In The News South Africa

ANC’s Mkhize says radical economic transformation in SA must benefit majority

JOHANNESBURG, September 29 – African National Congress (ANC) treasurer-general Zweli Mkhize said on Friday that radical economic transformation in South Africa must be implemented to the benefit of the majority of people and not a few individuals.   “What we understand as the ANC is that radical economic transformation must fundamentally change the structure of the economy, […]

In The News South Africa

Eskom suspends CFO Anoj Singh and takes disciplinary action against former CEO

JOHANNESBURG, September 29 – South Africa’s state-owned power utility Eskom said on Friday that it has suspended Anoj Singh, its chief financial officer implicated in irregular dealings with the politically-connected Gupta business empire, and taken disciplinary action against former acting chief executive, Matshela Koko. This comes after Public Enterprises Minister Lynne Brown gave Eskom a final […]

Lead South Africa

DA bid to force Zuma state capture inquiry fails

JOHANNESBURG, September 29 – The North Gauteng High Court on Friday turned down the application by the Democratic Alliance (DA) to compel President Jacob Zuma to immediately implement the Public Protectors remedial action recommended in her “State of Capture” report. Earlier in 2017, the then Public Protector Thuli Madonsela ordered that, within 30 days, Zuma must establish a […]

Lead South Africa

Criminals in SAfrica would be made to drink their own pee, says Police Minister

  PRETORIA, September 29 –  South Africa’s Police Minister Fikile Mbalula on Friday sent a strong warning to criminals, cautioning that the police will take drastic action against them. Mbalula made the remarks at the South African Police Service’s Pretoria West training academy where he was launching the elite Tactical Response Team (TRT) and tracking units. “We resuscitate this […]

Business In The News South Africa

Political certainty needed for economic reform in South Africa – central bank governor

Johannesburg, September 28 – South Africa must sort out its political problems in order to kickstart structural reform and unlock economic growth, central bank governor Lesetja Kganyago told Reuters on Thursday. Speaking on the sidelines of a conference organised in London by the Bank of England, Kganyago also said financial market inflation expectations seemed to […]