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What is the ANC learning from the private sector

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Within the past few days, former president Kgalema Motlanthe said it would be good if the ANC was voted out of office (good for the ANC, that is), the outspoken MP Makhosi Khoza resigned from Parliament and from the ANC, and the Bank of Baroda won a court case to allow it to stop being..
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Moyane clings to existence of so-called ‘rogue unit’ despite KPMG confession

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Sars commissioner Tom Moyane has insisted that there is evidence to support the notion of a so-called “rogue unit” in Sars, despite a blow from auditing firm KPMG which withdrew its findings on the unit. Moyane announced in a press briefing on Monday that the South African Revenue Service is now pursuing legal action against..
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Lessons to be learnt from the rest of the African continent

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While South Africa had “a head start in the level of its development compared to other African economies” there was much to learn from the rest of the continent, many of who were “making greater progress, despite starting from a low base.” South Africa also had a role to play in contributing to the continent’s..
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ConCourt rules on new owners’ historical debt.

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The Constitutional Court on Tuesday ruled that new home owners are not liable for historical debt taken over from previous owners. Municipalities such as Tshwane, eThekwini and Ekurhuleni — as well as the cooperative and governance minister — argued against a landmark high court judgment in 2016, which made a similar ruling. The high court..
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Did Guptas sell mines they didn’t own? The Zuma and Guptas stories is just getting interesting day by day.

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Many questions remain about the Gupta family’s announcement on Wednesday that it was selling Tegeta Exploration, a company with coal mines that, according to Eskom, are critical for keeping the lights on in the country. But two questions stand out: Who is buying Tegeta, and who is selling it? Neighbours in the vicinity of the..
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Are the Guptas starting to feel the heat?

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Gupta-owned Oakbay Investments has sold Tegeta Exploration and Resources to Swiss-based Charles King SA for R2.97-billion, it announced on Wednesday. The firm is at the centre of former Public Protector Thuli Madonsela’s State of Capture report, which found irregularities with its dealings with Eskom. Brian Molefe stepped down as a result of the report in..
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Energy fund faces ruin if state mining company moves to Zwane’s department.

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The Central Energy Fund (CEF) faces financial ruin when Energy Minister Mmamoloko Kubayi hands the state’s mining company, African Exploration Mining and Finance Corporation, to the department of mineral resources. This will take place in the few months left of this financial year. Sources in the department have told the Mail & Guardian it will..
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Makhosi Khoza, African National Congress MP, hits back at claims that she ‘insulted’ ANC colleagues.

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Makhosi Khoza has denied she insulted ANC colleagues following a boycott of a meeting she chaired last week, saying she was responding to their initial taunts. Khoza was sacked as chairperson of the portfolio committee on public service and administration last Thursday, August 17, after ANC MPs wrote a letter demanding she be removed two..
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Falling BRICS endanger their citizens’ health, starting with Jacob Zuma.

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As he launches the African Regional Centre of the New Development Bank (NDB) in Sandton on Thursday, nearly 18 months behind schedule, Jacob Zuma must have mixed feelings. Strife-riven Brazil, Russia, India and China are more risky allies than Zuma reckoned when in 2010 he accepted Beijing’s invitation to join the club. “I was poisoned..
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The new virtual money options may cause bankruptcy for the ANC government!!

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South Africa’s government is well aware of technological developments regarding virtual or crypto money and has already created an interministerial working group that monitors it in conjunction with private sector experts with a view to possible regulation. It appears from written questions by adv. Anton Alberts, chairman of the FF Plus, to the Minister of..
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