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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 AccessZondo Report Makes for Difficult Reading for ANC
- The release of the final Zondo Commission report dominates headlines Thursday, containing serious criticism of the ANC’s oversight during the state capture saga. In response, the party has vowed that all ANC members implicated in the report will face the ANC integrity commission. Ministers implicated in the report have generally left office, although the current national ANC chair Gwede Mantashe has been named specifically.
- A task team led by ANC members Radebe and Lamola are to stage a response to the report, outlining the party’s strategy going forward. President Ramaphosa was criticised for not standing up to former President Zuma sooner, with opposition parties also critical of the government’s actions in the lead-up to the release. The EFF have claimed that the President pressured the report to cast aspersions on former state security head Arthur Fraser, who has accused the President of covering up a robbery at his farm a few years ago.
- Ramaphosa will be looking to shore up support within the party as he vies for re-election later this year.
- As expected, the health minister has formally dropped the requirement for wearing masks. The change was made in a government gazette published late yesterday. Phaahla and other ministers are set to make an address later today.
- Disruption persists across a number of Eskom plants, with protests taking place across six different Eskom plants in response to the abandoning of the fourth round of wage talks.
- Later today, Ramaphosa is to take part in the virtual BRICS conference hosted by China.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.