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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 AccessSection 89 Panel Report Shot Down, Inflation Data On Tap
- The National Assembly rejected a motion to activate impeachment proceedings against President Ramaphosa by 214 votes to 148, which clears the way for him to run for re-election as ANC leader at this week's elective conference. News24 reported that a rebel group led by Nkosazana Dlamini-Zuma "ultimately crumbled under pressure."
- Although Ramaphosa has been saved from a lengthy impeachment investigation, the vote may have some ramifications for local party politics. Justice Minister and ANC NEC member Lamola refused to speculate on what will happen to the ANC rebels, but it had been suggested that the party would seek to discipline them.
- Headline inflation in South Africa may have eased to +7.5% Y/Y last month from +7.6% prior, but core CPI is expected to have quickened to +5.1% Y/Y from +5.0%, according to a Bloomberg survey. The data will be published at 0800GMT/1000SAST. Retail sales for October will be published later in the day.
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.