News 09:00

BULLETIN 29 November 9 am

Good morning. I am……..

In this bulletin:

# The president of the ANC Youth League says Ramaphosa is here to stay
# The Rea Vaya bus service resumes following an interdict
# And Cyprus wants to join NATO with help from the United States

# ANC Youth League president Collen Malatji says the EFF and the ATM are wasting their time by trying to revive parliamentary processes to remove president Cyril Ramaphosa. This as the parties approached the Constitutional Court earlier this week, challenging the National Assembly’s decision not to adopt the section 89 panel report on the Phala Phala scandal. Malatji says the EFF and ATM are trying to use Phala Phala and the name of the president to revive their relevance. He adds that they will make sure that Ramaphosa finishes his second term.

# Parliament’s portfolio committee on Employment and Labour has welcomed the progress made in repositioning the Unemployment Insurance Fund and the Compensation Fund. The two entities will be independent from the Department of Employment and Labour. Restructuring of the two funds, based on a PwC report published in September last year, envisages upgrading the IT systems, organisational restructuring, employing suitably skilled staff, and improving service delivery. Committee chairperson, Boyce Maneli, described the repositioning project as a breath of fresh air:

# Phase one A of the Rea Vaya feeder buses are resuming operations in Soweto this morning following an interdict obtained by the Passenger Insurance Organisation. This comes after disruptions by taxi associations due to wrong registration number plates on the buses. City of Johannesburg mayoral committee member for Transport, Kenny Kunene, told Newzroom Afrika that the legal order prohibits a taxi association from interfering with operations, ensuring the safety of Rea Vaya staff and customers:

# Cyprus is aiming to join NATO and is in talks with the United States to meet the conditions for entering the military alliance. NATO member Turkey opposes Cyprus’s potential membership, as it does not recognise the government in the island’s Greek-speaking south. Cyprus has been divided since 1974, when Turkey invaded the north in response to a Greek-backed coup. More than 30-thousand Turkish troops remain stationed on the island.

# Soccer: Manchester United made a winning start under new boss Ruben Amorim at Old Trafford, defeating Bodo/Glimt three-two in the Europa League. Two goals from Rasmus Hojlund and one from Alejandro Garnacho boosted United’s chances of automatic qualification for the last 16. Chelsea made it four wins from four in the competition after beating Heidenheim two-nil, while Tottenham played to a two-all draw against Roma. Amorim says there are some improvements that he can see from his players:

# And the financial indicators: The dollar trades at 18-rand-4-cents and the euro at 19-rand-8-cents. One British pound costs 22-rand-94-cents and Bitcoin trades at 96-thousand-368-dollars-46-cents. Gold sells at two-thousand-660-dollars-39-cents a fine ounce and Brent crude oil is quoted at 72-dollars-88-cents a barrel.

Stay tuned for more news………….