Why South Africa’s Ruling ANC Party is Taking Aim at Central Bank
South Africa’s ruling African National Congress wants the central bank to play a more active role in fostering employment and economic growth, and is debating whether its inflation-fighting mandate should be expanded. That prospect has rattled investors, with the rand slumping against the dollar after party Chairman Gwede Mantashe said a change had been agreed — an assertion that other top officials later downplayed. The South African Reserve Bank has said repeatedly that bolstering economic outwashingtonpost.com
Another report alleges corruption by ex-South African leader
Another damning report into government corruption in South Africa has recommended further investigations and the possible prosecution of former President Jacob Zuma for allegedly receiving bribes to influence the awarding of state contracts.
Macron is the latest world leader to catch COVID-19
French President Emmanuel Macron reacts as he meets Portuguese Prime Minister Antonio Costa, Wednesday, Dec. 16, 2020 in Paris. French President Emmanuel Macron has tested positive for COVID-19, the presidential Elysee Palace announced on Thursday. DONALD TRUMPPresident Donald Trump announced in October that he and his wife, first lady Melania Trump, tested positive for the coronavirus. BORIS JOHNSONThe British prime minister was the first major world leader confirmed to have COVID-19, after facing criticism for downplaying the pandemic. Other top officials in former Soviet states who were infected include Armenian Prime Minister Nikol Pashinyan and Russian Prime Minister Mikhail Mishustin.