The Central Energy Fund (CEF) faces financial ruin when Energy Minister Mmamoloko Kubayi hands the state’s mining company, African Exploration Mining and Finance Corporation, to the department of mineral resources. This will take place in the few months left of this financial year. Sources in the department have told the Mail & Guardian it will..
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As he launches the African Regional Centre of the New Development Bank (NDB) in Sandton on Thursday, nearly 18 months behind schedule, Jacob Zuma must have mixed feelings. Strife-riven Brazil, Russia, India and China are more risky allies than Zuma reckoned when in 2010 he accepted Beijing’s invitation to join the club. “I was poisoned..
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The government is planning a “constitutional revolution” to fast-track land reform, including considering expropriation without compensation. The ruling party also wants land reform to include restitution for “precolonial dispossession” before the 1913 Native Land Act came into force, and a cap on the amount of land an individual can own. With most South African land..
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