News wrap -19 November
RESERVE BANK INCREASES REPO RATE
SA Reserve Bank governor Lesetja Kganyago has increased the repo rate by 25 basis points to 6.25 percent. The repo rate is the rate at which the central bank lends money to commercial banks in the event of any shortfall of funds.
In September, the central bank kept the repo rate at 6 percent, despite slow growth from China, and a weak local growth outlook.The prime lending interest rate is now 9,75 percent. Kganyago says the economy remains weak despite improved manufacturing performance.
GP POLICE MAKE A BREAKTHROUGH IN BOZWANA MURDER
Gauteng Police have made a breakthrough in a case involving the brutal murder of North West businessman Andile Bozwana. Members of the provincial investigation unit have arrested two suspects after working tirelessly.Bozwana was gunned down last month on the N1 Garsfontein off ramp in Pretoria. The female passenger who was with the late businessman was also wounded but she survived. Police’s Colonel Lungelo Dlamini says a manhunt for more suspects continues.
HAWKS ARREST 18 COPS, 2 HOME AFFAIES
Eighteen police officers and two Home Affairs officials are expected to appear in Zeerust magistrate’s court today. The suspects were arrested while on duty for allegedly helping smugglers at a border post between South Africa and Botswana.
The Hawks say they’ve been linked to more than 50 criminal charges, including fraud.Hawks spokesperson Hangwani Mulaudzi says more arrests are imminent.
Mulaudzi says they were aiding smugglers with bringing contraband products into the country and also demanded bribes from visitors from Botswana.
ANA SCRAPPED FOR THIS YEAR
Teacher Unions are celebrating a victory following an agreement on the Annual National Assessments. Schools will not have to write the assessments this year.
This is contained in an agreement reached between five teacher unions and the Department of Basic Education. Schools will instead decide if and when they wish to assess pupils in a manner appropriate to the school.
The schools will also mark the tests and the results will be for the school’s own internal diagnostic purposes
MAKE EXAMPLE OF EXAM CHEATS
Education experts say the only way to ensure that cheating during matric exams does not continue – is by taking firm action against those found guilty. The call follows the recent cheating scandal – where the life sciences examination paper was leaked to learners in Limpopo.
Education analyst Graeme Bloch says a clear example needs to be made with perpetrators by means of prosecution.
Earlier this week Basic Education Minister Angie Motshekga confirmed that the exam paper leak in Limpopo was discovered just hours before the exam was set to start. Bloch says such incidents are directly linked to the need for financial gain.
KZN SETS ASIDE R114-MILLION FOR DROUGHT
In a bid to alleviate the pressure being caused by the drought conditions. The KwaZulu-Natal government has set aside R114-million for drought relief. The government is reprioritising its budget spend to deal with the devastating drought which crippling the province. Farmers remain the most affected by the drought – running the risk of losing livestock and crops
POOR SANITATION PUTS MILLIONS AT RISK
The UN children’s agency says the lack of access to proper sanitation is placing millions of the world’s poorest children at risk of disease and malnutrition. This has been revealed in connection with World Toilet Day which is observed today. More than two billion people worldwide do not have toilets. The findings come a day after the UN expressed concern over the growing water crisis worldwide.
About 2.5 billion people don’t have basic sanitation. Droughts and other disasters are also a major issue- leading to increased water scarcity, including in South Africa.
MASHININI IS NOT MY FRIEND- ZUMA
President Jacob Zuma says the newly appointed IEC chairperson Glen Mashinini is not his friend.This came out when MPs grilled the President on a numbers of issues
IFP also called on the President to stop SADTU members from running elections, as this compromises the electoral outcome.But the President says the country has constitution which allows people to work anywhere.
NIGERIAN PRESIDENT RESPONDS TO BOMB ATTA
Nigerian president Muhammadu Buhari has extended his condolences to the families of victims of a series of bomb attacks in the north east of the country this week.
On Tuesday night at least 31 people were killed when a blast hit the city of Yola. Hours later a twin suicide bombing killed more than 20 people at a mobile phone market in the town of Kano.
The attackers were females, aged 11 and 18. No-one has claimed responsibility but its suspected that militant Islamist group Boko Haram is behind the attack.
PARIS ATTACK LEADER CONFIRMED DEAD
The Paris attack ringleader has been confirmed dead.
The French prosecutor’s office confirms that Abdel-hamid Abaaoud is the man killed in the raid on St-Denis yesterday. His body has been formally identified, using skin samples.
Abaaoud was initially believed to be in Syria but it became increasingly clear to French investigators that he had managed to return to Europe. He left his home country of Belgium in 2014 to fight with Islamic State but he was known to have been able to return to Europe at least once since.