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Posts Tagged ‘Government’
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May 6, 2019

Ramaphosa ANC won’t disappoint those who vote for party

Ramaphosa promised that African National Congress (ANC) members responsible for state capture or found guilty of corruption would not be part of his Cabinet or Parliament.

African National Congress (ANC) president Cyril Ramaphosa appealed to South Africans to re-elect the ANC. He promised that the party won’t disappoint those who vote ANC.

Ramaphosa was speaking during the party’s Siyanqoba rally at a packed Ellis Park Stadium on Sunday.

He said the party has the interest of all South Africans at heart.

“We call on South Africans to vote for the only political party that has the capability to unite South [...]

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November 12, 2018

ETHIOPIA’S CHANGING FORTUNES

The reform agenda under Prime Minister Abiy Ahmed, which has received nods and political acclaim globally, has radically broken the mould not only in the Ethiopian context but also in the African and global political spheres. It has indeed been a series of transformative firsts for Ethiopia since Abiy Ahmed took the helm following the resignation of Hailemariam Desalegn in February 2018. At 41, Abiy Ahmed is the youngest head of government in Africa and the first Oromo (the majority ethnic group in Ethiopia) to lead the country.

It all began with the lifting of the state of emergency that had been imposed in February 2018 following waves of anti-government protests in the [...]

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September 5, 2018

‘SA IS BEING RECALIBRATED’

Ramaphosa made the remarks during his address to a breakfast meeting with SA business leaders on Sunday in the Chinese capital city of Beijing‚ during a state visit hosted by Chinese President Xi Jinping.

Xi was in SA in June on a similar visit ahead of the recent Brazil‚ Russia‚ India‚ China and SA (Brics) summit.

Ramaphosa said ahead of the two-day Forum on China-Africa Co-operation summit that the government needed to provide not just “policy certainty but policy consistency” to investors to attract much-needed foreign direct investment.

“We’re recalibrating in many ways‚ we’re sharpening our messages to enhance investment to come our [...]

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August 17, 2018

THE RAND IN RECOVERY MODE!

The lira, the world’s worst performer this year, and South Africa’s rand led the advance as some investors say Turkey’s problems are unique and others look for buying opportunities across emerging markets, writes Bloomberg.

The rand was nearly 2.5% stronger in morning trade against the dollar on Tuesday, after sliding as much as 9.4% on Monday – the most since October 2008.

Bloomberg reported some analysts saying that there are few fundamental reasons for assets across emerging markets to fall because of the lira. Turkey’s problems stem from president Recep Tayyip Erdogan’s standoff with the US administration.

With average inflation rates at record lows and [...]

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