Two-day talks between stakeholders were concluded, with Deputy Prime Minister Monyane Moleleki and South African mediator Jeff Radebe signing an agreement which stated that, among other things, the processes of Parliament must continue to ensure that Mr Thabane will leave office with “dignity, grace and security”.
Mr Thabane prorogued Parliament (without stipulating when it would reassemble) in June to avoid a no-confidence vote brought by his own party.
One of the great forgotten fronts of the budget story every year is small business. Every year the politicians say small businesses are the future when it comes to creating jobs, and they're going to make life easier for them. So what do small businesses want? CNBC Africa's Chris Bishop visited a small manufacturing company in Johannesburg that makes uniforms for hotels and game lodges across Southern Africa to speak to Issac Makunyane, CEO of Morento about their budget expectations.
CNBC Africa's political economy reporter, Karabo Letlhatlha spoke Benguela Global Fund Managers, a shareholder in Shoprite. They also laid charges against Markus Jooste after the Steinhoff scandal broke. Karabo spoke with them about their thoughts on the developments in parliament.
It wasn’t me, I am not to blame, ex-Steinhoff boss Markus Jooste told South African law makers who are trying to get to the bottom of the biggest corporate scandal in South Africa's history that's lost a lot of people a lot of money.
A new tax of $0.05 per day on social media took effect on July 1, 2018 in Uganda. This has received uproar from Ugandans and has seen a group of influencers file a law suit against the government and others petitioning the speaker of parliament to recall parliament from recess and rescind the law that approved taxes on social media and mobile money. For more on this, CNBC Africa is joined by Kenneth Agutamba, Chief Strategist at ICS.