Tag Archives: ministry

In U-turn, South Africa’s Zuma restores Gordhan to finance ministry

JOHANNESBURG President Jacob Zuma appointed Pravin Gordhan as finance minister on Sunday, in a dramatic U-turn that gave South Africa its third finance chief in a week following a selling frenzy in the markets.

The shock announcement restoring Gordhan to the post sent the rand surging practically 5 percent on Sunday evening, but failed to quell a tide of criticism of the president.

“This is reckless by President Zuma, he is playing Russian roulette with the South African economy,” opposition Democratic Alliance leader Mmusi Maimane mentioned.

Zuma sacked Nhlanhla Nene from the ministry late on Wednesday, sparking a wave of criticism and financial turmoil, and replaced him with the reasonably unknown lawmaker David van Rooyen.

The removal of Nene, who was keen to rein in government spending in Africa’s most industrialized economy, sent the rand currency to record lows, sparked a sell-off in bank stocks and sent yields in both neighborhood and dollar-denominated debt soaring.

The JSE All-share index lost 169.six billion rand ($ ten.68 billion) between Thursday and Friday.

“Critics would say having a finance minister serving only two days does not bode nicely for the reputation of South Africa,” stated Mohammed Nalla, head of research at Nedbank Capital.

“International investors are most likely considering: Why didn’t the president make a a lot more regarded as selection in the 1st location?”

A lot of economists had questioned van Rooyen’s ability to steady an economy hammered by falling prices for commodity exports that variety from coal to gold.

Nene’s reluctance to rubber-stamp an ambitious program to develop a quantity of nuclear power stations to ease serious electricity shortages, a project that may possibly price as considerably as $ 100 billion, is also observed as contributing to his downfall.

“On the 9th of December 2015, I announced the appointment of a new Minister of Finance, Mr David van Rooyen,” Sunday’s statement from the presidency stated.

“I have received numerous representations to reconsider my selection. As a democratic government, we emphasize the value of listening to the men and women and to respond to their views.”

Credit agency Fitch downgraded South Africa on Dec. four, leaving the continent’s most sophisticated economy just a single notch above “junk” status, and stated on Thursday Nene’s firing “raised a lot more unfavorable than constructive questions”.

A Reuters poll on Wednesday showed analysts anticipate the economy to develop just 1.four percent this year and 1.six percent next, .1 percentage point reduce than last month’s forecasts.

“DISCIPLINE AND PRUDENCE”

The presidency’s statement said Gordhan’s part would incorporate “promoting and strengthening the fiscal discipline and prudence” and “working with the financial sector so that its stability is preserved”.

It referred to as for “adherence to the set expenditure ceiling although sustaining a steady trajectory of our debt portfolio, as set out in the February 2015 Spending budget”.

The statement also named for “far more inclusive growth and accelerated job creation whilst continuing the work of guaranteeing that our debt is stabilised more than the medium term”.

“I am not in the job yet. Not until I am sworn in tomorrow morning at ten a.m.” regional time (0800 GMT), Gordhan told Reuters. He said a news conference was scheduled for 1000 GMT on Monday after his swearing-in.

Gordhan held the post of finance minister from 2009 to 2014, when he was replaced with Nene and moved to the post of minister for cooperative governance and classic affairs.

The Sunday presidency statement stated van Rooyen would turn out to be the new minister of cooperative governance and conventional affairs.

Zuma on Saturday denied rumors he had an affair with the chairwoman of state-owned airline South African Airways amid media speculation the connection lay behind Nene’s sacking.

The minister had rebuked Dudu Myeni, the airline’s chairwoman and a close ally of Zuma, for mismanaging a 1 billion rand ($ 62.98 million) deal with Airbus.

Zuma’s workplace also criticized as a “malicious fabrication” reports that Nene was removed due to the fact Myeni was not happy with directions from the respected former finance minister.

Social media was abuzz on Sunday with calls for anti-Zuma marches. Below the hashtag #ZumaMustFall, folks on Twitter said they would march in essential cities on Wednesday, a public vacation in South Africa and the very same day when the Federal Reserve, the U.S. central bank, is anticipated to raise interest prices – a move set to place emerging markets like South Africa beneath strain.

Even some supporters of the African National Congress (ANC), Nelson Mandela’s erstwhile liberation movement that has ruled since the end of apartheid in 1994, expressed dismay about Wednesday’s appointment of a Zuma loyalist to the essential post.

Former South African overall health minister and top anti-apartheid activist Barbara Hogan on Friday known as on Zuma to quit.

Hogan, the highest-profile member of the ANC to come out against the sacking of Nene, said Zuma had crossed a line and required to be held to account.

South Africa is gearing up for essential nearby elections next year exactly where the ANC is expected to face stiff competition from the Democratic Alliance in urban locations, which includes the financial hub of Johannesburg. The countryside remains an ANC stronghold.

Important erosion of ANC control in metropolitan powerbases could strengthen Zuma’s opponents, particularly if South Africans blame him for the floundering economy.

Analyst Razia Khan of Standard Chartered Bank stated the week’s turmoil was “maybe the 1st instance because 2007 that Zuma has come under extreme pressure within the party”.

(Extra reporting by Ed Cropley and James Macharia Writing by Andrew Roche and James Macharia Editing by Jon Boyle and Jonathan Oatis)

Agen Sabung Ayam

Turkey halts troop deployment to Iraq but will not withdraw: foreign ministry

ANKARA Turkey has halted a deployment of troops to northern Iraq but will not obey Iraq’s request to withdraw those already there, the Foreign Ministry stated on Tuesday, insisting they had been sent with Iraq’s knowledge to support fight Islamic State.

The arrival of a heavily armed Turkish contingent at a camp close to the frontline close to the city of Mosul has added but one more controversial deployment to a war against Islamic State that has drawn in most of the world’s key powers.

Russia, currently furious after Turkey shot down one of its jets flying a sortie more than Syria last month, said it regarded the presence of the Turkish forces in Iraq illegal.

Ankara says its troops are in Iraq to train Iraqi forces. “Training at this camp began with the understanding of the Iraqi Defence Ministry and police,” Prime Minister Ahmet Davutoglu told a meeting of deputies from his ruling AK Celebration.

In the last few days, Baghdad has denied that it knew about the mission and mentioned it would go to the United Nations Safety Council if the troops were not pulled out by Tuesday.

In a phone conversation with his Iraqi counterpart late on Monday, Turkish Foreign Minister Mevlut Cavusoglu emphasized Ankara’s respect for Iraq’s territorial integrity, spokesman Tanju Bilgic told reporters.

“He (Cavusoglu) mentioned that our activities aimed to contribute to the struggle against Daesh (Islamic State) in Iraq and reiterated that the deployment had stopped,” Bilgic mentioned. “There is no withdrawal at the moment, but the deployment has stopped.”

Davutoglu stated he wanted to go to Baghdad as soon as achievable to calm the row, saying the troops have been intended to shield the coaching mission against attack by Islamic State.

“These who make diverse interpretations of the Turkish military presence in Mosul are involved in deliberate provocation,” he told the deputies.

RUSSIA, SYRIA, IRAN

While consideration was focused on the dispute with Baghdad, Davutoglu made clear that the sharp deterioration in ties with Russia remained higher on the agenda, with Turkey’s cabinet discussing attainable measures against Moscow on Monday.

“We are prepared for talks and every single sort of exchange of suggestions with Russia but will never let anything to be dictated to us,” he mentioned. “In the face of Russia’s sanctions, we will implement our personal sanctions if we regard it needed.”

Russia has imposed a raft of financial sanctions on Turkey since its fighter jet was shot down close to the Syrian-Turkish border final month in disputed situations. Davutoglu stated actions were being to support Turkey’s exporters and tourism sector.

Russia’s rising involvement in the Syrian conflict has place it at odds with Turkey, which has strongly supported rebels fighting President Bashar al-Assad.

President Tayyip Erdogan stated on Tuesday that this assistance would continue, reiterating a demand for the creation of “safe zones” in northern Syria to safeguard displaced civilians and quit the flow of refugees.

“We are insisting on the creation of safe zones free of charge of terror and the speedy implementation of our train-and-equip proposal for moderate rebels,” he stated in a speech.

Davutoglu for his portion criticized “insults and attacks” directed at Turkey from within Iran, which, like Russia, is providing Assad wide-ranging military help.

He did not specify which comments he meant, but mentioned: If these attitudes continue, the conventional Turkey-Iran friendship will suffer wonderful harm … I know the Russian and Iranian men and women do not share this hostile stance of their leaders towards Turkey.”

(Extra reporting by Humeyra Pamuk in Istanbul, Isabel Coles in Erbil Writing by Daren Butler Editing by Kevin Liffey)

Agen Sabung Ayam

Kenya arrests two Iranian arranging ‘terror attack’: ministry

NAIROBI Kenyan safety forces have arrested two Iranian men on suspicion of organizing attacks in Nairobi, the Interior Ministry and Kenyan media reported on Saturday.

The two guys had planned to attack hotels in the Kenyan capital employed by tourists, business executives and diplomats, Inspector Basic of Police Joseph Boinnet stated, according to a report carried by the site of Kenya’s Everyday Nation.

Kenya has suffered from a series of attacks by Somali Islamist group al Shabaab, a Sunni Muslim group that has stated its assaults are aimed at driving Kenyan troops and other members of an African Union force out of Somalia.

There was no indication of any hyperlink to the latest arrests in the ministry statements. At least one of the Iranians was identified as a Shi’ite Muslim, the predominant sect in Iran.

“Two Iranians arrested by KE (Kenyan) safety agencies with a program to mount a terror attack in NBI (Nairobi). The plan was foiled and suspects arrested,” the ministry wrote on Twitter.

An Interior Ministry official confirmed the report.

The ministry identified the two males as Abubakar Sadiq Louw, 69, describing him as a “senior figure” in the Nairobi Shi’ite community. It named the other as 25-year-old Yassin Sambai Juma, saying he was also from Nairobi and describing him as a “recruit”.

The two men “have admitted to conspiring to mount terror attacks” in Kenya, the ministry added on Twitter.

Boinnet said Louw admitted to recruiting young Kenyans to spy and mount attacks, Every day Nation reported.

In 2013, two Iranian men had been sentenced to life in prison by a Kenyan court for planning to carry out bombings in the country.

In 2014, a court ordered an Iranian man and woman held beneath anti-terrorism laws to serve two years in jail or spend a fine right after admitting to making use of fake Israeli passports to enter Kenya. They had been detained on suspicion of organizing an attack, but officials did not say if those suspicions were laid to rest.

(Reporting by Humphrey Malalo and Edmund Blair Editing by Hugh Lawson)

Bandar Sabung Ayam

Agen Sabung Ayam – Indonesia’s wellness ministry apologises for printing error on HIV campaign

Agen Sabung Ayam

The printing business responsible for the HIV awareness campaign missed out the word ‘not’ from the posters. Photograph: GeoStock/Getty Images

Indonesia’s well being ministry has apologised following a printing error led to a poster campaign claiming HIV can be transmitted by way of mosquito bites, swimming and sneezing.

Social media was flooded with angry comments after the ministry’s try to launch a campaign to debunk myths about HIV backfired badly in a nation where men and women with the virus are much stigmatised.

The Indonesian strategy involved placing up posters on commuter trains in the capital, Jakarta, stating that HIV can not be transmitted by way of mosquito bites, swimming and sneezing, or through human saliva and sweat.

But the printing business missed out the word “not” from the posters and failed to get final approval from officials. The error resulted in the banners reinforcing the quite beliefs they have been intended to challenge. Hundreds of posters have been plastered on trains at the weekend, but have been removed following the outcry.

“The ministry has to carry out a enormous and systematic awareness campaign to undo this blunder,” stated Aditya Wardhana, an activist from Indonesia Aids Coalition. HIV activist Fajar Jasmin tweeted that the botched campaign was a “stupid, fatal mistake”.

Senior overall health ministry official Muhammad Subuh said: “We have produced a public apology and now the banners are becoming removed and will be replaced with the correct ones. They omitted the word ‘not’ it was an honest mistake.”