News 11:00

BULLETIN 13 November 11 am

Good morning. I am……..

In this bulletin:

# The chairperson of the AU Commission says the US’ boycott of the G20 summit is unfortunate
# Julius Malema says the summit’s success will show Donald Trump he is not the alpha and the omega
# And rugby: The Bok Women’s Sevens are ready for the Africa Cup in Kenya

# African Union Commission chairperson, Mahamoud Ali Youssouf, says it is unfortunate that the US has decided to boycott the upcoming G20 leaders’ summit in South Africa. US president Donald Trump indicated last week that South Africa should not be in the G20, expressing his views on alleged human rights abuses directed at the white Afrikaner community. This has been rejected by government. Youssouf says South Africa hosting the summit is a milestone and reflects the country’s growing role in global governance:

Meanwhile, EFF leader Julius Malema says the upcoming summit will be a success without the US, which will demonstrate to Trump he is not the alpha and omega of the world. Malema says Trump knows very well that there is no genocide in the country:

# Energy regulator Nersa says all municipal electricity tariffs for 2025/26 remain valid despite AfriForum’s court challenge. The High Court in Pretoria is still considering AfriForum’s proposed timelines for tariff submissions, with a final decision expected next week Tuesday. Nersa’s Charles Hlebela says the regulator followed a full public consultation process, including a 30-day comment period, and all 177 municipalities submitted tariff applications based on proper cost of supply studies, a first in 20 years.

# Civil society organisations are calling for a forensic investigation into the farm worker equity schemes. The schemes are intended to economically empower farm workers by giving them equity in the farms or agribusinesses in which they were employed, as a means of social upliftment and redress. Of 88 schemes launched from 1996 to 2008, only nine ever declared dividends. The organisations told Parliament despite over 700-million-rand in public investment, very few of these schemes have delivered any meaningful returns to farm worker beneficiaries.

# Rugby: Stand-in Springbok Women’s Sevens head coach, Cecil Afrika, says he has confidence in the players he has picked for the Africa Women’s Sevens Cup in Kenya this weekend. South Africa is in Pool A along with Zambia, Ghana, and Egypt, and needs a top-two finish to continue their quest to claim Sevens Challenger Series qualification. The 12-player squad is led by Nadine Roos. Afrika says they are in control of their own destiny and ready for the challenge:

# And the financial indicators: The dollar trades at 17-rand-4-cents and the euro at 19-rand-75-cents. One British pound costs 22-rand-37-cents and Bitcoin trades at 103-thousand-913-dollars. Gold sells at four-thousand-216-dollars-72-cents a fine ounce and Brent crude oil is quoted at 62-dollars-44-cents a barrel.

Stay tuned for more news………….