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Search resuls for: "Malema"


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Mr. Malema leads the Economic Freedom Fighters, a party that advocates taking white-owned land to give to Black South Africans. That has made his embrace of the chant all the more disturbing to some whites. Despite the words, the song should not be taken as a literal call to violence, according to Mr. Malema and veterans and historians of the anti-apartheid struggle. But the A.N.C., the liberation party that has governed South Africa since the beginning of multiracial democracy nearly 30 years ago, distanced itself from the song in 2012 — the same year it expelled Mr. Malema for his incendiary statements. The people singing those songs were not actually planning to march to Pretoria, nor did they really think that Mr. Mandela was about to be released, he said.
Persons: Donald J, Malema, Peter Mokaba, Bongani Ngqulunga, Nelson Mandela, Mandela Organizations: Trump, Economic, Fighters, Black, African National Congress, University of Johannesburg Locations: South Africa, United States, Pretoria
South Africa's EFF marches to demand president's resignation
  + stars: | 2023-03-20 | by ( ) www.reuters.com   time to read: +3 min
[1/5] Members of the political party, Economic Freedom Fighters (EFF), gather at Church Square after calling for a "National Shutdown" and demanding resignation of President Cyril Ramaphosa in Pretoria, South Africa March 20, 2023. REUTERS/Alet PretoriusJOHANNESBURG, March 20 (Reuters) - Thousands marched through the streets of South Africa's cities on Monday to demand that President Cyril Ramaphosa resign, as security forces guarded malls and roads to prevent violence and looting. The Marxist Economic Freedom Fighters (EFF) party, whose supporters are mainly poor and working class Black South Africans who feel marginalised since the governing African National Congress (ANC) ended white minority rule in 1994, had called for a national shutdown. South African security forces said on Monday that 87 people had been arrested in the last 12 hours over public violence ahead of planned protests. Parliament said in a statement on Sunday that the South African military would deploy 3,474 troops for a month until April 17 to prevent and combat crime in cooperation with the police.
Cryptocurrency companies are disclosing more information about their internal controls and risk management following the collapse of FTX, but a level of transparency in the industry that would make many investors feel comfortable remains far off. Jeff Horowitz, BitGo chief compliance officer Photo: Jeff Horowitz“We need better risk management, more guardrails…and we need some of that installed into the crypto industry,” said Jeff Horowitz, chief compliance officer at crypto custodian BitGo. Although most crypto firms aren’t subject to formal federal regulation, many have adopted the enterprise-risk-management programs that U.S. watchdogs require of mainstream financial institutions in the wake of the 2008 financial crisis. As the crypto industry matures, these executives said it is important for investors and consumers to check for signs of adequate risk management and compliance measures at crypto firms. Other signs include whether the company engages in outside due diligence, whether assets are segregated and how secure crypto assets passwords are kept.
Johannesburg CNN —South African President Ramaphosa survived a move to start impeachment proceedings against him in a vote in parliament on Tuesday. The move was widely expected, after the top leadership ruling African National Congress (ANC) called on their parliamentary caucus to block the investigation. There were a few ‘yes’ votes from ANC members, and a couple of no-shows, but their caucus largely held together. The president has repeatedly denied the allegations saying the money was from the sale of wildlife at his Phala Phala farm. ANC members said that the report did not provide enough evidence to move towards an impeachment proceeding.
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