jacob zuma is acutely aware. they have had power for two decades. this is the system -- the stiffest competition they will have yet. government will try to push ownership in the economy. >> you have to establish the black economical power so you can deal with this to empower people. properly. so that there is no destabilization. those who have been running the economy, how do we bring in others into that system? >> i think we will hear him repeat these phrases a lot in the run-up to the elections. the case still stands. earn, on average, six times more than black employees in south africa. >> nelson mandela was booed a couple of days ago a -- he was booed at the nelson mandela memorial a couple of days ago. saying it is not personal. >> it any other government leader or president was booed, i think they would take it personally. it must be hard. thicker skin than many. >> coming up, are the foreign exchange markets underestimating recent events in the ukraine? our next test says the muted response suggests a are. ♪ >> time for today's company news.

anti-corruption watch dog is due to release a report in the use of government funds to refurbish president jacob zuma's rural home, about $20 million worth of work has been done to this house in northeastern village which included security upgrades. president zuma has repeatedly told parliament he used his own money. >>> turkish parliament is due to reconvene for an extraordinary session after the main opposition party demanded a recall. a summary of a report outlining details of corruption allegations against four former government ministers is set to be heard. it could be unwelcome news as prime minister erdogan prepares for upcoming elections. >>> protests of an impending trade pack with china. protesters burst in and used chairs and other objects. it would allow service sector companies in taiwan and china to set up branches in each other's territory. >>> the death of the chechen leader in, often known as russia's bin laden has become a martyr and gave no details of how he died. his group is held responsible for a string of bombings in recent years. you're with "bbc world news" with me, nik gowing.

anti-corruption watch dog is due to lease a report into the use of government funds to refurbish president jacob zuma's rural home. about $20 million of work has been done to this house in northeastern village. work included security upgrades. president zuma has repeatedly told parliament he used his own family's money. a government investigation in december cleared him of any wrongdoing. >>> let's move on now with the business. jamie joins me. janet yellen fully in control of the u.s. federal reserve. >> her first meeting, taking the hot seat. she will chair the second day of her first federal reserve meeting since she's seceded ben bernanke on february 1st. the biggest testimony will be how she manages the fed shift from firefighting mode back into effectively neutral. the u.s. central bank has already begun cutting its large cash injections in the economy. that was at the height of the financial crisis nearly six years ago. later today they will announce whether they'll gradually reduce, tapering it as it's called. >>> a year ago cyprus was desperately trying to stave off a bankruptcy. its banks wer

company says jacob zuma has not done anything wrong. >> the leader charged with organising deadly attacks with russia has been reported as dead. several reports of him being killed in the past proved to be incorrect. umarov is suspected of deadly attacks in volgograd weeks before the sochi winter olympics. it believed to be behind the moscow subway bombing that killed 40. >> a political analyst in moscow says umarov has always been elusive. >> this is not the first time we see the reports of his killing. the only difference is it's confirmed by the rebels. some sources say he might a died of the wounds as early as last summer. so the question is what comes next. obviously this announcement that the - officially confirms the death and puts a full stop in the history of chech yen rebellion, how it was started. i don't want to say we won't see terrorists, because they are underground there. it has mostly moved to the neighbouring republics, like daing as tan and -- daing es tan and regions in russia, like the terrorist acts in volgograd. >> still to come on al jazeera - political continuatio

anticorruption watchdog is set to release a report into a $21 million upgrade at the private home of jacob zuma. there were allegations that public money was spent on a swimming pool, visitors' lounge and a cattle enclourge. a spokesperson declined to comment. the claims have been denied. there's six weeks until the general election. >> egypt's president spared no release for a correspondent held in custody. peter greste, mohamed fadel fahmy, and mohammed badr are being detained, accused of having links to a terrorist organization. the interim president made the policemen in a letter to peter greste's parents. the next court appearance is on the 24th march, al jazeera rejects all claims. >> a man this has been arrested in the balkans. darko gave himself up to the serbian police after an operation in the c.i.a. france's highest court of appeal is expected to rule on ex-trader jerome kavill. he spent more than three years fighting a gaol sentence of a bet that nearly brought the french bank to the brink of collapse. >> an authorised trader who made unauthorised transactions. gurr om caviell was a