News 09:00

BULLETIN 5 June 9 am

Good morning. I am……..

In this bulletin:

# The EFF rejects the adoption of the fiscal framework and revenue proposals
# The FF Plus calls on Ramaphosa to be transparent on the signing of the NHI Act
# And Donald Trump signs an order restricting foreign student visas at Harvard University

# The EFF says it firmly rejects the report of Parliament’s standing committee on Finance, which adopted the 2025 Fiscal Framework and Revenue Proposals tabled by Finance minister Enoch Godongwana last month. The passing of the fiscal framework is a key step in the budgeting process. The framework establishes economic policy and revenue projections and sets the overall limits to government spending. The EFF says the framework does nothing to grow the economy, build productive capacity, or insulate the poor from the cost-of-living crisis.

# The Freedom Front Plus is calling on president Cyril Ramaphosa to explain to South Africans why he signed the National Health Insurance Act into law shortly before last year’s elections. This as the president has appealed to the Constitutional Court to overturn a high court ruling, that he gives reasons for assenting to the NHI Act. FF Plus’, Philip van Staden, says Ramaphosa’s appeal is suspicious:

# Cape Town mayor Geordin Hill-Lewis says the vast majority of illegal firearm cases in the metro never make it to trial due to the broken criminal justice system. A SAPS media release claims conviction rates of 80-to-90-percent in illegal firearm court cases. Hill-Lewis says over four years, only five-percent of convictions were secured of the one-thousand-670 cases of illegal guns seized by city officers:

# US president Donald Trump has signed an executive order restricting foreign student visas at Harvard University. Last month, the administration revoked Harvard’s ability to enrol foreign students, but a federal judge temporarily blocked the move. The university’s international students make up about 27-percent of the student body. Trump says Harvard has failed to present sufficient information about its foreign students to the federal government. The White House says this latest move is an attempt to safeguard national security, accusing Harvard of having concerning foreign ties and radicalism.

# Tennis: Three-time champion Novak Djokovic has set up a mouthwatering semifinal clash with world number one Jannik Sinner at the French Open. The 38-year-old Serbian defeated last year’s finalist Alexander Zverev of Germany, 4-6, 6-3, 6-2, 6-4, as he continues his bid for a record-breaking 25th Grand Slam title. Sinner eased past Alexander Bublik of Kazakhstan, 6-1, 7-5, 6-0, becoming the first Italian man in history to reach six Grand Slam semifinals. Djokovic is expecting a tough match against Sinner:

# And the financial indicators: The dollar trades at 17-rand-83-cents and the euro at 20-rand-34-cents. One British pound costs 24-rand-15-cents and Bitcoin trades at 105-thousand-198-dollars. Gold sells at three-thousand-368-dollars-24-cents a fine ounce and Brent crude oil is quoted at 64-dollars-44-cents a barrel.

Stay tuned for more news………….