Wednesday 13 December 2017
(Business Day 05/13/13)
AFTER all the fanfare for the creation of a Brics development bank, actual implementation of this decision still seems quite far off. Speaking at this week’s World Economic Forum (WEF) on Africa in Cape Town, President Jacob Zuma said the bank would be reality “soon”. However, he said a report on the many issues involved in its establishment was expected only at next year’s summit of the Brics group — which consists of Brazil, Russia, India, China and South Africa — taking place in Brazil. The aim of the Brics development bank, which was announced at the Brics summit in March, is to reduce the reliance of Brics countries on Western financial institutions. Mr Zuma said this week that the...
(Swazi Observer 05/13/13)
SWAZILAND Tourism Authority Board Chairman Zacharia Dlamini has urged politicians within the Southern African Development Community (SADC) to speed up the process of introducing a UNIVISA for tourists’ easy access to the region. Dlamini was speaking during an interview at the Tourism Indaba held in Durban, South Africa. He said the status quo was frustrating and resulted in potential tourists not visiting some countries in the region. He said as players in the hospitality industry they felt the effects of the visa problem. “One can just appeal to the region’s governments to give the issue the attention it deserves because our efforts to promote our countries at such forums are dealt a huge blow by this problem,” he said. Dlamini...
(Business Day 05/13/13)
THE African summit of the World Economic Forum (WEF), which ended in Cape Town on Friday, is poised to find success where many global gatherings fail: it does appear to have made demonstrable progress. The best evidence of this is the emergence of a priority list of 15 infrastructure projects, designed to catalyse regional integration, propel growth through private sector activity and join up African markets. Of these projects, two are to be piloted in the next six months. It became clear at the meeting that everybody now believes regional integration to be the most critical ingredient needed to drive growth; so a priority list of projects agreed in a continent-wide forum is a very definite outcome of what for...
(Business Day 05/13/13)
BETTER urban planning to provide places for asylum seekers and economic migrants to live could help reduce friction between foreigners and South Africans, a seminar at the University of the Witwatersrand heard on Friday. Almost five years since a wave of xenophobic attacks on foreign nationals around the country left more than 50 people dead, not enough had been done by city planners and provincial government to prepare municipalities to proactively address the influx of foreigners, Rashid Seedat, head of the Gauteng Planning Commission, told the seminar. Many of the 2008 attacks took place in informal settlements. Mr Seedat said economic migrants had historically often chosen to work in South African mines and were subjected to the cruel hostel housing...
(Reuters (Eng) 05/10/13)
Africa's economic development is being held back by a "hemorrhage" of illicit financial flows, which may be getting worse, the African Development Bank said on Friday, calling for reforms to stem the losses. A draft report to be presented at the AfDB's annual meeting in Morocco later this month shows net resource outflows from Africa totaling up to $1.4 trillion over the 30-year period to 2009, far exceeding inflows to the continent. Illicit financial flows were "the main driving force" behind $1.2-1.3 trillion of the three-decade net drain, it said. This is about four times Africa's current external debt and almost equivalent to its current GDP. "The trend is continuing, it could even be increasing," AfDB Chief Economist Mthuli Ncube...
( 05/08/13)
President Jacob Zuma, addressing the South Africa-Nigeria Business Forum in Cape Town on Tuesday, encouraged South African companies to do more business in Nigeria and on the continent. Zuma told the high-profile gathering of South African and Nigerian government and business leaders that the government had put a number of measures in place to support outward investments by local companies, including the relaxation of cross-border financial regulations and tax requirements. Noting that similar measures applied to foreign companies wanting to invest in African countries using South Africa as their base, Zuma said the South African Reserve Bank had over the last few years approved nearly a thousand "large investments" into 36 African countries. Tuesday's forum, hosted by the Department of...
(Reuters (Eng) 05/08/13)
(Reuters) - South Africa's dominant mineworkers union will launch a youth wing on Thursday in a bid to shore up its numbers after it lost tens of thousands of members to a militant rival last year on the country's platinum belt. The National Union of Mineworkers (NUM), which says it has around 300,000 members or about 60 percent of the mine workforce in the world's top platinum producer, is a key political ally of the ruling African National Congress (ANC). Read the story at: http://www.reuters.com/article/2013/05/08/us-safrica-union-idUSBRE9470D2...
(Reuters (Eng) 05/07/13)
South African competition authorities will launch an investigation into the private healthcare industry, where early evidence showed high prices and market distortions, Economic Development Minister Ebrahim Patel said on Tuesday. The ruling African National Congress (ANC) is working on a long-term nationwide health insurance plan, but the $28 billion scheme will not be in place until 2025. Until then, the ANC wants to reduce the cost of healthcare for the millions of South Africans who cannot afford to go private, Patel said. "Various stakeholders have raised concerns about pricing, costs and the state of competition and innovation in private healthcare," he told reporters. Patel said competition authorities had ruled previously that the practice of setting up common tariffs for medical...
(News24 05/07/13)
Cape Town - The African Union needs a stronger military capacity to respond to instability on the continent, notably in central Africa, President Jacob Zuma said on Tuesday. He was speaking to journalists at Tuynhuys after talks with his Nigerian counterpart Goodluck Jonathan. Zuma said he shared with Jonathan "the same vision" of a conflict resolution mechanism led by Africans. "The need for an intervention brigade has become more crucial in light of the situations of instability in the Central African Republic, eastern DRC, and Mali, where decisive intervention is needed," he said. The issue deserved attention as the continent prepared to celebrate half a century of formal pan-African integration, Zuma said, referring to the birth of the Organisation of...
(The Sowetan 05/07/13)
President Jacob Zuma's fifth wife Thobeka Madiba Zuma is demanding compensation of half a million rand from SA Airlink over the alleged theft of uninsured jewellery from her bag during a flight, it was reported. After an extensive investigation, SA Airlink dismissed the claim and said its employees were blameless, Beeld reported. According to the newspaper, the airline said it could find no evidence of tampering with Madiba-Zuma's luggage. The theft allegedly occurred on December 15, 2012, when Madiba-Zuma flew from Nelspruit Airport to OR Tambo International Airport and was driven by car to Bloemfontein to join her husband for the ANC's conference in Mangaung. On December 18, she drafted a statement in which she declared that 36 pieces of...
(Mail & Guardian 05/07/13)
Documents revealed the now-infamous Gupta plane was cleared by the South African National Defence Force (SANDF) after all, and that clearance for the flight to land was clearly given on the basis that the plane carried "central government ministers" from India. While three SANDF officials were suspended in the wake of the furore, the documents seen by the Mail & Guardian showed the buck did not stop with them – and their superiors knew about the flight.The defence force also denied knowledge of the flight's authorisation. The documents revealed that the national defence force knew about plans to land a plane full of "central government ministers" from India at Waterkloof by late February – and that the landing was, in...
(Daily Sun 05/07/13)
Lungani (27) was a worker at Lonmin Platinum Mine during last August’s illegal strike. He was found hanging from a tree yesterday morning, near a small hill at the scene of the Marikana tragedy outside Rustenburg, North West. Lungani, from Matatiele in the Eastern Cape, had apparently been subpoenaed by the commission to testify at the Marikana Commission at the Rustenburg Civic Centre. The investigation is looking into what happened when 34 people were killed. His brother, Thabane (39), also a Lonmin employee, said Lungani was last seen by colleagues on Sunday afternoon. He was found by a passerby on his way to morning prayers at about 7am. The key to his room at the compound, a clock card and...
(City Press 05/07/13)
The recent Gupta aircraft scandal has caused divisions in the ANC and in Cabinet, and could lead to President Jacob Zuma’s ousting, according to unnamed sources.The Star reported today that Zuma and ANC secretary-general Gwede Mantashe had “fallen out” over the Gupta’s landing a private aircraft with wedding guests aboard at the Waterkloof Air Force Base last Tuesday. It said the incident had been the final straw for Mantashe, who had privately expressed concerns that the family wielded too much influence in government and ANC affairs. Mantashe’s supporters had since thrown their weight behind ANC deputy president Cyril Ramaphosa after reports that some of Zuma’s allies planned to block him from taking over as ANC president in 2017. It also...
(Business Day 05/07/13)
TRADE is booming between Africa’s two giants, but the often disagreeable process of getting a visa for South Africa is making Nigerians feel unloved. The country’s finance minister, Ngozi Okonjo-Iweala, put her finger on a sore point on Monday, underlining how political and diplomatic relations have lagged behind commercial ones. A real effort has begun to try to warm things up. President Jacob Zuma went to Abuja last month to ensure that his opposite number, Goodluck Jonathan, would be coming for a full-blown state visit to South Africa followed by participation in the May 8-10 World Economic Forum on Africa 2013 this week. Mr Jonathan flew to Cape Town airport last night. By an increasingly important barometer — money —...
(Voice of America 05/07/13)
Zambia’s High Commissioner to South Africa has reassured the government in Pretoria that diplomatic relations between the two nations will remain strong, according to Clayson Monyela, South African Foreign Affairs Ministry Spokesman. “South Africa noted with regret this negative comment about South Africa attributed to the vice president of Zambia,” said Monyela, referring to a report in the Guardian newspaper. “What we have received from the Zambia High Commissioner,” continued Monyela, “is that relationship between Zambia and South Africa remains strong, solid, friendly and fraternal and historical. We will seek an explanation from him in terms of what do these remarks mean in the context of our bilateral relations.” Last week, South Africa summoned Zambia’s ambassador Muyeba Chikonde to explain...
(The Associated Press 05/03/13)
JOHANNESBURG – The author of a new report says South Africa is fighting a losing battle against corruption, with graft costing taxpayers nearly 1 billion rand ($111 million) last year. Lawyer Peter Allwright of law firm Edward Nathan Sonnenbergs says although 88 percent of people tried for financial misconduct are found guilty only 19 percent are dismissed. He says most get off with a written warning and remain in government service and continue stealing. Allwright says his report, based on figures from the Public Service Commission, covers only national and provincial governments, indicating the amount of money going missing from public coffers is more than that being reported. He tells the AP that corruption "is rampant, it is out of...
(BBC News Africa 05/03/13)
Five high-ranking officials in South Africa have been suspended as the government investigates security breaches during a society wedding. The justice minister said three police officers had also been arrested. A wealthy Indian family was allowed to land a private jet at a military base near the capital, Pretoria. The Gupta family, which flew in guests reportedly including Bollywood film stars and Indian government officials, has denied any wrongdoing. The Gupta brothers - Atul, Ajay and Rajesh - are said have wielded enormous influence in South Africa since white minority rule ended in 1994. Their business interests cover mining, aviation, technology and the media. On Thursday, it was also announced that the Indian embassy would be investigated to see if...
(Reuters (Eng) 04/30/13)
One of 27 South African soldiers injured in March in fighting against rebels in Central African Republic has died, bringing to 14 the total killed in the clashes, a defense force spokesman said on Tuesday. The soldier, who was not identified, had been released from hospital on April 19 following an improvement in his condition. "Yesterday, he collapsed at home and was rushed to hospital, where he died," South African National Defense Force spokesman Brigadier General Xolani Mabanga said. Pretoria had originally reported 13 killed in the fighting. South Africa suffered the casualties in fighting in late March near Bangui between members of its 200-strong military contingent deployed in Central African Republic and rebels who seized power there by toppling...
(CNN 04/30/13)
A video of a frail and unamused looking Nelson Mandela surrounded by South African President Jacob Zuma and other officials has prompted cries of political exploitation by the government. In the footage released by the South African Broadcasting Corp., the 94-year-old Mandela sits in a chair at his Johannesburg home, barely moving and never smiling as leaders from the governing African National Congress arrange themselves for a photo opportunity. At one point Mandela's grandson takes a picture with flash, causing him to close his eyes and purse his lips. The former president is sensitive to flash photography from his years laboring in quarries during his imprisonment under the country's apartheid government. Zuma says Mandela is in "good shape," but the...
(Reuters (Eng) 04/30/13)
Economic development researchers on Monday unveiled a database of China's aid to Africa in an effort to work around Beijing's secrecy about the numbers, as a debate rages over the intentions and impact of Chinese assistance. The study and database by the Washington-based Center for Global Development and AidData, a research project, includes 1,673 Chinese development finance projects worth $75 billion in 50 African countries from the years 2000-2011. The Chinese figures, using standard measures of Official Development Assistance (ODA) and Other Official Finance (OOF), are roughly on par with U.S. aid to Africa during the same period, the Center for Global Development said. While official ODA from Western countries and some major developing countries is openly reported and easily...

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