Saturday 24 June 2017
(CNN 06/25/13)
(CNN) -- Throughout the night, crowds of people stood outside the hospital where former South African President Nelson Mandela is being treated, and among the balloons, posters and cards early Tuesday were dozens of news crews and broadcast vans. More than 40 vehicles crowded the parking spaces outside the Medi-Clinic Heart Hospital in Pretoria, the South African Press Association reported. Generators hummed and the area was brightly lit for the news organizations doing regular live broadcasts. Mandela's daughter Makaziwe Mandela left the hospital Monday night, SAPA reported. Other family members, including ex-wife Winnie Madikizela-Mandela and daughters Zindzi Mandela-Motlhajwa and Zenani Mandela-Dlamini, left earlier in the day. Government officials paid visits as well. Mandela's wife, Graca Machel, spends every night at...
(Ventures-Africa 06/25/13)
VENTURES AFRICA – The rand slumped in early trade on Monday amid news that the condition of former president Nelson Mandela was critical and investors’ flock back to the greenback as the US Federal Reserve wind up its quantitative easing this year. The South Africa Presidency remains optimistic that doctors will do their best to make Mandela’s health improve. Mandela has been in hospital for more than two weeks. The swing in the rand was triggered after the Presidency statement said that the latest on Madiba was that his condition has worsened over the past 24 hours and he’s now critical. And the ruling Africa National Congress (ANC) said its’ worried about Mandela’s deteriorating health condition. The rand was at...
(Voice of America 06/25/13)
JOHANNESBURG — U.S. President Barack Obama is expected to touch down in South Africa within a matter of days, and his schedule includes meetings with political leaders, student groups and an honorary degree from the University of Johannesburg. There are several groups, however, calling for a boycott of Obama's visit. When Obama arrives in Johannesburg on Friday, he should expect a sideshow beside his warm welcome by South African dignitaries. Some South African communist groups, student organizations, Muslim groups, unions and other political organizations are planning what they hope will be large protests of Obama's visit. The groups say they will demonstrate for the closing of Guantanamo Bay detention camp, for the stoppage of any wiretapping of emails or phone...
(Usa Today 06/25/13)
South Africans reacted with concern Sunday when they learned that Nelson Mandela's condition had worsened to critical, and while some said they hope the former president and national hero recovers, they also said they are tired of the circus surrounding his illness. "He's old, he's lived a great life, they should just let him go," said Ronelle Du Toit, 27, branch administrator at a property company in Johannesburg. "Stop anticipating and asking for prayers to keep him alive. He's 94 – how many people live to 94?" Read the story here: http://www.usatoday.com/story/news/world/2013/06/23/south-africans-mande...
(Reuters (Eng) 06/25/13)
LONDON (Reuters) - International investors need not worry about South Africa's future when senior statesman Nelson Mandela eventually dies, as his legacy will be safeguarded, Planning Minister Trevor Manuel said on Monday. The 94-year old Mandela, the country's first black president, is critically ill with a lung infection, a huge concern for South Africa's 53 million people who revere him as the architect of peaceful transition to democracy in 1994 after three centuries of white rule. But many investors and economists also fear that the death of Mandela, often considered the moral compass of the ruling ANC party, will embolden the ANC's radical elements, such as those who criticize him for making too many concessions to the white minority or...
(National Mirror Online 06/25/13)
Africa has lost at least $200 billion in five decades to illegal fishing and another $100 billion in illegal bunkering since 2003. Speaking at the opening of the Summit of Heads of States and Governments of the Economic Community of Central African States, ECCAS, the Economic Community of West African States, ECOWAS, and the Gulf of Guinea Commission, GGC, the African Union Commission Chairperson, Nkosazana Dlamini- Zuma, warned that such incursion should not be allowed to continue. The summit with focus on maritime safety and security in the Gulf of Guinea opened yesterday in Yaoundé, the Cameroonian capital with President Goodluck Jonathan in attendance, among 25 other African leaders. Jonathan, who had last week raised serious concern over crude oil...
(Business Day 06/24/13)
SOUTH Africa’s Competition Commission will fine 15 construction groups R1.46bn to settle a multiyear investigation of bid rigging, according to reports on Monday. The companies include industry leaders Aveng, Murray & Roberts and Wilson Bayly Holmes-Ovcon, which had agreed to co-operate with the commission in exchange for lighter fines. The commission last week completed its fast-track settlement process that allowed the construction companies to disclose their participation in bid rigging and collusion in infrastructure projects amounting to billions of rand in exchange for lower penalties. Several of the listed construction groups that have settled with the commission have made preliminary provisions for the fines. The commission had been investigating 65 bid-rigging cases in the construction sector, involving infrastructure projects with...
(Business Week 06/24/13)
On June 26, Barack Obama is making his first trip to Africa as America’s president. It’s questionable whether the trip is worth it—and not just because, as the Washington Post guesstimated, the trip’s price tag is as high as $100 million, including costs for fighter jet coverage as the First Family tours around. (That’s equivalent to two months of government health spending in Tanzania, a country of 46 million people.) A week of presidential visits to Robben Island and glad-handing local leaders will mean little if the U.S. doesn’t change policies to engage with the region more seriously. According to the U.S. Ambassador to Tanzania, Obama’s trip to Africa, five years into his presidency, will focus on economic cooperation, strengthening...
( 06/24/13)
United States President Barack Obama's visit to South Africa will help strengthen ties between the two countries, President Jacob Zuma said. "This will present an opportunity to showcase progress since the establishment of the African Union, and to discuss co-operation on matters of socio-economic development, as well as peace and security on the continent," Zuma said in Johannesburg. "...The US is a major investor in South Africa, with about 600 US companies operating within the South African economy." Obama was due to arrive in South Africa on Friday. Zuma said about 90 percent of South African exports to the US entered that country duty-free. The visit would further strengthen US-SA dialogue on areas including health, education, agriculture, law enforcement, trade,...
(Mail & Guardian 06/24/13)
The notion that SA will dissolve into race riots at the news of Nelson Mandela’s death is so unlikely as to be ridiculous, writes Verashni Pillay. Madiba, at the end of his life, will do the same thing he did through out - bring us closer together. News that our beloved former president Nelson Mandela's health has been downgraded to critical has left South Africans preparing for the inevitable. On Sunday night people started recounting their favourite memories of the icon on social media, as if to ease themselves into the process of mourning him when he leaves us – an event that draws closer every day. We are in the third week of his hospital stay, again for a...
(Mail & Guardian 06/24/13)
Although Agang SA has remained reserved on rumoured plans to form a coalition, other parties say they are meeting with its leadership. Dr Mamphela Ramphele’s political party Agang South Africa is but two days old, but the possibility of it entering an alliance with the Congress of the People (Cope) and the United Democratic Movement (UDM) ahead of the 2014 national elections is already being vaunted behind closed doors. While there is "nothing concrete to write home about" regarding the nuts and bolts of a possible coalition between the three parties, UDM leader Bantu Holomisa said on Sunday the parties held a meeting in May, and another meeting is on the cards for mid-July. Agang SA was launched at an...
(Mining Weekly 06/24/13)
JOHANNESBURG – South Africa's chamber of mines expects to begin wage talks in the gold sector with the National Union of Mineworkers and two other small unions from early July, it said on Friday. The NUM has already submitted wage demand increases as high as 60% and this year's negotiations are expected to be among the toughest ever, with worker militancy on the rise and commodity prices falling, further pressuring company margins. According to the chamber, the NUM represents about 64% of the gold sector's workforce. The chamber, which bargains collectively on behalf of the country's main gold producers, will also hold talks with two small unions representing mostly skilled workers. The Association of Mineworkers and Construction Union (AMCU), which...
(Mail & Guardian 06/24/13)
US President Barack Obama's upcoming visit to South Africa has been condemned by some trade unions, political parties and civil society bodies. US President Barack Obama. "We categorically make it known that the visit of the US president to South Africa is an unwelcome visit that will be protested, picketed and resisted by all justice and peace-loving peoples of this country," the organisations said in a joint statement on Sunday. "Friendship with South Africa must be based on values of justice, freedom and equality, and these the US has offended, undermined and ridiculed through its actions in the global front," they said. The statement was issued by the National Unions of Metalworkers of South Africa, the South African Communist Party,...
(Voice of America 06/24/13)
JOHANNESBURG — Anti-apartheid icon and former South African president Nelson Mandela is in critical condition after more than two weeks in a Pretoria hospital. South Africa President Jacob Zuma made the statement Sunday night. Mandela is now 94 years old and has been suffering from a lung infection. Presidential spokesman Mac Maharaj says Mandela's condition has deteriorated in the last 24 hours. He was admitted to the hospital on June 8. It is his fourth hospitalization since December. Maharaj did not give any specific details of the anti-apartheid icon's condition, aside from classifying it as critical. Maharaj referred to Mandela by his clan name, Madiba. "The medical team have briefed President Jacob Zuma who was accompanied by the ANC deputy...
(BBC News Africa 06/24/13)
As a new political party is officially launched in South Africa, nearly two decades after the end of apartheid, the BBC's Karen Allen assesses its chances of success. "They steal from us so how can we vote for them," complains Kaiser Kangwana of the African National Congress (ANC), whose leaders in the Eastern Cape province have been mired by allegations of corruption. Mr Kangwana, who sweated it out working in the mines for many years, is now among the disillusioned voters which Dr Mamphela Ramphele's new party hopes to woo. Mr Kangwana's well-worn ANC hat belies the fact that he is a disappointed man. "People don't have jobs, they're still poor around here," he shrugs. The new party, which the...
(Reuters (Eng) 06/24/13)
(Reuters) - South Africans appeared resigned on Monday to the inevitability of one day saying goodbye to former president Nelson Mandela after the 94-year-old anti-apartheid leader's condition in hospital deteriorated to critical. Madiba, as he is affectionately known, is revered among most of South Africa's 53 million people as the architect of the peaceful 1994 transition to multi-racial democracy after three centuries of white domination. However, with his latest hospitalization - his fourth in six months - a realization has set in that he will not be around for ever. His deterioration this weekend, two weeks after being admitted in a serious but stable condition with a lung infection, has caused a perceptible switch in mood from prayers for recovery...
(AFP (eng) 06/24/13)
JOHANNESBURG, June 24, 2013 (AFP) - Nelson Mandela was critically ill in hospital on Monday after his condition suddenly deteriorated, leaving South Africans anxiously awaiting the latest news of their revered anti-apartheid icon. "The condition of former president Nelson Mandela, who is still in hospital in Pretoria, has become critical," presidential spokesman Mac Maharaj said in a statement late Sunday. The frail 94-year-old was admitted to hospital over two weeks ago, in the early hours of June 8, for treatment for a lung infection. But after intensive treatment at Pretoria's Mediclinic Heart Hospital and some signs of improvement, his condition deteriorated. President Jacob Zuma visited Mandela on Sunday evening and was told by doctors "that the former president's condition had...
( 06/24/13)
Training and education are vital for moving towards a green economy, Deputy President Kgalema Motlanthe said. "Investment in skills development should be at the centre of our attempts to build a green economy," he said at a Green Economy National Youth Summit in Cape Town. "All these efforts and initiatives should be aligned to prioritising localisation of energy products and services." He said focus areas for training and capacity building included energy auditing, manufacturing, installation, and maintenance. Motlanthe said efforts on the green economy tended to be focused on creating jobs and the problems of poverty, unemployment, and inequality. "Poverty is the most urgent challenge because it is the daily reality of many South Africans," he said. "We must therefore...
(Ventures-Africa 06/24/13)
VENTURES AFRICA – South Africa’s clothing retailer Foschini Group at the weekend said that it will continue to hold on to its 55 percent stake in RCS, its consumer finance business, according to BD Live. It made this statement after seemingly failing to sell RCS as no buyers were forthcoming. Last year, the clothing retailer said it was keen on lowering this shareholding to less than 50 percent through a sale or independent listing on the JSE. The clothing retailer runs South Africa’s sports clothing retailer Totalsports and jewellery giant American Swiss. The restructuring of RCS would have cut Foschini Group’s financial liabilities and allow it other financing choices. RCS offers its clients personal, insurance and home loans “through its...
(Bloomberg 06/24/13)
South Africa’s antitrust body fined 15 construction companies a combined 1.46 billion rand ($140 million) after an almost four-year investigation into price fixing and collusion in the industry. Murray & Roberts Holdings Ltd. (MUR), the country’s biggest construction company by market value, was fined 309 million rand while Aveng Ltd., the second-biggest builder, will pay 307 million rand, Competition Commissioner Shan Ramburuth told reporters in Pretoria today. Wilson Bayly Holmes-Ovcom Ltd. was fined 311 million rand and Stefanutti Stocks Holdings Ltd. (SSK) 307 million rand. Group Five Ltd. was among three companies yet to agree to a settlement. “It is the biggest collective fine” given to companies in South Africa, Ramburuth said. Antitrust regulators identified 300 cases of illegal or...

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