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South Africa

June, 2017

  • 23 June

    Zuma says South Africa’s recession will end soon

    *South Africa’s President Jacob Zuma today said he was confident that the country will emerge sooner than expected from its first recession for eight years.* Africa’s most advanced economy unexpectedly contracted in the first quarter of this year, pushing it into its first recession since 2009. “This situation is of …

  • 23 June

    uMhlanga SAPS satellite station a ‘disgrace’ – Northglen News

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    Northglen News uMhlanga SAPS satellite station a ‘disgrace’Northglen NewsThat’s how ward councillor, Heinz de Boer, described the uMhlanga SAPS satellite station after an oversight visit by members of the Democratic Alliance (DA) on Friday morning. DA Shadow Minister of Police, Zakhele Mbhele MP, together with the Shadow … Source link

  • 23 June

    Top South African court okays secret ballots in Zuma no-confidence vote

    Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN In tonight’s edition: South Africa’s highest court rules that the parliamentary speaker can allow a secret ballot for another no-confidence vote in Zuma; Nigerian refugees in Cameroon are being encouraged to return home …

  • 23 June

    ‘No basis to fire Dhlomo’ – News24

    Nation – Google News – News24 'No basis to fire Dhlomo'News24Premier Willies Mchunu was adamant on Thursday that Health MEC Dr Sibongiseni Dhlomo would not be fired, despite mounting calls from opposition parties and doctors in the province. Mchunu, speaking at a press briefing at the legislature, said he would …

  • 23 June

    Dangerous levels of intolerance exposed in Reserve Bank row – Independent Online

    What kind of financial system is sure to collapse if the central bank cares about people’s well-being?

    The recommendation by South Africa’s Public Protector that the Reserve Bank’s mandate change, says much about Busisiwe Mkhwebane, none of it flattering. It says just as much about mainstream economic debate - and none of that is flattering either.

    Mkhwebane recommended that the central bank’s constitutional mandate, which makes protecting the currency its primary goal, be changed to one which requires it to “promote balanced and sustainable economic growth while ensuring that the socio-economic well-being of the citizens are protected”. She also said the constitution should require the bank “to achieve meaningful socio-economic transformation”.

    This triggered a wave of protests, as well as an announcement from the South African Reserve Bank that it would take the matter to court. The Reserve Bank had no option. The constitutional court has ruled that the Public Protector’s findings are binding unless they are challenged in court. Her recommendation wildly exceeded what she is allowed to do by the constitution – or democratic good sense - and the Reserve Bank could not allow it to stand.

    Democratic constitutions are changed by large majorities of the people or their elected representatives – not by individuals. By making a binding recommendation that the constitution be changed, Mkhwebane signalled that she either doesn’t understand – or does not care – for democracy.

    Public Protector Busisiwe Mkhwebane

    Her report is also very useful to a faction of the governing party which wants to deflect charges of state capture by claiming that white monopoly capital already controls the state. There are real questions about the fitness for office of a Public Protector whose report seems more interested in protecting connected politicians and business people than with taking the people’s will seriously.

    But the reaction did not stop at insisting that Mkhwebane has no business telling the people what the constitution should say. Much of it objected not only to her saying what the Reserve Bank’s mandate should be, but to anyone at all doing that.

    An important debate

    The prize for the wildest reaction went to the commentator who declared that Mkhwebane’s ideas on the Bank’s mandate were inspired by someone who denied that the Nazi genocide happened. Others stopped short of tarring constitutional change with the same brush as mass murder but were united in claiming that to suggest that the Reserve Bank’s mandate be broadened is “economically illiterate” and deeply damaging.

    Absa, who was the subject of a separate finding by the public protector on the issue of a controversial bailout, asked a court to rule that her proposed change posed a “serious risk to the financial system”. For its part the rating agency Standard & Poor’s, happy as ever to police the boundaries of economic correctness, warned that any interference with the Reserve Bank’s independence could trigger new downgrades.

    To insist that anyone who proposes changing the Reserve Bank’s mandate is economically damaging and stupid is as contemptuous of democracy and dangerous to the economy as Mkhwebane’s excess. It is undemocratic because it seeks to close down policy debate by declaring that only one view of the Reserve Bank’s mandate can ensure a healthy economy. It is dangerous because it blocks the search for economic remedies by seeking to bully even those who propose only mild changes to what the country now has.

    The idea that the Reserve Bank should have a broader mandate is neither radical nor dangerous. The most famous central bank, the US Federal Reserve, has a broader mandate. Its dual mandate requires it to seek maximum employment as well as price stability.

    The Australian equivalent’s mandate includes “maintenance of full employment and economic prosperity and welfare of the people”. The European Central Bank, famed for its love of austerity, has a mandate to seek “sustainable growth”.

    And the the Bank of England’s website says that, subject to its goal of price stability, it aims to support the government’s economic objectives.

    In South Africa, not only has the view that the central bank’s mandate is too restrictive been repeated periodically but it may well have been implemented for a while. In 2010, then finance minister Pravin Gordhan wrote to then Reserve Bank governor, Gill Marcus, proposing a mandate which included growth and employment. Marcus reacted positively, which suggests that the bank acted on Gordhan’s letter. The financial system survived.

    The US, European and Australian financial systems have also not collapsed. Their mandates have not triggered a downgrade and no one has accused these societies of economic illiteracy.

    So either double standards are being applied or we are being told that restrictive central bank mandates are essential only if countries are in particular parts of the world (such as Africa) and governed by particular types of people (Africans).

    And why does a change in the Bank’s mandate undermine its independence? A central bank loses its independence if politicians (or anyone else) can tell it what to do, not if its mandate changes.

    For all its flaws, the Public Protector’s proposal would retain the Reserve Bank’s independence, leaving it to the bank to decide what promotes the “well-being” of the people or “transformation”.

    Closing down debate is common

    None of this means that the Reserve Bank’s mandate must change. Or that central bank independence must go. But it does mean that no one should be discouraged from debating the issue, as people routinely do in other democracies and market economies. What, besides that prejudice which we prettify by the term Afropessimism, explains the insistence that we may not debate what is freely discussed in most other places?

    Closing down debate in this way is common in South Africa. It also lies behind complaints of policy uncertainty which does not mean, as it does elsewhere, that government keeps changing its mind and sending mixed messages – the macro-economic framework has been stable for more than two decades. It means, rather, that some people – who some others may take seriously – raise policy ideas the economic mainstream does not like.

    This demand that people can say anything they like about economic policy as long as the mainstream likes it too offers a misleading view of the economy. It says that there is nothing wrong with it except political interference and that it will flourish if politicians simply leave alone what is done now.

    The contrary evidence is offered by mainstream organisations such as the International Monetary Fund and the South African Reserve Bank itself which have shown that the current economic rut is a product of problems in the private economy as well as what government does.

    This means that the economy must change. This, in turn, requires new ideas. They will not emerge unless everything is up for debate and ideas are not silenced because they trigger the fears and prejudices of a few.

    * The views expressed here are not necessarily those of Independent Media.

    The Conversation

  • 23 June

    Phoenix SAPS form partnership with security companies – Phoenix Sun

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    Phoenix Sun Phoenix SAPS form partnership with security companiesPhoenix SunPhoenix SAPS form partnership with security companies. A new control centre has been specially designated and made available at the Phoenix police station. about 1 min ago. Phoenix police officers and security companies during a delegation to form a … Source link

  • 23 June

    The Most Powerful Person in South Africa | NoConfidenceVote

    News 24 / Email your MP Link : https://goo.gl/dHskQe Be sure to leave a comment, share the video and subscribe! Subscribe on Youtube : http://bit.ly/1QhM6Gp Get in touch with me : Facebook : https://www.facebook.com/renaldogouws Twitter : https://twitter.com/RenaldoGouws Patreon: https://www.patreon.com/renaldogouws Instagram : https://instagram.com/renaldogouws Reddit : https://www.reddit.com/user/RenaldoGouws/ End Credit Music : http://www.bensound.com …

  • 23 June

    Toke Makinwa in South Africa for the launch of ‘On Becoming’!

    Toke Makinwa is an award winning multimedia personality, who has built a remarkable media profile in Nigeria and now taking that brand to the rest of the world. Her career started on radio in 2010, then transitioned to television, then her own YouTube show and so this weekend she’s in …

  • 23 June

    Villagers living in fear after sheep gives birth to ‘half-human half-beast’ in South Africa

    Villagers living in fear after sheep gives birth to ‘half-human half-beast’ in South Africa Superstitious villagers have been living in fear since a sheep gave birth to this creature that was said by elders to be half-human half-beast and ‘sent by the devil’. Many of the 4,000 residents and farmers …

  • 23 June

    So my son is in business. Get over it, says Zuma – Rand Daily Mail (registration)

    A visibly irate Zuma‚ told Maimane it was unfair of him to single out Duduzane because he was not trading with government entities.

    "I have not heard that his business has ever benefited from government where Zuma has benefitted to say give him something.

    "Never‚ I've never done that‚ he's involved in business in his own accord and there are circumstances why he had to go to business‚ "said Zuma.

    The President added that there was no law that prevented his son from becoming a businessman.

    "There's no law that says he can't get into business and I deal with many young people who are in business. If you've never met them you are an unfortunate South African‚ you just met Duduzane only? You're a very unfortunate leader.

    "There's a situation that has created unemployment‚ it's not created by Duduzane going into business … you can't single out one young person and victimise the person just because he's the son of the president. It's not fair‚ it's not correct."

    Duduzane's name has featured prominently in the leaked Gupta emails that detail the extent of the controversial family's influence in government affairs.

    The Sunday Times also reported last weekend that Zuma introduced Duduzane to a senior civil servant in the department of mineral resources shortly after his election in 2009‚ asking the government official to assist his son.

    Zuma also announced that the leaked Gupta emails would also form part of a judicial commission of inquiry that he's just decided to establish.

    He said he would announce further details of the judicial commission on state capture in due course.

  • 23 June

    Recipe for chaos: More South Africans receive grants than have jobs – IRR – BizNews

    Nation – Google News – BizNews Recipe for chaos: More South Africans receive grants than have jobs – IRRBizNewsThere are more people receiving social grants in South Africa than there are people with jobs. This is the finding from the latest South Africa Survey published by the IRR last week. …

  • 23 June

    SAPS in ‘crime drive’ – News24

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    News24 SAPS in ‘crime drive’News24THE Mount Fletcher SAPS participated in outreach programmes to educate residents about staying away from crime this week. Police spokesperson Captain Raphael Motloung said police visited Mahlabathini and Saturn in Mount Fletcher . The message that … Source link

  • 23 June

    England vs South Africa – Live Score Board – T20 June 2017

    England vs South Africa – Live Score Board – T20 June 2017 I-England neNingizimu Afrika ENgilani naseMzantsi Afrika ========== Match Info ======= Match : Eng vs RSA, 1st T20I, South Africa tour of England, 2017 Date : Wednesday, June 21, 2017 Time : 05:30 PM GMT Venue : The Rose …

  • 22 June

    South Africa’s Top Court Okays Secret Zuma No-Confidence Ballot, but Won’t Order One – U.S. News & World Report

    U.S. News & World ReportSouth Africa's Top Court Okays Secret Zuma No-Confidence Ballot, but Won't Order OneU.S. News & World ReportFILE PHOTO: South Africa's President Jacob Zuma addresses an anti-crime meeting in Elsie's River, Cape Town, South Africa May 30, 2017. Picture taken May 30, 2017. REUTERS/Mike Hutchings/File Photo Reuters. By Tanisha Heiberg and Wendell Roelf.Parliament: Zuma stands up to Concourt Ruling, but there are more questions than answersDaily MaverickZuma defiant ...

  • 22 June

    Four arrested for kidnapping in North West – Independent Online

    Rustenburg – Four men were arrested in connection with the kidnapping of an 80-year-old man in Mahikeng, North West police said on Thursday.

    Brigadier Sabata Mokgwabone said the men were arrested in Taung and Mahikeng on Wednesday, after they allegedly kidnapped the elderly man when he arrived at his home in Golfview, Mahikeng on Tuesday evening.

    "It is alleged that the victim was arriving at home when an unknown vehicle stopped in front of his. The vehicle’s occupants allegedly pulled him out of his vehicle and put him inside their car and drove away with him. The matter was eventually reported to the police who initiated investigation. It was during the investigation that the suspects called and allegedly demanded ransom," he said.

    He said the police arrested three of them in Taung while the fourth one was arrested in Mahikeng.

    "The victim was also found alive and unhurt at a house in Taung after the arrest of the three suspects. The latter were found in possession of a firearm while the second firearm with a filed off serial number was found in possession of the suspect that was arrested in Tlhabologo village, Mahikeng."

    He said it was also established during the investigation that the suspects withdrew R9,000 from the victim’s bank account.

    They were expected to appear in the Molopo Magistrates' court in Mmabatho on Friday, facing charges of kidnapping, illegal possession of firearms and robbery.

  • 22 June

    Tshwane mayor wants to build wall to separate clashing communities – News24

    Nation – Google News – News24 Tshwane mayor wants to build wall to separate clashing communitiesNews24Pretoria – Tshwane Mayor Solly Msimanga wants to build a wall to separate two communities, after battles erupted between Mamelodi home owners and residents of a neighbouring informal settlement. The violence, which began on Wednesday …