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Ramphele could help trim the ANC’s ‘absolute power’

Too long in office without a serious electoral challenge is precisely that — absolute power, writes Allister Sparks

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    MPs clash over time to finish controversial Legal Practice Bill

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    • Relief as ANC drops Broadcasting Act revision
    • Power FM faces battle for piece of the ad pie

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    • Review of public servants’ pay due as soon as Sadtu talks conclude
    • Government now sees importance of facing mining constraints

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    • Business calls for clarity on proposed carbon tax
    • Farm goods to go up, says FAO

    Law & constitution

    • MPs clash over time to finish controversial Legal Practice Bill
    • JSC calls for applications to fill court vacancies

    Education

    • Courts should ‘not have say’ in school closures, high court hears
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    • Alarm raised about lack of AIDS drugs
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    Opinion

    • EDITORIAL: Poll a battle for the ‘born-frees’
    • SIPHO HLONGWANE: Have a little sympathy for Igesund and Bafana

    Columnists

    • ALLISTER SPARKS: Ramphele could help trim the ANC’s ‘absolute power’
    • SIPHO HLONGWANE: A simple test for Julius Malema
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    Islamist rebels attack UN compound in Mogadishu

    Denel staff reported killed as Islamist militants launch deadly assault on UN compound, dealing blow to fragile security gains

    African News

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    • Africa needs to ‘pump local investment’ into oil to grow industry
    • Algeria probes state power boss over Alstom, General Electric deals
    • Wealth ‘created twice as fast’ in developing regions
    • Kenya’s fuel costs may soar on refinery spat

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    • EDITORIAL: A repeat of 2008 is looming in Zimbabwe
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  • World

    TOP STORY

    Rousseff moves to defuse mass protests sweeping Brazil

    President Dilma Rousseff expresses sympathy with ‘the voice of the streets’, promises to address grievances including poor public services and corruption

    Africa

    • Islamist rebels attack UN compound in Mogadishu
    • AU head invokes rule of law to back Mugabe

    Europe

    • UK’s ‘reckless bankers’ could end up in prison
    • Shareholder anonymity set to continue

    Asia-Pacific

    • No mention of Assad’s future in final communiqué on Syria
    • NEWS ANALYSIS: China launches first carbon exchange for high-emission industries

    Middle East

    • ‘Unhappy’ Afghanistan rejects US-Taliban talks
    • Rohani pledges Iran will ‘win back trust’

    Americas

    • World Bank watching US Fed, ready to step in
    • Swiss government faces uphill battle to pass US tax accord bill

    Opinion

    • ALEXANDER FRIEDMAN: West shifts to statism as China does the opposite
    • EDITORIAL: A repeat of 2008 is looming in Zimbabwe

    Columnists

    • RICHARD DOBBS: Myanmar’s growth challenge
    • SIMON LINCOLN READER: How Nigeria’s oil discovery became its curse
  • Opinion

    TOP STORY

    Exchange controls send wrong signal to investors

    Mark Shuttleworth’s case against the constitutionality of exchange controls is important for all South Africans, writes Leon Louw

    Editorials

    • EDITORIAL: Electronic snooping: throwing stones in glass houses
    • EDITORIAL: A repeat of 2008 is looming in Zimbabwe

    Columnists

    • LEON LOUW: Exchange controls send wrong signal to investors
    • STEVEN FRIEDMAN: Malema hype is a symptom of middle-class fear

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    Rand gains on good data

    Local currency strengthens following release of better than expected consumer price index and trade data in SA

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    • Spanish government between a rock and a hard place
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    JSE Today

    All Share 40784.31-0.53% down
    Top 40 36391.61-0.57% down
    Financial 15 11117.02-1.12% down
    Industrial 25 46858.79-0.34% down
    Resource 10 46546.70-0.64% down
    All data is delayed by 15 min.
    Data supplied by I-Net Bridge

    Commodities

    Gold 1373.35000.38% up
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    Brent Crude Oil 106.1300.10% up
    Standard Bank
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  • Economy

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    Rand surges as current account deficit narrows unexpectedly

    Local currency gains almost 10c against dollar as current account deficit narrows in first quarter, though economists say it is still too big and rand remains vulnerable

    More News

    • Consumer inflation slows more than expected
    • Slower household spending growth a negative omen
    • Data show slow growth is hurting job creation
    • Appetite for government bonds returns

    Economic Indicators

    Petrol price (95)R12.47-73c/lsame
    Repo rate5%0.0ppsame
    Prime rate8.5%0.0ppsame
    GDP (Q1 13)0.9%-1.2ppsame
    CPI (May)5.6%-0.3ppsame
    PPI (Apr)5.4%-0.3ppsame
    Last updated on Jun 19

    Opinion

    • CHRIS LOGAN: Association wants to pluck cash-strapped consumers
    • NICK VAN GIESEN: Africa holds key to tackling global food crisis

    Columnists

    • STEVEN FRIEDMAN: Malema hype is a symptom of middle-class fear
    • DAVID GLEASON: High price for getting sums wrong
  • Business

    TOP STORY

    State companies may have to use pension funds to fund investment, says Gigaba

    Public Enterprises Minister Malusi Gigaba says state-owned companies need new ‘resource mobilisation’ strategies as ‘funding from financial markets has shrunk’

    Trade & Industry

    • Association wins court bid to supply more data on chicken tariff battle
    • ‘Chicken wars’ set to produce only losers
    • Poultry tariff hike unfair, says Argentinian ambassador

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    TOP STORY

    Famous Brands flags rise in first-quarter sales

    Sales at franchises rose 16.8% in first quarter, Famous Brands says in trading update, with strong growth seen in rest of Africa and ‘gorilla brands’

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    • Alexander Forbes ‘on right strategic path’
    • Aspen aims to buy Glaxo’s thrombosis drugs, plant
    • Insurance firms’ rally ‘boosted by equity markets’
    • Rockwell CEO says company has turned the corner

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    Fears for credit-led spending as bad debts escalate

    National Credit Regulator quarterly data show bad debts among consumers in South Africa are growing faster than the number of new accounts and of credit-active clients

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    VRROOM WITH A VIEW: Humble station wagon draws attention

    Unlike in Europe, there is a dearth of these family-friendly cars on South Africa’s roads, writes Alexander Parker

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    • VRROOM WITH A VIEW: Humble station wagon draws attention
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    Safa asks Fifa to investigate graft charges

    South African Football Association asks Fifa to probe damaging claims of financial mismanagement made in anonymous dossier

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    • Boks plan to master breakdowns
    • Bok veterans need to step up against Samoa

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    • Safa asks Fifa to investigate graft charges
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SUMMIT TV: Government payment turnaround ‘not so bad’

September 13 2012, 14:35 | 0 Comment(s)
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Neren Rau, CEO of the South African Chamber of Commerce and Industry

More in this section

  • State companies may have to use pension funds to fund investment, says Gigaba
  • Alexander Forbes ‘on right strategic path’
  • Famous Brands flags rise in first-quarter sales
  • H&M posts drop in second-quarter earnings
  • Rockwell CEO says company has turned the corner
  • Iliad pins hopes for higher profits on rebranding exercise

Top Stories

  • Survey paints gloomy picture for jobs
  • How a small factory in Port Elizabeth conquered the world
  • Blood, sweat and tears vowed as South Korea tackle Iran for Brazil
  • Ramphele tells DA ‘to get real’
  • Hope for Bafana Bafana as Ethopia face disciplinary action
  • Power FM goes live

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JSE Sens

  • GIYANI GOLD CORPORATION - Abridged Pre-Listing Statement
  • JSE LIMITED - Index Change Advice - 20130624 Amalgamated Appliance Holdings Deletion
  • DTC: DATATEC LIMITED - Transfer of shares from treasury
  • IPL: IMPERIAL HOLDINGS LIMITED - Change to the Executive Management of the Group
  • MVS: MVELASERVE LIMITED - Further cautionary announcement
  • ASR: ASSORE LIMITED - Assmang Approves Ferromanganese Joint Venture in Malaysia
  • ARI: AFRICAN RAINBOW MINERALS LIMITED - Assmang approves Ferromanganese Joint Venture in Malaysia
  • CLR: CLOVER INDUSTRIES LIMITED - Dealing in securities by a director of the company and a director of a major subsidiary of the company
  • AME: AFRICAN MEDIA ENTERTAINMENT LIMITED - Publication of reviewed result for the year ended 31 March 2013 Omission
  • BIDVESTCO LIMITED - New Instrument Listing - BIDC32
  • PGFP: PSG FINANCIAL SERVICES LIMITED - Acquisition Of Securities By Clients Of Allan Gray Proprietary Limited ("Allan Gray")
  • MMP: MARSHALL MONTEAGLE PLC - Dealing by directors
  • INGUZA INVESTMENTS (PTY) LIMITED - New Instrument Listing - ING217
  • INDWA INVESTMENTS LIMITED - New Instrument Listing - INA339
  • HLM: HULAMIN LIMITED - Acceptance Of Rights To Participate In Share Incentive Plans By Executive Directors And Company Secretary
  • Local
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All Share 40784.31-0.53% down
Top 40 36391.61-0.57% down
Financial 15 11117.02-1.12% down
Industrial 25 46858.79-0.34% down
Resource 10 46546.70-0.64% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
FTSE 100 6348.82-0.40% down
Dow Jones 15301.18-0.11% down
All Share 40784.31-0.53% down
ASX 4841.800.00% same
S&P 500 1650.360-0.09% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
USD/ZAR 9.9624-0.38% down
GBP/ZAR 15.5991-0.21% down
EUR/ZAR 13.3537-0.25% down
JPY/ZAR 0.1046-0.08% down
AUD/ZAR 9.49930.11% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
Gold 1373.58500.40% up
Platinum 1426.2000-0.89% down
Silver 21.73400.32% up
Palladium 695.5000-1.63% down
Brent Crude Oil 106.1400.11% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank

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  1. Survey paints gloomy picture for jobs
  2. How a small factory in Port Elizabeth conquered the world
  3. Blood, sweat and tears vowed as South Korea tackle Iran for Brazil
  4. Ramphele tells DA ‘to get real’
  5. Hope for Bafana Bafana as Ethopia face disciplinary action
  1. EDITORIAL: A repeat of 2008 is looming in Zimbabwe
  2. Ramphele could help trim the ANC’s ‘absolute power’
  3. Safa is unlikely to make Gordon Igesund walk

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  • All Share : 40784.31
    Change: -0.53%
    Top 40 : 36391.61
    Change: -0.57%
    Financial 15 : 11117.02
    Change: -1.12%
    Industrial 25 : 46858.79
    Change: -0.34%
    Resource 10 : 46546.70
    Change: -0.64%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6348.82
    Change: -0.40%
    Dow Jones : 15301.18
    Change: -0.11%
    Hang Seng : 20971.64
    Change: -1.20%
    ASX : 4841.80
    Change: 0.00%
    S&P 500 : 1650.360
    Change: -0.09%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.9624
    Change: -0.38%
    ZAR/GBP : 15.6017
    Change: -0.19%
    ZAR/EUR : 13.3565
    Change: -0.23%
    ZAR/JPY : 0.1046
    Change: -0.08%
    ZAR/AUD : 9.4993
    Change: 0.11%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1373.5850
    Change: 0.40%
    Platinum : 1426.2000
    Change: -0.89%
    Silver : 21.7340
    Change: 0.32%
    Palladium : 695.5000
    Change: -1.63%
    Brent Crude Oil : 106.140
    Change: 0.11%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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