We are in a time where so much is happening – reading through information on the SONA seems outdated, but it was only last week Friday that it was presented! Since then government has re-iterated that we cannot afford nuclear power, cutting the nuclear deal at the knees; VAT is increasing for the first time in 25…
President Cyril Ramaphosa delivered his first SONA speech on Friday. There is still a lot being finalised – the Gupta’s are on the run, Zuma’s future is uncertain, but, Ramaphosa has already suggested adjustments to the mining charter, encouraged international investment, and highlighted the need to reduce South Africa’s high unemployment rate.
South Africa has been in a state of suspense for the week. Ramaphosa has been in negotiations with Zuma regarding Zuma’s departure but whether or not this will happen is unknown.
The Trump administration is threatening to release a memo implicating the FBI. It seems like a short-sighted move on the part of the presidency but looks like it will go ahead. In South Africa, Capitec had an encounter with Viceroy Research, ANN7 is no more, and Ramaphosa admitted that SA cannot afford nuclear power.
There has been a lot of positivity surrounding South Africa’s future lately. Cyril Ramaphosa is wooing the world with his charm, realism, and charisma in Davos. Aspects including Goldman Sachs commenting that SA is the emerging market to watch out for in 2018 and Brian Molefe having to pay back his unlawful retirement settlement, are signs that we…
South Africans are one of the most politically aware populations in the world, and it is no wonder. From a possible presidential recall (it would be the second one in a row for the ANC) to the shenanigans and deception of the DA in Cape Town. Hats off to South African journalists for keeping their…
A satellite launched from SpaceX disappeared, cryptocurrencies remain volatile, and South Africa’s politics is consistent in the dramatic. Keep reading for more of what has been happening over the past few weeks.
This will be our last News Flash for 2017, which we will commence again on 12 January 2018. We hope that you have enjoyed this weekly addition to your correspondence from Dynasty. Again, if you have any suggestions or feedback, we would appreciate hearing from you.
This News Flash casts a spotlight on private sector practices in South Africa – from MultiChoice, to Naspers, to SAP, to Steinhoff – we are well aware of the prevalence of corruption in our state institutions, but our private sector has been allowed to point fingers for some time. It is positive that mismanagement and corruption is being revealed and practices questioned across the board.
