Ramaphosa places corruption fight, jobs and the economy at centre of #Sona2018

President Cyril Ramaphosa delivers the State of the Nation Address at the Parliament on 16 February 2018. Picture: AFP

The South African rand rallied in anticipation of President Cyril Ramaphosa maiden State of the Nation Address.

It is currently trading at R11.61 to the dollar, close to a three-year high.

Ramaphosa placed the economy and unemployment at the centre of his speech.

He promised to fix mining and provide policy certainty, fight corruption and speed up land restitution in a manner that will boost agricultural production.

Ramaphosa said Government will change how boards are appointed to state-owned companies, and that non-executive directors would be prevented from taking any part in procurement.


This article first appeared on 702 : Ramaphosa places corruption fight, jobs and the economy at centre of #Sona2018


Recommended

by NEWSROOM AI
Read More
Woolies launches ‘One Small Spoon’ campaign to help end hunger in South Africa

Woolies launches ‘One Small Spoon’ campaign to help end hunger in South Africa

14 million go hungry every day in SA; 33% of food produced ends up in landfills. Bruce Whitfield interviews Zinzi Mgolodela.

Take a look inside BMW South Africa’s high-tech X3 producing factory

Take a look inside BMW South Africa’s high-tech X3 producing factory

The Rosslyn plant makes 15 BMW X3 SUVs per hour for export around the world. Bruce Whitfield interviews BMW SA's, Tim Abbott.

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

Here we go again… The Money Show’s Bruce Whitfield interviews Africa Connected Host Lee Kasumba.

I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

The Money Show’s Bruce Whitfield interviews Madzonga, who claims innocence and that Chairperson Tshifhiwa Matodzi lied to him.

Pick n Pay sells most groceries in 5 years

Pick n Pay sells most groceries in 5 years

Recession? What recession? The Money Show’s Bruce Whitfield interviews Pick n Pay CEO, Richard Brasher.

Idols judge Unathi Nkayi gets intimate - opens up about money, beliefs about it

Idols judge Unathi Nkayi gets intimate - opens up about money, beliefs about it

The Money Show’s Bruce Whitfield interviews Nkayi about her attitude to money (hopes and fears, successes and failures, etc.).

Popular articles
I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

The Money Show’s Bruce Whitfield interviews Madzonga, who claims innocence and that Chairperson Tshifhiwa Matodzi lied to him.

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

Here we go again… The Money Show’s Bruce Whitfield interviews Africa Connected Host Lee Kasumba.

Woolies launches ‘One Small Spoon’ campaign to help end hunger in South Africa

Woolies launches ‘One Small Spoon’ campaign to help end hunger in South Africa

14 million go hungry every day in SA; 33% of food produced ends up in landfills. Bruce Whitfield interviews Zinzi Mgolodela.

Judge Nugent tells Ramaphosa to fire Tom Moyane urgently - reports

Judge Nugent tells Ramaphosa to fire Tom Moyane urgently - reports

The recommendation was apparently made by Nugent in his interim report, seen by TimesLive, submitted to Ramaphosa two weeks ago.

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

Some of the women who used these tests shared their heartbreaking stories with Business Insider Online.

Tax payers could go back to filing returns manually if Sars system not fixed

Tax payers could go back to filing returns manually if Sars system not fixed

Marc Sevitz of Tax Tim says it is scary to think the system might collapse and taxpayers will have to file manually.

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.

Let your nose decide if docci claims into perfume industry are true

Let your nose decide if docci claims into perfume industry are true

Claims have been made that the perfume industry don't want consumers to know the real cost of making these products.