Polity Podcast

Polity.org.za

Polity.org.za posts daily news reports covering the major issues of the day on our website, as well as weekly video interviews with some of South Africa's most respected thinkers in the political and economic environment.

  1. Sep 11

    Daily Podcast – September 11, 2026.

    Daily Podcast – September 11, 2026. For Creamer Media in Johannesburg, this is Polity's daily podcast. Making headlines: Parties lodge ethics complaint against Majodina over vulgar tirade against Kouga resident Two newly completed bridges, as part of Lesotho Highlands Water project, set to open And, BRICS finance chiefs call for urgent IMF, World Bank reform The EFF, DA and ActionSA have criticised Minister of Water and Sanitation Pemmy Majodina, following a highly contentious confrontation with a resident in the Eastern Cape. The incident, which has sparked widespread public outcry, has led to an official ethics complaint laid by the DA and ActionSA, and intensified the political temperature ahead of the November 4 local government elections. The controversy erupted during a community meeting in the Kouga local municipality, meant to address severe local water shortages. According to political parties, Majodina unleashed a tirade of profanities and insults at a community member who was questioning or criticising the government's performance. The DA and ActionSA lodged an ethics complaint with Parliament's Joint Committee on Ethics and Members' Interests, calling for Majodina's conduct to be investigated and for appropriate sanctions to be imposed by Parliament. ActionSA Member of Parliament Malebo Kobe criticised Majodina's behaviour as a flagrant breach of the Code of Ethical Conduct for Assembly and Council Members. As the construction of the Lesotho Highlands Water Project Phase II progresses, the newly completed Mabunyaneng and Khubelu bridges in the Mokhotlong district, in Lesotho, are set to be unveiled this week. This followed the completion of the 90-m-high Senqu bridge earlier this year. South Africa's Water and Sanitation Minister Pemmy Majodina and Lesotho's Natural Resources Minister Mohlomi Moleko planned to launch the bridges on Thursday. The two bridges, to be officially opened at Mabunyaneng bridge site, in Mapholaneng, form part of the restoration infrastructure portion of the LHWP to ensure continuous access across the future Polihali dam, as the two existing low-lying crossings on this route will be submerged when the reservoir is impounded. The Khubelu bridge, the second largest of the three bridges, features a 270-m-long curved deck comprising nine 30 m spans, supported by eight piers and two abutments. Rising approximately 25 m above the valley floor, the structure is carried by sixty-three 52 t precast beams, each 30 m in length. The Mabunyaneng bridge spans 120 m across the valley and consists of four 30 m spans, supported by three piers and twenty-eight precast beams, standing about 12 m above the valley floor. BRICS finance chiefs and central bank governors today reiterated calls for urgent reform of the International Monetary Fund and World Bank to give emerging and developing economies a greater say in the two institutions. The Bretton Woods institutions, created in the aftermath of World War II, should better reflect shifts in the global economy, they said in a joint statement, calling for increased IMF quota and voting shares for emerging and developing countries. They also backed greater representation of those economies in the leadership of the IMF and World Bank. The call is not new. BRICS has long pushed for developing nations to have greater influence in global financial institutions, arguing that their representation should reflect their growing weight in the world economy. That's a roundup of news making headlines today Don't forget to follow us on the X platform, at the handle @PolityZA

  2. Sep 10

    Daily Podcast – September 10, 2026

    Daily Podcast – September 10, 2026 For Creamer Media in Johannesburg, this is Polity's daily podcast. Making headlines: South Africa's current account records Q2 deficit as Iran war drives up import costs South Africa urged to lock in reforms before Ramaphosa leaves And, India hosts BRICS summit as Iran war tests bloc unity South Africa recorded a current account deficit in the second quarter after a strong surplus in the first three months of this year, as the Iran war drove import costs sharply higher, central bank data showed today. The current account deficit was 2.6% of gross domestic product in the second quarter, compared with a surplus of 2.3% in the first quarter of 2026, the South African Reserve Bank said. The deficit on the current account was R205.5-billion in April-June, compared with a surplus of R181.6-billion in January-March. The trade surplus narrowed sharply to R146.4-billion from R428.8-billion in the previous quarter. South Africa must enshrine its reform process in law to guarantee the momentum gained under President Cyril Ramaphosa endures after he leaves office, said the head of a key business lobby group. Business Leadership South Africa Chief Executive Officer Busi Mavuso said that the reform project is the most important project that is happening in this country. She explained that reducing government dominance in the country gives the country the resilience in order to continue functioning, irrespective of what happens in politics. Investors have warmed to Africa's largest economy as reforms begin to bear fruit, most visibly with the end of almost daily power cuts as the state-owned electricity utility improves its performance. South Africa's credit-rating has been upgraded, the much-maligned rand has strengthened, and the stock market hit a record high in February. But the legacy of corruption and mismanagement under Ramaphosa's predecessor, Jacob Zuma, still dogs an economy that has expanded at less than 1% annually for more than a decade. And with Zuma still a political force, there's apprehension whether the pro-growth track of Ramaphosa and his government coalition partners will survive the election cycle. The next general election isn't until 2029. But Ramaphosa will stand down as leader of the ANC — the country's biggest political party — in late 2027, and in the past the incoming head of the ANC has then become president. India will host the BRICS Leaders' Summit this weekend, seeking to lift the bloc's global profile even as the US-led war on Iran splits its membership, with Tehran and Abu Dhabi on opposing sides of the conflict. The September 12-13 summit in New Delhi comes more than six months after the US and Israel launched attacks on Iran, a BRICS member since 2024. The conflict has led to a virtual shutdown of the Strait of Hormuz, one of the world's key choke points in the oil trade, pushing crude prices to over $100 a barrel. BRICS member UAE, after being hit by Iranian missiles since the war began, suspended all trade and financial transactions with Iran in August. Foreign policy experts said the key test for the bloc will be finding language on the Middle East crisis that both Abu Dhabi and Tehran can accept, clearing the way for a joint declaration. Such a joint statement was unlikely to influence the current geopolitical landscape, but will demonstrate, for instance, that a forum of emerging countries could be united against economically debilitating policies like Western sanctions, they said. That's a roundup of news making headlines today Don't forget to follow us on the X platform, at the handle @PolityZA

  3. Sep 9

    Daily Podcast – September 09, 2026

    Daily Podcast – September 09, 2026 For Creamer Media in Johannesburg, this is Polity's daily podcast. Making headlines: South Africa's 3% inflation goal is robust, Central Bank study shows EFF heads to court over Parly's 'irrational' reversal on removal of impeachment evidence leader And, Congo extends state control over mining with bid to lock down geological data South Africa's 3% inflation target can withstand a range of economic shocks as expectations have become better anchored and more forward-looking, the central bank said in a new study. In the absence of major shocks, there's a 78% chance that inflation will remain between the central bank's 2% and 4% tolerance band, authors Theo Janse van Rensburg, Jeffrey Rakgalakane and Rudi Steinbach said in an economic note. South Africa formally lowered its inflation target to 3% in November with a 1 percentage point tolerance band, replacing the 3% to 6% range that had been in place for 25 years. The central bank had aimed for the band's 4.5% midpoint since 2017. Since the outbreak of the Iran war on February 28, the nation has faced mounting price pressures. Restrictions on traffic through the Strait of Hormuz, a key global supply route, has pushed up oil and fertiliser costs, raising inflation to 4.5% from 3% before the war started. The central bank responded by raising interest rates by 25 basis points in May to 7%, before pausing in July after revising its inflation forecasts lower and to support economic growth. The EFF has filed an urgent application at the Western Cape High Court, seeking to review and set aside Parliament's decision to rescind the appointment of Advocate Griffiths Madonsela as chief evidence leader of the Section 89 Impeachment Committee in the Phala Phala matter. The party contends that the Committee's sudden reversal represents a "dangerous capitulation" to executive overreach. According to the EFF, the legal challenge is vital to "safeguard the independence of Parliament from executive control" and to fortify the legislature's constitutional mandate to hold the executive accountable without fear or favour. The EFF officially nominated Madonsela for the role on July 22. Following the nomination, parliamentary officials questioned Madonsela regarding potential conflicts of interest, specifically whether any past dealings with President Cyril Ramaphosa would cloud his judgment. Democratic Republic of Congo plans to tighten control over geological data that guides billions of dollars in mining exploration, potentially extending state influence over the development of future mineral discoveries. The country is accelerating geological mapping, airborne surveys and digitisation of historical archives to build a comprehensive national geological databank on its critical minerals and reduce exploration risk, officials say. The plan will tighten Kinshasa's grip on the world's biggest cobalt producer and second-largest copper supplier, according to an official and seven industry sources, and could be even more significant than the country's policies that reshaped the global cobalt market, some analysts say. A nationwide geological mapping programme has gained momentum this year after a $180-million contract with Spain's Xcalibur, a global leader in geodata mapping, began in January, Raoul Wazenga Vitima, director general of the National Geological Survey of Congo, told Reuters. That's a roundup of news making headlines today Don't forget to follow us on the X platform, at the handle @PolityZA

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Polity.org.za posts daily news reports covering the major issues of the day on our website, as well as weekly video interviews with some of South Africa's most respected thinkers in the political and economic environment.

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