In The News South Africa

Mpumalanga ANC distances itself from Ramaphosa rally

JOHANNESBURG, October 17 – The Mpumalanga provincial leadership of the African National Congress (ANC) on Tuesday distanced itself from a text message announcing a rally in Mbombela expected to be addressed by party presidential hopeful, Deputy President Cyril Ramaphosa. Ramaphosa and former African Union Commission chairperson, Nkosazana Dlamini-Zuma, are front runners in the race to lead the […]

In The News International South Africa

ANC condemns attacks against Rohingya minority in Myanmar

JOHANNESBURG, October 16 – The African National Congress (ANC), on Monday condemned “in the strongest terms” the actions of the Myanmar military that have resulted in the displacement of some 509,000 Rohingya Muslims from the Northern Rakhine State to Bangladesh. This has led to a significant humanitarian and refugee crisis that includes an estimated 100,000 […]

Business In The News International South Africa

Rand jumps on Zuma court ruling; MSCI index at 6-year high

Johannesburg, October 13 – The rand jumped to two-week highs on Friday after a court ruling that upheld reinstating corruption charges against President Jacob Zuma, while the rally on broader emerging markets continued. MSCI’s emerging equity index inched to new six-year highs on back of encouraging Chinese trade data, record high world shares and a […]

In The News South Africa

ANC’s economic transformation policy ‘patronage politics’, says Maimane

JOHANNESBURG, October 4 –  Mmusi Maimane, the leader of the opposition party in South Africa, the Democratic Alliance, on Wednesday described the radical economic transformation policy of the ruling African National Congress (ANC) as “a poorly disguised extension of lucrative patronage politics”. Maimane said the ANC’s definition of radical economic transformation was a way of legislating the […]