Economy

 

Falling BRICS endanger their citizens’ health, starting with Jacob Zuma.

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As he launches the African Regional Centre of the New Development Bank (NDB) in Sandton on Thursday, nearly 18 months behind schedule, Jacob Zuma must have mixed feelings. Strife-riven Brazil, Russia, India and China are more risky allies than Zuma reckoned when in 2010 he accepted Beijing’s invitation to join the club. “I was poisoned..
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What is the key to why Zuma prevails, it’s what happens within the ANC and not in Parliament.

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What matters inside the African National Congress, the party that governs South Africa, is not necessarily what matters outside it. This obvious point is missed by much of the commentary on the latest unsuccessful motion of no confidence in Jacob Zuma – and in much discussion of South African politics. One result of ignoring this..
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Dlamini-Zuma: Radical economic transformation ‘pro-South Africa not anti-white’ – It is not what your comrades states!

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ANC presidential hopeful Nkosazana Dlamini-Zuma has rubbished accusations that calls for radical economic transformation are tantamount to anti-white sentiment. Dlamini-Zuma said the policy of radical economic transformation was in fact “pro-South Africa“. Dlamini-Zuma was speaking on Friday at an event hosted by the Progressive Professionals Forum in Woodmead‚ north of Johannesburg. She advised white people..
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Black experts in the health sector: Where are they?

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Whether it is a story looking at the latest HIV policies or the best way to deliver a baby, I rely on the expertise of health professionals to help me to get my facts right. But in my year as a health reporter, I have been alarmed by one particular aspect of these interactions: the..
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What does the motion of no confidence actually means for Baleka Mbete ??

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Parliament Speaker Baleka Mbete will soon reveal if MPs will vote by secret ballot in the motion of no confidence against President Zuma. With aspirations of being the next ANC president, and a party that demands loyalty, Mbete may have either an opportunity or be at a disadvantage. Over the weekend Mbete spoke about the..
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Current climate at SARS is one of fear and loathing

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SARS spokesman Luther Lebelo went on Radio 702 on Friday to rubbish media reports and clear up perceptions over SARS and its Commissioner‚ Tom Moyane. Lebelo‚ who becomes increasingly agitated as the interview with Stephen Grootes progresses‚ was vehement in defending Moyane over a trip to Dubai in December 2015 and also speaks about the..
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Zuma is still a problem, we will soon know if he is ‘in’ or he is ‘out’.

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As Parliament prepares to debate a motion of no confidence against Jacob Zuma, opposition parties seem assured they will have the numbers to depose the beleaguered ANC leader. Should the vote succeed, both the Democratic Alliance and the Economic Freedom Fighters (EFF), along with some of the leading lights in the ANC, could see their..
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Unemployment in SA rising amongst youth due to poor economic growth

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The unemployment rate of 53% among South Africans between the ages of 15 and 24 shows that young people are the worst hit by poor economic growth, according to a report from the Organisation for Economic Cooperation and Development (OECD). The OECD released its latest report on South Africa this week. According to statistics from..
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The new virtual money options may cause bankruptcy for the ANC government!!

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South Africa’s government is well aware of technological developments regarding virtual or crypto money and has already created an interministerial working group that monitors it in conjunction with private sector experts with a view to possible regulation. It appears from written questions by adv. Anton Alberts, chairman of the FF Plus, to the Minister of..
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KPMG got fired from JSE-listed Sygnia over ‘Gupta links’ – M&G

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JSE-listed asset manager Sygnia has fired KPMG over its alleged role in state capture – the first private sector pressure that has been brought to bear on global firms accused of having questionable business relations with the Gupta family. A series of leaked emails, called the Gupta Leaks, have exposed KPMG for its role as..
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