[Source: http://www.bloomberg.com/news/2014-05-14/telkom-of-south-africa-to-consider-race-when-making-job-cuts.html by Chris Spillane.]
Telkom SA SOC Ltd. (TKG) plans to use government employment policy to target white, male employees when cutting more than 2,600 management jobs at South Africa’s largest fixed-line phone company, according to labor unions. Read more
South Africa’s government said it will ask the High Court to review and reject a report by the nation’s graft ombudsman that alleged that President Jacob Zuma unduly benefited from a state-funded 215 million rand ($21 million) home upgrade. Read more
[Source: http://www.enca.com/opinion/true-cost-marikana by Chris Gibbons.]
As striking AMCU members block mine shafts around Rustenburg and prevent – violently – miners who want to go back to work from doing so, government faces an impossible choice.
Logically, the authorities need to use the police and, if necessary, the army, to protect those miners who want to work. Force may be required to clear away strikers from mine entrances, to prevent damage to mining property and – most importantly – to ensure the safety of miners once they return to the surface and go to their homes. In the past day alone, four miners have been killed amid reports of widespread intimidation. (It would be unfair to accuse AMCU directly, but if I were investigating the killings, the trade union and its members would be the first place I’d start.)
[Source: http://fwdeklerk.org/index.php/en/latest/news/262-article-the-2014-election by Dave Steward.]
There are a few points that we should consider in the wake of last week’s election.
The first – and most positive – is that the fifth election of our new constitutional dispensation has helped to consolidate and entrench our constitutional democracy. The elections were free and fair and were, on the whole, managed in an exemplary fashion. All those involved – the 18.6 million voters who cast their ballots; the political parties that participated and the IEC – deserve our sincere congratulations. Read more
[Source: http://issafrica.org/iss-today/what-does-increasing-political-violence-mean-for-the-future-of-south-africas-democracy by Lizette Lancaster.]
In the six months leading up to South African’s fifth democratic election on 7 May, 76 incidents of election-related violence had taken place. These were mostly clashes between supporters of rival political parties and communities who used the elections as a national platform to air their grievances. 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
More information: Click here!