Speaker of the National Assembly Thandi Modise has declined the DA’s request to debate Eskom’s financial crisis, the party said. This comes after DA MP Natasha Mazzone in May, announced the DA’s intentions to write to the speaker requesting a debate by the newly sworn in sixth Parliament to address the power utility’s financial woes. […]
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Sunday Read: Can Ramaphosa yank SA from the doldrums? Here’s what business can expect from this week’s SONA
With growth contracting faster than economists had predicted at -3.2% in the first quarter of 2019, business is now looking to President Cyril Ramaphosa’s state of the nation address on June 20 for indicators of stimulus measures and plans to yank the economy from the doldrums. Based on the ANC’s lekgotla in May, it is […]
☞Former Zimbabwe first lady Grace Mugabe owns 16 farms
Grace Mugabe, the wife of Zimbabwe former president Robert Mugabe, owns 16 farms, in what is against the country’s land policy which allows ownership of one farm per family. This was revealed by President Emmerson Mnangagwa during a radio interview in Harare on Friday. Using Grace Mugabe’s monicker, Mnangagwa said, “I know of one lady […]
☞Mnangagwa tells Zimbabweans why the country did not adopt the rand
Zimbabwe did not adopt the rand due to onerous conditions set by the South African Reserve Bank, President Emmerson Mnangagwa said on Friday. Speaking during a live radio interview, Mnangagwa said he was part of a committee that approached the SARB, with the intention of adopting the rand as “our domestic currency of Zimbabwe”– before […]
☞China has lots of policy room if trade war worsens – Yi Gang
China has “tremendous” room to adjust monetary policy if the trade war with the US deepens, People’s Bank of China Governor Yi Gang has said. “We have plenty of room in interest rates, we have plenty of room in required reserve ratio rate, and also for the fiscal, monetary policy toolkit, I think the room […]
☞South Sudan seeks $500m loan from African Export-Import Bank
South Sudan is seeking a loan of $500m from the African Export-Import Bank to help fund its 2019-20 spending plans, a government official said. The government’s expenditure of $1.3bn will support a proposed unity government aimed at ending a five-year civil war that has left 400 000 people dead and displaced four million others. The […]
☞Beto O’Rourke Facebook ad spending lags other 2020 Democrats
Democratic presidential candidate and former U.S. Rep. Beto O’Rourke speaks to the press after taking part in a Pride month run, June 12, 2019 in New York City. Drew Angerer | Getty Images Beto O’Rourke established a dominant presence on social media during his nail-biting run for a U.S. Senate seat in Texas last year. […]
☞The only people missing at State Capture hearings are the ones accused
Where are all the alleged perpetrators? That’s the question many South Africans are asking after more than 100 days of public hearings staged by a judicial panel that’s probing graft during Jacob Zuma’s presidency. While scores of witnesses have recounted how bribes were paid to senior officials and billions of rands looted from state coffers, […]
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