ANC
DStv’s Exclusive Sports Broadcasting Deals Could Be Under Threat
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Anchor Protocol rebounds sharply after falling 70% in just two months — what’s next for ANC?
Anchor Protocol (ANC) returned to its bullish form this May after plunging by over 70% in the previous two months. Pullback risks ahead ANC’s price rebounded by a little over 42.50% between May 1 and May 6, reaching $2.26, its highest level in three weeks. Nonetheless, the token experienced a selloff on May 6 and May 7 after ramming into what appears to be a resistance confluence. That consists of a 50-day exponential moving average (50-day EMA; the red wave) and 0.786 Fib line of the Fibonacci retracement graph, drawn from the $1.32-swing low to the $5.82-swing high, as shown in the chart below. ANC/USD daily price chart. Source: TradingView A continued pullback move could see ANC’s price plunging towards its rising trendline support, coinciding with the floor near&...
South Africa’s Cash-Strapped Ruling Party Turns to Crowdfunding
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
South Africans gather in support of Jacob Zuma — a day before jail deadline
Hundreds of supporters gathered in a show of solidarity for former South African president Jacob Zuma outside his Nkandla homestead Saturday, as the deadline looms for him to hand himself over. In an unprecedented ruling, Zuma was on Tuesday told by the constitutional court to hand himself over by Sunday to start a 15-month jail term for contempt of court. Supporters, mainly members of the African National Congress’s Umkhonto Wesizwe military wing, have for weeks camped outside Zuma’s home in KwaZula-Natal province in solidarity with the former leader. Donning traditional leopard skins and ostrich feathers – wielding spears, shields and clubs known as “knobkerries,” men known as “amaButho,” or Zulu regiments marched in the streets of Nkandla, singing praise songs about Zuma. Bare-breasted ...
South Africa’s Jacob Zuma mounts last-ditch legal fight against jail term
South Africa’s ex-president Jacob Zuma on Friday mounted a last-ditch legal bid to avoid prison after the country’s top court ordered him jailed for failing to appear before graft investigators. In a landmark ruling, the Constitutional Court on Tuesday handed Zuma a 15-month term for contempt after he snubbed a probe into the theft of state assets under his tenure. If the 79-year-old fails to turn himself in by Sunday, police will be given a further three days to arrest him and take him to jail to start the sentence. As the deadline loomed, Zuma pleaded on Friday that the order be “reconsidered and rescinded.” “It will not be futile,” Zuma said in papers filed to the court, “to make one last attempt to invite the Constitutional Court to relook its decision and to merely reassess whether it...
Kenyans Are Being Registered for Political Parties Without Knowledge or Consent
Image sourced from The World. Kenyan users are reporting on social media that they are being signed up as members of political parties in the country without their knowledge or consent via the Office of the Registrar of Political Parties (ORPP). Many are finding the developments baffling: According to the Registrar of Political Parties (@ORPPKenya), I am a registered member of ANC. Eeerm, since when? Why? How? @anc_party how did I get on your membership roll and how do I get out? pic.twitter.com/KqcD53OBEH — E. Chenze (@echenze) June 18, 2021 As of yet, there is no clear answer for why this is happening. Theories are running rampant on social media. Some users are claiming that information is being leaked via security breaches in Safaricom’s M-Pesa platform. Though this is a significantly ...
President Buhari: Improved Nigeria-South Africa relations will quicken African development
President Muhammadu Buhari yesterday expressed optimism that improvement in relations between Nigeria and South Africa would speed up the process of development on the African continent. Speaking in concurrence with the Chairman of the African National Congress (ANC) and South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, who came to the State House, Abuja on Friday as Special Envoy of his country, President Buhari cited his last trip to South Africa during which he and President Cyril Ramaphosa worked together in resolving the migrants’ crisis between two brotherly nations. The President in a statement issued by his Senior Special Assistant on Media and Publicity, Mallam Garba Shehu said, “There was this ‘small problem’ between our countries. I went there and we resol...
South African main opposition party elects new leader
South Africa’s largest opposition party on Sunday elected John Steenhuisen as their leader, who vowed to take the centre-right Democratic Alliance (DA) to greater heights after a slump in electoral support. Steenhuisen, who has acted as interim party leader since its first black leader Mmusi Maimane quit over a year ago, has also served as party chief whip in parliament. The triumph will see him lead the DA in the 2024 presidential elections against the ruling African National Congress (ANC). In his acceptance speech, Steenhuisen said under his leadership “people power” would be the order of the day, promising to “fight to give power and opportunities to every law-abiding, honest and hard-working citizen, regardless of their background”. Securing a whopping 80 per cent of the historic virt...
European Union backs Ngozi Okonjo-Iweala for WTO role
The European Union has endorsed former Nigerian finance minister Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation, Bloomberg reported. The business news outlet cited anonymous officials familiar with the matter that all the 27 EU member countries agreed on Monday in Brussels to support Mrs. Okonjo-Iweala. Bloomberg also reported that the United States has decided to back Yoo Myung-hee, South Korea’s trade minister, for the role. The position has been fiercely contested amongst candidates of different countries since Roberto Azevedo resigned in August. Last month, Okonjo-Iweala and Myung-hee were selected as the last two candidates in the contest. The EU’s endorsement is seen as a significant boost for Okonjo-Iweala’s candidacy, with the final winner expected...
South Africa minister reprimanded for party’s trip on airforce jet
South Africa’s defence minister has been reprimanded and will lose three months of salary after ruling party officials took an air force plane to Zimbabwe earlier this month, President Cyril Ramaphosa said on Sunday. The African National Congress (ANC) delegation’s presence aboard the flight sparked widespread criticism over the use of state resources for party business. Their trip to Harare was for crisis talks with Zimbabwe’s Zanu-PF ruling party aimed at helping tackle the country’s political and economic woes. But they tagged along aboard Defence Minister Nosiviwe Mapisa-Nqakula’s plane, rather than travelling privately. She had a scheduled meeting in Zimbabwe to discuss regional issues following a recent summit of the Southern African Development Community bloc. Mapisa-Nqakula will no...
