Underwhelming Chinese activity data knock sentiment
Support for legislation enabling unexplained wealth to be probed is to be welcomed
But advocate Mpofu says justices must accept former prisons chief granted parole correctly
Provincial chair elect indicates he will support Ramaphosa’s re-election as ANC president
Capital reserves of R124bn will help shield bank against a possible global economic downturn
Consumer finances crumble under the pressure of rising prices and interest rates, Unisa vulnerability report shows
Some in the industry believe a ban on the export of scrap will mean a more competitive steel industry, with lower prices passed on to consumers
Washington targets chief of staff Nathaniel McGill, chief prosecutor Sayma Syrenius Cephus and Bill Twehway, MD of Liberia’s National Port Authority
Veteran seamer believes he still has plenty to offer despite turning 40
Demographics paint a gloomy picture for continued US dominance, until one looks at the Chinese figures, argues Niall Ferguson
Matt Hancock, the former UK health secretary whose handling of the pandemic was criticised in a parliament report this week, was named as the UN’s special representative for Africa.
Hancock will be working on financial innovation and climate change under the UN’s Economic Commission for Africa and will be involved in helping the continent’s economy recover from the pandemic.
“Your success on the UK’s response to the Covid-19 pandemic and the acceleration of vaccines that has led the UK to move faster towards economic recovery is one testament to the strengths that you will bring to this role,” Vera Songwe, executive secretary of the ECA, said in his appointment letter.
As health secretary from 2018, Hancock played a critical role in tackling the coronavirus outbreak. A parliamentary committee on Tuesday criticised the government’s “fatalistic approach” to the first wave of infections, saying its serious mistake in delaying lockdown led to many unnecessary deaths.
Hancock resigned from the government in June after he was caught by the security cameras in his own office in a clinch with one of his advisers. The encounter breached rules on social-distancing, he said at the time.
Bloomberg News. More stories like this are available on bloomberg.com
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