In a future ruled by Zuma, Manuel could tip the balance

February 16, 2009

Dodgy people are lurking in the upper ranks of the ANC – joined last week by axed national spokesperson Carl Niehaus, who seems unable to pay even his laundry bill without obfuscation. On top of the election pile – which includes Niehaus – is party leader Jacob Zuma.

Zuma may well not have a guilty bone in his body, but he will lead the governing movement into the April 22 election with more than a question mark hanging over his head. In any normal democracy, this would not be an ideal team of people to include on one’s election lists.

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NHFC to scale up operations

February 16, 2009

The National Housing Finance Corporation (NHFC) plans to raise about R1.6 billion in its next financial year and a total of about R5 billion over the next three years to increase the scale of its operations.

Samson Moraba, the NHFC chief executive, said on Friday that a bond issue was the most likely route it would take in raising these funds.

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