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Echoing Trump, Mashaba targets undocumented migrants
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.
D-day: Game of chicken grips Sassa crisis
The crisis swirling around South Africa’s system of welfare payments to the poorest third of its people has become a game of chicken.
ANC: Treasury won’t break law on Sassa deal
Treasury will not act illegally and approve a new welfare distribution deal with Net1 unless it has been sanctioned by the Concourt.
Duarte: Leadership fight risks split in ANC
The ruling party is at risk of further splits amid a battle for senior positions in the ANC, deputy secretary general Jessie Duarte said.
Bank of Baroda begins closing Gupta-linked accounts
Oakbay Investments, the controversial family’s main holding company, said it wasn’t aware that Baroda would close its accounts.
Extending Net 1 social welfare contract would be unlawful, says Pravin Gordhan
The social development department’s ability to continue to make monthly welfare payments to about 17-million people is in jeopardy.
Dlamini-Zuma may be appointed to Cabinet to ease succession
The move would bolster Dlamini-Zuma’s profile and chances of replacing Zuma as ANC president.
Lonmin could lose licence over failure to improve workers’ living conditions
The presidency says the company has been too slow to build accommodation for its workers, many of whom still live in temporary shacks.
Six candidates vie to succeed Zuma as ANC president
Zuma is not among the six and isn’t expected to seek re-election, the party’s secretary general Gwede Mantashe said.
Ramaphosa gains from Zuma’s woes in presidential succession race
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.
Reserve Bank leaves benchmark rate unchanged at 7%
The rand has strengthened 15% against the dollar this year after losing over 25% of its value in 2015.
ANC leans toward more populist economic policies to win back lost voters
The ANC will press the government to prioritise creating jobs and alleviating poverty in the national budget.
Unprecedented JSE error means current account is under greater pressure
Everyone, from stock analysts to economists and the central bank, has been left reassessing two months of data on the country’s investment flows.