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Top news items in major S. African media outlets

Xinhua, September 17, 2016 Adjust font size:

The following are highlights of South African major news outlets on Saturday.

-- The office of the public protector says it is assessing the merit of a request by Mzwanele "Jimmy" Manyi that it investigate Barclays CEO Maria Ramos for probable maladministration and corruption on a contract with transportation company Transnet.

Two weeks ago Manyi filed complaints with the public protector against Finance Minister Pravin Gordhan, former finance ministers Trevor Manuel and Nhlanhla Nene and now Ramos, during her time as CEO of the freight and logistics company. (Business Day)

-- South Africans need to promote a positive narrative to ignite investor confidence and avoid a credit downgrade to junk status.

This was inferred by President Jacob Zuma, who was speaking at a press briefing on Friday at the Union Buildings. The president gave feedback on the outcomes of the Presidential CEO Initiative, along with meetings with labour and business. (Fin24)

-- The SA government and business have endorsed the establishment of a youth employment programme that will aim to place one million youth in paid internships in the private sector, over a three year period.

The cost is to be borne by the private sector and will be supported by a negotiated package of government incentives. This emerged after the meeting of President Jacob Zuma, his deputy Cyril Ramaphosa and the country's top CEOs at the Union Buildings in Pretoria on Friday night. (South African Broadcasting Corporation). Endit