Governance and democracy

2019 Elections Voters abroad have one week left to apply to cast their vote

7 March 2019  

South Africans living abroad who wish to cast their vote in the upcoming May elections have one week to left to apply.

"In terms of the election timetable published last week, registered voters have until 23:59 on March 13, 2019, to apply and notify the chief electoral officer of their intention to vote at one of South Africa's 121 foreign missions," the Electoral Commission of South Africa (IEC) said in a statement on Wednesday.

This reminder comes after President Cyril Ramaphosa proclaimed May 8 as the official national election date.
 

EU says 'no solution' yet to break Brexit deadlock

3 March 2019

The European Union said a solution to the Brexit deadlock remained elusive on Wednesday after the latest "difficult" talks with Britain weeks before its March 29 exit.

EU chief negotiator Michel Barnier gave the state of play after meeting his British counterparts late on Tuesday amid efforts to get the divorce deal through parliament in London.

Zimbabwe borrows $985 million from African banks

4 March 2019 

Zimbabwe’s Reserve Bank has borrowed $985 million from African banks to purchase fuel and other critical imports with current reserves covering imports for just four weeks, underscoring the severity of dollar shortages, governor John Mangudya said.

The southern African nation last month ditched a discredited 1:1 dollar peg for its surrogate bond notes and electronic dollars, merging them into a lower-value transitional currency called the RTGS dollar.

Sudanese activists call March 7 protests to honour women

7 March 2019

The Sudanese Professional Association, SPA, have announced the latest protest action it says is in honour of women for their participation in the ongoing ‘uprising.’

The March 7 rallies are a ‘tribute to the women movements’ and are billed to happen at a number of rallying points across the country.

SPA, on Wednesday (March 6) published points from which the protests are to be started. This is the first protest recognizing the role of women in what has been dubbed – the Sudan uprising.

PIC director tells inquiry Mboweni told board to resign

26 February 2019 
 

A member of the Public Investment Corporation's board said on Tuesday that the board only offered to step down after it was instructed to do so by Finance Minister Tito Mboweni. 

Board member Dudu Hlatshwayo was giving evidence before the judicial commission of inquiry probing allegations of impropriety at the state-run asset manager. Her evidence contradicts what was said by board chair and deputy Finance Minister Mondli Gungubele on Monday.
 

Cashew pile up burdens Tanzania govt after unilateral purchase

22 February 2019

Tanzania government is struggling to get buyers for cashew nuts it unilaterally bought from farmers after a November 2018 price standoff with private buyers.

Government opted to buy all harvests after private buyers failed to up their prices at the request of the president John Pombe Magufuli.

The army subsequently collected all the harvests from farmers in the country’s southern region. President Magufuli doubled the price of a kilo of cashew nut from 1,500 to 3,300 shillings, or a little over $1.

Former finance minister, SANDF chief to testify at state capture inquiry

28 February 2019

Former finance minister Trevor Manuel and former SANDF chief General Siphiwe Nyanda are scheduled to testify before the Zondo commission into state capture on Thursday.

Last month, Zondo, who is chair of the commission, denied an application by the Gupta family's lawyer Mike Hellens to cross-examine Manuel.

This was the second time the family was denied opportunity to cross-examine witnesses.

Zimbabwe launches new currency measure

20 February 2019

 

Zimbabwe, without its own currency for a decade, took steps to address its worsening economic crisis by allowing its surrogate currency, bond notes, and electronic funds to float freely against other major currencies, abandoning an official but artificial parity with the dollar.

To read the article titled "Zimbabwe launches new currency measure"Click here

Excise tax hike slammed by Black Tobacco Farmers Association

21 February 2019

The Black Tobacco Farmers Association (BTFA) has criticised the increase in excise tax announced by finance minister Tito Mboweni, saying it will affect their livelihoods.
Mboweni announced new increases in sin taxes on Wednesday.
In addition to excise duty hikes on alcohol, he said that the price of a pack of 20 cigarettes would rise by R1,14 to R16,66 and would increase by about 64c to R7,80 on a typical cigar.

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