Author: staff
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.
The chairperson of the ANC’s subcommittee on international relations, Nomvula Mokonyane, says the party will take disciplinary action against all of those who misrepresented South Africa, along with Obed Bapela, during a Moroccan sojourn.
Late-night jaunts, shady rendezvous with a string of women, and a secret gun may prove the undoing of veteran detective Michael Pule Tau – allegedly a central figure in a hit squad linked to the slaying of Vereeniging engineer Armand Swart.
The man who participated in the murder of his boss, the illegal steroids dealer Brian Wainstein, said he harboured a lot of anger towards him, particularly after he had berated him at one of actor and “Governator” Arnold Schwarzenegger’s strongman events in South Africa.
The State is yet to verify the origin of 105 bank cards allegedly found in the possession of a Cato Manor constable who was arrested after a bank card belonging to the parent of an 11-year-old Malvern girl who died during a hijacking incident was found in his belongings.
Nick Riley, Investec’s investment banking chief, says South Africa needs to take advantage of the opportunity provided by the global monetary easing cycle to kickstart economic growth or risk seeing foreign investment flow to other emerging markets.