Rand tumbles most among peers as Zuma seeks to dodge exit calls
13 January, 2018, 05:19 | Author: Brenda Erickson
The rand sank 1.2% to 12.49 per dollar as of 1:07 pm in Johannesburg on Wednesday after Zuma said he will appoint a commission of inquiry into allegations his friends were allowed to influence state decisions.
A scandal erupted after documents leaked to the South African press past year revealed the close ties between his family and the secretive, well-connected Gupta's, who numerous allegations revolve around. It is suspected that kickbacks amounting to US$ 411 million were paid in exchange for state contracts.
Stocks were little changed with South African-listed Steinhoff shares weighing on the market.
President Jacob Zuma has wished the delegation well in the annual meeting which provides an important platform to market and showcase the country to global business and other key worldwide stakeholders. "But this one is specifically about the Gupta family, the president and his son".
The inquiry into state capture - when private interests are able to dictate parts of government policy in accordance with their interests - will be directed by Deputy Chief Justice Raymond Zondo after his recommendation from Chief Justice Mogoeng Mogoeng.
Karni Sena Protests Outside CBFC Office; 96 Arrests Made
The panel comprised four historians from Rajasthan, who Karni Sena claims, advised the CBFC against clearing the film. Starring Deepika Padukone , Ranveer Singh and Shahid Kapoor, Padmavat is all set to be released on 25 January.
"There should be no area of corruption and culprit that should be spared the extent of this commission of inquiry", he added.
Zuma is set to attend the African Peer Review Mechanism / New Partnership for Africa's Development sessions on January 27, in addition to the thirtieth Ordinary Session of the Assembly of the Heads of State and Government of the AU, which is scheduled to take place on January 28 and 29.
The South African Presidency said South Africa and Kenya enjoy very warm bilateral relations underpinned by strong historical and political bonds.
The sources all agreed that it was now a matter of when, and not if, Zuma stepped down. "But better late than never".
The rand has swung between R12.2275 and the upper R12.50s for the first two weeks of the year, pushed and pulled by mostly rumour-fuelled bets of a Zuma resignation before his term ends next year. Now, however, he has been forced into offering it his full support.
Wonder Woman was named best action movie and star Gal Gadot accepted a special award for challenging gender stereotypes. The fantasy thriller was named Best Picture , while Guillermo del Toro picked up the prize for Best Director .
He was incapable of making those plays throwing but was able to use his feet to pick up 88 yards in a sloppy win for the Jaguars . Bortles threw 13 interceptions during the regular season, bringing his four-season National Football League total to 64.
To the editor: The only forces that can control President Donald Trump are the Cabinet and the Republicans in Congress. Bannon and Wolff cease-and-desist letters, citing an alleged breach of a nondisclosure agreement Mr.
Police say a man called 911 on December 22 claiming he had shot his father and was holding his mom and younger brother hostage. He then gave them an address for 28-year-old Andrew Finch, who was shot and killed by an officer when he answered the door.
Darryl Issa, who, perhaps not coincidentally, also announced Wednesday that he would not seek reelection in 2018. A proposed leasing plan unveiled last week aims to open up all USA coasts to drillers over the next five years.
Meanwhile, Canon capitalized on the opportunity to demonstrate their camera's low-light shooting capability. A few wise-guys conjectured that it happened because someone said, " Alexa , turn off the lights".
After ending a near-two decade playoff drought, the Buffalo Bills will be going home after the first weekend of the postseason. That's why we should all be behind this team if you have zero skin in the game.
The headlines from Toronto's 133-99 blowout win over Cleveland were more about the Cavs' struggles than the Raptors' success. In the meantime, the Cavaliers can't just wait for the turnaround to happen, because it has happened so many times before.
The same Sessions who once said he thought the Ku Klux Klan were okay till he found out they smoked pot . That means any kind of marijuana use, even in minuscule amounts, would be prohibited under federal law.
De Bruyne injured, Jesus out for 2 months
Having played for Liverpool and Manchester United, Owen already wasn't a particularly popular figure amongst Man City supporters. Asked about this after scoring in City's 3-1 win over Watford on Tuesday, Aguero told reporters: "I have until 2020, I think".
Detective Pikachu Is Coming To America With A New Amiibo
A new trailer for Detective Pikachu has been made available in Japan and in it, a brand new Detective Pikachu amiibo is revealed. The game features new locations to explore, as well as a colourful cast of both Pokémon and human characters.
Start your New Year with a Mate 10 Pro
The Microsoft Store and other United States retailers will also offer the more expensive Porsche Design HUAWEI Mate 10 next month. Huawei's Washington-based spokesman William Plummer said on Tuesday that " privacy and security are always our first priority".
Flu season at its worst since 2013
The Centers for Disease Control and Prevention and TDH recommend a yearly flu vaccine for everyone aged six months and older. Flu‐like symptoms include: fever , cough, sore throat, runny/stuffy nose, muscle aches, chills and fatigue.
IIP grows by 8%; inflation by 5.2%
Eggs, vegetables and fruits became costlier, while inflation moderated for cereals and pulses. Fed policymakers have pencilled in three rate hikes in 2018 following three past year .
FCA To Invest $1B Into Warren Plant, Create 2500 Jobs
President Trump showered praises on Twitter saying, "More great news as a result of historical Tax Cuts and Reform". And it invested over $1 billion in a Toledo, Ohio plant to handle the completely redesigned 2018 Jeep Wrangler.