Author: staff

Light rain and scattered to isolated showers are expected in some regions. (MirageC/Getty Images) The South African Weather Service has forecast light rain and isolated to scattered showers in at least two provinces. Otherwise, fine, and cool to warm temperatures are expected for multiple regions.The weather in your regionGauteng can expect fine and cool but warm temperatures in the extreme north.The expected UVB sunburn index is high.Partly cloudy conditions are forecast in Mpumalanga’s east at first with morning fog along the escarpment. Otherwise, it will be fine and cool to warm.Limpopo will be fine and cool to warm but partly cloudy in the north-east.Fine and cool…

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(Kevin Sutherland/Gallo Images) Embattled retailer Pick n Pay warned on Wednesday it is writing down its loss-making and underperforming stores by R2.8 billion, further warning of a hefty full-year loss when it reports results next week.The retailer, whose shares have fallen by two-thirds in the past five years, warned of a comparable loss per share of as much as about R2.81 in its year to 25 February, from earnings per share of about R2.64 in the prior year. It had booked earnings of about R1.3 billion in 2023, with the comparable metric excluding problems such as hyperinflation in Zimbabwe.But it…

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Former post office worker Luyanda Botha is serving life in prison for the rape and murder of Uyinene Mrwetyana. (Bertram Malgas/News24) The man who was found guilty of raping and murdering University of Cape Town student Uyinene Mrwetyana inside a post office in Claremont in 2019 is on trial for allegedly trying to rape a nursing student in 2014.Luyanda Botha appeared in the Wynberg Magistrate’s Court more than a week ago, where he was charged with the attempted rape of a 21-year-old woman at a nursing college in Athlone in June 2014. Western Cape National Prosecuting Authority spokesperson Eric Ntabazalila said the State alleged Botha visited the woman…

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(Photo by Gallo Images/Sharon Seretlo) The Public Investment Corporation (PIC) says BHP’s takeover offer for Anglo requires a “meaningful revision” if it is to be considered by the state-owned asset manager, which is a shareholder in both mining companies. The PIC’s clarification of its position comes just hours ahead of an 18:00 deadline for BHP to either submit a binding takeover offer to Anglo American’s board or to walk away from the negotiating table for six months. In terms of the UK Takeover code, there is also a possibility that Anglo could grant BHP an extension.In a statement released on Wednesday afternoon,…

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Novak Djokovic of Serbia in action during the Italian Open (Stefano Costantino/SOPA Images/LightRocket via Getty Images) Novak Djokovic celebrated his 37th birthday on Wednesday with the 1,100th win of his career as he gears up for his French Open title defence, progressing to the Geneva quarter-finals.The world number one downed Germany’s Yannick Hanfmann 6-3, 6-3 in the second round at the Parc des Eaux-Vives grounds. Djokovic becomes only the third man after Jimmy Connors and Roger Federer to reach the 1,100-win landmark. South Africans need to be in the know if we want to create a prosperous future. News24 has…

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The Johannesburg metro council votes in the amended 2024/25 budget. (Alex Patrick/News24) The Johannesburg budget for the 2024/25 financial year was passed in council on Wednesday afternoon after amendments were made according to the wishes of the leading coalition.This is the second time the R83 billion budget was proposed; last week, it was rejected when ANC coalition partners, the EFF, did not vote, and the Patriotic Alliance (PA) voted against it. Last week, Public Safety MMC Mgcini Tshwaku, an EFF councillor, said the EFF did not participate in the vote because there was no proper allocation for public safety in the new budget.  South Africans need to be in the know…

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Life cover is a long-term financial security plan. (Peter Dazeley/ Getty Images) Liberty, the Standard Bank-owned insurer, paid out R9.14 billion for mortality, lifestyle protection and income protection claims in 2023.The payouts comprised R6.72 billion in valid claims to individual clients, their families, and beneficiaries as well as well as R2.4 billion in corporate claims, according to Liberty’s latest claims statistics. Cancer was again the leading cause of claims, accounting for 32.3%, followed by cardiac and cardiovascular diseases and disorders (23.4%), respiratory disorders (7.3%), strokes (5.6%) and traumatic injuries (4.5%). Dr Reinhardt Erasmus, Liberty’s medical officer, said the dominance of cancer claims could…

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Subscribers can listen to this article John Dobson says the Stormers will go “full-metal jacket” against the Lions to take critical momentum into the knock-out stages of the URC. (Cole Cruickshank/Gallo Images) Stormers director of rugby John Dobson says his team wants to give it their all in their final United Rugby Championship (URC) league clash of the season, as that’s exactly what their loyal supporters deserve.READ | Springbok injuries mounting: Who’s out and who will replace them?They face the Lions next weekend in their final league match of the season before the URC enters the knock-out stages. Read this for free South…

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KwaZulu-Natal premier Nomusa Dube-Ncube. (@kzngov/X, formerly known as Twitter) There was mixed reaction to KwaZulu-Natal Premier Nomusa Dube-Ncube when she staged a community rally at the King Zwelithini Stadium in Umlazi, south of Durban, on Wednesday.A group of people belonging to a faction of the neighbourhood watch group in Umlazi lamented their apparent exclusion when the provincial government handed over vehicles to community policing forums (CPFs).The group claimed that Dube-Ncube’s office reneged on promises to hand them the resources they needed. South Africans need to be in the know if we want to create a prosperous future. News24 has kept…

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Election posters in Soweto. Photo by Gallo Images/Fani Mahuntsi Almost three-quarters of SA-focused fund managers are expecting a rally in domestic equities after the election on 29 May, despite concerns about a possible leftward shift in policy.That’s the outcome of a recent Bank of America (BofA) survey of 19 fund managers polled between 3 and 9 May on SA’s post-election market prospects. The survey found that though political risks are seen to be rising, 74% of the surveyed fund managers expect domestic stocks to rally after the election.A net 79% of the fund managers say both equities and bonds are undervalued with the stocks favoured…

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