May 15, 2012

For Creamer Media in Johannesburg, I’m Reggie Sikhakhane.

Making headlines:

Expelled ANC Youth League leader Julius Malema denies receiving money from government minister Tokyo Sexwale.
However, he says he would have welcomed such a donation.
Malema was responding to a report in City Press over the weekend.
According to the report, a company started and partly owned by Sexwale had paid at least R100, 000 into Malema’s Ratanang Trust.

Regional bloc ECOWAS is threatening to impose new sanctions on Mali's coup leaders and their allies, accusing them of blocking a return to civilian rule and further destabilising the divided nation.
Mali's neighbours and donors are furious that the officers who led a March 22 coup are still meddling in politics despite a pledge to stand down.

The head of Eskom's delivery unit, Kannan Lakmeeharan says their resolve is not to load-shed, but there are no guarantees. It can be prevented but it will require extraordinary effort and immediate action.
Load shedding poses a threat to the reputation of the continent's most sophisticated economy as a solid destination for investment.

Also making headlines:

South Africa is looking to strengthen its social security system by encouraging a higher savings rate among its highly indebted households.

And, a survey has shown that South Africans are divided on whether it is time to change the Constitution.

That’s a round-up of news making headlines today.