Good morning. Now that Cyril Ramaphosa has won re-election as ANC president he will have a lengthy to-do list, which includes multiple crises, dealing with enemies in his cabinet and positioning the party to win the 2024 elections. The crumbling state, cabinet reshuffle, 2024 polls Following his re-election, Ramaphosa has a strengthened political hand and …
Good morning. The ANC national elective conference will reconvene on Monday morning to announce the results of the Top 7 voting. Elon Musk asks his Twitter followers if he should step down from running the social media company. Lionel Messi finally wins the FIFA World Cup with Argentina. ANC delegates still voting on Sunday evening …
Good morning. After mounting pressure and a year from hell for Eskom CEO André de Ruyter, he has decided to resign from the power utility, while rolling blackouts continue to persist and Eskom struggles to keep the lights on. De Ruyter was sabotaged and forced into resigning After being publicly attacked by energy minister Gwede …
Good morning. Parliament voted against proceeding with the impeachment process against President Cyril Ramaphosa, paving the way for his re-election at the ANC elective conference. US scientists reported a huge breakthrough in nuclear fusion energy, which could lead to unlimited supplies of clean renewable energy. Rand and financial markets receive a boost following Ramaphosa vote …
Good morning. President Cyril Ramaphosa faces another crucial moment in his presidency today as parliamentarians vote on whether to adopt the Section 89 report recommending the president face an impeachment hearing based on the Phala Phala farm robbery. Nersa will decide this week whether to grant Eskom its 32% electricity tariff hike. Speaker declines requests …
Good morning. Severe rolling blackouts continue after some relief was promised by Eskom over the weekend the power utility had to ramp up load-shedding to stage 5 again following further breakdowns. ANC NEC members put pressure on Gordhan and Mantashe over Eskom’s failures Members of the ANC’s national executive committee fired off angry questions at …
Good morning. The Phala Phala scandal has threatened to topple Cyril Ramaphosa’s presidency, but he has found renewed support in the ANC and seems likely to survive an impeachment vote in parliament next week. But after following Jacob Zuma, a man whose presidential legacy is entwined with scandal, what will Ramaphosa’s legacy be? Going from …
Good morning. On Wednesday, Eskom hiked load-shedding so quickly it was as if the system imploded in a matter of seconds with nearly half of the total grid capacity wiped out, according to the power utility. Around 47% of the total electricity system is down Eskom hiked load-shedding to stage 6 on Wednesday for the …
Good morning. Amid all the political uncertainty in South Africa, economic growth surprised on Tuesday, coming out well above market expectations. But the Phala Phala scandal and speculation over President Cyril Ramaphosa’s future could lead to increased uncertainty over the policy outlook. Analysts are still worried despite GDP growing by 1.6% in the third quarter …
Good morning. President Cyril Ramaphosa is in full fightback mode and has secured the support of his party if any impeachment vote is to happen in parliament while he will challenge the Section 89 report in court. ANC NEC says it will instruct the parliamentary party to vote down the Section 89 report After a …
