Businesses say the government’s latest social compact asks too much; steady rise in the number of squatters in South Africa; the extradition application for the Guptas has been sent; the ANC is waging a proxy war using the step-aside rule as a battle line.
Business groups in South Africa are set to reject a social compact and framework from the government, which asks them to commit to investment and employment targets while restricting retrenchment – in return, the government promises to cut red tape, improve the economy, and mop up state-owned companies. Business groups say that the ask crosses many red lines and involves decisions informed by management and the business environment.
The brothers, Atul and Ajay Gupta are wanted on charges of fraud and corruption related to the R29 million Nulane investment scam and the Estina dairy farm scam. The brothers were denied bail in the UAE and remain behind bars while the extradition process plays out. [The ANC is entering a proxy war by policy as president Cyril Ramaphosa’s opponents draw battle lines at the party’s step-aside rule.
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