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Top news in major S. African news outlets

Xinhua, December 16, 2016 Adjust font size:

The following are highlights in major South African media outlets on Friday:

-- The past year has been productive and successful, President Jacob Zuma said in his end-of-year statement on Thursday.

One of the key achievements was collaboration between government, business, and labor to promote economic growth and stave off downgrades by credit ratings agencies. (News24)

-- Financial institution Standard Bank Group has asked the North Gauteng High Court to prevent President Jacob Zuma and any of his ministers from intervening in its decision to close company accounts associated with Gupta-linked Oakbay.(Fin24)

-- The South African Council of Churches' General Secretary, Bishop Malusi Mpumlwana, said on Thursday that reconciliation is not only about race.

According to Mpumlwana, reconciliation is about ensuring that there is equality in the country and that poverty is eradicated. (South African Broadcasting Corporation) Enditem