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SOUTH AFRICA: Gov't Rules Out Ending DRC Troop Deployment, M'fing Output On Tap

SOUTH AFRICA
EM BulletBulletEmerging Market News
  • Defence Minister Angie Motshekga pushed back against the demand by the Democratic Alliance (DA), Economic Freedom Fighters (EFF) and several smaller parties to bring the 2,000 South African peacekeepers stationed in the Democratic People's Republic of the Congo (DRC) home after the death of 14 soldiers. International Relations Minister Ronald Lamola echoed her stance, noting that Pretoria would follow the "clear way forward" agreed during the joint Southern African Development Community (SADC) and East African Community (EAC) summit last week.
  • The Democratic Alliance (DA) filed paperwork with the Western Cape high court, arguing that the Expropriation Act was "unconstitutional" and "procedurally flawed". The adoption of the bill was among the reasons behind US President Trump's decision to cut aid to South Africa.
  • Parliament will debate President Cyril Ramaphosa's State of the Nation Address (SONA) delivered last week. The debate will last until Wednesday, with Ramaphosa set to take question from lawmakers on Thursday.
  • Statistics SA will release manufacturing production data for December at 11:00GMT/13:00SAST. Output may have shrunk by 1.6% Y/Y, according to Bloomberg consensus.
  • The National Treasury will today sell ZAR1.25bn of 8.25% 2032 bonds, ZAR1.25bn of 8.875% 2035 bonds and ZAR1.25bn of 11.625% 2053 bonds.
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  • Defence Minister Angie Motshekga pushed back against the demand by the Democratic Alliance (DA), Economic Freedom Fighters (EFF) and several smaller parties to bring the 2,000 South African peacekeepers stationed in the Democratic People's Republic of the Congo (DRC) home after the death of 14 soldiers. International Relations Minister Ronald Lamola echoed her stance, noting that Pretoria would follow the "clear way forward" agreed during the joint Southern African Development Community (SADC) and East African Community (EAC) summit last week.
  • The Democratic Alliance (DA) filed paperwork with the Western Cape high court, arguing that the Expropriation Act was "unconstitutional" and "procedurally flawed". The adoption of the bill was among the reasons behind US President Trump's decision to cut aid to South Africa.
  • Parliament will debate President Cyril Ramaphosa's State of the Nation Address (SONA) delivered last week. The debate will last until Wednesday, with Ramaphosa set to take question from lawmakers on Thursday.
  • Statistics SA will release manufacturing production data for December at 11:00GMT/13:00SAST. Output may have shrunk by 1.6% Y/Y, according to Bloomberg consensus.
  • The National Treasury will today sell ZAR1.25bn of 8.25% 2032 bonds, ZAR1.25bn of 8.875% 2035 bonds and ZAR1.25bn of 11.625% 2053 bonds.