- The African National Congress (ANC) will provide an update on the outcomes of its National Executive Committee (NEC) meeting and lekgotla, during which party executives reflected on performance in the latest general election. Data presented during the meetings showed that around a quarter of ANC-led municipalities are dysfunctional, with the party resolving to form a special task force to address service delivery at the local level ahead of the 2026 local elections.
- Financial Action Task Force (FATF) Deputy Commissioner Farzana Badat said that South Africa needs to demonstrate more political will to be taken off the global dirty-money grey list.
- The Congress of South African Trade Unions (COSATU) said it would be demanding double-digit salary increases for government employees during the upcoming round of public-sector wage negotiations.
- South Africa's June manufacturing production data will be published at 12:00BST/13:00SAST. Economists polled by Bloomberg expect a contraction by 0.9% Y/Y, according to the consensus forecast.
SOUTH AFRICA: ANC To Update On Lekgotla Outcomes, Industrial Output On Tap
Last updated at:Aug-08 06:31By: Krzysztof Kruk
South Africa
- The African National Congress (ANC) will provide an update on the outcomes of its National Executive Committee (NEC) meeting and lekgotla, during which party executives reflected on performance in the latest general election. Data presented during the meetings showed that around a quarter of ANC-led municipalities are dysfunctional, with the party resolving to form a special task force to address service delivery at the local level ahead of the 2026 local elections.
- Financial Action Task Force (FATF) Deputy Commissioner Farzana Badat said that South Africa needs to demonstrate more political will to be taken off the global dirty-money grey list.
- The Congress of South African Trade Unions (COSATU) said it would be demanding double-digit salary increases for government employees during the upcoming round of public-sector wage negotiations.
- South Africa's June manufacturing production data will be published at 12:00BST/13:00SAST. Economists polled by Bloomberg expect a contraction by 0.9% Y/Y, according to the consensus forecast.
