MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Higher At 7.1046 Fri; -5.03% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1046 FRI VS 7.1020

INE Business Confidence Data Supports Upward Revisions In Q1 GDP Forecasts

MNI: GERMANY FEB PRODUCER PRICES -2.9% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Ramaphosa Looks Through Party Opposition at ANC Meeting

SOUTH AFRICA
  • The National Executive Committee meeting of the ANC this weekend came alongside the conclusion of the Integrity Commission’s investigation into the Phala Phala Scandal, which found that while the scandal has damaged the ANC politically, it cannot be concluded that Ramaphosa himself is to blame.
  • The inquiry’s findings have unsurprisingly come under fire from the President’s internal opposition, who see the report’s findings as ‘toothless’ ahead of the publication of branch nomination lists tomorrow.
  • The President’s closing remarks at the NEC called for unity and renewal and rejected calls for his resignation, paving the way for his re-election as leader in December.
  • Civil servants union groups have given the government a deadline of this Thursday to respond to wage and salary demands before pledging to “shut down the country” later this year. The action would likely be a repeat of the industrial action from last Thursday, according to EWN.
  • Focus this week turns to the findings of an independent commission to the National Assembly on whether sufficient evidence exists to proceed with the Section 89 impeachment process against Ramaphosa. The deadline here is Nov 16th, where we also get September retail sales.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

To read the full story

Close

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.