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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 AccessRamaphosa Outlines Post-Zondo South Africa
- Following criticism of the President from a number of senior members of the KZN ANC, the regional party issued a statement yesterday in defence of the President and against party in-fighting. The region is ex-President and arch Ramaphosa critic Zuma’s home province, which went against Zuma in backing Zweli Mkhize in this December’s elective conference.
- President Ramaphosa has showcased his latest anti-graft credentials by installing the NPA’s Investigating Directorate as a permanent feature of a post-Zondo report South Africa. Similarly, ministers are now barred from playing any role in government tenders, with all ministers now subject to ‘lifestyle audits’ in order to rule out any wrongdoing.
- Speaking late on Friday, SARB’s Kganyago has urged the government to stick to their plans for fiscal consolidation and for debt reduction. The comments come ahead of this week’s MTBPS on Wednesday, with the governor flagging that a healthier debt profile would reduce risk and allow for lower interest rates across the curve.
- IOL writes that South Africa faces the risk of ‘fuel-shedding’ should the government fail to implement a 90-day strategic stock of fuel, with the recent Transnet strike action bringing the country close to running toward zero fuel supply.
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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.