crucial – Mbeki

By: RDM News Wire      30th July 2015 One of the major tasks which faced universities was advocacy to convince the political class in Africa that institutions of learning are “indeed situated at the centre of the African development agenda” and therefore need new significant investment to improve their capacity to discharge their... 

ANC, alliance to discuss 'crisis of unity'

By: News24Wire      29th June 2015 The African National Congress (ANC) and its alliance partners are meeting this week to discuss what has been described as a 'crisis of unity' created as far back as 2005. National leaders of the ANC, the South African Communist Party (SACP) and the Congress of South African Trade Unions (Cosatu)... 

DA wants Key Points Act repealed 

By: Sapa     23rd January 2015 The DA plans to submit a private members' bill to Parliament to nullify the National Key Points Act because it is inconsistent with transparency and accountability. "The National Key Points Act of 1980 is a self-serving act that should be relegated to an apartheid scrap heap," Democratic Alliance... 

First salvos fired in ANC leadership battles  

By: Aubrey Matshiqi     17th October 2014 The elective national conference of the African National Congress (ANC) is still three years away but, if the deliberations at the Gauteng provincial conference of the ruling party are anything to go by, the first salvos in the political and leadership battles have already been fired. To put... 

Call for commission of inquiry into power crisis is spot-on

By: Sisa Njikelana     17th October 2014 The University of Cape Town's Professor Eberhad recently called for a commission of inquiry on what he regards as an electricity crisis that is currently prevalent in the country. The first challenge this call presents is whether there is adequate acknowledgement that we have a crisis on our... 

SA should become part of rising Africa – Mbeki 

By: Sapa     10th October 2014 Africa was a rising continent and South Africa should become part of that rising, former President Thabo Mbeki said on Thursday. "Africa is rising -- let the South African corporate world become part of the story of the rising of the African continent," he said. 

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