News 07:00

BULLETIN 25 June 7 am

Good morning. I am……..

In this bulletin:

# Julius Malema plans to table a motion against the Speaker of the National Assembly
# MISA urges its members not to join the March and March protests
# And the Commonwealth Games: A strong Team SA is selected for the Glasgow Games

# EFF leader Julius Malema says they plan to table a motion in Parliament, calling for National Assembly Speaker Thoko Didiza to relinquish her oversight role over the Impeachment Committee. This comes after Didiza elected not to oppose president Cyril Ramaphosa’s application to interdict impeachment proceedings against him. Malema says the speaker acted wrongfully by not opposing the president’s interdict, adding that she has failed to protect Parliament:

# The Motor Industry Staff Association says it does not support unlawful conduct, violence or vigilantism, but acknowledges that public frustrations over unemployment, crime and border management are understandable. The union has urged its members not to join the March and March protests on 30 June. The association’s Phakamile Hlubi-Majola says the protest is not protected by labour law and could lead to disciplinary action, including dismissal:

# The Institute of Race Relations says South Africa’s mining sector is operating well below its potential and needs urgent reform to restore its contribution to the economy. According to the institute, mining’s share of gross domestic product has dropped from 21-percent in 1980 to about seven-percent, with thousands of jobs lost and falling investment in exploration. The institute’s Terence Corrigan blames the current mining regulatory framework, including licensing delays and ownership requirements, which weaken investor confidence.

# Auditor-General, Tsakani Maluleke, has condemned deteriorating financial health, collapsing service delivery, degrading infrastructure, and very poor consequence management in Gauteng municipalities. Out of the province’s eleven municipalities, only Midvaal and West Rand received clean audits. Johannesburg’s standalone audit regressed from an unqualified audit opinion to a qualified audit opinion in the 2024/2025 financial year, after the metro failed to correct material errors identified during the audit process. Maluleke says Johannesburg requires urgent intervention from both oversight structures and the executive.

# The International Atomic Energy Agency says it will carry out inspections in Iran soon, following an interim peace accord between the United States and Tehran. This is despite conflicting statements from Iran and Washington. Iran’s Foreign Ministry insists that access to its damaged nuclear facilities and nuclear material would only be addressed within the framework of a final deal. US President Donald Trump claimed Iran agreed to major nuclear inspections in perpetuity. Agency head Rafael Grossi says the modalities have yet to be finalised:

# Commonwealth Games: South African Sports Confederation and Olympic Committee has announced a strong group of athletes who will represent the country at the Commonwealth Games in Glasgow. The country will have representation in athletics, swimming, boxing, gymnastics, para athletics, netball, judo, bowling, weightlifting, cycling, and wheelchair basketball. Some of the athletes include Chad Le Clos, Akani Simbine, Caitlin Rooskrantz, Bridget Calitz, Erin Gallagher, and Prudence Sekgodiso. The Commonwealth Games will take place between 23 July and 2 August in Scotland.

# And the financial indicators: The dollar trades at 16-rand-55-cents and the euro at 18-rand-80-cents. One British pound costs 21-rand-80-cents and Bitcoin trades at 60-thousand-774-dollars. Gold sells at three-thousand-997-dollars-78-cents a fine ounce and Brent crude oil is quoted at 72-dollars-93-cents a barrel.

Stay tuned for more news………….