Author: staff
Debt manifests as a form of quiet violence on society that gradually crowds out other priorities. SA’s budget process is finally facing unprecedented but necessary scrutiny, a reckoning with years of underfunded public services, says Khaya Sithole.
The Electoral Court has ruled against the MK Party’s application to set aside decisions taken by the Electoral Commission of South Africa after the party’s own blunders saw it field two candidates in the same ward by-election in Pietermaritzburg in December.
Investors have sold the dollar this week in a reversal of the so-called “Trump trades” which first gathered steam late last year, as they become increasingly concerned with the growth outlook for the world’s largest economy, which is already showing signs of a slowdown.
The Electoral Court has ruled against the MK Party’s application to set aside decisions taken by the Independent Electoral Commission after the party’s own blunders saw it field two candidates in the same ward by-election in Pietermaritzburg in December.
A French multinational firm has defended its selection for a big South African driving licence printing machine tender. This is despite a newly shared Auditor General report that found evidence of brazen disregard for procurement processes in the deal.
It has been three months since the Hawks summoned suspended Nelson Mandela Bay Deputy Mayor Gary van Niekerk to appear in court on cyber fraud charges, but the defence has delayed the process at least three times, much to the court’s discontent.
Freight and logistics group Grindrod has reported a slide in profits for its year to end December, saying on Wednesday it still felt it delivered a resilient performance after it was battered by civil unrest, floods, and a downturn in prices for major commodities.
Amid crumbling infrastructure, potholes, mushrooming informal settlements and broken traffic lights, Gauteng is under enormous pressure to deliver a ‘wow’ G20 Leaders Summit in November that will not make President Cyril Ramaphosa regret choosing it to be the host city.
FirstRand warned it may need to raise the £127.4 million (R3 billion) provision it set aside last year for a UK review into historical motor finance commissions, pending a legal appeal and regulatory outcomes that may impact its Cardiff-based car financier MotoNovo.
While a massive search was under way for then-six-year-old Joshlin Smith in February 2024, her mother, Racquel ‘Kelly’ Smith, told people that her child had made her famous – words that worried Saldanha police station commander Lieutenant Colonel Lincoln Sebola.