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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 AccessPP Perjury Trial Delayed; NEC Postpones 'Step Aside' Meeting in Further Capitulation
LOCAL NEWS
- Public Protector Mkhwebane's case on 3 counts of perjury delayed to March 25th this morning. Charges linked to SARB's Bankorp bailout after the constitutional court found she lied under oath an presented a number of falsehoods in the course of litigation - EWN.
- Another damning ruling against her should add weight to DA Party's push to have her removed from office, which would be broadly positive due to her historic moves to obstruct Ramaphosa's reform agenda.
- ANC postpones NEC meeting due Friday where the 'step aside rule' was expected to be discussed.
- Deferment of this issue does not bode well, showing division with the NEC as some members (aside from Magashule) are also seen to be compromised.
- SA seen to be paying double the rate of EU for Covid vaccine from India's SII at $5.25/dose negotiated from AstraZeneca in 2020. Adding fiscal difficulties to the ailing the rollout programme - BusinessDay
- two prominent local economists expect rates unchanged at today's SARB - expecting a conservative approach with the SARB having "done enough to support the economy as much as it can to support the economy for now" - SABC News
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.