Author: staff

17-year-old Calib de Kock from Bonteheuwel died in a tragic accident. (Calib De Kock/Facebook) A Cape Town cyclist has died after he collided with a stationary vehicle in Beach Road, Sea Point, on Tuesday afternoon.Western Cape police spokesperson Anelisiwe Manyana said the 17-year-old from Bonteheuwel was riding his bike when he crashed into the vehicle.”He was transported to a nearby hospital where he succumbed to his injuries. Sea Point police registered an inquest for investigation,” said Manyana. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for…

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Gallo Images/Luba Lesolle DStv and Showmax owner MultiChoice on Thursday defended its performance in 2024, saying despite swinging into a R1.1-billion negative equity position, it has also made progress on cost-cutting and acquiring a better quality of subscriber.The group had reported on Wednesday that its loss for the year to end-March worsened 42% to about R4.1 billion, with hits including an additional R1.4 billion spend for Showmax, which has relaunched, while currency volatility cost it R4.5 billion, mostly in Nigeria.But it also suffered tough economic conditions as well as power issues in SA, Nigeria, Zambia and Zimbabwe, while its active…

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NSFAS acting CEO Masile Ramorwesi (middle) will continue in his role as acting CEO until July. (Lisalee Solomons/News24) The National Student Financial Aid Scheme (NSFAS) is parting ways with acting CEO Masile Ramorwesi.NSFAS spokesperson Ishmael Mnisi said a “mutual termination and separation agreement” was signed on Tuesday and would see Ramorwesi continue in his role as acting CEO until July.He has been in the position since August 2023, following the suspension and subsequent firing of former CEO Andile Nongogo amid a R47-billion payments scandal. South Africans need to be in the know if we want to create a prosperous future. News24…

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Graeme Williams/Bloomberg via Getty Images Media24 has said it does not comment on “rumours or speculation” following a Moneyweb report that the media company had decided to close the print editions of four of its largest newspapers.Earlier on Thursday, Moneyweb reported that Media24 would close several print publications, including City Press, Rapport, Beeld, and Daily Sun.The publication said that four unnamed sources at the media group had independently confirmed the closures, which may take place as soon as October. Trade union Solidarity weighed in to demand “clarity”, saying reports of the potential closures were not only “disillusioning for loyal readers”,…

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Dale College Boys’ High new headmaster, Craig Hatches, and school governing body chairperson, Mpumelelo Madikane. (Sithandiwe Velaphi/News24) Dale College has a new headmaster who has been tasked with bringing back “the glory days” to the Eastern Cape’s historic boys’ high school.Gqeberha-born Craig Hatches was formally appointed on Thursday to lead the 163-year-old school, which is based in Qonce (formerly King William’s Town). Dale College is known for its history of excellence in sports and academics, having produced rugby star players like Mike Jennings, Bandise Maku, Gcobani Bobo, Bjorn Basson, Aphiwe Dyantyi, Keegan Daniel, Siyabonga Ntubeni and Aphelele Fassi. South Africans…

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The South Deep gold mine in South Africa is one of two key risk operations for Gold Fields this year. (Supplied/ Gold Fields) Gold Fields has been forced to make yet another major cut to its production forecasts for the 2024 year as its Salares Nortes project in Chile has been hit by an unexpectedly early winter, which brought snow and freezing temperatures.During an investor call on Thursday, one South African analyst remarked on a “comedy of errors” given that the group has now revised its 2024 guidance downwards five times.The Gold Fields share price fell more than 11% on…

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EFF president Julius Malema. (@EFFSouthAfrica/X) EFF leader Julius Malema says the ANC has squandered an opportunity to isolate “imperialist forces and the white monopoly capital in South Africa”, declaring the DA “enemy number one”.On Thursday evening, Malema addressed a press conference ahead of the first sitting of Parliament on Friday.He declared the DA as its number one enemy and refused to work in a government of national unity (GNU) with the likes of the DA and FF Plus. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed…

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National Sea Rescue Institute spokesperson Craig Lambinon. (Supplied/NSRI) Two men died and one was hospitalised after their rubber duck boat capsized at Saunders Rock Beach in Sea Point, Cape Town, on Thursday.National Sea Rescue Institute spokesperson Craig Lambinon said rescue swimmers were able to reach the 29-year-old survivor and brought him to shore where he was transported to hospital in a critical condition.”Emergency services and the Skymed helicopter also responded. One of the causalities was recovered from the water by a rescue swimmer and the NSRI Table Bay rescue craft, he was taken to the Three Anchor Bay slipway where…

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In a slower day for corporate news, enX completed the sale of its fleet business Eqstra, while miner Gold Fields announced hefty cuts to guidance for its Salares Norte project in Chile. On the international front, Tesla CEO Elon Musk said late Wednesday that the electric vehicle company’s shareholders were voting to approve his about R1 trillion pay package by “wide margins”.Industrial group enX announced on Thursday it has completed the sale of its fleet management business to Nedbank, resulting in proceeds of some R1.1 billion. enX has declared a special dividend of R5 per share, having said previously part of its…

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Ruan Nortje. (Photo by Lee Warren/Gallo Images) 13-06-2024 12:39:00In among all the games within the game between Saturday’s United Rugby Championship (URC) semi-finalists Leinster and the Bulls – like throwing about the favourite’s tag like a hot potato between them – the closeness of the two sides on paper seems to have escaped attention.While there are some notable discrepancies in the points scored (the Bulls have amassed 669 to Leinster’s 597), points conceded (433 to 350), clean breaks (159 to 173), offloads (183 to 157) and turnovers lost (236 to 274), the rest of the two teams’ stats over the…

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