Jacob Zuma

South Africa faces Moody’s Rating Downgrade

South Africa faces Moody’s Rating Downgrade

South Africa faced a major setback as Moody’s Investor Services lowered the ratings for the country to the lowest investment grade. Moody’s has also reduced foreign and local-currency ratings for South Africa to Baa3. Moody’s has cited political issues and lower growth estimates as major reasons for downgrade. The report kept the outlook as negative.

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Jacob Zuma, the South African President says that the Nation’s Struggle Heroes Should be Celebrated

Jacob Zuma, the South African President says that the Nation’s Struggle Heroes S

The South African President, Jacob Zuma urged that citizens of the country should not take the democracy which they earned after a long struggle for granted.

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Poverty Declining; Financial Inequality Major Issue

Poverty Declining; Financial Inequality Major Issue

The new stats released have suggested decline in the number of poor by 4 million in the country. The prices of commodities are rising and it is becoming increasingly difficult for locals to manage their expenses. As per the data till year 2011, 16.3 million people were below lower-bound poverty line, said statistician general Pali Lehohla.

Social grants have helped in reducing poverty. Compared to 2.6 million grants in 1993, 16.6 million grants were issued in 2011.

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President Zuma Supports Pan African Free Trade Area

President Zuma Supports Pan African Free Trade Area

President Jacob Zuma has supported the idea of development of pan-Africa free trade area to give boost to African economy. The President added that African countries should come forward and setup a free trade agreement to create an economic zone which could be valued above $2.6 trillion.

President Zuma further added that the market would boost the economic development for African nations. Also, many companies across the world would consider the partnership as a positive sign as more than 1 billion residents would offer a quick market for their products.

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Inflation at 5.4 Percent in December

Inflation at 5.4 Percent in December

The consumer price index data released by statistics office has witnessed marginal increase during December. The Inflation for December remained at 5.4 percent compared to 5.3 percent in November.

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President Zuma Roars: ANC will Rule the Nation Forever

President Zuma Roars: ANC will Rule the Nation Forever

President Jacob Zuma said that his party ANC will continue to rule South Africa forever. He was on door-to-door campaign in Mbombela as the country goes for polls soon. President Zuma was confident that his government will be voted back to power by the people of South Africa. He took charge of his office in year 2009 when the party received massive support from the people under his leadership.

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SAA Announced Air Transport Services for Mourners to Eastern Cape

SAA Announced Air Transport Services for Mourners to Eastern Cape

On Thursday night, Jacob Zuma, South Africa President, announced that the first president of the country, Nelson Mandela, has died at his home in Houghton, Johannesburg. The Zuma declared on Friday that the South African hero will be laid to rest at Qunu on 15 December.

According to a new report, South African Airways (SAA) has recently announced that they will offer air transport services to ferry mourners. The Airways officials said that they will provide special flights to Eastern Cape for mourners, who were being invited to the funeral of Nelson Mandela.

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Zuma Visits Umzinyathi Area to Promote Health Care Services

Zuma Visits Umzinyathi Area to Promote Health Care Services

South Africa President Jacob Zuma along with KwaZulu-Natal Health MEC Sibongiseni Dhlomo visited Umzinyathi area to promote health services in eMakhabeleni ward.

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Malema Lashes Out At Zuma

Malema Lashes Out At Zuma

It has been recently revealed that a controversial comment has been made by Julius Malema from the rebel party, against Jacob Zuma, the South Africa President at the provincial conference. The media gave their take on the incident stating that this is a new way of showing the struggle for power within the ANC, right before there is going to be the leadership election next year. This might thought to be a way of expressing discontent within their own selves, which will eventually be harmful for the party.

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ANCYL to Hold Protest for Employment for Young People

ANCYL to Hold Protest for Employment for Young People

In what seems like South Africa's major political fiasco, President Jacob Zuma's observation of the affairs of the African National Congress (ANC) comes across as sad. Zuma said that the problem of division and ill-discipline in the ANC had reached new levels.

Cosatu General Secretary Zwelinzima Vavi warned that the alliance was being portrayed by divisions and fast forming cliques and cabals, pigeonholing of unsuspecting individuals, innuendos, gossip, back-stabbing, character assassination, political assassination and even physical assassination.

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