Bird Flu In Gauteng

The Highly Pathogenic Avian Influenza (HPAI) H5N8 virus – commonly known as bird flu – has been confirmed on two new locations on farms in Gauteng and Mpumalanga, the department of agriculture, forestry and fisheries said on Tuesday. The export of raw meat, eggs and live birds from South Africa to some trade partners was disrupted, as one of requirements for the certification is country freedom from HPAI, which cannot be provided since June 22.

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Mkhwebane Opposes Zuma On State Capture

Public Protector Busisiwe Mkhwebane said an inquiry into state capture must take place urgently, and President Jacob Zuma cannot decide which judge must hear it. Mkhwebane made these calls in her answering affidavit to a court application Zuma made in December to set aside former public protector Thuli Madonsela’s State of Capture report.

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Foreign Firms Make R550m From E-Tolls

Two overseas companies have earned more than R550m for providing e-tags to and printing and distributing invoices for South Africa’s loss-making e-toll system. Kapsch TrafficCom (a subsidiary of Austrian company Kapsch) received R167.2m (exclusive of VAT), while Q-Free got R58.3m (exclusive of VAT) for providing e-tags. The amounts reflect the total that Sanral paid for e-tags upon delivery since the inception of the e-toll system in December 2013. Sanral told Fin24 that the amounts paid to the two companies are exclusive of value-added tax (VAT), as it is claimed back by the companies.

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Trump Junior Reveals Explosive Emails

Donald Trump’s eldest son released e-mails on Tuesday showing that he embraced Russian efforts to support his father’s presidential campaign — a shocking disclosure likely to further fuel speculation over Moscow’s suspected role in the election. The revelation puts the US president’s son at the centre of a burgeoning scandal involving multiple US investigations into whether Trump associates colluded with Moscow in its efforts to tilt the 2016 election in the Republican’s favour. In a string of e-mails released on Tuesday, Donald Trump Jr was told by an interlocutor that he could get “very high level and sensitive information” that was “part of Russia and its government’s support for Trump.”

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Road Accidents Cost SA R143 Billion In 2015

Road accidents and fatalities in South Africa cost the economy a staggering R143billion in 2015. This was revealed at the 2017 Southern African Transport Conference and Exhibition being held in Pretoria. Road deaths cost the country’s gross domestic product (GDP) 3.4%, the gathering heard. Human casualty costs accounted for 69.3percent of the total crash cost, while vehicle repairs accounted for 14.9% and related incident costs 15.8%

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Dangote Aims To Double Africa Plants

Dangote Cement plans to invest about $4-billion in the next two to three years to nearly double its production capacity in Africa. Dangote, Africa’s biggest cement producer, has an annual production capacity of 45-million tonnes and in 2015, Dangote signed $4.34-billion worth of contracts with China’s Sinoma Engineering to build cement plants across Africa. At the time Dangote projected to reach 100-million tonnes production capacity by 2020.

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IndicatorsJSE 52’712 – Oil 48.38 – Rand/USD 13.46 – Rand/GBP 17.27 – Rand/EUR 15.40

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Author: The Turk Report

Simplifying complex money matters

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