South Africa's Rand Falls to Record Low After Finance Minister's Dismissal
The currency's drop came as yields on South African government debt surged and the country's FTSE-JSE All-Share index fell 1.9%. The past week's declines compound the troubles of an economy hit hard by a downturn in commodity prices and its inability …
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Moody's changes outlook to negative on 10 South African regional governments …
Johannesburg, December 18, 2015 — Moody's Investors Service has today changed the outlook on 10 South African regional and local governments' (RLGs) and two government-related entities' (GRIs) ratings to negative from stable. Moody's has affirmed the …
Read more on Moodys.com (press release) (subscription)
South Africa: Government Signs Twenty-Six Agreements Worth R94 Billion With China
President Jacob Zuma and President Xi Jinping during the state banquet held at the Presidential Guest House in Pretoria. President Jacob Zuma hosted his counterpart His Excellency the President of the People's Republic of China, Mr Xi Jinping who is in …
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South Africa Makes a Donation to the Central African Republic
The South African Government has today, Tuesday, 22 December 2015, announced a donation to the Transitional Government of the Central African Republic of computers and vehicles to assist with the upcoming elections. The donation of 15 vehicles and …
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Growth, Opportunity Act Benefits Uncertain for South Africa
A South African government official has expressed confidence that the country will meet the requirements stipulated by President Barack Obama to ensure its continued participation in the African Growth and Opportunity Act (AGOA). Sidwell Medupe …
Read more on Bloomberg BNA
Union Building, Pretoria South Africa
Image by Paul Saad
The Union Buildings (Afrikaans: Die Uniegebou) form the official seat of the South African government and also house the offices of the president of South Africa. The imposing buildings are located in Pretoria, atop Meintjieskop at the northern end of Arcadia, close to historic Church Square and the Voortrekker Monument. The large gardens of the Buildings are nestled between Government Avenue, Vermeulen Street East, Church Street, the R104 and Blackwood Street. Fairview Avenue is a closed road where only officials can enter to the Union Buildings.[3] Though not in the center of Pretoria the Union Buildings occupy the highest point of Pretoria, and constitute a South African national heritage site.[4][5]
The Buildings are one of the centres of political life in South Africa; "The Buildings" and "Arcadia" have become metonyms for the South African government. It has become an iconic landmark of Pretoria and South Africa in general, and is one of the most popular tourist attractions in the city and an emblem of democracy.
The Buildings are the location of presidential inaugurations.
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