Donwald Pressly
Guest Author
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/ 30 May 2006

Succession debate no reason for panic

Big business and government leaders, including President Thabo Mbeki and Minister of Trade and Industry Mandisi Mpahlwa, agreed on Tuesday that there was ”no need to panic” over the matters of transition from an Mbeki presidency to a new one. These words were used by Standard Bank’s Saki Macozoma.

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/ 29 May 2006

Travelgate accused to face court in July

The head of South Africa’s National Prosecuting Authority, Vusi Pikoli, on Monday briefed the presiding officers of Parliament and the chief whips of the various political parties on the progress being made in the ”Travelgate” prosecutions. At a briefing to the media afterwards, Pikoli indicated that 30 people will face the court on July 31.

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/ 25 May 2006

Minister: SA reviewing petrol liberalisation

Recent global events, including high costs of imported oil, have necessitated a review of South Africa’s planned liberalisation of the petroleum sector, outgoing Minister of Minerals and Energy Lindiwe Hendricks said on Thursday. The minister said that the impact of the increases could result in the slowing down of global economic growth.

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/ 23 May 2006

Manuel cautious about market imbalances

Minister of Finance Trevor Manuel has taken a cautious stance on what he termed growing imbalances in world markets, noting that South Africa’s rand currency saw "a lot of movement" in one day on Monday. He was addressing the National Assembly finance portfolio committee during the National Treasury budget vote briefing.

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/ 22 May 2006

Battle for Cape Town continues

Official opposition Democratic Alliance leader Tony Leon took to the streets of Mitchells Plain on Monday, where his party is fighting a key by-election against Patricia de Lille’s Independent Democrats in the coloured working-class district of Tafelsig. He argued that voters were being given a chance to vote against De Lille’s flirtation with the African National Congress ”reign of ruin”.

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/ 18 May 2006

Door opened to review floor-crossing

South African President Thabo Mbeki has opened the door to a review of floor-crossing legislation — which allows MPs, members of the provincial legislatures and local government councillors to defect from their political parties — but said the matter was ”eminently political” and should be dealt with by MPs and not the executive.