Lead South Africa

Jonas, Mentor amongst first witnesses in state capture inquiry

DURBAN,  August 18 – Former finance minister, Mcebisi Jonas, and African National Congress member of  Parliament, Mabel Petronella “Vytjie” Mentor, will be amongst the first witnesses to give testimony at South Africa’s inquiry into state capture. Officially called the “Judicial Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector […]

Business In The News South Africa

SA rand slips again as EFF introduces Bill nationalize Reserve Bank

JOHANNESBURG, August 17- South Africa’s rand slipped again on Friday and touched the 15.00 mark against the U.S. dollar, the second time this week, as it continues on the slippery slope following the turmoil in Turkey that turned investors against emerging market currencies. The rand’s depreciation on Monday reflected weakness in the Turkish lira in the […]

In The News South Africa

SA Revenue Service executive appointed to head SA Student fund

JOHANNESBURG, August 17 – Minister of Higher Education and Training Naledi Pandor has appointed SA Revenue Services (Sars) executive Randall Carollissen as administrator at the embattled National Student Financial Aid Scheme (NSFAS). His appointment comes after the resignation of former board chairman Sizwe Nxasana who had headed the scheme for three years. ”Dr Carolissen is […]