Mantashe disappointed in those pushing rumours of his possible removal

Gwede Mantashe Secretary General of the African National Congress addresses the media during a press briefing at Luthuli House in Johannesburg

South Africa's ruling African National Congress (ANC) on Tuesday expressed concern about the instability in Zimbabwe while dismissing intervention proposals.

The African National Congress is confident of a successful 54th National Conference to be held from the 16th to the 20th December 2017.

News24 has learnt that some branches failed to reach quorum, forcing meetings to be abandoned.

Mantashe said the NEC also reviewed the current disruptions in the Eastern Cape. Teams have been appointed to attend to disputes in KwaZulu-Natal, the Eastern Cape and the Northern Cape, said Mantashe.

"The NEC received a report on the appeal of the Lower South Coast Region in KZN". The REC was however expected to continue doing its work in all other areas, including the overseeing of Branch General Meetings.

Mantashe said dispute teams consisting of NEC members had been deployed across the country to address objections and complaints about branch general meetings.

Swiss HSBC settles French tax fraud dispute
HSBC's Swiss private bank said it is ending a long-running French investigation over offshore accounts by paying a fine. It also said that two former directors of HSBC's Swiss private bank remained subject to possible legal action.

They also claim that the conference did not legitimately elect a new leadership and they want the conference overturned.

At least 5,240 voting delegates are expected at the much awaited conference in Johannesburg in mid-December. Instead a task team has been set up to look into an appeal against the September conference where the Ramaphosa-aligned former secretary, Oscar Mabuyane, was elected chairman.

Mantashe said the violent conduct displayed at that conference was against the party's values and culture.

ANC chief whip Jackson Mthembu said on Twitter there has not been any discussions to remove Mantashe.

"The NEC resolved to institute an appeal panel in the Eastern Cape which will be composed of four NEC members supported by three (technical resource persons)".

At the meeting, the NEC resolved to uphold the decision of the PEC. The four NEC members are Comrades Sbu Ndebele (Chairperson), Rejoice Mabudafhasi, Joyce Moloi-Moropa and Sdumo Dlamini.

Related:

  • European Tour Fantasy Golf Picks & Predictions

    European Tour Fantasy Golf Picks & Predictions

    Interestingly, Garcia looks to be using new clubs this week after being spotted playing with Callaway equipment . As long as Rose doesn't finish in the top five and Garcia doesn't win, Fleetwood will lift the trophy on Sunday.
    Unbiased Equity Research: Big Lots, Inc. (BIG), Chesapeake Energy Corporation (CHK)

    Unbiased Equity Research: Big Lots, Inc. (BIG), Chesapeake Energy Corporation (CHK)

    Kennedy Capital Management Inc. lifted its position in shares of Chesapeake Utilities Corporation by 61.7% during the 2nd quarter. The company's net income for the quarter ended September30 was $6.8 million, compared to$4.4 millionfor the same quarter of 2016.
    Ford Motor Company (F) Holdings Trimmed by Brookstone Capital Management

    Ford Motor Company (F) Holdings Trimmed by Brookstone Capital Management

    Following the completion of the transaction, the insider now owns 16,230 shares of the company's stock, valued at $586,227.60. The value of the investment in Ford Motor Company went from $89,005,000 to $91,000,000 a change of 2.2% quarter to quarter.
  • 'It' Writer Tackling 'Are You Afraid of the Dark?' Movie for Paramount

    'It' Writer Tackling 'Are You Afraid of the Dark?' Movie for Paramount

    The show centered on a (fictional) group called "The Midnight Society", who told spooky stories around a campfire. And like all good '90s childhood nostalgia, it must be adapted into a film.
    Rose McGowan Arrested Over Felony Cocaine Warrant

    Rose McGowan Arrested Over Felony Cocaine Warrant

    The Metropolitan Washington Airports Authority Police Department obtained the arrest warrant on February 1. Police say they had attempted to contact McGowan so she can appear in a Loudoun County, Virginia, court.
    Taylor Swift's 'Reputation' sells a million copies in four days

    Taylor Swift's 'Reputation' sells a million copies in four days

    Swift reportedly kept " Reputation " off streaming services like Apple Music and Spotify for the first week of release. The singer's long-awaited sixth album arrived just before midnight and naturally it's been all the buzz.
  • Stock Buzz: BB&T Corporation (BBT)

    The insurance provider reported $0.78 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.78. The value of the investment in BB&T Corp went from $151,665,000 to $152,035,000 a change of 0.2% quarter to quarter.
    The Game Awards gears up for show with nominees list

    The Game Awards gears up for show with nominees list

    In 2017, " Super Mario Odyssey " and "Zelda: Breath of the Wild" have been welcomed as two of the best games of all time. The full list of nominations can be found here , along with instructions on how to vote for your favourite.
    Include Bharat-22 ETF in your satellite portfolio

    Include Bharat-22 ETF in your satellite portfolio

    The new ETF has 22 companies spread across six sectors compared to just 10 stocks spread across five sectors in the CPSE ETF. The ETF will help the government meet its ambitious Rs72,500 crore disinvestment target for the current fiscal.
  • Sirius XM Holdings Inc. (NASDAQ:SIRI) Undervalued by 8

    Sirius Xm Hldgs Inc (Put) now has $24.54B valuation. (SIRI) analysts on average have given a price target of $35.76 on SIRI stock. Sirius XM Holdings Inc.'s Average Earnings Estimate for the current quarter is $0.05, according to consensus of 14 analysts.
    NBC Fires Executive Accused of Sexual Harassment

    NBC Fires Executive Accused of Sexual Harassment

    Zimmerman had been with NBC since 2004 and worked mostly on the Today Show. "As a result he has been dismissed", NBC News said in a statement .
    Jack Sock wins at ATP World Tour Finals despite 4am fire alarm

    Jack Sock wins at ATP World Tour Finals despite 4am fire alarm

    Federer and German third seed Alexander Zverev meet in Tuesday's second match in the Boris Becker Group. "It was probably one of the most annoying noises I've ever heard in my entire life", Sock said.

Comments

Latest news

Coleman urges Bale 'go for happiness'
Madrid are now said to be regretting their decision to stick with Bale and have lost patience with him following his latest injury setback, according to AS.

The Crescent Point Energy Corp (CPG) Price Target Raised to C$21.00
It has underperformed by 16.70% the S&P500.The move comes after 9 months positive chart setup for the $117.75 million company. Shares of Crescent Point Energy Corporation (CPG) traded down $0.18 during mid-day trading on Monday, hitting $8.41.

CME CEO: Bitcoin Futures Could Begin Trading As Soon As December
Speaking with CNBC , Duffy revealed that CME plans to launch bitcoin futures trading during the second week of December. CME's venture into the cryptocurrency space also brings about something new - shorting Bitcoin.

Hot On The Charts: Arrowhead Pharmaceuticals, Inc. (ARWR), Cisco Systems, Inc. (CSCO)
In the most updated research from a number of analysts on Wall Street, the company gets 18 Buys and 0 Sell among 27 analysts. Carlton Hofferkamp And Jenks Wealth Mgmt Limited Liability invested 0.22% of its portfolio in Cisco Systems, Inc .

Mahindra Scorpio launched in India; prices start at Rs 9.97 lakh
The new Mahindra Scorpio now comes with an enhanced mHawk engine to deliver higher power of 103 kW (140 bhp) and torque of 320 Nm. The Scorpio would take on the likes of Tata Safari Storme, Hyundai Creta and Renault Duster.

Dearborn Partners LLC Purchases 9520 Shares of Automatic Data Processing (NYSE:ADP)
The average twelve-month target price among brokers that have updated their coverage on the stock in the previous year is $110.39. The firm has "Buy" rating by Canaccord Genuity given on Friday, June 16. (NYSE:PEP) on Thursday, July 6 with "Buy" rating.

(PYDS) Reaches $2.73 After 8.00% Up Move; Ycg Raised Nike (NKE) Holding
Moreover, State Of Wisconsin Investment Board has 0% invested in New Residential Investment Corp (NYSE:NRZ) for 61,190 shares. According to their observations and findings, the stock could provide a high EPS of $0.58/share and a low EPS of $0.35/share.

Singapore workers to get 2.7% pay increase in 2018
ECA's projected wage growth ranks Singapore ninth out of the 20 countries surveyed in the Asia-Pacific region and 14th globally. Its Salary Trends Reports analyse current and projected salary increases for local employees in 72 countries across the world.

After three appeals, NCAA clears State guard Braxton Beverly
He should contribute off the bench at NC State because of his outside shooting and ability to create coming off ball screens. But " based on additional information ", the NCAA reconsidered and made the smart, obvious decision.

Reese Witherspoon & Zendaya Are Teaming Up on New Film 'A White Lie'
This isn't Zendaya's first time taking on the double role of both actress and executive producer. She will also reprise her role as Michelle Jones in the Spider-Man sequel opposite Tom Holland .

Food could be left to rot and massive queues
A government spokesman said the CDS would be able to cope with a "significant increase" in customs declarations at the UK's border.

Parametric Portfolio Associates LLC Increases Position in First Potomac Realty Trust (FPO)
Following the completion of the sale, the director now owns 917,530 shares in the company, valued at approximately $28,902,195. The real estate investment trust reported $0.41 EPS for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.25.

Trump's approval rating is near his personal low
The latest figures include 28% who Strongly Approve of the way Trump is performing and 45% who Strongly Disapprove. The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 44% of Likely U.S.

San Marcos Investigating Death Of Texas State Student
Trauth said she was "deeply saddened" by Ellis' death and was suspending all fraternity and sorority activities at the school. KENS 5 has reached out to local and national representatives for the fraternity, but have not received a response.

Panthers rookie wide receiver Curtis Samuel out for the season
Samuel left Monday's game in the third quarter after a Dolphins defensive back fell on Samuel's leg and rolled on his ankle. The Panthers later confirmed the news that Samuel was set to have season-ending surgery.

Other news