Wpid Money Growth

— The government will maintain policy continuity and remains committed to fast-tracking economic reform aimed at lifting economic growth, the Treasury’s director-general, Lungisa Fuzile, says.


The three major ratings agencies have voiced concern at what they say are likely to be negative effects from the outcome of last week’s local government polls.(Business Day)
— National Treasury has moved to soothe concerns by ratings agencies about government spending and populist policies, following the local government elections.


The ANC suffered embarrassing losses in the elections, held on Wednesday last week, as support for the party nose-dived from 61.9 percent in 2011 to 53.91 percent in 2016. (Fin24)
— A group of 36 illegal Malawian migrants appeared in a South African court on Monday, after it was suspected that they were going to be sold for cheap labour, the special anti-crime unit Hawks said on Monday.

The driver and a passenger are facing charges of human smuggling and violation of the Immigration Act. The other 34 were charged with violating the Immigration Act. (News24) Enditem

Source: Xinhua/News Ghana


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