Thursday 21 September 2017
(Xinhuanet 09/04/17)
The City of Cape Town on Sunday announced stricter water restrictions amid persistent drought. "With immediate effect, the City of Cape Town will be taking a number of new actions to drive down water consumption," Mayor Patricia de Lille said. This includes the institution of Level Five restrictions and a further increase in pressure management, she said. The upper limit of 87 liters per person and the overall target of 500 million liters per day of collective consumptions remain in place. However, there is now a new emphasis on capping excessive water use at the household level and placing additional restrictions on the commercial sector, according to De Lille. Measures to drive down consumption to 500 million liters of water...
(Times Live 09/04/17)
H&M continues to change the landscape for local apparel retailers, along with foreign international operators such as Cotton On and Zara, as it opens its 13th store in South Africa at month-end. The Swedish group launched its first store in Cape Town in October 2015, and on September 28 will open a store spanning more than 2430m² in the Table Bay Mall. The mall itself will have more than 65,000m² of retail space, with the option of expanding to 90,000m², and will be the largest regional mall of the Big Bay, Bloubergstrand and West Beach areas. It will have more than 150 shops and restaurants. H&M has already opened stores in the Western Cape, KwaZulu-Natal and Gauteng, and earlier this...
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of sub-Saharan Africa’s GDP and their recoveries may boost trade and production across the region. The reasons differ: while Nigeria, the continent’s biggest oil producer, is benefiting from a rebound in crude output, stronger retail sales may help drive growth in...
(AFP (eng) 09/03/17)
South Africa's Deputy President Cyril Ramaphosa who is vying to replace President Jacob Zuma has admitted to an extramarital affair but lambasted as "political smear" its revelation in newspapers, media reported Sunday. Details of his alleged affairs with as many as eight women were splashed on Sunday newspapers, after the business man turned politician failed to gag media from publishing the story in a late night urgent court application. He denied cheating with eight women but admitted to having one affair. "I had a relationship with only one person and it ended. I dealt with it with my wife. We now have a professional relationship," Ramaphosa told Sunday Times. The 64-year-old Ramaphosa and Zuma's ex-wife Nkosazana Dlamini-Zuma have come out...
(AFP (eng) 09/03/17)
A long-running corruption scandal in South Africa has embroiled President Jacob Zuma, senior ministers and the wealthy Indian Gupta brothers -- but now Zuma's own son has taken centre-stage. Duduzane Zuma, a 35-year-old businessman with a playboy reputation, is alleged to be the key contact between his father and the Gupta family, who are accused of wielding undue influence over the government. Duduzane says he first met the Guptas at his father's house in the early 2000s. He was soon employed as a trainee in the Gupta family business before rising rapidly to become a director of one of their companies -- at the same time as his father rose to power in 2009. Duduzane Zuma has tried to keep...
(Reuters (Eng) 09/02/17)
British public relations firm Bell Pottinger has appealed against a finding that it stoked racial tensions in South Africa through a media campaign, an industry body confirmed on Friday. South Africa’s main opposition party, the Democratic Alliance DA, complained to Britain’s Public Relations and Communications Association (PRCA) about a campaign organized by the PR firm which condemned opponents of President Jacob Zuma as agents of “white monopoly capital”. Such slogans gained traction in a country where the white minority still wields disproportionate economic power, two decades after the end of apartheid. Last week, the Democratic Alliance said its complaint had been upheld and that Bell Pottinger
(AFP (eng) 09/02/17)
Nigeria hammered African champions Cameroon Friday to virtually seal a 2018 World Cup place, but Ghana drew and South Africa lost to suffer serious qualifying setbacks. Current and former Chelsea midfielders Victor Moses and John Obi Mikel scored one goal and created another as Nigeria overwhelmed Cameroon 4-0 in southeast city Uyo. A late strike from Thomas Partey of Atletico Madrid salvaged a 1-1 home draw for lacklustre Ghana against Congo Brazzaville in Kumasi. Russia-based Nuno Rocha broke the hearts of confident South Africa by scoring twice as Cape Verde came from behind to triumph 2-1 in Praia. The return of Moses and Mikel to the "Super Eagles" line-up coincided with the best Nigerian performance for years as they crushed...
(Bloomberg 08/31/17)
A special South African police unit told former Finance Minister Trevor Manuel and his one-time deputy, Jabu Moleketi, to provide affidavits on the creation of a special investigative unit in the revenue service that allegedly spied on politicians. The police unit, known as the Hawks, wants the affidavits by Friday so “we can finalize this investigation,” spokesman Hangwani Mulaudzi said by phone late on Wednesday. The affidavits were ordered by a judge. Before President Jacob Zuma fired him as finance minister in March, Pravin Gordhan said the tax agency unit, set up a decade ago when he was head of the revenue authority, acted within its mandate. The National Prosecuting Authority has been probing the unit in an investigation that...
(Reuters (Eng) 08/31/17)
A budget bank is booming in South Africa’s economic slump, challenging the decades-long dominance of the “big four” lenders and prompting a price war that is driving down banking costs in a country where many people can’t afford an account. Capitec Bank has doubled its customer numbers over the past five years and quadrupled in market value, even as South Africa’s economic growth has stalled and the country has slid into recession, squeezing household incomes. It offers a single “no-frills” bank account with low fees, as well as unsecured loans to customers including low-income borrowers, but steers clear of the more complex financial products offered
(Eye Witness News 08/31/17)
The Hawks’ Hangwani Mulaudzi says the NPA asked investigators to obtain statements from Trevor Manuel and Jabu Moleketi. The Hawks say their request for affidavits from two former ministers is in order to wrap up their investigation into an alleged unlawful investigation unit at the South African Revenue Services (Sars). While the unit confirmed it has requested statements from Trevor Manuel and Jabu Moleketi it says former Finance Minister Pravin Gordhan is not the subject of the investigation. Manuel was Finance Minister and Moleketi his deputy when the high-risk unit was established; Gordhan was the revenue service Commissioner. The Hawks’ Hangwani Mulaudzi says the National Prosecuting Authority (NPA) asked investigators to obtain statements from Manuel and Moleketi. “We received requests...
(Reuters (Eng) 08/31/17)
An investigation by South African police of the alleged use of public funds to pay for a Gupta family wedding is part of a broader investigation of influence-peddling, a police spokesman said on Wednesday. The existence of the investigation was confirmed at a meeting of the Standing Committee on Finance in Parliament by Lieutenant-General Yolisa Matakata, the acting head of the police unit called the Hawks, according to various media reports. Those comments by Matakata did not refer “to a single case,” but referred to “broader ongoing investigations,” Hawks spokesman Hangwani Mulaudzi said. The Gupta brothers, friends of South African President Jacob Zuma, have been accused by some politicians of using their close relationship with Zuma and his allies to...
(Eye Witness News 08/31/17)
The federation has criticised the The Congress of South African Trade Unions (Cosatu) has announced a protected nationwide strike against state capture next month. The federation has criticised the African National Congress in the wake of damning corruption allegations of its links with the Gupta family. The labour federation says the strike will affect all sectors of the economy. National Congress in the wake of damning corruption allegations of its links with the Gupta family.
(Nyasa Times 08/31/17)
Malawi and South Africa on Thursday signed an agreement of cooperation in the field of tourism as one way of enhance mutual cooperation between the two countries in the sector. The signing agreement took place at Bingu International convection centre BICC in Lilongwe on the side lines of the Malawi “ Takulandirani” 2017 Malawi International Tourism Expo 2017. Minister of Trade, Industry and Tourism, Henry Mussa said government of Malawi appreciates the support it gets from southern government for the tourism sector. He said South Africa has assisted in the capacity building of grading assessors, restocking of wildlife species in protected area and training of wildlife personnel at South Africa Wildlife College. Mussa said having the agreement signed has been...
(Xinhuanet 08/31/17)
South African Department of Agriculture, Forestry and Fisheries (DAFF) said Wednesday that it is contemplating the option of vaccination to stop the spread of avian flu. The latest province to be hard hit by a highly contagious strain of bird flu is the Western Cape. The country has registered 16 outbreaks since two occurred in Mpumalanga and Gauteng in June. "Approximately 60,000 birds have been culled on the farm," Ziyanda Majokweni, director of Poultry Disease Management Agency at the South African Poultry Association, said Wednesday at a media briefing in Johannesburg. She added that the Highly Pathogenic Avian Influenza (HPAI) virus was detected on a commercial layer poultry farm on Aug. 17. DAFF said the department was considering vaccinating most...
(Xinhuanet 08/31/17)
Cooperation between China and Africa has seen remarkable progress in renewable energy, showing the determination of developing countries to harness the huge potential of clean energy and combat climate change. China-Africa Renewable Energy Cooperation and Innovation Alliance, a coalition of financing institutions, smart grid providers and core manufacturers, on Thursday signed a Memorandum of Understanding (MOU) on cooperation with Africa Renewable Energy Initiative (AREI). "Africa has the highest potential for renewable energy, but the least access to it," said Seyni Nafo, chairman of AREI endorsed by the African Union Assembly. The MOU will enable the two parties to cooperate in renewable energy generation in Africa, with Chinese smart grid providers and core renewable energy manufacturers providing technological and financial support...
(AFP (eng) 08/30/17)
A South African university student's spending spree on clothes, a party and a new smartphone slammed to a halt after it emerged the roughly $1 million fuelling her splurge had been given to her in error. A company that hands out student funding accidentally transferred 14 million rand into the young woman's account instead of the 1,400-rand ($107) monthly food allowance she was supposed to get, officials said Wednesday. The Walter Sisulu University, in the Eastern Cape region, said the whopping error was made in June during monthly disbursement of state-issued student loans. "The error was only discovered on Monday after the matter was reported to us by another student," the university spokeswoman Yonela Tukwayo said. Tukwayo said the student...
(Bloomberg 08/30/17)
Death threats and court challenges mark an intensifying battle for control of South Africa’s ruling African National Congress as factions fight it out in the nation’s provinces before the party elects a new leader to replace Jacob Zuma. In the region with the most ANC members, KwaZulu-Natal, the high court is expected to rule next month on an application by party officials to overturn an 2015 election of provincial leaders allied with Zuma following what they say was a flawed process. In Free State, deputy party chairman Thabo Manyoni is seeking to replace his boss, Ace Magashule, another supporter of the president who’s led the ANC in the province for 23 years. Whoever wins the battles will go to the...
(Reuters (Eng) 08/30/17)
South Africa’s government is considering merging its three state-owned airlines into one entity, and offering a 25 percent stake of the holding company to a private equity partner, a cabinet minister said on Wednesday. The loss-making South African Airways, its low-cost arm Mango and SAA Express, which services smaller towns, are struggling to remain profitable amid increased competition and rising operational costs. “I believe the answer to all of it lies in how we rationalize the three companies and how we bring in a 25 percent shareholder to help us with both management as well as on finances,” Public Enterprises Minister Lynne Brown told a parliamentary committee.
(Reuters (Eng) 08/30/17)
South African precious metals producer Sibanye Gold (SGLJ.J) reported an interim loss on Wednesday, citing impairments and provisions for an expected settlement with miners who contracted lung diseases at work. A class action lawsuit, mostly relating to the fatal lung disease silicosis, was filed on behalf of miners in 2012 and has led to mounting provisions related to the health and safety conditions afforded the black workforce during South Africa’s apartheid past. The company posted a headline loss per share of 147 cents for the six months to June 30, in line with what it had previously flagged to the market. That compared with earnings of 79 cents in the same period last year. The provision for the expected occupational...
(Eye Witness News 08/30/17)
SAA is owed about a billion rand in revenue earned in other African countries, with Angola the single largest debtor. South Africa will press the newly-elected Angolan government to pay R850 million it owes struggling South African Airways (SAA), the finance minister said on Tuesday. The airline runs one of Africa’s biggest fleets but is loss-making. SAA is owed a total of some R1 billion in revenue earned in other African countries, with Angola the single largest debtor, a treasury document showed. Finance Minister Malusi Gigaba said the Treasury was talking to Angola and other African governments that owe the airline to get the funds repatriated. “We understand that Angola is facing its own difficulties economically, but so are we...

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