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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessLabour Unions Back Mandatory Vaccination, ATM to Push for Ramaphosa No-Confidence Vote
LOCAL NEWS
- Senior labour official says government is readying mandatory vaccination policy that will likely be implemented early in 2022. Notes NEDLAC has come to a broad agreement on the matter but some details are yet to be ironed out.
- SA’s largest union, Cosatu was initially against it but has now joined the chorus backing the move
- ATM says it will push for a no confidence vote in Ramaposa through a secret ballot following Thursday’s supreme court of appeal ruling which set aside the Western Cape High Court’s verdict against the ATM’s motion two years ago.
- ATM says the vote is justified on the grounds of SOEs collapsing under Ramaphosa’s watch and misleading parliament by saying there would be no more load-shedding
- Eskom hands over details of 30 defaulting customers in the Emalahleni municipality in Mpumalanga in a bid to claw back R5bn owed in energy payments – threatening blackouts if residents fail to pay.
- Authorities in the district say that high levels of unemployment have contributed to the growing trend of non-payment, but it’s residents, businesses and even some government departments that are at fault.
- The struggling power utility is constantly engaging with defaulters and working out payment plans to recover losses
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.