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ATM Requests Setting Aside Public Prosecutor's Phala Phala Report, Absa M'fing PMI On Tap

  • The African Transformation Movement (ATM) filed a petition with the High Court to review and set aside Public Prosecutor Kholeka Gcaleka's report on the so-called Phala Phala scandal, which recently cleared President Cyril Ramaphosa of all wrongdoing.
  • President Ramaphosa said that the government has made progress in implementing its energy action plan to resolve the load-shedding crisis and will release a detailed report on the matter.
  • Retail price of gas and diesel will increase tomorrow, due to a rise in global oil prices, which was offset somewhat by a stronger rand.
  • South Africa's July Absa Manufacturing PMI will be published at 10:00BST/11:00CEST. The index printed at 47.6 in June.

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