Progress In International Economic Governance

Economic News TodayThe Bangko Sentral ng Pilipinas slashed yesterday the quantity of the time period deposit public sale facility for the primary time because it was launched in June final year as a part of the shift to the rate of interest corridor framework.

Inequality and poverty is why the usage of R246 million ($25 million) of taxpayers’ money on the personal homestead of President Jacob Zuma (Nkandla), handed off as security upgrades, struck such a uncooked nerve among the many populace. An investigation by the Public Protector Thuli Madonsela recommended that the president pay again a portion for non-safety upgrades, valued at R20 million ($1.9 million). However, the president has refused to admit legal responsibility and will not pay again the moneyā€¯ – a mantra that has become the EFF’s rallying call in every parliamentary session, however one which has additionally reverberated across the country.

This is happening as I speak …

Progress In International Economic Governance

Economic News TodayAug 10, 2017 (LBO) – The Cabinet has accepted the appointment of Mano Tittawella as senior adviser to the minister of finance and media.

Electricity which too is being rationed, is one other aspect which is not really talked about a lot, nevertheless it affects thousands and thousands of poor people in South Africa. Some of the electricity in South Africa is offered to North Africa, which has issues of lack of electrical energy, Some of it is offered for a tune – four cents per kilowatt hour to the Big mega-firms; worse, some water, especially the water in our aquifers and underground rivers is being redirected to the burgeoning Coal mines and gold firms sprouting along the large Rivers in Mzantsi. What this has done, this has begun creating barren dry lands above-floor the place these rivers use to flow underground, and the depletion of the aquifers, are all …