Frontline Africa Advisory

Weekly Political and Economic Review 22 February 2019

1. 2019 Budget Speech 

– On Wednesday the 20th of February 2019 Finance Minister Tito Mboweni delivered his maiden Budget Speech;
– He announced that government had set aside R69 Billion for the next 3 years to support Eskom;
– Denel was granted a R1 billion Guarantee; 
– SAA’s guaranteed debt was increased by R6,2 Billion;
– Mboweni pointed out that all financial support to SOE’s would be conditional on the appointment of a Chief Reorganisation Officer (CRO) to be appointed jointly by the Department of Finance and the Department of Public Enterprises;
– The following measures were also announced:

1.2 Towards Improving the Education System and Skills Development 
R30 billion was allocated to building new schools and maintaining school infrastructure. R28 billion was added to the School Infrastructure Backlogs Grant. Government committed to spending R111.2 billion to fund higher education and training for deserving student coming from poor and working-class families,

1.3 Towards Improving the Living Conditions of the Poor:
Government allocated R567 billion for social grants. In the health sector, R2.8 billion was reprioritised for filling public health sector vacancies via a ring-fenced grant which can only be used for the set purpose. R319 million was allocated to eliminate malaria in SA,

1.4 Access to Housing
950 million was allocated to the “Our Help to Buy” subsidy, which seeks to help first time home buyers to purchase homes,

1.5 Economic Infrastructure
R3.5 billion was allocated to the South African National Road Agency Limited to improve non-toll roads,

1.6 Combating Crime and Corruption
National Treasury and Department of Justice will work swiftly to support the establishment of the new Investigative Directorate in the NPA, No funds have been allocated to this function as yet. 

1.7 Strengthening the Capacity and Capability of the State
National Treasury will lead a process to  encourage payment for public goods, especially by Municipalities and government entities who owe Eskom and billions. National Departments will also be leaned upon to service their municipal bills to ease the burden on these entities. 

2. Political Party Reactions to the Budget Speech
  2.1 DA leader Mmusi Maimane said Mboweni “minced his words” about SOE’s by saying we should decide what we’re going to do with these as if he is not part of the government. Mr Maimane expressed his disappointment at what he regards as a lack of a plan by government to grow the economy and deliver jobs for the people;

2.2. EFF leader Julius Malema slammed Mboweni for raising the Child Support Grant by R10. Malema also felt that government could have lowered the VAT rate back to 14% after it was hiked last year;

2.3 The ANC welcomed government’s plans to dispose of assets owned by SOEs that are not core to their business operations, and said the budget would stimulate the economy, as would government spending on public infrastructure would continue.

3. Update on SA Priority Bills

– Finance Minister Tito Mboweni, tabled the following Bills in Parliament ;

1. Division of Revenue Bill;
2. Appropriation Bill;
3. Public Audit Excess Fee Bill;

4. Commissions of Inquiry 

4.1 State Capture Commission of Inquiry:


4.1.1 On 18 February 2019 former Treasury Director-General Fuzile Lundisa gave testimony at the State Capture Commission;

4.1.2 Fuzile told the Commission that the frequent change of Ministers at Treasury during former President Jacob Zuma’s tenure affected the functioning of the organisation;

4.1.3 Fuzile told the Commission that if Former President Jacob Zuma’s proposed ‘nuclear deal’ had gone through, government would have breached the expenditure ceiling it set for itself;  

4.2 Mokgoro Inquiry: Advocate Lawrence Mrwebi’s Testimony


4.2.1 On  the 19th February 2019 suspended Special Director of Public Prosecutions Advocate Lawrence Mrwebi responded to his detractors and accusers after taking the stand for the first time at the Mokgoro inquiry;

4.2.2 Mrwebi painted himself as a victim when questioned about his involvement in the trial of former Police Commissioner Jackie Selebi and his withdrawal of charges against former Crime Intelligence boss Richard Mdluli;

4.2.3 He rejected claims that he helped Selebi escape prosecution and denied claims that he protected Mdluli;

4.2.4 He argued that his difficulties in the National Prosecuting Authority started in 2004 when he reported abuse of the Scorpion’s slush fund.  

4.3 Advocate Nomgcobo Jiba’s Testimony

  4.3.1 On 21 February 2019, Deputy Prosecutions Head Advocate Nomgcobo Jiba took stand to give testimony about  her role in the arrest of Prosecutor Gerrie Nel, the Richard Mdluli matter as well as the application for her to be struck from the Roll of Advocates;

4.3.2 In response to the accusation against her for authorising the racketeering case against former KwaZulu-Natal Hawks Head Johan Booysen, Jiba insisted that there was enough evidence to support the racketeering case against Booysen;

4.3.3 She also denied being paid any money by Angelo Agrizzi, Linda Mti, and Gavin Watson from Bosasa;

4.3.4 She stated that she knew General Mdluli as an ordinary police officer, and that her co-operation with him in the case against Gerrie Nel was part of a legitimate police investigation.

5. Political Party Manifestos

5.1 The United Democratic Movement (UDM) launched its 2019 Elections Manifesto in Port Elizabeth on the 16 February 2019. The UDM promised the following:
– Introduce a better healthcare system linked to other social government clusters like social welfare, water and sanitation;

– Make additional funding available to ensure that every school has the required learning resources, delivered on time,

– Reopen teacher training colleges and impose national standards for teachers to provide the highest level of professionalism,

– Bring back school inspectors to deal with erratic attendance by pupils and teachers,
– Professionalise the criminal justice system, and

– Launch a massive initiative focusing on job creation through infrastructure maintenance and development.

 5.2 The African Christian Democratic Party (ACDP) also launched its election manifesto in the Western Cape on Saturday;

– The party will run its election campaign under the “Unite, Build and Grow”

– Crime, education, unemployment and economic growth are the focus of their manifesto;

– Reverend Kenneth Meshoe, stressed that with a Godly government in power, criminals would fear the law;

– Prayer and scriptures would be restored in the schools;

– Reverend Meshoe stressed that their party would ensure an education system and syllabus similar that provided by both Cambridge University and Zimbabwe.

6. North West ANC Peace Broker

6.1 ANC President Cyril Ramaphosa has taken it upon himself to help bring about unity and stability in the embattled North West province;

6.2 ANC acting Spokesperson Dakota Legoete confirmed that Ramaphosa would be part of a Rapid Response Team established two weeks ago, which includes National Executive Committee members Dr. Nkosazana Dlamini-Zuma, Mr. Sdumo Dlamini and and Ms Jessie Duarte;

6.3 He went on to add that the North West ANC was one of the party’s problem areas and that Ramaphosa would be able to use his experience as a skilled negotiator and mediator to assist to bring about stability.

7. President Ramaphosa’s Address of the House of Traditional Leaders

7.1 Addressing the opening of the National House of Traditional Leaders in Parliament on Tuesday the 19th February 2019, President Ramaphosa celebrated Traditional Leaders;

7.2 He referred to them as an important part of society;

7.3 Ramaphosa acknowledged Traditional Leadership as a constant reminder of who we are as a diverse country;

7.4 He further acknowledged the significant role that Traditional Leaders could play in the economic development of South Africa;

7.5 He mentioned that the Customary Initiation Bill signed into law was the first step in the eradication of initiate deaths.  

8. Bosasa Files for Liquidation

8.1 On 18 February 2019, African Global Operations, formerly Bosasa Operations, announced that it was filing for voluntary liquidation following the closure of its bank accounts;

8.2 The Company’s main bankers closed its accounts due to heightened reputational risk following the testimony of Angelo Agrizzi at the  Zondo Commission of inquiry into allegations of state capture;

8.3 The union representing Bosasa workers was shocked by the liquidation. It has requested a meeting with Bosasa’s management to find out what will happen to the employees;

8.4 The DA welcomed Bosasa’s voluntary liquidation and hoped this would be accompanied by a plan to recoup the billions stolen from taxpayers by the Bosasa;

8.5 The ANC called for the banks to keep the accounts of Bosasa open to allow employees to receive their salaries.

9. MP’s Vote to Dissolve the National Assembly


9.1 In a unanimous vote, the National Assembly adopted a motion to dissolve the Parliament  in terms of Section 50 (1) of the Constitution on Thursday the 21 February 2019;

9.2 The dissolution comes before the expiry of its term on May 20, 2019;
9.3 South Africans have until the close of business on Tuesday 26 February 2019 to register to vote.

ELECTION WATCH

ANC’s South Africa’s Most Trusted Political Party
https://afric.online/8351-what-worries-south-africans-and-who-should-be-in-charge/ /

 
AFRICA WATCH    
Senegal election 2019: What the youth say they want from their President?
www.bbc.com/news/av/world-africa-47312268/senegal-election-2019-what-do-youth-want-from-their-president /
 
Zimbabwe’s new currency: the ‘RTGS dollar
https://mg.co.za/article/2019-02-20-zimbabwes-new-currency-the-rtgs-dollar/
 
Nigeria Election: Nigeria petroleum group cuts petrol price to encourage people to travel to vote 
https://af.reuters.com/article/topNews/idAFKCN1Q91TZ-OZATP?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FAFRICATopNews+%28News+%2F+AFRICA+%2F+Top+News%29
 
           


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  146. No todos los calentadores tienen este regulador a la vista, hay algunos en los que el regulador viene en el interior del calentador y es necesaria la intervención de un técnico especializado en la reparacion calentadores para poder regularlo de forma segura. Contacte con los profesionales del sector para más información y no deje que un pequeño incremento en el precio inicial de su instalación le prive de un ahorro muy significativo a largo plazo. Todos los termómetros de Madrid están que echan humo, la temperatura no había sido tan elevada desde hace cerca de 30 años.

  147. Encuentra una selección de los mejores hoteles en Madrid a los mejores precios. Una tienda En línea de recambios de electrodomésticos INDESIT se halla libre a fin de que pueda lograr arreglar su electrodoméstico en caso que no quiera llamar a su servicio técnico oficial. Solamente debe localizar su modelo exacto y podrá visualizar todos y cada uno de ellos de los repuestos de su electrodoméstico. Operarios especializados le proponen la reparación de cualquier electrodoméstico Bosch, tanto en empresas de hostelería como en viviendas particulares.

  148. La meta de nuestra empresa es lograr y conservar su confianza, por ello, nuestro SERVICIO TÉCNICO ESPECIALISTA EN Lavadoras Bosch garantiza transparencia y lealtad hacia usted. Nuestro cometido es que usted se despreocupe de la reparación de su Lavadoras Bosch y su factura desde el momento que se pone en contacto con nosotros. Somos especialistas en Lavadoras Bosch, nuestra filosofía es: economía, rapidez, franqueza y profesionalidad porque ofrecemos y garantizamos confianza a nuestros clientes a la hora de abrir la puerta de su hogar a un técnico. Lavadoras, Lavavajillas, Secadoras, Calentadores, Neveras, termos, Frigoríficos.

  149. El ejemplo y servicio que aportaron al mundo los rusos y otras nacionalidades durante estos acontecimientos terribles, sirvieron para que el mundo avanzara en el camino de la prosperidad y el bien de los desposeídos en el planeta. La troika (CE, BCE y FMI) ha presentado al Gobierno de Chipre una nueva propuesta con recortes de 1.200 millones de euros a cambio de asistencia financiera, en vez de los 975 millones de ajustes solicitados a Nicosia el pasado agosto, informó hoy la prensa local. El paro coincide con la huelga indefinida que anunció la asamblea de la Asociación de Facultativos Especialistas de Madrid (Afem) a partir del próximo 2 de noviembre.

  150. Se ha puesto a disposición del público interesado un teléfono de información general de la exposición: 92 99 73. Esta atención telefónica estará funcionando de lunes a domingo de 9:00 a 21:00 horas. Esta serie que Sorolla empezó a esbozar en 11 quedó concluida en 19 y su ejecución llevó al artista a viajar por toda España pintando y tomando apuntes durante los ocho años que duró la creación del trabajo. El resultado es una de las muestras de mejor colorido de Sorolla, presente tanto en las combinaciones de los trajes como en las bandas del paisaje que sirve como fondo. Para su” Castilla, el pintor tomó los modelos al natural pero terminó la composición en su estudio de Madrid.

  151. Los vehiculos de alquiler que ofrecemos forman una parte de las flotas de las principales empresas de alquiler de vehiculos con las que gracias a nuestro gran volumen de negocio podemos acordar unas excelentes condiciones y precios para poder ofrecer a nuestros clientes del servicio coches de alquiler asequibles en Lanzarote Aeropuerto con todas las garantias y servicios de las grandes empresas del campo rent a car.

  152. Lavadoras segun su tipo: Reparacion Lavadoras tipo tambor MADRID, lavadoras tipo agitador, lavadoras tipo impulsor. Lavadoras segun su operacion: Reparacion Lavadoras manuales, Reparacion lavadoras automaticas y reparacion de lavadoras semiautomaticas en todo MADRID. Las Lavadoras de Carga Frontal MADRID, son las que encontramos normalmente en las viviendas, ofrecen el mejor rendimiento y consumen menos agua y energia. Le realizamos trabajos de instalacion, reparacion y mantenimiento de su electrodomestico. Las reparaciones se realizan en el mismo día del aviso, somos una empresa de reparacion de lavadoras en Madrid.

  153. Sólo tienes que acceder a /. En esta web también podrás solicitar una ampliación de garantía de los 2 años habituales hasta 5 años, registrar tu electrodoméstico localizar el servicio técnico más próximo a tu domicilio si lo que deseas es adquirir algún recambio personalmente. Sus reparaciones tienen una garantía de 2 años y, en caso de que tu electrodoméstico ya haya pasado su propia garantía y debas abonar el costo del trabajo, podrás hacerlo con tarjeta con toda tranquilidad.

  154. Somos una empresa que repara electrodomésticos en Madrid conformada por un equipo de técnicos. Contamos con más de 15 años de experiencia en la reparacion de toda clase de electrodomésticos, ofrecemos a nuestros clientes atención inmediata como servicio técnico de electrodomésticos BALAY en Carabanchel. Nuestro servicio técnico BALAY Carabanchel, está compuesto por un equipo de técnicos especializados en la reparación de la BALAY, además de reparar todas las BALAY.

  155. Si por el contrario lo que usted necesita es instalar, cambiar hacer una reparacion calentador Junkers en Legazpi , pongase en contacto con nosotros y uno de nuestros tecnicos le aconsejara

  156. El Servicio de emergencia se prestará prioritariamente dentro de la respectiva zona de influencia determinada por el centro de venta al que pertenezca el grupo de Técnicos asignados. Teniendo en cuenta que el Servicio de emergencia es una actividad a prestar al cliente, los Técnicos implicados en este Servicio serán determinados por las Jefaturas sobre la base de los conocimientos técnicos de sus integrantes y la implicación habitual en los clientes instalaciones que conduzca a una mayor efectividad de este Servicio. La Empresa facilitará la formación necesaria a sus integrantes con objeto de garantizar la mayor calidad y efectividad de este Servicio.

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  159. Las piezas de repuesto solo deben sustituirse en un Servicio Técnico de Bosch en un Servicio Técnico autorizado. Llama al teléfono del Servicio Posventa que aparece en el manual de instrucciones si tiene problemas con el electrodoméstico.

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  161. Más de 20 años nos avalan y miles de clientes de en toda la Comunidad de Madrid han depositado su confianza en nuestro servicio técnico que se desplaza de forma gratuita a cualquier casa, chalet residencia para efectuar una reparación para evitar un gasto mayor. Nuestro objetivo es que el cliente quede satisfecho con la reparación arreglo (de Frigoríficos, Lavadoras, Neveras, Lavavajillas, Campanas, Secadoras, Persianas) y satisfacer con la máxima garantía a los clientes. Nuestro Lema es el buen trabajo y seguimos día a día para lograr que nuestra asistencia técnica low cost sea la más usada en Madrid Comunidad de Madrid. Por si esto fuera poco, estamos cerca de su casa, en Madrid y comunidad autónoma.

  162. Importante entidad de salud requiere profesional en carreras administrativas con experiencia mínima de 2 años en administración y verificación la facturación de los servicios de consulta externa en los procesos ambulatorios, con conocimientos en normatividad vigente, manejo de personal. Importante empresa del sector salud requiere Técnico en contabilidad y/ carreras administrativas con experiencia mínima de 2 años en recaudo de cheque y/ efectivo, elaboración de recibos de caja, abonos, verificación del valor de los copagos.

  163. Con más de 15 años como servicio técnico, ofrece un servicio de reparación de neveras en tenerife a domicilio, para que usted se moleste lo menos posible y puda tener su nevera reparada con todas las Garantías que le ofrece nuestro Servicio Técnico. Nuestro Técnico profesional, dispone de lo necesario para toda clase de reparación de congeladores mantenedores. La actividad de las llamadas aeronaves de segunda línea” por lo general es poco conocida.

  164. Todo esto a modo muy general entra en juego para estimar la potencia del equipo (Watts, BTU, frigorías, calorías calor sensible como quiera llamarlo, dependiendo de su formación técnica). Creo que Ud. trata de decir que es técnico en AA y en instalaciones de equipos de sonido, …lo felicito por sus estudios y habilidades. Hola, en cuanto al tema del precio, no te puedo decir mucho, dependerá de la localización de la fuga y lo fácil difícil que sea repararla.

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