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Daily Podcast – July 10, 2018

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Daily Podcast – July 10, 2018

Daily Podcast – July 10, 2018

10th July 2018

By: Thabi Madiba
Creamer Media Research Assistant and Reporter

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For Creamer Media in Johannesburg, I’m Thabi Madiba.

Making headlines: Zikalala says expropriation will focus on commercial land; Eskom welcomes apology and R902-million from McKinsey; And, climate Change Bill heads to the North West

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Zikalala says expropriation will focus on commercial land

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The African National Congress's proposed land expropriation policy focuses primarily on commercial land and how it can benefit South Africans economically, said KwaZulu-Natal task team coordinator Sihle Zikalala.

Speaking at the ANC KZN land summit in Durban yesterday, Zikalala said the ANC has always been clear, since the party's June policy conference that it wants expropriation without compensation but that it wants commercial land to economically assist black people in particular.

Zikalala said there has been media hype and political posturing around the issue. He said commercial land was the end game for the party.

He said those saying the ANC wants to take the land from the Ingonyama Trust are wrong and added that the ANC has a good, respectful relationship with the king.

President Cyril Ramaphosa and Deputy President David Mabuza on Friday met with King Goodwill Zwelithini and other traditional leaders to assure them that land under their control was not under threat of expropriation.

 

Eskom welcomes apology and R902-million from McKinsey

Eskom yesterday welcomed McKinsey's apology to South Africans and confirmed it received R902-million from the global consultancy firm.

Eskom Group Chief Executive Phakamani Hadebe said the payment goes a long way towards the utility's quest to address the issues of lost funds and regaining trust.

Hadebe said the apparent lapses in Eskom's own governance processes coupled with improprieties around - and mismanagement of – its procurement process led to a loss of trust in Eskom, its processes and its people.

He said Eskom commits to root out financial mismanagement and malfeasance and will continue to work with the National Treasury, Special Investigative Unit, South African Police Service,  Hawks, National Directorate of Public Prosecutions and the Zondo Commission in addressing corruption.

 

And, climate Change Bill heads to the North West

Public consultations on the National Climate Change Bill will be held in Rustenburg in the North West today, to allow for public comments on the Bill.

The purpose of the Bill is to build an effective climate change response and ensure the long-term, transition to a climate resilient and lower carbon economy and society.

The objectives of the proposed Act are to provide for the coordinated and integrated response to climate change and its impacts by all spheres of government in accordance with the principles of cooperative governance, as well as provide for the effective management of inevitable climate change.



 

That’s a roundup of news making headlines today

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