Johannesburg – President Jacob Zuma has welcomed the outcome of the 26th Ordinary Summit of the Heads of State and Government of the African Union (AU), in Addis Ababa, the Presidency said on Sunday. The summit was scheduled for two days, and started on Saturday. This year’s theme was “African Year of Human Rights with […] The post President Zuma pleased with AU summit … [Read more...] about President Zuma pleased with AU summit outcome
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Zuma Says Rand's Response to Nene Dismissal Was an Overreaction
Zuma Says Rand's Response to Nene Dismissal Was an Overreaction The removal of former Finance Minister Nhlanhla Nene in December didn't trigger the collapse of South Africa'scurrency, President Jacob Zuma said. “The rand had been going down when Nene was there, it had been going down for months and months,” ... Read more on Bloomberg GLOBAL … [Read more...] about Zuma Says Rand's Response to Nene Dismissal Was an Overreaction
New: South Africa's Zuma says sacking of minister not behind crash in rand
South Africa's Zuma says sacking of minister not behind crash in rand (ShareCast News) – An exodus of Japanese investors triggered a 'flash crash' in the South African rand on Monday, analysts said. At one point in the session, the rand fell 9% – the most since October 2008 – to 17.9169 per US dollar, but as of 10:00 GMT ... Read more on IFA … [Read more...] about New: South Africa's Zuma says sacking of minister not behind crash in rand
Zuma pushes for economic equality
South African President Jacob Zuma pledged to supporters of the ruling party that the ANC would strive toward levelling economic divisions left by apartheid, and that this would include steps toward implementing a minimum wage. “Economic freedom must become a reality in our lifetime,” Zuma said in a speech at a rally in the northwest town of Rustenburg on Saturday … [Read more...] about Zuma pushes for economic equality
Zuma reflects on unity among South Africans
The government was fostering social cohesion by popularising national symbols and teaching schoolchildren about their rights and responsibilities, President Jacob Zuma said on Friday. He said, in his end of year statement, that there were also continued efforts to ensure there was a national flag in every school. The bill of responsibilities and values had […] The post … [Read more...] about Zuma reflects on unity among South Africans