Daily Archives: June 27, 2017

Bank of America Merrill Lynch Is No. 1 on Institutional Investor’s EMEA Research Team Ranking of the Region’s Best-Sell Side Analysts

For a fifth consecutive year, Bank of America Merrill Lynch claims the top position on Institutional Investor’s EMEA Research Team Survey NEW YORK, June 27, 2017 (GLOBE NEWSWIRE) — Bank of America Merrill Lynch once again, seizes first place on the Emerging Europe, Middle East & Africa Research Team, Institutional Investor‘s exclusive annual ranking of […]

Zimbabwe Churches Mount Campaign for Violence-free Polls

HARARE � Churches in Zimbabwe have launched a campaign to promote tolerance and peace as the country prepares for next year's elections. A pro-democracy coalition of NGOs in Zimbabwe says it is worried by tensions building in the southern African nation.

In an interview after the launch of a 12-month program to promote peaceful elections, Reverend Kenneth Mtata, the secretary-general of Zimbabwe Council of Churches said his organization notes Christians make up the majority of the country's population.

He was polite in responding to critics in the pro-government media who say the church is meddling in politics.

Yes that is true we have no business in party politics. But every Zimbabwean has responsibility over what happens to them," he said. "If you define politics as a way of distribution of power, of resources, then it is a concern for everyone. The only reason why we enter into this discussion because our nation has not healed. There are many problems in our nation and if we do not address these problems, people come to church every Sunday, we are hosting 80 percent of the population, if we renege on this responsibility I think we would have failed the citizens of Zimbabwe."

He says the churches are saying no to violence and violent candidates, no to corrupt candidates, no to incompetent candidates, and no to abuse of Zimbabwe's constitution.

Director Jestina Mukoko of the Zimbabwe Peace Project, a coalition of pro-democracy NGOs, says that is not all.

"The media is awash with hate language. What that does at a local level, it translates to physical violence," she said. "For me, what I would want leaders to be speaking about and also the media, is basically against political violence. And reduce this hate language rhetoric that is all over the media because it does not do us any good. We are months from the elections, but at the rate we are going, it is a bit concerning."

In 2008, the African Union nullified results of an election in which President Robert Mugabe had declared himself winner. That was after the main opposition leader Morgan Tsvangirai had withdrawn from the contest citing deaths of his supporters at the hands of suspected members of the ruling Zanu-PF.

Source: Voice of America

SOUTH AFRICA, DR CONGO PUSH FOR STRENGTHENED TRADE TIES

PRETORIA, June 27 (NNN-SA NEWS) -- South Africa and the Democratic Republic of the Congo (DRC) have re-affirmed their willingness to improve and strengthen their economic relations through facilitating trade and removing all impediments constraining bi...

Gauteng creates 700 000 new jobs

Pretoria � The Gauteng economy created 700 000 new jobs between 2010 and 2016 despite challenges in the economy, says Gauteng MEC for Economic Development, Lebogang Maile.

Delivering his Budget Vote on Monday in the Gauteng Legislature, MEC Maile said the Gauteng economy has remained relatively resilient and has recorded the largest nett gain in new jobs since the 2008 global financial crisis.

In fact, since we came into office as the fifth administration in 2014 bi-annual employment has reached 317 000, breaking the ceiling of 300 000.

Our provincial economy also succeeded in attracting investment, despite the seemingly unfavourable investment climate, he said.

MEC Maile said between 2014 and 2016 the province attracted R66 billion worth of foreign direct investment inflows, with the Gauteng Growth and Development Agency putting in a great effort to make Gauteng a desired investment destination.

In addition, 2 732 businesses were assisted to access regulatory departments and entities through the Gauteng Investment Centre (GIC).

The GIC has created a platform for local businesses to interact with their international counterparts. The platform has been further extended through our partnership with Trade Invest Africa (TIA), an initiative of the Department of Trade and Industry.

This initiative is aimed at informing the Gauteng business community about the support services offered by TIA in facilitating trade and investment with the rest of Africa, MEC Maile said.

Source: South African Government News Agency

Water and Sanitation on Mpumalanga dam levels

Save more as Mpumalanga dam levels shrinkThe Department of Water and Sanitation (DWS) in Mpumalanga encourages communities to strengthen their water conservation initiatives as the dam levels are continuously decreasing. According to the Department's w...