Africa

 

Racism will soon be a crime punishable by law

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Jacob Zuma claims that the ideology of racism remained firmly entrenched among some population groups. Practising racism and racial intolerance will soon be an offence punishable by law in South Africa, according to President Zuma. Addressing a small but very enthusiastic crowd at Victoria Grounds in King William’s Town, Eastern Cape, to mark Human Rights Day, Zuma..
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Leaked Letters Reveal ‘SARS Wars’ Showdown Between Gordhan And Moyane

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Leaked letters between SARS head Tom Moyane and finance minister Pravin Gordhan reveal a complete breakdown in the relationship between the two finance heads. In one letter, leaked to and republished by the Mail & Guardian, Gordhan lambasted Moyane for approving his own salary increase for the 2015/16 financial year. In the letter to Moyane,..
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New Tax Tables For 2017: This Is How Much You Will Pay

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Following the announcement of new tax changes for the 2017/18 financial year by finance minister Pravin Gordhan, the country’s tax tables have been updated. One of the biggest changes announced by the finance minister is the introduction of a new tax bracket, aimed at the country’s wealthy. South Africans who earn more than R1.5 million..
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SAA to remain under intense government oversight – Gordhan – Budget 2017

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SAA will remain under intense government oversight, Finance Minister Pravin Gordhan said in his report contained in National Treasury’s 2017 Budget Review, which he tabled in Parliament on Wednesday. Referring to recommendations made by the Select and Standing Committees on Finance on the 2016 Revised Fiscal Framework, Gordhan said the committees recommend that National Treasury..
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Gordhan ups social spending and squeezes the rich

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Despite trying circumstances, Finance Minister Pravin Gordhan announced on Wednesday that the budget introduces new tax measures that target the rich and that social spending is prioritised to favour the poor. In his highly anticipated budget speech, Gordhan announced a new top personal income tax rate of 45% for those with taxable incomes of more..
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Mashaba ‘still pissed off’ – businessman Reddy on City Power investigation

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Mayor Herman Mashaba’s investigation into alleged corruption involving the city’s R1bn smart electricity meter tender is just petty politics, businessman Vivian Reddy said. Reddy is the owner of Edison Power which was awarded the billion rand tender to install smart meters throughout the municipality. The contract has been probed four times in the past by..
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The nuts and bolts of radical economic transformation

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At President Jacob Zuma’s second inauguration, he vowed that economic transformation would “take centre stage” during his last term of office. He promised that “the structure of the economy will be transformed through industrialisation, broad-based black economic empowerment and through strengthening and expanding the role of the state in the economy”. That the economy would..
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South Africa In Economic Breakdown: Zuma’s Grim Legacy In Charts – But His Friends Are Having Fun

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Jacob Zuma South Africans have become accustomed to heaving a collective sigh of relief as ratings agencies continue to stave off a ratings downgrade. But, South Africa’s ratings have moved close to sub-investment grade with President Jacob Zuma at the helm, as the graphs below indicate. The rand’s value has declined steadily, too, with a few..
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The Truth And Lies Of Zuma’s SONA 2017

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Amidst unprecedented security measures, South Africa’s President Jacob Zuma delivered his tenth State of the Nation Address on 9 February 2017. We fact-checked his speech. Claim: “To date, nearly 7 million households have been connected to the grid and now have electricity.” Verdict: Correct South Africa’s development indicators showed that 6,340,321 households had been connected..
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A MUST READ: Zuma’s Secret Blueprint For Total Power – Lily Gosam

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An ambitious plan to redraw provincial boundaries, control the treasury and conclude mega-deals to keep the ANC under Zuma control was hatched  * Lily Gosam is a pseudonym  INTRODUCTION In 2009 [president] Jacob Zuma secured the highest office in the land, in large part due to the composition of South Africa’s 1994 provincial map. And..
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