Southern Africa:We Made Mistakes in Reports About Renditions to Zimbabwe – Sunday Times

[The Herald] Johannesburg -A major South African publication, the Sunday Times, has admitted writing falsehoods against Zimbabwe as it pushed a nefarious agenda for some South African political interests. The Sunday Times has wide readership in South Africa and has a bureau in Zimbabwe where it enjoys considerable circulation.

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South Africa:Economy Slips into Technical Recession as GDP Drops

[Statistics South Africa] The South African economy slipped into recession during the second quarter of 2018, shrinking by 0,7% quarter-on-quarter (seasonally adjusted and annualised). This followed a revised 2,6% contraction in the first quarter of 2018.

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South Africa:National Treasury Says Viceroy Report on Capitec is Reckless

[GCIS] The National Treasury notes the reckless manner in which Viceroy, a US-based trader/research firm, released its report on Capitec bank earlier in the week. Viceroy is not regulated in South Africa, and by its own admission, has been trading [short selling] in Capitec shares ahead of the release of its report, and stood to benefit substantially from forcing the Capitec share price to fall by publishing its speculative report about the bank.

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South Africa:ANC Alliance Partners Hit Back at Zuma

[Daily Maverick] President Jacob Zuma used his last address as ANC president to take aim at critics and groups that he feels have wronged him. Those particularly in his firing line were the South African Communist Party, trade union federation Cosatu, and ANC veterans who have called on him to step down. The reaction from those he took swipes at has been swift and unimpressed – suggesting that Zuma may have further endangered the future of the tripartite alliance.

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