• 'I'm not poor, but I'm broke,' DJ Sbu on how MoFaya took toll on his pocket

    Thousands of unemployed Zimbabwe graduates could soon find themselves with first jobs in South Sudan but there's just one catch: President Robert Mugabe's government is thinking of taking 25 percent of their salaries.

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  • Pravin utters P-word

    Finance Minister Pravin Gordhan is said to believe there would be huge interest if a 49% stake in the parastatal was offered to the private sector. In a meeting last week of ANC leaders and government officials, he argued for a sale. His proposal has put him in conflict with Eskom boss Brian Molefe, who has begun turning the utility around, a person with knowledge of the discussion said. The minister suggested private shareholders be able to buy as much as 49%, said the insider who did not want to be named. Molefe disagreed, said the insider. The proposal follows Gordhan's recent meeting with business investors and comes ahead of a meeting this week between President Jacob Zuma and big business.

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  • It was proper for me to resign

    Former finance minister Nhlanhla Nene said, on Saturday, he felt it was “proper” for him to resign as an ANC MP. This following his name being put forward to head the African Regional Centre of the New Development Bank/Brics bank. “Yes, I resigned last year,” he confirmed. “In line with my removal [and being nominated for the Brics bank position] I felt it would be the proper thing to do.” While he resigned in December, his resignation was processed only last month. After Nene’s sacking as finance minister, President Jacob Zuma said the "urgency of the changes in the leadership of the National Treasury" was because nominations needed to be sent to Shanghai in terms of the head of the African

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  • Zuma in a bind over EFF proposal

    A COUNTER-proposal made to President Jacob Zuma on Thursday by the Economic Freedom Fighters (EFF) on paying back the money for Nkandla, has put Mr Zuma in a tight spot. The EFF wants Mr Zuma to accept he has breached the Constitution and his oath of office. The alternative proposal filed in court was in response to Mr Zuma’s climbdown on Tuesday to paying back the money. If Mr Zuma were to agree to this order, it would be an unprecedented concession.

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  • DJ Sbu takes to the streets to raise funds for students

    The entrepreneur says he sold nearly 240 energy drinks in no less than two hours on Thursday. Sbusiso Leope JOHANNESBURG – Entrepreneur and DJ Sibusiso Leope has been trending for all the right reasons. This time after taking to the streets of Johannesburg to promote a benefit concert that will see him raise funds for his education foundation, SLEF, on Sunday. The businessman says he sold at least 240 cans of his energy drink, Mofaya, yesterday. The drink was introduced last year in order to support the programme, which has helped a number of matriculants access higher education institutions over the years.   A video posted by SLEFBenefitConcert (@sbuleope) on Feb 3, 2016 at 8:10am PST He says

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  • Zimbabwe graduates can find jobs abroad

    The official Chronicle newspaper reported on Thursday that South Sudan wanted "20,000 graduates to work in different fields in the North African country." With high levels of unemployment in Zimbabwe, Mugabe's government last year announced a scheme to export graduates to countries including South Sudan, Botswana, Angola and Namibia, according to a report in the Herald of June 2015. The scheme was aimed at promoting "brain circulation" on the African continent, officials said then. They conceded that there would be a financial benefit to Zimbabwe's government. Now the authorities are debating whether to make exported workers send back 25 percent of their salaries to their families "or deposit

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  • Zuma drags ANC 'into a dark hole'

    Yesterday ANC members spoke openly of being ''embarrassed'' and ''pained'' by the president after he was forced into a second dramatic climbdown in two months - this time over Nkandla. Two years after denying liability for the splurging of millions in taxpayers' money on his private KwaZulu-Natal homestead, Zuma announced late on Tuesday that he had written to the Constitutional Court proposing to repay some of the money in line with the recommendations of Public Protector Thuli Madonsela. The U-turn came just days before the court was due to decide whether he should foot a portion of the bill for supposed security upgrades, including a swimming pool described as a fire-fighting facility, a chicken run and a cattle kraal, which Madonsela found were undue benefits. It followed years of political fallout during which an ANC-dominated parliamentary committee and the police minister controversially absolved Zuma of liability.

    Times LIVE q
  • Malema gets taste buds going with ‘derogatory’ curry quip

    Economic Freedom Fighters leader Julius Malema’s reference to a curry is taking flak for ethnic stereotyping – while stirring up recommendations on where to find the best plate of the spicy dish‚ as South Africans mockingly put a positive spin on it. “We’re not going to allow a South Africa that is sold over a plate of curry‚” Malema said at a press briefing at the EFF headquarters in Johannesburg on Thursday‚ in a reference to the perceived political influence being wielded by the Gupta family. Back in 2013‚ Malema said: “Zuma sold SA out for a plate of curry”. On Twitter‚ @MiaMthombeni said: “The #Guptas are not my fav but #Malema saying SA will not be bought with plate of curry and they must leave SA is disrespectful.

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  • Mariah Carey rules out kids with James Packer

    Mariah Carey is adamant she and her fiancé James Packer won't be having any children together after they get hitched because her four-year-old twins will get ''jealous.'' The 'Hero' hitmaker and her billionaire beau may be heading down the aisle soon following their engagement last month, but she's adamant they won't be adding any little ones to their brood as it won't be fair on the blonde beauty's four-year-old twins Moroccan and Monroe, whom she has with her ex-husband Nick Cannon. Asked if she and James will be having any kids together, Mariah replied: ''No, those [Moroccan and Monroe] are my two babies and I think they will get too jealous.'' And, in order to prevent too much disruption

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  • Zuma vs two angry cops

    Yesterday, suspended national police commissioner Riah Phiyega - reacting to recommendations by the Independent Police Investigative Directorate that she be criminally charged - made it clear she will not go down without a fight. Her refusal to accept either a golden handshake or to resign, follows on action by her predecessor, Bheki Cele, who is still fighting Zuma's decision to fire him in 2012. The Times has been reliably informed that Cele's matter is still before court and that settlement negotiations have been under way since late 2013. The negotiations, which include Cele's demand that the board of inquiry report into his fitness to hold office be set aside, began after Zuma realised none

    Times LIVE q
  • The biggest losers in the Nkandla saga

    Police Minister Nathi Nhleko has come out as the biggest loser in the Nkandla debacle. Former ANC chief whip Mathole Motshekga and Public Works Minister Thulas Nxesi also have egg on their faces due to the saga. The three led the pack in arguing that President Jacob Zuma should not pay for the upgrades at Nkandla. But Zuma's proposal to pay has left his defenders in a corner. While the ANC and Cosatu welcomed Zuma's announcement to pay back some money spent on non-security upgrades at his private home, opposition parties still want him to appear before court. Cosatu said in a statement Zuma's proposal would bring an end to the drawn-out controversy regarding the public protector's report on Nkandla.

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  • Eskom's coal now supplied by the Guptas

    Eskom Holdings did not renew Exxaro's contract to supply Arnot from a nearby mine at the end of December because, it said, the prices were too high. Arnot was supplying 20% of the 2000MW power station's coal needs, Eskom said. Optimum Coal, the mine now supplying Arnot, is being acquired by a company controlled by the Guptas after the operation, formerly owned by Glencore, was placed under administration because Eskom would not relax the terms of a contract for the supply of coal to its Hendrina power station. Glencore said the mine had become loss-making because of Eskom's stance. Tegeta, which is buying Optimum, is owned by the Gupta family's Oakbay Resources & Energy. Tegeta official Jacques

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  • Zimbabwe imposes value added tax on nearly 40 imported basic foods

    THE Zimbabwean government has widened its tax bracket to include value added tax (VAT) on nearly 40 imported basic food commodities, as the country’s revenue performance continues to disappoint. With revenue for the year ended December 31 2015 coming in 3% lower than in the prior year, the Zimbabwean authorities are looking for all avenues that can boost revenue collection in 2016. In the January 22 Government Gazette, Finance Minister Patrick Chinamasa amended section 78 of the VAT Act by repealing clauses that until now allowed the imported food commodities to be taxed at zero rate. The tax is effective from February 1. Earlier this year the Zimbabwean government revised downwards the travellers’

    Business Day Live q
  • Nigeria: TB Joshua, Others Must Face Justice, LASG Insists

    The Lagos State Government on Thursday said the Registered Trustees of Synagogue Church of All Nations (SCOAN) and two other persons must face justice over a six-storey building that collapsed within the church premises on September 12, 2014. The state government added that the verdict of a Coroner's Court it set up to investigate the cause and circumstance that culminated in the death of 116 persons in the collapsed six-storey building should be adopted and upheld. The state Attorney-General and Commissioner for Justice, Mr. Kazeem Adeniji, in a statement yesterday, provided reasons to prosecute those who were indicted by the Coroner's Court, over which Magistrate Oyetade Komolafe presided.

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  • Trump Is Going To The Next Fox Debate Hosted By Megyn Kelly

    “No, I’ll be there,” Trump told the Steve Malzberg Show on Friday. Trump also claimed — somewhat questionably — that his last absence from the Iowa debate hosted by Fox News had nothing to do with Kelly. “That had nothing to do with Megyn Kelly, the fact that I went out of the last one,” Trump stated. “It had to do with a memo that was sent out by Fox that was a little bit taunting and I said it was inappropriate.

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  • Maties students embroiled in another 'blackface' incident

    In 2014, the institution had a similar incident involving two male students. Stellenbosch University White girls dress up with black faces Black face CAPE TOWN - Stellenbosch University is investigating two of its students after they attended a residence party smeared in what appears to be black paint. A photo of the women - most of their bodies covered in the paint - has been circulating on social media and has caused outrage. In 2014, the institution had a similar incident in which two male students attended a birthday party in blackface and dressed as tennis stars Venus and Serena Williams. In that incident, the university did not take disciplinary action against the students. Stellenbosch

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  • Nkandla investigation 'manipulated' to protect Zuma: report

    In its report, Netwerk24 quoted three independent sources with direct knowledge of the Special Investigating Unit’s (SIU) probe into Nkandla who claimed the final report was “sanitised” to protect Zuma. The Afrikaans digital publication has now applied to the North Gauteng High Court to obtain all the SIU’s draft Nkandla reports. According to a sworn statement by Netwerk24 editor, Adriaan Basson, he was informed by credible sources in 2015 that the final SIU report, which effectively cleared Zuma of all blame, was sanitised to remove all evidence that implicated him in the "prestige project". “I was informed that the evidence in this regard contains incontrovertible evidence that contradicts

    Times LIVE q
  • Cosatu: Gupta influence on govt a serious concern

    Media reports claim the Guptas stand to benefit from a deal with state-owned arms manufacturer Denel. Cosatu Gupta Gupta family Guptagate The Congress of South African Trade Unions Cosatu JOHANNESBURG – As fresh controversy emerges around the Gupta family this morning, the Congress of South African Trade Unions (Cosatu) is warning that their influence on government is a serious concern. But the trade union federation denies it raised their relationship with the Zuma family at a recent African National Congress (ANC) meeting. The Mail & Guardian is this morning reporting that the Guptas stand to benefit from a lucrative deal with state-owned arms manufacturer Denel, which recently expanded into

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  • Zimbabwe: Tsvangirai and Biti in Talks

    In what could be a make-or-break attempt to dislodge President Robert Mugabe in the forthcoming harmonised elections in 2018, MDC-T leader Morgan Tsvangirai has sent emissaries to People Democratic Party (PDP) president Tendai Biti to initiate talks that could lead to the formation of a coalition of opposition parties ahead of the 2018 polls, Zimbabwe Independent has learnt. This comes at a time former vice-president Joice Mujuru's movement, People First (PF), is keen to have Biti as a senior advisor. Biti has also been tasked with negotiating with Mujuru on behalf of other opposition parties once she launches her party. Critics say divisions in the opposition have been an Achilles Heel in pushing

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  • Sturridge set to quit Anfield

    London - Daniel Sturridge is ready to quit Liverpool this summer over his fury at criticism questioning his desire to play for the club. Manager Jurgen Klopp has spoken publicly of his frustrations over Sturridge’s fitness and several former Anfield stars have intimated it is time for the club to sign a replacement. Sturridge is fed up at a growing perception that he lacks the hunger to fulfil his potential and believes a clean break is required this summer. The 26-year-old still has two-and-a-half years to run on his £150 000-per-week contract, meaning Liverpool are likely to demand a high price. He has the qualities of a £60million striker, but his fitness record means he is likely to be valued

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