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Johannesburg’s new mayor says he’s on a mission to clean up Africa’s richest city and the prime targets in his sights are undocumented immigrants.
The crisis swirling around South Africa’s system of welfare payments to the poorest third of its people has become a game of chicken.
Treasury will not act illegally and approve a new welfare distribution deal with Net1 unless it has been sanctioned by the Concourt.
The ruling party is at risk of further splits amid a battle for senior positions in the ANC, deputy secretary general Jessie Duarte said.
Oakbay Investments, the controversial family’s main holding company, said it wasn’t aware that Baroda would close its accounts.
The social development department’s ability to continue to make monthly welfare payments to about 17-million people is in jeopardy.
The move would bolster Dlamini-Zuma’s profile and chances of replacing Zuma as ANC president.
The presidency says the company has been too slow to build accommodation for its workers, many of whom still live in temporary shacks.
Zuma is not among the six and isn’t expected to seek re-election, the party’s secretary general Gwede Mantashe said.
Ramaphosa and Nkosazana Dlamini-Zuma are regarded as front-runners to take over from Zuma as ANC president next year, and possibly president in 2019.
The rand has strengthened 15% against the dollar this year after losing over 25% of its value in 2015.
The ANC will press the government to prioritise creating jobs and alleviating poverty in the national budget.
Everyone, from stock analysts to economists and the central bank, has been left reassessing two months of data on the country’s investment flows.
