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Thulsie twins pre-trail expected to come to an end
22 November 2019, 7:52 AM

Pre-trial proceedings in the case of terror accused twins Brandon-Lee and Tony-Lee Thulsie are expected to wrap up at the High Court in Johannesburg on Friday.

This after the Court ordered the State to ensure that all outstanding documents are handed over to the accused’s counsel by November 22, 2019, so they can prepare for trial.

The twins were arrested in July 2016 for allegedly plotting a series of attacks on Jewish targets and the US Embassy in the country.

They were charged with conspiracy and incitement to commit terror-related crimes and their pre-trial has seen a number of delays over the last three years.

The twins’ attorney Annelene van den Heever accused the state of using delaying tactics to delay the trial.

However, the state disputed the accusation arguing that it was due to technical difficulties that it has not managed to hand over all the outstanding documents.

A trial date is expected to be set on Friday.

SARB keeps interest rate at 6.5 percent
21 November 2019, 3:28 PM

The Reserve Bank has left the repo rate unchanged at 6.5 per cent.

On Wednesday, some economists said there was room for the Reserve Bank to lower the repo rate because inflation is at its lowest rate in eight years.

Statistics South Africa also announced on Wednesday that the headline consumer price index fell to 3.7  per cent in October, down from 4.1 per cent the month before.

In September, the bank’s Monetary Policy Committee kept the repo rate unchanged at 6.5 per cent following a 25 basis points cut.

Watch South African Reserve Bank governor, Lesetja Kganyago’s MPC decision announcement below:

ACDP calls for Bongo to stepdown
21 November 2019, 2:28 PM

ACDP Chief Whip Steve Swart has called for Parliament’s Home Affairs Portfolio Committee chairperson Bongani Bongo to step down,  pending the outcome of his corruption case.

The Hawks arrested Bongo on allegations that he tried to bribe then evidence leader Advocate Ntuthuzelo Vanara to frustrate the Parliamentary inquiry into Eskom.

Swart says while Bongo should be considered innocent until proved guilty, it would be in the best interest of Parliament for him to step down.

“It would seem wise that he should stand down from that position, given the allegations that are against him. We saw that in the past with of the Bosasa allegations against Mr. Vincent Smith. He then stood down from the committee that was dealing with the Section 25 of the land issue. So we think there is a precedent to stand down, pending the outcome of both is criminal actions and of course possible continuation of misconduct hearings in the ethics committee.”

Meanwhile, Parliament says National Assembly Speaker Thandi Modise will meet MP, Bongo, regarding his arrest.

Bongo, who chairs Parliament’s Home Affairs Portfolio Committee, was released on bail of five-thousand-rand by the Cape Town Magistrate’s Court on Thursday morning.

He is accused of trying to bribe Ntuthuzelo Vanara, the then evidence leader in a Parliamentary inquiry into Eskom to disrupt the work of the commission.

Modise’s spokesperson Moloto Mothapo says the Speaker will be kept informed regarding the case.

“There will be an interaction between the speaker and the member… The institution can continue to monitor it.”

Expectations of rate cuts ahead of MPC meeting
21 November 2019, 1:53 PM

Some economists say there’s room for the Reserve Bank to lower the repo rate shortly.

They say this is because inflation is at its lowest in eight years.

On Wednesday, Statistics South Africa announced that the headline consumer price index fell to 3.7 per cent in October, down from 4.1 per cent the month before.

In September, the bank’s Monetary Policy Committee decided to keep the repo rate unchanged at 6.5 per cent following a 25 basis points cut.

The South African Reserve Bank’s policy committee is meeting on Thursday for the last time in 2019.

SA govt urges patience during foot and mouth outbreak
20 November 2019, 2:54 PM

The Agriculture Department has pleaded with auctioneers, meat producers and livestock commercial farmers for patience, as government tries to contain the outbreak of foot and mouth disease.

Departmental Director-General Mike Mlengana addressed industry roleplayers in Bela-Bela, Limpopo.

Mlengana says the auction of cattle in four provinces can only resume once the foot and mouth outbreak has been contained.

“Until we track where its origin come from we cannot give a definite timeline but I said to them they must give us three weeks to almost a month, perhaps at that time we will have information that will allow them either to trade or at least to be up to date as to what is going on.”

Meanwhile, farmers are concerned about the loss of income.

“We farmers we are suffering. We have to go and plough depending on this livestock, so for us to plough we have to sell the livestock, so we must buy diesel, the seed, the fertilisers, where will we get money. The only source for us to get money is through auctions.”

 

 

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