“NO ELECTRICITY, NO VOTE,” SOUTH AFRICANS THREATEN TO SHUN RULING PARTY ANC. (PHOTO)

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 “No electricity, no vote,” South Africans threaten to shun ruling party ANC Residents in Katlehong, a township outside Johannesburg, have resolved to boycott South Africa's upcoming local elections on November 4 due to long-standing failures by authorities to provide basic services like electricity. For over 20 years, around 180 households in the community have relied on illegal electrical connections pulled from neighboring areas to power their homes. Angry over the lack of formal grid infrastructure, residents are directing their frustration at the ruling African National Congress (ANC). "We have made a collective decision: no electricity, no vote," said community leader Lesiba Rankapole, 59. "We know it is illegal, but we had no choice because we cannot live without electricity. Our children cannot progress without electricity." "I was born ANC, but today I do not want anyone to tell me about the ANC because I am suffering," added 57-year-old resid...

CBN GOVERNOR ANNOUCED THE IMMEDIATE STOPPAGE OF FOREX SALE TO LICENSED BUREAUX DE CHANGE.{PHOTO}.#PRESS RELEASE.


Excerpts from 280th MPC press briefing


CBN Governor, Mr. Godwin Emefiele, announces immediate stoppage of Forex sale to licensed Bureaux de Change (BDCs)


CBN suspends issuance of new licenses for operation of Bureau de Change (BDC)


CBN directs Deposit Money Banks to sell forex directly to customers with minimal documentation for invisibles


InfraCorp unveiling still on course for Q3 of 2021 - Emefiele


Emefiele assures of support to youth to develop their entrepreneurial skills


Emefiele reiterates that the strategic health of the Nigerian banking industry remains strong


#CBN #MPC July 2021 MPC meeting votes unanimously to retain MPR at 11.5%


#CBN #MPC retains CRR at 27.50 per cent and liquidity ratio at 30 per cent


#CBN #MPC maintains Asymmetric Window of +100 and -700 basis points around the MPR.

One more photo below.



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