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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSouth Africa's top political party has proposed a social safety net that's been called the first national universal basic income (UBI) program. The African National Congress, led by Nelson Mandela in the 1990s, recently outlined its plan to expand South Africa's Social Relief of Distress program. AdvertisementCleo Goodman, the basic income lead at think tank Autonomy, told Business Insider that the ANC's proposal followed years of basic income advocates making their case through "pilots, research and widespread campaigning." Advertisement"Despite the name, this proposal falls far short of a basic income," Karl Widerquist, a philosophy professor at Georgetown University-Qatar and the author of several books about UBI, told BI.
Persons: , Nelson Mandela, Cleo Goodman, Goodman, Karl Widerquist, Widerquist, Chris McGrath, It's, doesn't Organizations: Service, African National Congress, Social, Business, ANC, Autonomy, Georgetown University, Qatar Locations: Alexander, Johannesburg, South Africa
Johannesburg, South Africa CNN —South Africa’s African National Congress (ANC) party faces a mammoth challenge as it needs to form a government with its political rivals after suffering a seismic blow in last week’s election. However, both parties believe in the primacy of South Africa’s constitution and both have promised to crack down on corruption. If the ANC decides to pursue coalition talks with MK, then Zuma will want Ramaphosa out, solidifying his revenge. However, if South Africa’s president maintains his grip on the ANC, a coalition with MK is unlikely. South Africa’s business community and middle class are broadly nervous about an EFF–ANC coalition and its effect on investor confidence.
Persons: Mahlengi, Motsiri, Jacob Zuma, Zuma, Cyril Ramaphosa –, , , Tessa Dooms, ” Dooms, Ramaphosa, Gupta, Ramaphosa’s, Fikile Mbalula, , John Steenhuisen, Steenhuisen, TK Pooe, Paul Mashatile, Zuma “ unapologetically, Melanie Verwoerd, Verwoerd, Julius Malema, Malema, Floyd Shivambu, Mandela, Klerk, Thabo Mbeki Organizations: South Africa CNN, National Congress, ANC, South, MK, who’ve, CNN, Sunday, Democratic Alliance, White South, DA, EFF, Fighters, Wits School, Governance, Empowerment, ANC’s, National Health Insurance, Freedom Party, IFP, Reserve Bank, Finance, GNU, FW Locations: Johannesburg, South Africa, Africa, Zulu
South Africa's governing African National Congress lost its parliamentary majority of 30 years, in the country's most sweeping political shift since the end of the apartheid. The six-months-old uMkhonto weSizwe party of the country's former president Jacob Zuma, established in December, clinched 14.6% of votes. The result marks a meteoric fall for ANC from the 57.5% wrested during the previous election of 2019 — at the time, the party's weakest feat since South Africa's first democratic vote in 1994. In 2022, the World Bank named South Africa "the most unequal country in the world." "Top-of-mind issues for voters are unemployment, loadshedding, corruption, and crime, which have all taken a toll on the country's growth performance for years," analysts at Deloitte said at the start of the month.
Persons: Jacob Zuma, Long Organizations: African National Congress, ANC, Democratic Alliance, Marxist Economic, Fighters, World Bank, Deloitte Locations: South Africa
Johannesburg, South Africa CNN —South Africa’s ruling African National Congress party is set to fall short of a majority for the first time in 30 years after national elections this week, marking the biggest political shift in the country since the end of apartheid. With results in from 90% of voting districts as of 5.10pm ET, support for the ANC was at 41.04%. The official opposition party, the centrist Democratic Alliance (DA), had 21.72% of the vote. Fed-up voters dealt the party of Nelson Mandela a seismic blow at the polls after years of corruption scandals and economic mismanagement. As a result, the ANC will be forced to form a coalition to stay in government.
Persons: Zuma, Nelson Mandela Organizations: South Africa CNN, National Congress, ANC, Democratic Alliance, weSizwe Party, Fighters, Fed Locations: Johannesburg, South Africa
Johannesburg, South Africa CNN —Early results from South Africa’s election suggest the ruling African National Congress (ANC) party could lose its majority for the first time in 30 years. With results in from 13% of polling stations at 10 a.m. local time, support for the ANC stood at 42.5%. In past elections, results from rural areas – where the ANC has major strongholds – have come in later, boosting results for the party. South Africa’s electoral commission has seven days to declare the final results by law. This year, the commission has set Sunday, June 2, as the final results day.
Persons: Jacob Zuma, Zuma, Cyril Ramaphosa – Organizations: South Africa CNN, National Congress, ANC, Democratic Alliance, Fighters, ANC –, CSIR, Independent, EFF, weSizwe Party, South Locations: Johannesburg, South Africa, , KwaZulu, Natal, Durban
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurasia Group: Not unusual to see South Africa's ANC taking the lead at the early stageZiyanda Stuurman of the Eurasia Group discusses the early results of the South African election and says the surprise is how weak the Inkatha Freedom Party has been.
Persons: Ziyanda Organizations: Eurasia, South, ANC, Eurasia Group, Party
Residents line up to cast ballots in the national election on May 29, 2024 in Matatiele, South Africa. South African's governing African National Congress appears set to lose majority control in the country's most seismic political transition since the end of the apartheid. The International Monetary Fund projects that South Africa's gross domestic product will climb by 0.9% in 2024. The democratic process is going to emerge victorious," ANC leader and South Africa's incumbent President Cyril Ramaphosa, 71, said Wednesday on social media. The U.S. dollar was up 1.31% against the South African rand at 8:30 a.m. London time, following the report.
Persons: Nelson Mandela, Cyril Ramaphosa Organizations: Reuters, country's Council for Scientific, Industrial Research, ANC, Democratic Alliance wresting, Marxist Economic, Fighters, African National, ANC —, World Bank, Monetary Fund, South, National Union of Mineworkers, Associated Press, U.S Locations: Matatiele, South Africa, London, Johannesburg
Johannesburg, South Africa CNN —Millions of South Africans are voting in what is expected to be the most pivotal general election since the end of apartheid. While polling can be challenging in South Africa, most analysts believe that the ANC faces its stiffest challenge yet with a population deeply frustrated by the country’s direction. SOUTH AFRICA GENERAL ELECTION 101 South Africa uses a “proportional representation” system. South Africa is the most unequal country in the world, according to the World Bank. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago.
Persons: Nelson Mandela, Cyril Ramaphosa, ” Ramaphosa, Anders Pettersson, Jacob Zuma’s uMkhonto, Zuma, , , John Steenhuisen Organizations: South Africa CNN, National Congress, ANC, SOUTH, Independent Electoral, South, World Bank . Citizens, Workers, African National Congress, Fighters, Jacob Zuma’s uMkhonto weSizwe Party, Democratic Alliance, Party Locations: Johannesburg, South Africa, SOUTH AFRICA, Africa, Alexandra Township, Benoni
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President of the ruling African National Congress (ANC) and South African President, Cyril Ramaphosa at a rally on May 25, 2024 in Johannesburg, South Africa. Some 30 years on from the peaceful transition from apartheid rule to democracy, South Africa could once again be on the cusp of change. Since coming to power in South Africa's first democratic election in 1994, the African National Congress has focused on making inclusivity a core pillar of the country's economy. At the last national assembly election in 2019, turnout was 66%, already 7 percentage points lower than the previous vote. Even with the highest possible voter turnout, the ANC's result is expected to drop below 50%.
Persons: Cyril Ramaphosa, Nelson Mandela Organizations: National Congress, ANC, African, African National Congress Locations: Johannesburg, South Africa, South Africa's, Gauteng
When South Africans vote Wednesday, an unhappy combination of rampant corruption, soaring joblessness, crippling power cuts and feeble economic growth will likely be top of mind. Black South Africans, who make up 81% of the population, are at the sharp end of this dire situation. ‘Elite enrichment’Under apartheid — and colonial rule before that — Black South Africans were violently oppressed and denied many basic human rights. Millions of South Africans still live in such informal settlements. “The poster child of this is the electricity sector.”For much of last year, South Africans were without power for at least some portion of the day.
Persons: , Nelson Mandela’s, , Cyril Ramaphosa, Leon Sadiki, BEE, Moeletsi Mbeki, Thabo Mbeki, White, , Tshediso Matona, Anders Pettersson, Black, , Kganki Matabane, Matthew Parks, Matona, Mbeki, Ricardo Hausmann, Jacob Zuma, Haroon Bhorat, Michele Spatari, ” Bhorat, hasn’t, ANC “, Zuma, Ramaphosa, Cas Coovadia, Hausmann Organizations: Johannesburg CNN, National Congress, ANC, World Bank, Oxford Economics, Harvard University, Democratic Alliance, Bloomberg, Getty, South African Institute of International Affairs, Wits University, CNN, , BBEE, Black Business Council, South African Trade Unions, Harvard’s, University of Cape, South Africa’s Free, International Monetary Fund, Fitch, IMF, JPMorgan, Shell, Unilever, Business, Business Unity, Harvard Growth Locations: London, Johannesburg, Sudan, Africa, Alexandra, South Africa, Leon, Isipingo, KwaZulu, Natal, South, , University of Cape Town, loadshedding, Namahadi, Frankfort, Business Unity South Africa
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Persons: we've, you'll, you've, fryer, Braun, Fryer, Ninja's, Ninja, Crisp, Pick, It’s, Max, Casper, Pillow, Topper, Allbirds Organizations: Business, Apple, Day, Samsung, Walmart, Samsung TV, Amazon Sony, Amazon Samsung, Amazon, DreamCloud Sealy, Amazon ., Shop, Ninja, Sony, JBL Bluetooth, Amazon Beats, Amazon Apple, JBL, Haven, Elm, Flyers Locations: Brooklyn, France, Chewy
Johannesburg, South Africa CNN —South Africans go to the polls on May 29 for what will likely be the most pivotal general election since the end of apartheid. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago. South Africa general election 101 • South Africa uses a “proportional representation” system. This year South Africa received its lowest score on Transparency International’s Corruption Perception Index. Democratic Alliance (DA) party leader Johan Steenhuisen speaks to supporters during a party event on May 9, 2024, in Soweto, South Africa.
Persons: Nelson Mandela, Cyril Ramaphosa, Jacob Zuma, What’s, Ramaphosa –, , , Ramaphosa, , John Steenhuisen, Johan Steenhuisen, Anders Pettersson, Zuma, Julius Malema, Malema, Floyd Shivambu, Steenhuisen Organizations: South Africa CNN, National Congress, ANC, Independent Electoral, , , Democratic Alliance, White South, Party Charter, uMkhonto weSizwe Party, Economic, Fighters, EFF, MK, Finance, Constitutional, Social Research Foundation Locations: Johannesburg, South Africa, Africa, China, Cuba, Soweto
Johannesburg, South Africa CNN —South Africa’s apex court has ruled that former president Jacob Zuma is not eligible to run for parliament in next week’s critical general election. He was found guilty of contempt of court by the same constitutional court for his refusal to testify to an anti-corruption commission. It is that sentence that barred him from running, the court ruled on Monday. A contempt of court sentence is an extremely important sentence, and it is a sentence that cannot be treated lightly. While the court ruled that Zuma is not eligible to run for MP, his party will still contest the election and his face will remain on the ballot.
Persons: Jacob Zuma, Zuma, , , Leona Theron, Neeshan Balton, Ahmed, Nelson Mandela Organizations: South Africa CNN, National Congress, ANC, WeSizwe Party, CNN Locations: Johannesburg, South Africa, KwaZulu, Natal
Soweto, South Africa CNN —Seth Mazibuko strides into the intersection of Moema and Vilakazi Street in Soweto, gesturing to the spot that changed South African history. Cars are used as roadblocks on June 21, 1976, during unrest in Soweto, South Africa, stemming from protests against the use of Afrikaans in schools. But as South Africans celebrate 30 years of democracy this week, many educators and activists believe that there is a crisis hollowing out the country’s education system – a crisis that threatens democracy’s hard-fought gains. Despite substantial education funding, South African students consistently rank among the lowest in global assessments of literacy and numeracy skills. South Africa has the highest unemployment rate in the world and many university graduates struggle to enter the workforce.
Persons: South Africa CNN — Seth, , Mazibuko, Mike Mizleni, Prince Mulwela, Angie Motshekga, Motshekga, Nelson Mandela, Walter Dhladhla, it’s, Ann Bernstein, Bernstein, Morris Isaacson, , , , General, Mbali Msimanga, Atlegang Alcock, Mandela Organizations: South Africa CNN, Black South, Getty, Keystone, Hulton, , Morris Isaacson High School, CNN, South, Basic, African National Congress, ANC, of Development, Enterprise, Corruption, South African Democratic Teachers Union, Cape Town Locations: Soweto, South Africa, Moema, gesturing, AFP, Africa, Canada, Kenya, Oshlange, Black, Durban, South Africa's, Johannesburg, Robben, Cape
The sale features great discounts on everything tech, from 4K TVs to SodaStream soda makers. Whether shopping for a birthday gift or upgrading your devices, this Best Buy weekend sale is where to look. Shop at Best BuyBeats Studio Buds+ $129.99 $169.99 Save 24% The Beats Studio Buds+ offer powerful and balanced sound that fits in your pocket. Shop at Best BuyThis is just a small taste of this weekend's top Best Buy sale picks. Check out the full selection over at the Best Buy website.
Persons: Bissell, I've, you’ll Organizations: Business, Apple, LG, Samsung
Johannesburg, South Africa CNN —For South Africans, normality is a sliding scale. In October, a heavily armed gang blocked off one of the busiest highways near Johannesburg as it blew up a cash-in-transit vehicle – a security van carrying cash. Cash-in-transit, or CIT, heists are one of the most dramatic illustrations of a crime wave that has shocked even the most hardened South Africans. His argument is not entirely factual: crime affects South Africans from all walks of life, not just those earning a comfortable living. The South African police minister, Bheki Cele, recently highlighted what he called the successes of the Crime Intelligence division in tackling organized crime and rooting out corruption within the ranks of the force.
Persons: Nelson Mandela, , Byron Blunt, Ngwenya, , , Petrus Mthembu, SAPS, Athlenda Mathe, Bheki Cele, Joe van der Walt, Esa Alexander, Gareth Newham, What’s Organizations: South Africa CNN, heists, CIT heists, National Congress, ANC, CNN, , CIT, Motor Transport Workers Union, South African Police Service, Reuters, Hawks, AK, South, Crime Intelligence, Focus Group, ” Police, Town, Private Security Industry Regulatory Authority, Institute for Security Studies Locations: Johannesburg, South Africa, Africa, R350,000, Makhado, Limpopo, Cape Town , South Africa
Learn moreAmazon's Big Spring Sale features limited-time discounts on various products, from family apparel to popular tech items, including great headphone deals on several top models from brands we love. Highlights include the Soundcore Life Q30, our pick for the best budget noise-cancelling headphones, which are back down to an all-time low price. You can also get $100 off the high-end Sony WH-1000XM4 wireless headphones or snag a pair of Apple's AirPods Pro for $60 off their full retail price. If you're not sure which pair is right for you, check out our guides to the best noise-cancelling headphones, best wireless earbuds, and best Apple AirPods to learn more. These wireless earbuds offer good sound with active noise cancellation, 11-hour battery life, and Fast Pair for quick, seamless switching between compatible Android devices.
Persons: it's, Anker, Bose Organizations: Business, Sony WH, Price Apple, Amazon Sony WH, WH, Sony, Soundcore Liberty, Liberty, Amazon Bose, Amazon, Wireless
Learn moreAmazon's third-generation Echo Buds are the brand's most budget-friendly headphones yet. Amazon Echo Buds (2023) Amazon's third-generation Echo Buds lack noise cancellation, but they sound solid for the money and include hands-free Alexa support on a budget. And unlike more expensive headphones, the third-gen Echo Buds don't come with active noise cancellation (ANC) to help reduce background sounds that might interfere with your music. Sarah Saril/InsiderDespite their drawbacks, the Echo Buds are still a solid budget choice for users of multiple devices. Sarah Saril/InsiderThe Echo Buds (3rd Gen) aren't for everyone, but they have their appeal.
Persons: Sarah Saril, Alexa, there's, earbuds, Lizzy McAlpine, Alison Wonderland, aren't, that's, Bose Organizations: Business, Alexa, Amazon, Sony, Bose, Samsung, Apple, ANC
By Nellie PeytonJOHANNESBURG (Reuters) - South Africa's ruling African National Congress (ANC) said on Monday it had suspended the membership of former president Jacob Zuma after he announced he would vote for another party in this year's general election. His suspension reflects deep-seated divisions in the party of liberation hero Nelson Mandela that has governed South Africa since the end of apartheid. "The formation of the MK party is not an accident," the ANC said in a statement. The MK party is named after the ANC's former armed wing, in a challenge to the long-dominant movement. Zuma has been at odds with the ANC's leadership since he was forced to quit as party leader in 2018.
Persons: Nellie Peyton JOHANNESBURG, Jacob Zuma, Zuma, Nelson Mandela, Cyril Ramaphosa, Nellie Peyton, Alexander Winning, Andrew Heavens Organizations: National Congress, Analysts, ANC, Forces, Natal Locations: South Africa, KwaZulu
The International Court of Justice, the U.N.'s highest legal body, will this week hear a case brought by South Africa that accuses Israel of committing genocide against Palestinian people during the assault on the Gaza Strip. Ambassador Reuben Brigety accused South Africa of running guns for Russia via a mystery merchant ship, a South African inquiry found no evidence of the alleged arms shipment, but ties between the two historical allies remained taut. "Over the past two years a succession of frustrations, including South Africa feeling it is being pushed on Russia-Ukraine, the U.S. Ambassador's statements on South African domestic security and on its relationship with Russia, and U.S. policy on China in Africa, have all contributed to the worsening of this relationship," Vandome said. 'Solidarity against apartheid oppression' South Africa's close relationship with Russia is based on a multitude of factors past and present.
Persons: John Kirby, Kevin Lamarque, Israel, Reuben Brigety, Cyril Ramaphosa, Chris Vandome, Vandome, Sergey Lavrov, Naledi Pandor Organizations: White, Reuters, U.S, Court of Justice, Palestinian, . National Security, Chatham, CNBC, South, Russian, African Foreign, Pretoria Ihsaan Haffejee, Anadolu Agency, Getty, United States Trade, Solidarity, Congress, ANC, Party Locations: Washington , U.S, South Africa, Gaza, Israel, Washington, Pretoria, Russia, China, African, Ukraine, Africa, U.S, Palestine, PRETORIA, Pretoria Ihsaan
[1/2] Former South African president Nelson Mandela (R) and Palestinian President Yasser Arafat (L) address the media after holding talks on the crisis in the Middle East May 3, 2001. It was a gesture as controversial then as South Africa's support for the Palestinian cause is today, but Mandela brushed off criticism. Last month, the ruling ANC backed a motion in South Africa's parliament to suspend diplomatic ties with Israel until it agreed to a ceasefire in Gaza. Israel has disputed the comparison with apartheid as a lie motivated by antisemitism, but many South Africans follow Mandela's lead. Some in South Africa's Jewish community criticise the ANC's stance, pointing out that Mandela himself eventually tried to build bridges with Israel.
Persons: Nelson Mandela, Yasser Arafat, Mandela, Arafat, S.Africa, Carien du Plessis, Mandla Mandela, Obed Bapela, Lebogang Mashile, David Saks, Ehud Barak, Ezer Weisman, Saks, Shafiek, Tim Cocks, Alex Richardson Organizations: South, Arafat ANC, ANC, Palestine Liberation Organisation, Hamas, Reuters, Thomson Locations: Israel, Gaza, Shafiek, JOHANNESBURG, Palestine, Johannesburg, South Africa's, South Africa, South
Learn moreApple AirPods and AirPods Pro are some of the most popular items you can find among the best Cyber Monday deals. Right now, you can find the new AirPods Pro with USB-C charging available for $60 off from Amazon — its lowest sale price. Read more about both models in our AirPods Pro review and AirPods 2 review. Best Cyber Monday Apple AirPods dealsBecause AirPods always go on sale during the year, you should never pay full price. These perks help make them our overall pick for the best AirPods you can buy.
Persons: AirPods, Max, They're, Apple AirPods Organizations: Apple, Amazon, Apple Watch, ANC
Learn moreApple AirPods and AirPods Pro remain Black Friday favorites because they are among the top wireless earbuds you can buy. The new AirPods Pro with USB-C charging, at almost $60 off from Amazon, is discounted to its lowest sale price. Read more about both models in our AirPods Pro review and AirPods 2 review. For more top discounts on other products, check out our guide to the best Black Friday deals as well as all of the best Amazon Black Friday deals. Apple also sells a midrange AirPods model, the AirPods (third-gen), which typically cost about $40 more than the second-gen model.
Persons: it's, Max, Bose, AirPods, you'll Organizations: AirPods, Apple Watch, Apple, ANC
Supporters of South Africa's ruling African National Congress (ANC) and various political parties including civil society groups gather in solidarity with the Palestinian people outside the Israeli embassy in Pretoria, South Africa, October 20, 2023. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing RightsCAPE TOWN, Nov 21 (Reuters) - South African lawmakers voted on Tuesday in favour of closing down the Israeli embassy in Pretoria and suspending all diplomatic relations until a ceasefire is agreed in its war with Palestinian Islamist group Hamas in Gaza. The Israeli embassy did not immediately respond to a request for comment. On Monday, the Israeli ambassador in Pretoria was recalled to Tel Aviv for consultations ahead of the vote, which on Tuesday was resoundingly adopted by a 248-91 margin. Reporting by Wendell Roelf; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
Persons: Siphiwe, Cyril Ramaphosa's, resoundingly, Nelson Mandela, Pemmy Majodina, Wendell Roelf, Mark Heinrich Our Organizations: National Congress, ANC, REUTERS, Palestinian, Hamas, Court, Fighters, EFF, Nations, Thomson Locations: Pretoria, South Africa, Gaza, Tel Aviv, Israel, Africa, Hamas
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