After another electoral victory in South Africa, the ruling African National Congress (ANC)-South African Communist Party (SACP) regime plans to pursue what it calls the “radical second phase” of its ongoing revolution. Read more
[Source: http://www.publicnewshub.com/rights-group-afriforum-submits-report-on-secrecy-bill-to-zuma/ by Robert Wiggill.]
Civil-rights organisation, AfriForum, has submitted further legal opinion on South Africa’s proposed Protection of State Information Bill to President Jacob Zuma on Tuesday.
According to AfriForum CEO, Ernst Roets, the rights organisation has various concerns with the act and have thus submitted a legal view to the president to be considered. Read more
[Source: http://www.moneyweb.co.za/moneyweb-political-economy/anc-said-to-decide-on-rawmaterials-export-taxes by Franz Wild, Bloomberg.]
South Africa’s ruling African National Congress decided to introduce measures including export taxes in the next five years to encourage companies to use raw local materials for domestic manufacturing, according to a person with knowledge of the matter. Read more
[Source: http://www.bloomberg.com/news/2014-06-30/south-african-economy-threatened-as-biggest-union-goes-on-strike.html by Kamlesh Bhuckory and Paul Burkhardt.]
South Africa’s economy, set to miss its growth target this year, is under threat from an indefinite strike in the steelmaking and engineering industry that’s affecting construction of power plants. Read more
[Source: http://www.sabreakingnews.co.za/2014/07/01/economic-view-white-farmers-are-not-land-thieves/ by Rabelani Dagada.]
As I was contemplating this opinion piece, I remembered the old adage; if you tell a lie several times, you may end up believing it. Moreover, some of your listeners may start to believe your lie. That’s exactly what happened in Zimbabwe. 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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