Author: staff
The transition to green energy is littered with challenges, from corruption to financial constraints and communities that have long been reliant on coal production. SA can look to countries like China, France and the Netherlands, says Jonathan Tembo.
Research from fintech group Altron has shown that the overall ability of SA’s households to take on and service debt improved in the second quarter of the year. But it was helped by a climb in employment, but more worryingly, long-term insurance surrenders that are providing a short-term boost.
A logistics manager at a company subcontracted to supply medical equipment to Inkosi Albert Luthuli Central Hospital in Durban has been sentenced to eight years of imprisonment for fraud, corruption, and money laundering valued at over R5.7 million.
VBS corruption-accused Ralliom Razwinane, who loaned Minister Thembi Simelane money for a coffee shop days after advising the Polokwane municipality to invest in the failing bank while she was mayor, has been fined R3m by SA’s financial watchdog.
Insiders in the investigation into the kidnapping of Terrible Josters gang leader Peter Jaggers and his associate, William (Billy) Peterson, believe that their bodies were the ones that a passer-by found in the Vaal River in the Free State on Friday.
Gayton McKenzie, South Africa’s minister of sports, arts and culture, has written an open letter to SA Rugby president Mark Alexander in which he calls for the postponement of Thursday’s special general council meeting over a proposed equity deal.
Redefine Properties has created one giant R27.7 billion common securities pool backed by property assets for all of its lenders to use as collateral for its debt funding needs, describing it as the largest of its kind to ever be launched in the local real estate sector.
Scattered showers and thunderstorms are expected in the central interior on Wednesday. Additionally, a yellow level 2 warning has been issued for damaging winds and waves between Hout Bay and Plettenberg Bay in the Western Cape, according to the South African Weather Service.
Leaders in the Dannhauser Local Municipality in KwaZulu-Natal called for and later cancelled a special council meeting to replace municipal manager Mandla Sithole even though he has not been suspended, charged or under official investigation.
Cartrack owner Karooooo reported on Tuesday that a climb in subscribers of nearly a fifth helped deliver another set of record earnings. It has also now completed a spend on a new central SA office in Johannesburg, which it expects to underpin further local growth.