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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans
MNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
Mantashe Urges Mining Unions to Discuss Ways to Stop Coal Extinction
LOCAL NEWS
- Resource Minister Mantashe urges mining union NUM to discuss ways to save coal from extinction at the first day of a NUM conference in East London.
- Mantashe said moving off coal at this moment was inadvisable and risks destroying the economy of Mpumalanga and other coal mining regions.
- He stressed that this transition would be too complex for a smaller economy like SA to manage. This come ahead of the COP26 forum where a just transition solution is expected to be discussed for Eskom
- ANC Secretary General Jesse Duarte says the ANC is confident it will achieve victory in the Free State, despite major service delivery challenges.
- Duarte assured voters that ineffective councillors would be removed from their posts should they fail to perform their duties.
- Deputy President Mabuza, however, highlighted concerns that ill-timed load-shedding would weigh on support for the ANC - SABC
- Professor warns that the introduction of a basic income grant will reduce poverty and hunger, but won't lead to economic growth (a view shared by FinMin Godongwana).
- Notes that in the medium-term, the only reliable revenue source for the grant would be personal income tax or VAT - or a combination of both
To read the full story
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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.