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Zuma’s Junk-Avoiding Budget Plans May Hurt South African Growth

30 November 2017 By admin

Zuma’s Junk-Avoiding Budget Plans May Hurt South African Growth:

Zuma’s Junk-Avoiding Budget Plans May Hurt South African Growth:

South Africa's plan to cut spending and raise taxes to stave off further debt downgrades may have unintended consequences — stunting the economic growth that ratings companies are demanding. President Jacob Zuma told his Presidential Fiscal Committee to cut spending by 25 billion rand in next year's budget and to find ways to add 15 billion rand to the nation's revenue.

NGOs take on SA Energy Minister on nuclear power:

Members of the Southern African Faith Communities' Environment Institute protested outside the Western Cape High Court while advocates argued inside the court. Photo: Chantall Presence / ANA Members of the Southern African Faith Communities' Environment Institute protested outside the Western Cape High Court while advocates argued inside the court.

.com | Suspended health department head to challenge Life Esidimeni arbitration subpoena:

Johannesburg Suspended Gauteng Department of Health head Tiego Ephraim Selebano is on Wednesday expected to challenge a subpoena requesting his appearance at the Life Esidimeni arbitration hearings next month. Selebano wants the South Gauteng High Court in Johannesburg to set aside the subpoena and has claimed in papers filed earlier this month that he feared incriminating himself.

.com | ANC ‘confident’ of EFF’s support in attempt to oust Mashaba:

Johannesburg The ANC says it is confident that its wooing of the EFF to support its motion of no confidence against City of Johannesburg Mayor Herman Mashaba and DA speaker Vasco da Gama will yield results, after the EFF expressed regret over backing the mayor. ANC Johannesburg spokesperson Jolidee Matongo told News24 that ANC provincial chair Paul Mashatile has been handling the talks with the EFF's national leadership in the party's attempt to oust Mashaba.

The future of media:

In September The SpaceStation hosted its second Digital Salt conference in Johannesburg. This year's event did an excellent job of exploring the current influence of digital on businesses, and then also looked at the exciting ways it's expected to shift in future.

#NewCampaign: Come over to the bright side:

TBWA\Hunt\Lascaris Johannesburg launched MTN's summer brand campaign yesterday, 27 November and everything about it is next level. The brief was to create an iconic piece of work, said CCO Peter Khoury.

The easiest way to trick an airline into charging you less for your flight:

Scott Keyes of Scott's Cheap Flights has traveled around the world . Here's his trick for paying what the locals pay when flying out of the country.

South32 in partial exit from SA:

South32 yesterday set in motion the process of a partial exit from the country amid plans to manage its South African Energy Coal business as a stand-alone by April that will see the possible listing of the asset on the JSE. The JSE, London and Australian-listed mining and metals company, which was spun out of mining giant BHP Billiton in 2015, also said yesterday that it would invest R4.3billion to extend the life of the Klipspruit colliery by 20 years.

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News from Africa:

Source: MyJHB

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Filed Under: Johannesburg Tagged With: African, budget, growth, hurt, JunkAvoiding, plans, South, Zuma’s

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