SOUTH AFRICA
KPMG’s report played a crucial part in the conspiracy by crooked business interests and corrupt politicians to take control of financial institutions in order to pave the way for the looting of state resources. saftu.org.za/
The Special Economic Zone has at least eight projects in the pipeline worth more than R40bn, including a power plant, steel plant, stainless steel plant, coking plant, ferrochrome plant, ferromanganese plant, ferrosilicon plant, pig iron metallurgy plant, and lime facility. businesslive.co.za/
Among 154 countries surveyed by the World Bank, the country has the highest (meaning worst) Gini coefficient, a measure of inequality. That is probably not quite right: it is hard to believe that Angola, a kleptocratic petro-state, is really more egalitarian. economist.com/
Results from an econometric model attempts to tackle this question and shows that, overall, immigrants probably create jobs for South Africans. groundup.org.za/
Ona Dubula, the 14-year-old boy shot in the mouth by police during a protest in Hout Bay last week, left hospital on Tuesday morning and returned home to Imizamo Yethu with his mother. groundup.org.za/ |