Daily Podcast – May 30, 2016

30th May 2016 By: Sane Dhlamini - Creamer Media Senior Contributing Editor and Researcher

Daily Podcast – May 30, 2016

May 30, 2016.
For Creamer Media in Johannesburg, I’m Sane Dhlamini.
Making headlines:

Presidency dismisses reports that Zuma refused to fly in official aircraft

An economist says SA is on 'almost inevitable' path to junk

And, DA to complain to Icasa as SABC refuses to air election ads

 

The presidency on Sunday dismissed reports that President Jacob Zuma refused to fly in his official aircraft Inkwazi for fear of sabotage of the aircraft.

The presidency said it was “disturbed by yet another misleading story in Naspers titles” about Zuma’s aircraft and flights.

It said the president didn’t refuse to fly in any aircraft as reported instead they requested that a reliable aircraft be made available on 23 May 2016 in order to avoid another inconvenience too soon after Qatar.

 

South Africa is on an "almost inevitable" path to junk status without a large enough crisis to jolt it into gear and engender fundamental change in how things are done, said Nomura emerging markets economist Peter Attard Montalto.

He explained that it was a story of the grinding underperformance of an economy held back by uncertainty, lack of policy cohesion, lack of key reforms and frequent policy mistakes.

With S&P's rating update for South Africa due on June 3, Montalto said that ratings agencies "were not the fastest moving entities, and SA was not the most dramatic 'flash bang, fiscal cliff, sudden stop, recession' story".


The DA will lodge a formal complaint with the Independent Communications Authority of South Africa (or Icasa) about the SABC’s refusal, once again, to air the DA’s election advertisements, the party said yesterday.

DA national spokesperson Phumzile van Damme said the SABC had informed the DA that it had no available slots for political advertisements at this time due to delays in the IEC’s work with respect to the elections.

She said this was nothing but a poor excuse by the SABC in order to censor the DA’s political advertisement as had become standard during election time.
The DA will be lodging a formal complaint with Icasa.

 

Also making headlines:

Sanco satisfied with ANC national list conference.

Julius Malema said South Africans who voted for the ANC had only themselves to blame if their service delivery needs were not met.

And, ANC said SABC decision was not censorship.

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That’s a roundup of news making headlines today