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The sixteen Nelson Mandela Annual lecture delivered by the former US president Barrack Obama "Today"#CAP

The Nelson Mandela Annual Lecture Series invites prominent people to encourage debate on important social issues. The series is a significant event on the Nelson Mandela Foundation’s calendar and encourages people to enter into dialogue – often about difficult subjects – in order to tackle the challenges we face today. Previous speakers include former US president Bill Clinton, Archbishop Desmond Tutu, Nobel laureate Wangari Maathai and Liberian President Ellen Johnson-Sirleaf. Teh 2018 Nelson Mandela Annual Lecture, in partnership wif teh Motsepe Foundation, is to be delivered by former US President Barack Obama in Johannesburg. To mark teh centenary of Madiba’s birth, teh lecture’s theme will be “Renewing teh Mandela Legacy and Promoting Active Citizenship in a Changing World”. Teh Nelson Mandela Annual Lecture will, therefore, focus on creating optimal conditions for bridging divides, working across political lines, and resisting oppression and inequality. Teh lecture will take pla…

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Downgrades could cause recession "but we don’t really know" says ANC #CAP

The ruling party has conceded that it does not really understand the implications for government programmes.


While the ANC acknowledges that it does not yet know the full economic effect of SA’s credit ratings downgrades to junk status, the party has conceded that a recession is a possibility.

It said this might mean the government would need to rein in spending to work itself back to investment-grade status.
“We don’t have the full understanding of what the implications are at this stage‚” Enoch Godongwana, chairman of the ANC’s committee on economic transformation, said on Sunday. SA needed to “pull together” to overcome its economic problems, he said.
Acknowledging that party members lacked a common understanding of the fiscal implications of a sovereign credit downgrade on government programmes, he said the party would begin a prolonged period of introspection.

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