Business In The News South Africa

Uncertainty, weak rand to keep South African central bank from cutting rates

JOHANNESBURG, November 22 – South Africa’s central bank is likely to keep interest rates unchanged at its last policy meeting of the year this week despite a struggling economy, hamstrung by looming inflation pressures stemming from a weak rand currency.       The Reserve Bank’s monetary policy committee, which is chaired by Governor Lesetja Kganyago […]

In The News South Africa

Gauteng ANC accepts Emfuleni mayor’s resignation

JOHANNESBURG,  November 20 – The African National Congress (ANC) Gauteng provincial executive committee on Monday, accepted the decision by Emfuleni Local Municipality mayor Simon Mofokeng to resign as a councillor and mayor, the party said. “After internal organisational processes by the Provincial Office Bearers (POBs) further decisions will be announced,” ANC Gauteng provincial secretary Hope […]

Lead South Africa

South Africa’s economic development will be key factor at ANC elective conference – Dlamini-Zuma

MPUMALANGA, November 18 – African National Congress (ANC) presidential hopeful Dr Nkosazana Dlamini-Zuma on Friday, said the ruling party would brainstorm ideas to develop South Africa’s economy at its up-coming elective conference in order to better the lives of the people. Dlamini-Zuma was addressing a crowd of about 300 people at a community hall in Mandela […]

In The News South Africa

Traditional leaders launch mega investment vehicle for rural communities

JOHANNESBURG, November 17 – South African traditional leaders on Friday launched an investment vehicle aimed at creating job opportunities for their communities and bringing them into the mainstream economy. The launch of the United Royal Kingships Holdings (URKH) was supported by government officials and representatives of the ruling African National Congress (ANC), including Minister of […]

In The News South Africa

SACP contesting Free State by-election ‘regrettable’, says ANC

JOHANNESBURG, November 14 – Although the African National Congress (ANC) is disappointed by the SA Communist Party (SACP) decision to go solo and contest Free State’s Metsimaholo municipality by-elections next month, the governing party will ”further engage” with its alliance partner again, said ANC secretary general Gwede Mantashe. “The ANC NEC (national executive committee) views […]

In The News South Africa

ANCWL nominates Dlamini-Zuma as ANC president, names choice for top 6

JOHANNESBURG,  November 13 – The African National Congress Women’s League on Monday, named Nkosazana Dlamini-Zuma as it’s preferred candidate as president of the ruling party. Mpumalanga Premier and ANC provincial chairperson David “DD” Mabuza was named as the ANCWL’s deputy president, current Arts and Culture Minister Nathi Mthethwa as national chairperson and Free State Premier Ace Magashule as secretary general. […]