Author: staff

Karl Westvig, TymeBank’s new CEO. Photo: LinkedIn TymeBank has appointed Karl Westvig as its new chief executive officer with incumbent Coenraad Jonker set to move to an executive chair role responsible for the broader Tyme Group.The changes are effective 1 October 2024 and will see Jonker, who moved from group CEO to TymeBank’s local CEO role in mid-2022 to replace Tauriq Keraan, focus on driving the multi-country digital bank’s growth in new markets that now include the Phillipines, Vietnam and soon Indonesia as well. Westvig, who was CEO of SME-focused lender Retail Capital when it was bought out by TymeBank…

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Sergio Ramos (L) congratulates Zinedine Zidane and Thierry Henry (R) at the end of the FIFA World Cup Germany 2006 Round of 16 match between Spain and France played at the Stadium Hanover on 27 June 2006 in Hanover, Germany. (Clive Mason/Getty Images) Spain take on France in the Euro 2024 semi-finals on Tuesday.There have been 36 previous meetings between the two nations. Spain have won 16, scoring 64 goals in the process, while France have claimed 13 victories, scoring 39 goals. Seven matches have been drawn.For more Euro 2024 news, go to News24 Sport’s dedicated section.Spain and France face off…

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ATM president Vuyo Zungula claimed the party had been the victim of miscalculations, voter rigging and voter corruption, and launched an application with the court seeking a re-run of the general elections. (@ATMovement_SA/X, formerly Twitter) The Electoral Court in Bloemfontein has given political parties until Wednesday to file answering papers in the African Transformation Movement’s (ATM) quest to declare the May general elections null and void.The directive, dated 8 July and seen by News24, stated the respondents were directed to file the answering affidavits by no later than 16:00 on Wednesday. The ATM is pushing ahead with its court bid…

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(Nigel Jared/Getty Images) In a very slow day for corporate news, Treasury has announced its pick to represent SA at the New Development Bank, commonly known as the BRICS bank. TymeBank also announced new leadership, while Eskom appears to have some idea how big its next loss will be. In international news, Boeing has agreed to plead guilty to fraud to avoid going on trial in the US on charges stemming from two fatal crashes involving its 737 Max aircraft. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country…

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Pieter-Steph du Toit of South Africa (Sydney Seshibedi/Gallo Images) When the idea of the much-anticipated Tony Brown effect on the Springboks’ attack was first floated, few could have crammed Pieter-Steph du Toit’s robust features into the identikit of which players would show the New Zealander’s influence most, early on.A freakish athlete with the ability to play both lock and blindside flank equally well, with a work rate that is such that his boots make an acquaintance with each blade of grass during a game, Du Toit is nothing if not inconsistent.If rugby players were bakkies, Du Toit would probably be…

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Gautrain workers staged a protest outside the Gautrain maintenance workshop depot in Midrand on Monday. ( Alfonso Nqunjana/News24) Gautrain workers affiliated to the National Union of Metal Workers SA (Numsa) are angry that executives have received bonuses, saying they also want significant salary increases. Workers began protesting outside the Gautrain maintenance workshop depot in Midrand from early Monday morning, saying they would strike indefinitely. They arrived after 05:00, and burnt tyres and some debris outside the depot.  South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25…

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Unions representing workers at Paris’ airports said Monday they had called for a strike the week before the Paris Olympics over a dispute about bonuses for staff.The CGT, CFDT, FO and UNSA unions called the strike on July 17 — nine days before the start of the Paris Games — to demand that all staff receive an Olympics bonus, denouncing “unilateral decisions from the chief executive to pay a bonus to only some personnel.”Unions at state-controlled Groupe ADP, which runs Paris’ main airports Charles de Gaulle and Orly, had previously called a strike on May 19, which did not cause…

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The Springbok team’s national laws advisor and former Jaco Peyper. (Steve Haag/Gallo Images) SA Rugby’s national laws advisor Jaco Peyper threw cold water on suggestions that the Springboks’ continued use of six forwards on the bench is dangerous for opposition teams in the second half. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and…

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ANC support in Gauteng dipped below 40% in the recent elections and an ANC-led minority government is now at the helm.Among those in Premier Panyaza Lesufi’s new Cabinet is Nomantu Nkomo-Ralehoko.Her reappointment as health MEC has been welcomed by some and derided by others.Nomantu Nkomo-Ralehoko was first appointed Gauteng’s health and wellness MEC in October 2022.A long-time ANC member, she previously served as finance and e-Government MEC and has been a member of the provincial legislature since 1999. She returns to the critical role at a time when the province’s health department, based on extensive reporting by Spotlight and other publications,…

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A Capitec branch. (Supplied/Capitec). A former Capitec employee has failed in her attempt to overturn a debarment after the bank found her guilty of taking part in a scheme to manipulate debit order account numbers to get incentives from the bank.The Financial Services Tribunal (FST) dismissed an application by Sithembile Nokwazi Gambu against the debarment, which would prohibit her from rendering financial services to the public.The tribunal said the lender was obliged to debar her, as per the Financial Advisory and Intermediary Services (FAIS) Act. This is regardless of a separation agreement and settlement between her and the lender, which…

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