Good morning. After South Africa waited with bated breath on Friday to see whether Cyril Ramaphosa would resign the presidency, he has decided to stay on and fight a Section 89 panel report, which states the president may have violated the Constitution. Here’s what you need to know today: ANC National Working Committee decided parliamentary …
Good morning. It was a day of high political drama on Thursday with news circulating that President Cyril Ramaphosa is likely to resign as head of state and president of the ANC over the Section 89 independent panel report into Phala Phala. Ramaphosa is yet to step down and for now, remains on the job, …
Good morning. Here’s what you need to know today: Ramaphosa faces impeachment over Phala Phala saga. Tough political and constitutional decisions await the ANC over Ramaphosa’s fate. ANC NEC to convene an emergency meeting on Thursday to discuss Phala Phala report. Impeachment Edges Closer for South Africa’s President, Cyril Ramaphosa – New York Times It …
Good morning. Here’s what you need to know today: SA’s job creation isn’t congruent with GDP. New Alzheimer’s drug hailed as ‘momentous’. Alibaba founder Jack Ma is hiding out in Japan. US stocks flat as investors look to Powell’s speech. Slide in jobless rate defies economy’s sombre signals – Business Day South Africa has added …
Good morning. Here’s what you need to know today: De Ruyter says Eskom struggles to retain executives. Mantashe calls for De Ruyter to be replaced. China’s economy faces immense challenges despite growth. The US Fed will likely have to keep interest rates high into 2024. Police and courts not helping in Eskom’s crime fight, says …
Good morning. Here’s what you need to know today: Power cuts to continue with Eskom short on capacity. Digital Vibes and Phala Phala are not the same says Gwede Mantashe. Protests against China’s covid-zero policy breakout across the country. Breakdowns, diesel shortages at Eskom mean power cuts will continue – Daily Maverick Eskom anticipates that …
Good morning here’s what you need to know today: Interest rate pain won’t end any time soon. Markus Jooste to face German prosecutors next year. Former FTX boss Sam Bankman-Fried explains a Ponzi scheme months before the collapse of the crypto exchange. Interest rate stress won’t ease soon, as inflation worries Reserve Bank – News24 …
Good morning. Here’s what you need to know today: SA Reserve Bank likely to hike interest rate by 75 bps. The latest inflation figures show that onions, salad dressing and air travel got more expensive. Zweli Mkhize criticises court’s decision to send Jacob Zuma back to prison. Reserve Bank expected to hold the line on …
Good morning. Here’s what you need to know today: Zuma is unlikely to go back to prison any time soon. Taxi union says it won’t back down in its strike action against the Western Cape government. Twitter delays its Blue Verification service again. Jacob Zuma unlikely to see prison cell soon – Business Day The …
Good morning. Here’s what you need to know today: Eskom’s decline will not end anytime soon. Stage 5 load-shedding to be implemented this week. The rand could strengthen to R15.20/$ by the end of 2023. Breaking point: Eskom metrics, projections show parastatal’s decline will not end anytime soon – News24 Eskom will be unable to …
