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Museveni’s bad oil policy - UGNEWS24
Museveni’s bad oil policy – UGNEWS24
The President has revealed three things about Uganda’s oil sector that are depressing and illuminating
THE LAST WORD | ANDREW M. MWENDA | In his interview with NBS television aired on May 11, President Yoweri Museveni revealed three things about Uganda’s oil sector that were depressing and illuminating. First he said the reason Uganda has not moved fast towards production is because…
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ALERT !! SA LOCKDOWN: RAMAPHOSA TO ADDRESS THE NATION TONIGHT @ 8pm.
The address will be broadcast live on television and radio and will be streamed live on a range of online platforms.
https://ewn.co.za/2020/08/15/sa-lockdown-ramaphosa-to-address-the-nation-tonight
https://www.enca.com/news/president-ramaphosa-update-sa-covid-19-strategy
https://www.news24.com/news24/southafrica/news/coronavirus-all-the-latest-news-about-covid-19-in-south-africa-and-the-world-20200312
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Good Morning, SA
South Africa is yet to make an estimated R500 million payment to an international initiative designed to secure equitable access to Covid-19 vaccines for middle- and low-income countries. We travel to Knysna to speak to residents about the resurgence of Covid-19.
SHELDON MORAIS, ASSISTANT EDITOR: BREAKING NEWS
EXCLUSIVE | Covid-19 vaccine: SA missed first payment window to join COVAX, a global vaccine access initiative
The news: South Africa is yet to make an estimated R500 million payment to an international initiative designed to secure equitable access to Covid-19 vaccines for middle- and low-income countries.
What we know: Head of health regulation and compliance as well as former acting director-general for the Department of Health Dr Anban Pillay confirmed on Wednesday the payment was yet to be made as the department was awaiting a range of approvals from National Treasury.
The impact: News24 has established South Africa missed the deadline of the first payment window and the Solidarity Fund was now expected to step in and make a payment to the COVAX initiative of an estimated R300 million, or 15% of the total envisaged spend.
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Ramaphosa motion of no confidence: ATM's court bid for secret ballot to be heard hours before motion
The story: The ATM's urgent application to have the voting for its motion of no confidence in President Cyril Ramaphosa by secret ballot will be heard this morning, hours before the motion is scheduled.
Unless: The motion will proceed unless it is withdrawn by ATM leader Vuyolwethu Zungula who sponsored the motion.
The background: After the party lodged the motion in February this year, it also asked National Assembly Speaker Thandi Modise that it be voted on by secret ballot. Modise declined, saying it did not provide evidence of "a highly charged atmosphere, intimidation of any member or any demonstrable evidence of threats against the lives of members and their families, which may warrant a secret ballot".
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Knysna, a popular town on the Garden Route, in the midst of Covid-19's second wave
The story: Knysna residents in informal areas have spoken out about the resurgence of Covid-19.
What we heard: They say many in these communities are not practising basic Covid-19 protocols.
What we know: Health officials say hospitals are taking strain, with more beds having to be acquired.
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News for You
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Western Cape lockdown: Winde to announce new Covid-19 interventions
Western Cape Premier Alan Winde has reiterated he is against a blanket lockdown, and is expected to announce the details of "specific" interventions.
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Public Protector removal: Mkhwebane's application for leave to appeal dismissed
The Western Cape High Court has found Public Protector Busisiwe Mkhwebane's application for leave to appeal the court for not halting the National Assembly's removal proceedings against her has no prospects of success.
The best gift we can give this Christmas: Keeping our family and friends safe
A vaccine for Covid-19 may have been found but it will be a long time before we have access to it. This means we should think about keeping our families safe from Covid-19 by not holding the usual festive season celebrations.
MBHAZIMA SHILOWA, COLUMNIST
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News24.com | EXPLAINER | How the ANC and Business SA’s economic recovery plans compare
President Cyril Ramaphosa on Monday said he was encouraged by areas of agreement between business and the ANC’s proposal for an economic recovery.
Ramaphosa said in the coming weeks, the state will work with social partners to finalise a recovery plan.
News24 looked at how the ANC and Business for South Africa’s economic recovery plans compare.
President Cyril Ramaphosa said he is encouraged by the significant areas of agreement between business and the ANC’s proposals for an economic recovery for the country.
LIVE | All the latest coronavirus and lockdown updates
In his weekly newsletter on Monday, Ramaphosa said the Covid-19 pandemic had brought about severe economic damage and joblessness, and the work to recovery, therefore, had to start immediately.
He added the country did not lack plans, but should “speed up the pace of implementation”.
“In the coming weeks, we will work with our social partners to finalise an economic recovery programme that brings together the best of all the various proposals,” Ramaphosa said.
News24 looked at how the ruling ANC’s Reconstruction, Growth And Transformation: Building A New, Inclusive Economy discussion document and Business For South Africa’s A New Inclusive Economic Future for South Africa, both released in July, compare:
On infrastructure-led growth:
ANC: “Infrastructure programmes, including interventions in network industries, should serve as a basis immediately to ignite [an] economic recovery.”
Business for South Africa: “A recurring conclusion across nearly all sectors is that infrastructure is a key enabler which must be addressed with urgency if businesses are to deliver inclusive growth.”
On private funding:
ANC: “The mobilisation of funds for increased investment in infrastructure and key productive sectors will inevitably require a combination of public and private resources.”
Business for South Africa: “Given the current fiscal constraints, it will be necessary to prepare and package [infrastructure projects] so that they are attractive for domestic and foreign capital in order to allow the government to obtain maximum leverage from its limited financial resources.”
On spectrum:
ANC: “Decisive progress will be required in telecommunications reform, including expediting digital migration and spectrum allocation to reduce data costs for households and firms.”
Business for South Africa: “Digital migration, permanent allocation of spectrum, and network sharing” can contribute R15 billion per year in economic growth, and create more than 55 000 jobs per year.
On agriculture:
ANC: “The medium- to long-term focus should revert to a sharper and more concerted effort in addressing structural and fundamental issues that have affected South Africa’s agricultural sector pre-Covid-19.
These include the expansion of primary agriculture, improvement of rural infrastructure, direct incentives targeted at where they are likely to have the greatest impact; greater investment in the sector and strengthening black participation at both farm, inputs, and agro-processing levels of the value chain.”
Business for South Africa: “Cannabis industrialization, which has a wide product use, [and] improved access to finance and enabling infrastructure” which can create 60 000 jobs per year.
On manufacturing:
ANC: “Equally, as many economies are forced to look inward, this presents opportunities to rebuild local industry, strengthen local manufacturing and drive import substitution.”
Business for South Africa: “It is also a necessary condition for attracting investment and establishing a strong manufacturing base in the country along with industries of the future which will enable productivity gains and support exports going forward.”
On energy provision:
ANC: “With regards to Eskom, the agreed restructuring process, unbundling Eskom into generation, transmission and distribution entities, must be implemented in order to ensure competitive electricity prices, universal access, more efficient services and implement a new energy mix to ensure a just energy transition as outlined in the Integrated Resource Plan.”
Business for South Africa: “Address Eskom’s operating capital structure and update the Integrated Resource Plan. Embrace the gas economy and revise IRP gas to power targets.” Business for SA says this can protect 500 000 jobs, and create an additional 88 000 more.
On public transport:
ANC: “An efficient transportation system is a critical component of economic activity. Transport availability can either boost or halt economic growth… Ongoing engagement with the taxi industry, which transports a large portion of commuters, is required with a view to accelerate transformation and genuine empowerment within the industry.”
Business for South Africa: “Others are less evident but equally important, such as the need to establish and/or expand effective public transport, not only to reduce crowding in minibuses but also to lower the cost of transport for the poorest members of society.”
On policy:
ANC: “To lead this process, South Africa’s Presidency should be strengthened to play a decisive role in economic policy co-ordination and, working in close liaison with government’s economic cluster, should closely monitor and manage effective policy execution.”
Business for South Africa: “Absent decisive leadership and action, South Africa will not be able to escape the pernicious effects of policy uncertainty, corruption, lack of accountability, and a lack of capacity which were all evident prior to the crisis.”
On education:
ANC: “Skill the youth in data processing, internet of things, blockchain, and computer education to allow young people to build and operate digital technologies.”
Business for South Africa: “Total factor productivity is low, given the shortfalls in education, which have resulted in the country deriving negative benefits from its young workforce.”
On corruption:
ANC: “There is a need to focus on how public resources are being spent and how they can be better spent to drive inclusive economic expansion. The effectiveness of fiscal resources through non-wastage, elimination of corrupt practices, over-pricing, illicit capital flows and effective collection of taxes is critical.”
Business for South Africa: “Visible steps to improve government effectiveness, to root out corruption and maladministration in society, and to establish eight coherent, stable and constructive policies will restore business confidence, spur innovation, mobilise investment and drive job-rich economic growth.”
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Health News24.com | Gauteng Health MEC denies involvement in PPE procurement corruption
Health
Gauteng Health MEC Dr Bandile Masuku denied experiences that he turn into once fascinated by irregular deepest protective equipment deals.
A Sunday newspaper reported that Masuku and his companion indulge in been linked to an irregular R125 million contract awarded to disputed AmaBhaca king, Madzikane II Thandisizwe Diko.
Masuku talked about those realized guilty of fraud or the misappropriation of funds would face the beefy would possibly per chance presumably of the regulation.
Gauteng Health MEC Dr Bandile Masuku denied claims in experiences on Sunday that he turn into once fascinated by influencing irregular Covid-19-associated procurement processes.
Sunday Just reported that Masuku and his companion, Loyiso Lugayeni-Masuku, indulge in been linked to a R125 million deepest protective equipment (PPE) contract that turn into once allegedly awarded to disputed AmaBhaca king, Madzikane II Thandisizwe Diko.
LIVE | The total most contemporary coronavirus and lockdown updates
This turn into once and not utilizing a doubt seemingly the most transactions reportedly flagged in an audit done by the provincial treasury into the spending of R2 billion on PPE by the Gauteng health division.
The publication did no longer establish any legitimate source confirming the allegation and did no longer elicit a response from Masuku, who reportedly referred all enquiries to departmental spokesperson Kwara Kekana.
Diko is married to President Cyril Ramaphosa’s spokesperson, Khusela Diko. Diko and her husband defend the cash turn into once by no device paid to his firm and the contract turn into once by no device finalised, Sunday Times reported.
The Particular Investigating Unit (SIU), which is segment of a regulation enforcement crew investigating the awarding of Covid-19 tenders by the Gauteng health division, informed Sunday Times its investigators had uncovered 90 firms fascinated by questionable PPE contracts in Gauteng.
Nearly all are owned by politically linked folks.
Prices had reportedly been grossly inflated, above National Treasury brand guidelines place in space to close unjustified brand hikes.
But on Monday, Masuku denied involvement and talked about the allegation turn into once “unsuitable and with none foundation”.
Environment the chronicle straight
“I fee my recognition, that of the division and the Gauteng provincial authorities and, as such, I am obliged to space the chronicle straight,” Masuku talked about in a observation.
The MEC talked about following the emergency procurement processes undertaken since Ramaphosa’s declaration of the nationwide sing of disaster by in mid-March 2020, he requested that the administration of the division ought to see beautiful governance.
“I formally requested a forensic audit into Covid-19 procurement and… [Gauteng] Premier [David Makhura] on account of this truth requested the SIU to undertake this investigation. The SIU investigation commenced in Would possibly well well presumably 2020 and the premier’s space of job will narrate the findings as soon as they turn into available within the market.
“As the originator of the process, I wholly toughen the SIU’s investigation. If proof of corruption is realized at the Gauteng Division of Health, action will be taken, and offenders prosecuted. Those realized guilty of fraud and/or the misappropriation of funds at the division, will face the beefy would possibly per chance presumably of the regulation,” Masuku talked about.
The MEC talked about that, as a member of the manager council, he turn into once no longer fascinated by, nor did he have an effect on the division’s procurement processes.
The processes of awarding contracts inside the division rests fully with the availability chain management unbiased in finance, Masuku talked about.
“All the device in which thru my profession, I indulge in continuously acted with utmost integrity and conviction. I strongly refute any advice that Covid-19 procurement is being extinct as a technique to elevate funds sooner than ANC conferences.
“As MEC for Health in Gauteng, I stay dedicated to guaranteeing that our comprehensive health response is fascinated by saving lives. I will attain every part in my energy to produce positive anyone realized to be stealing cash supposed for Covid-19 relief [is] identified and dropped at e book,” Masuku talked about.
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SA Coronavirus updates:13 new cases identified, make total to 51
The number affected by coronavirus is increasing in South Africa, new 13 people tested positive for Covid-19 bringing total to 51 cases. According to News24, seven new cases were reported in Gauteng, one in KwaZulu-Natal and five in the Western Cape. Currently, all those who have tested positive are people who travelled to other countries before returning South Africa. "Last night the Minister and Deputy Minister of Health held an urgent National Health Council meeting with all the provincial MECs and HODs for Health. The purpose of the meeting was to discuss the latest situational analysis of each province as more Covid-19 cases are being confirmed. "In our engagement, it became clear that the role played by contact tracers is very important and their capacity needs to be strengthened. The NHC agreed that in order to minimise the risk of further spread of the virus, contact tracing must be done within 48 hours," Mkhize said. President Cyril Ramaphosa is set hold an emergency Cabinet meeting on Sunday to discuss strategies to deal with Covid-19 in South Africa and its impact on education and public health. Cabinet will also decide whether to institute travel bans on countries who have not managed to contain their infection rates. Read the full article
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Inactive firm made use of to boost Bosasas prices, state capture questions listens to
The commission of inquiry into state capture on Tuesday heard how the Bosasa group, now known as Global African Operations, used a dormant company to increase its costs and to address the assessed loss of millions of rands, for tax purposes.
This was done through the use of three parties; Tax Risk Management Services (TRM), Miotto Trading and Advisory Holdings and Bosasa.
“I advised Bosasa to make use of TRM. They were concerned because its owner (Daniel Erasmus) was a well-known tax litigator. I was told to contract TRM myself to the benefit of Bosasa,” former Bosasa auditor Peet Venter told the inquiry.
“TRM would then invoice Miotto (dormant company) and they would then invoice Bosasa. I would go to (former chief operations officer) (Angelo) Agrizzi and (former chief financial officer Andries) van Tonder introducing a new invoice to Bosasa, which would depend on the wording dictated to me by Mr Van Tonder,” Venter said.
#StateCaptureInquiry : Venter & Tonder were instructed by Watson to do whatever is possible to ‘maximize the use of the assessed loss by filtering tax exposure’. Adv Molefe asks if anything was untoward about this. Venter says “I don’t think so” @TeamNews24 .
— Canny Maphanga (@CannyMaphanga) March 26, 2019
This comes as the commission of inquiry delves into alleged state capture by shining a light on the Bosasa group which has been embroiled in countless allegations of corruption involving senior government officials.
Venter explained how the group used the dormant company to address the assessed loss by Miotto through issuing invoices to Bosasa at an inflated rate.
Undetectable fraud
“TRM is providing the services, Miotto is not providing any services to Bosasa.
“TRM then invoices Miotto which is invoicing (Bosasa) at a higher inflated rate than TRM for the purposes of a commission which is shared?” advocate Refilwe Molefe asked the witness.
“That is correct,” Venter, who considered himself as the financial manager, said in response.
Venter further explained how an auditor would not be able to pick this up as the payments were documented in the form of an invoice.
READ: Bosasa CEO’s ‘hidden’ R500K donation to Ramaphosa deconstructed
“Would they have checked the business function of Miotto?” Molefe asked.
“No, they would not have as long as they see a payment was made,” Venter responded.
“How does an auditor test if it is fraudulent or not?” Molefe further probed.
“I would not be able to explain that,” Venter replied.
Alleged front for Ramaphosa donation
This process at the company was only in operation for two years. It was later terminated by Venter once Agrizzi left the Bosasa group in December 2016.
#StateCaptureInquiry : Venter says that he terminated Miotto. “It only operated for approximately 2 years or so, I considered myself to be the financial manager of the business,” Venter added @TeamNews24 .
— Canny Maphanga (@CannyMaphanga) March 26, 2019
Miotto is the same company which was used to front the alleged Ramaphosa R500 000 donation towards his presidential campaign leading up to the 54th ANC national elective conference.
Venter, in a sworn statement signed in December 2017, states that Bosasa CEO Gavin Watson told him the funds were for the benefit of Ramaphosa’s son (Andile).
Ramaphosa later revealed during a question and answer session in Parliament that this payment was for his campaign, which he had been unaware of, News24 earlier reported.
The inquiry continues.
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LIVE: The Ramaphosa reshuffle: Who is in Cyril's new cabinet
LIVE: The Ramaphosa reshuffle: Who is in Cyril’s new cabinet
[ad_1]
2018-11-22 14:53
President Cyril Ramaphosa has announced changes to the National Executive at the Union Buildings, Pretoria.
Follow News24 journalists on Twitter for live updates:
– Pieter Du Toit @PieterDuToit
– Matshidiso Madia @tshidi_lee
LIVE NEWS FEED
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News24.com | DEVELOPING: Nation awaits outcome of Zuma, Ramaphosa talks
News24.com | DEVELOPING: Nation awaits outcome of Zuma, Ramaphosa talks
[ad_1] 2018-02-10 09:46 President Jacob Zuma and ANC president Cyril Ramaphosa will “conclude” their discussion on Zuma’s exit as head of state in less than 48 hours, after which the outcome will be announced to the nation, News24 has reliably been told. LIVE NEWS FEED Jump to bottom Last Updated at 09:55 ICYMI: All hell is about to break loose, Zuma’s wife warns President Jacob Zuma’s wife…
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UN prosecutor hails arrest of Rwanda genocide suspect Felicien Kabuga - UGNEWS24
UN prosecutor hails arrest of Rwanda genocide suspect Felicien Kabuga – UGNEWS24
File photos of Kabuga
Rwandan genocide ‘financier’ arrested in France
The Hague, Netherlands | AFP | A top UN prosecutor said on Saturday that the arrest of a key Rwanda genocide fugitive in France showed that suspects would be brought to justice for crimes in the 1994 bloodshed.
“The arrest of Felicien Kabuga today is a reminder that those responsible for genocide can be brought to account,…
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Eddy Kenzo becomes first Ugandan to win YouTube’s Gold Creator Award - UGNEWS24
Eddy Kenzo becomes first Ugandan to win YouTube’s Gold Creator Award – UGNEWS24
Singer Eddy Kenzo has today been awarded with YouTube’s second highest Creator Awards which is the Gold Creator Award given to individuals with 1million+subscribers.
Kenzo is one of the few artistes in Uganda who has made a name on the international level especially due to his huge following on his various social media platforms. This year in April, he became the first Ugandan to hit one million…
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Opinion: Import substitution and the need for well negotiated trade agreements – UGNEWS24 By Jane Nalunga The call for promoting domestic manufacturing through import substitution as a strategy to revive the economy post COVID-19 has been the buzz word.
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E-commerce startup banks on robotics, AI to win consumers - UGNEWS24
E-commerce startup banks on robotics, AI to win consumers – UGNEWS24
California e-commerce startup Home Delivery Service plans for fully robotic warehouses, saying they will be more efficient than centers where automation is added incrementally (AFP Photo/Philippe LOPEZ)
Washington, United States | AFP | Robots will do the shopping at a US startup which is banking on fully automated warehouses for groceries and other merchandise at a time when the pandemic has…
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Lockdown takes toll on seasonal grasshopper business in Masaka - UGNEWS24
Lockdown takes toll on seasonal grasshopper business in Masaka – UGNEWS24
Nsenene vendors say demand of the delicacy is low due to the lockdown
Masaka, Uganda | THE INDEPENDENT | Ongoing restrictions to control the spread of coronavirus disease are hitting the seasonal grasshopper business hard.
The period between April and June is usually received with excitement in the areas of Masaka as hundreds of residents set traps for the grasshoppers in anticipation of…
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Ngamba turns to well-wishers for support to feed chimps as Covid-19 bites – UGNEWS24 As the Coronavirus pandemic continues to ravage the world, the management of Ngamba Island Chimpanzee Sanctuary has appealed to the public and other well-wishers for support to sustain the conservation facility.
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WFP donates Personal Protective Equipment to URA border staff – UGNEWS24 The World Food Program (WFP) has donated to Uganda Revenue Authority(URA) an assortment of PPE (Personal Protection Equipment) gear to help protect the frontline staff who man the borders against COVID-19.
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