[Source: http://today.moneyweb.co.za/article.php?id=799510&cid=2014-12-15#.VI_NAZUcTIU by Jerry Schuitema.]
It was by chance recently that I came across the President’s parable. Many of you may know it, and many will most likely not want to know it. But it is an analogy that President Jacob Zuma seems to favour and has repeated a few times since offering it at the launch of his call centre in 2009. (Is it still functional?). That’s when he asked: “When you are given two loaves of bread and someone says to you one is from government and the other from the private sector, which one would you take?” Read more
[Source: http://citizen.co.za/293278/excessive-secrecy-sa-kasrils/ from SAPA.]
The “excessive secrecy” of President Jacob Zuma and government departments is worrying, former intelligence minister Ronnie Kasrils has said, according to Sunday’s Rapport. Read more
A company chaired and co-owned by the Friends of Jacob Zuma Trust’s founder has been awarded navy contracts worth R406-million, the Sunday Times reported.
Don Mkhwanazi denied his link with the president had anything to do with the awarding of contracts to a company in which he has a 48% share. Read more
[Source: http://www.bdlive.co.za/business/2014/12/12/creation-of-covert-sars-intelligence-unit-done-with-state-approval by Natasha Marian.]
Suspended South African Revenue Service deputy commissioner Ivan Pillay has insisted the intention behind setting up an intelligence-gathering unit in partnership with the National Intelligence Agency (NIA) to probe economic crimes was above board, and sanctioned by the government in 2007. Read more
[Source: http://mg.co.za/article/2014-12-11-the-sars-purge-and-the-anc-election-t-shirts by the Amabhungane Team. Photo by Madelene Cronje.]
Elements of the ruling party appear to be driving a campaign to bring the revenue service to heel. Read more
56 500 000 (mid 2017 estimate)
4.6% y/y in November 2017 (CPI) & +5.1% y/y in November 2017 (PPI)
2% q/q for the 3rd quarter of 2017
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