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Ramaphosa Stages Fierce Defence of State of Emergency Proclamation

SOUTH AFRICA
  • Local press largely focused on the declaration of a state of emergency and Ramaphosa’s defence of his State of the Nation address. Ramaphosa stated that the declaration would be used to mitigate the social and economic effects of load-shedding “and nothing else”. Today, Ramaphosa travels to Addis Ababa to attend the 36th Ordinary Session of the African Union Assembly of Heads of State.
  • ENCA writes that public sector trade unions are to continue to put pressure on the government in order to secure a 10% wage rise, with the strike mobilisation process underway to serve notice on the 22nd February. The report sees unions skipping a scheduled session with the finance ministry due to begin today, that’s seen as a basis for negotiations.
  • While COSATU and SAFTU union groups are expected to join the strike action, but the PSA union group did not join the media briefing, according to Moneyweb.
  • Central Energy Fund data shows March’s petrol price rises could be significant, with forecasts showing unleaded petrol could be increased by more than R1.20 a litre, while diesel may be hiked by 38c. The bulk of the price rise is due to the recent weakness in the ZAR, rather than fluctuations in the oil price.

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