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Policy
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Global Macro
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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 AccessNo Charges Made Yet in Godongwana Allegations
- No decisions have been made on whether charges will be brought in the allegations against finance minister Godongwana. The National Prosecuting Authority said the processes to make a decision were still unfolding. Should charges be brought against the finance minister, Ramaphosa may be forced to reshuffle his cabinet to bring in a new finance minister just ahead of October’s medium-term budget statement.
- 2024 opinion polling continues to show the ANC are likely to retain power, although support is seen slipping among the major cities, according to the Social Research Foundation. The polling follows a much-covered poll from last month, which showed ANC support dipping below 50%.
- Central Energy Fund data shows that the magnitude of the expected drop for fuel prices in September is continuing to slip, with the price of 95 unleaded expected to fall by around R2.28 a litre in the first week of September. Earlier this month, petrol looked set for a R2.60 decline.
- President Ramaphosa appears later today, answering MP questions at 2pm local time (1300BST/0800ET).
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.