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Ramaphosa Faces CR17 Questioning at Zondo Commission, Magashule Slams NPA Delay Tactics

SOUTH AFRICA

LOCAL NEWS

  • Ramaphosa set to face the state capture commission again today and likely face questioning regarding the CR17 funding campaign.
    • As noted yesterday, Ramaphosa said he was unaware of many illicit goings on within the ANC during his tenure at Deputy president – and only held back from resigning in order to clean up the party from the top by becoming president
  • Suspended ANC SG Magashule accuses the NPA of delaying tactics to keep him from leading the ANC after his trial money laundering trial was postponed to 19 October – also saying he oozes confidence because he will win and expose this as a political trial
  • Eskom CEO De Ruyter says Medupi repairs could cost R2bn and take two years to complete with 700MW being taken from the system at a time when the grid is already vulnerable.
    • This contrasts substantially with cost estimates of R20-40bn from energy expert Ted Blom
  • SA records 7,502 new cases of Covid-19, 573 deaths as the country crosses 10% of its vaccination target for the year.
    • Health Dept says it aims to inoculate 35-40m citizens by year-end. The target of 300,000 vaccination per day is still illusive however with only 175,000 being administered yesterday
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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