President Ramaphosa’s maiden State of the Nation

State of the Nation Address by the President of the Republic of South Africa, Mr Cyril Ramaphosa, 16 February 2018, Parliament

Speaker of the National Assembly, Ms Baleka Mbete,

Chairperson of the National Council of Provinces, Ms Thandi Modise,
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Opposition parties react to Zuma’s resignation

The Democratic Alliance (DA) says it is “rejoicing” at the news that Jacob Zuma has resigned as president, while the United Democratic Movement says “good riddance”.

Zuma announced on Wednesday evening that, although he does not agree with this decision, he will resign as president of the republic effective immediately.
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Don’t give in to Zuma’s ‘demands’ in exit talk— DA

The Democratic Alliance (DA) said it was an insult to South Africans that President Jacob Zuma, according to reports, demanded a host of conditions as part of his removal of president.

The DA’s federal council chairperson James Selfe said on Sunday it was unthinkable and an insult to South Africans should he be granted his wishes after breaking his oath of office and disrespecting the constitution.
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Rand is slowly losing steam after realizing there is not much difference between Zuma and Ramaphosa’s policies

The rand is slowly losing steam after the initial recovery following Cyril Ramaphosa’s election as president of the ANC. All the optimism about a new “president” is slowly decreasing and economists believe that the currency is falling back and aligned with previous dissertations. This comes just after Ramaphosa’s land grab threats to seize land without […]
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Total collapse of state-owned enterprises under Minister Brown

The Democratic Alliance’s Natasha Mazzone has, once again, slammed Minister of Public Enterprises, Lynne Brown. Eskom remains in the spotlight. The Democratic Alliance’s Shadow Minister of Public Enterprises Natasha Mazzone has become quite a political “big name” over the last few months. Her grilling of Lynne Brown during the Eskom inquiry gathered particular attention. Now, […]
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The ruling party moves for land, and the Reserve Bank

The ANC will seek to amend the constitution of the country to allow for expropriation of land without compensation and will also nationalise the South African Reserve Bank, the party announced on Wednesday night. The contentious announcement was made just before the close of its 54th national conference on Wednesday night. The sectoral commission on […]
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How Cyril Ramaphosa Sold His Soul to The Oppenheimers For $900 Million. How Much Will He Sell SA For?

Has South Africa just jumped from the frying pan into the fire by having Cyril Ramaphosa elected as the President of the ANC and next President of SA? Are our memories that short that we forget that Ramaphosa is simply just a better liar than Zuma, and not only in the “African Way” is he […]
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Steinhoff implosion staggers SA

The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest corporate failure on the JSE so far, but it may just be the tip of the iceberg. On Thursday afternoon, Finance Minister Malusi Gigaba said he supported a decision by the Financial Services Board (FSB) […]
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Have SITA And SAPS Been Captured? Scopa To Ask Questions About R6.1bn Expenditure

The State Information and Technology Agency (SITA) appears to have become a site of capture by private interests, two investigations – by IPID and SITA itself – have revealed. The relationship between SAPS, the agency and Keith Keating, director of FDA and two other companies, Investigative Software Solutions and Risk Diversion Digital, also owned by […]
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S&P Downgrades South Africa To Full Junk Status As Rand Slides

S&P Global Ratings on Friday evening lowered its long-term foreign currency sovereign credit rating on the Republic of South Africa to ‘BB’ from ‘BB+’ and affirmed the ‘B’ short-term foreign currency sovereign credit rating. The outlook is stable. At the same time, the long-term local currency sovereign credit rating was lowered to ‘BB+’ from ‘BBB-‘ […]
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Gigaba: SA To Raise Revenue By R15bn In 2018’s Budget To Curb Debt

South Africa will implement spending cuts of R25 billion rand and raise revenue by R15 billion in next year’s budget to contain growing debt, Finance Minister Malusi Gigaba told Parliament on Wednesday. Gigaba said the extra R40 billion, or 0.8% of GDP, would be used to tackle rising public debt which otherwise could balloon beyond […]
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ANC regime is the reason why South African citizens live in poverty

Two equal evils, poverty and inequality lie at the root of South Africa’s economic problems. Both should be treated equally. If the focus is only on inequality, it will create an economy where everyone is equally poor, except the elite which holds power, said adv. Anton Alberts, chairman of the FF Plus. Adv. Alberts said […]
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Don’t be fooled by Ramphosa’s ‘New Deal’ or NDZ’s ‘radical economic transformation’

It is now abundantly clear that the race to succeed Jacob Zuma as ANC president next month is between his deputy, Cyril Ramaphosa, and Nkosazana Dlamini-Zuma — the president’s former wife and preferred successor. No one else matters. All our attention should be focused on these two. Not that the other supposed candidates for the […]
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South Africa Is On The Path To Zimbabwe If We Don’t Act Now

 Despite being called ‘hysterical‘ for warning people to get the money out of South Africa, economist Dawie Roodt insists that he is being completely responsible in warning citizens about the dark path the country is on. In a column published on Tuesday, Roodt said that South Africa is on the same route that many countries have […]
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Zackie Achmat: SA is on the verge of ‘chaos’ – Yes we know that already!

We must accept we are in an extremely dangerous situation where, unless we do something, we will create the moment of chaos.” This is the warning to South Africa from 55-year-old anti-apartheid activist and acclaimed Treatment Action Campaign (TAC) co-founder Zackie Achmat. “Everyone I know, all of us just hope Cyril [Ramaphosa] will win [the […]
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