Donwald Pressly
Guest Author
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/ 18 November 2005

Trouble in DA house

The Democratic Alliance has changed its selection procedures for local government candidates in Cape Town after discrepancies in membership lists were discovered in a number of branches in the city. Branches send delegates to an electoral college in accordance with membership size. But a recent federal audit of the party’s structures found variations paid for by other members to boost numbers.

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/ 10 November 2005

DA, Mboweni agree on exchange controls

South African Reserve Bank Governor Tito Mboweni deserves support for his position that remaining exchange controls should be abolished, says the official opposition Democratic Alliance. Mboweni said on Wednesday that South Africa’s remaining foreign-exchange controls have become "purposeless".

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/ 3 November 2005

Manuel looks to close tax-avoidance gaps

Minister of Finance Trevor Manuel says the tax revenue lost through avoidance schemes "clearly runs into billions" of rand and the South African authorities are fine-tuning a mechanism to close existing gaps. He was speaking at the release of a South African Revenue Services discussion paper on tax avoidance.

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/ 1 November 2005

Diamonds Bill passed by Assembly

The Diamonds Amendment Bill would not introduce nationalisation in the diamond industry, Deputy Minister of Minerals and Energy Lulu Xingwana said on Tuesday. The Bill was passed by the National Assembly with objections noted from the official opposition Democratic Alliance, the African Christian Democratic Party and the Freedom Front Plus.

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/ 1 November 2005

World ‘needs to prepare’ for climate change

South Africa’s contribution to the technological development of the pebble-bed modular reactor has been described as ”important” in the context of finding clean alternative fuels by the new British high commissioner to South Africa, Paul Boateng. He was speaking at a Cape Town Press Club function on the critical issue of global warming.

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/ 28 October 2005

Give tax cuts for jobs, asks DA

South African firms should be given tax cuts designed to increase employment for a period of five years, says official opposition Democratic Alliance leader Tony Leon. For this period, employers should be given tax deductions of 150% of the first R2 000 per month of new employees’ salaries.