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Government to finalise clear economic growth strategy
30 September 2019, 10:45 AM

President Cyril Ramaphosa says the government will finalise a clear economic growth strategy in a few weeks’ time.

His statement is contained in the first of his weekly message to the nation.

Ramaphosa says the aim is to boost confidence in an economy that’s facing low growth and high unemployment.

Investor confidence in South Africa is fragile, with the economic growth outlook clouded by a lack of clarity and progress on reforms.

The country has seen a decade of deepening poverty.

Ramaphosa says in 2019, the economy will record growth that lowers than expected.

He says government finances are stretched and several industries are looking at cutting jobs.

Last week, miner Sibanye-Stillwater said it planned to cut around 5 270 jobs as it restructures its loss-making Marikana operations in the North West.

 

Fraser-Pryce blazes to history with fourth world gold
30 September 2019, 5:58 AM

Jamaica’s Shelly-Ann Fraser-Pryce powered her way to 100 meters gold on Sunday to become the first person to win four gold medals over the distance at the athletics world championships.

Fraser-Pryce, who returned to the track in earnest only last year after giving birth to a son, stormed across the line in a season-best time of 10.71 seconds followed by Britain’s Dina Asher-Smith in 10.83.

Ivory Coast’s Marie-Josee Ta Lou, world silver medalist at 100m and 200m in London two years ago, completed the podium, grabbing bronze with 10.90.

The victory cemented Fraser-Pryce’s status as one of the all-time great sprinters, with her four world titles going alongside Olympic gold won in 2008 and 2012 and perhaps more to come at the 2020 Tokyo Summer Games.

The 32-year-old Jamaican now stands alone in terms of the world championships where her four titles are one better than her compatriot Usain Bolt and Americans Carl Lewis and Maurice Greene.

Britain’s Prince Harry swaps gifts with Malawi’s president
30 September 2019, 5:50 AM

Britain’s Prince Harry exchanged gifts with Malawi’s president during his first official visit to the country on Sunday, where he also visited a college and was joined by his wife Meghan via video call.

The Duke of Sussex had left the duchess and their four-month-old son Archie in Cape Town, where on Saturday Meghan met with a group of female activists, to visit Botswana, Angola and Malawi.

Though Harry has visited Malawi several times privately, this trip is his first visit in an official capacity, marking the final leg of his solo tour across southern Africa before re-joining his family in Johannesburg.

On Sunday, in the capital Lilongwe he met with President Peter Mutharika, who presented Harry with a large gift wrapped in green paper and received one from the duke in return.

He later attended a reception at the British High Commissioner’s residence, where he delivered an address in front of a union jack backdrop.

Earlier in the day, the duke visited a college to meet young women whose education is partially supported by The Queen’s Commonwealth Trust (QCT), of which Harry and Meghan are president and vice president respectively.

Harry was greeted by a line of students waving British and Malawi flags before entering the college, where Meghan joined proceedings via Skype while, she said, Archie took a nap.

ANC alliance partners are rejecting Mboweni’s economic strategy: Analyst
30 September 2019, 5:34 AM

Political analyst Khaya Sithole says some African National Congress (ANC) alliance partners are rejecting Finance Minister Tito Mboweni’s economic strategy due to fears that it might trigger further unemployment in the country.

Mboweni released the economic blueprint in August.

However, the SACP and COSATU have strongly criticised the plan saying they were not consulted before its release.

Mboweni has also maintained that government should sell some ailing state owned enterprises.

Political analyst Khaya Sithole says:”He’s talking about this, he’s having the conversation at the wrong time so of course no political party is going to champion any restructure that says we going to cut 6000 to 10 000 jobs just when you’ve got the highest unemployment on record in the country.”

“The problem here is how do actually implement some of these reforms without actually accelerating a pre-existing crisis and this is why you’re going to see the resistance coming from the other social partners.”

Related video click below:

Ndamase on designing the original Mandela shirt
29 September 2019, 7:07 PM

Sonwabile Ndamase is the Executive President of the South African Fashion Designers Agency, as well as the head of the Vukani Range Creations fashion house, and founder of the annual Vukani Fashion Awards.

His extensive experience in various fields within the fashion industry have seen the cementing of his commercial and personal brands in the hearts and minds of the fashion community, and in the history and future of South African fashion.

Ndamase is the designer of the original Madiba shirt;  he is the man who designed the colourful shirts that Madiba loved to wear.

Click video below:

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