Author: staff

A broad rally in South African markets signalled investor relief after President Cyril Ramaphosa ended weeks of uncertainty by announcing a new cabinet that he said would prioritise economic growth.In a televised address late Sunday, Ramaphosa allocated some key ministerial posts to business-friendly opposition politicians, while retaining close ally Enoch Godongwana as finance minister. That’s seen as a sign that fiscal policy aimed at curbing debt would remain on track.READ | Meet the ministers now in charge of SA’s economyThe announcement came a month after the African National Congress lost its parliamentary majority in the May 29 elections, forcing it to…

Kanye West is seen on 21 March 2024 in Los Angeles, California. (Bellocqimages/Bauer-Griffin/GC Images) US rapper Kanye West was in Moscow for a private visit, Russian media reported on Sunday.Western artists have mostly avoided performing in Russia since the start of its offensive in Ukraine.Kanye West has stirred controversy with his political statements in the United States, including recent accusations of praising Adolf Hitler.US rapper Kanye West was in Moscow for a private visit, Russian media reported on Sunday, quoting a well-known Russian producer.Western artists have mostly avoided performing in Russia since the start of its offensive in Ukraine,…

A 65-year-old farm manager was stabbed dead during a suspected robbery at a Porterville farm on Monday. (Gallo Images/Sharon Seretlo) A Porterville farm manager has been stabbed to death in a predawn attack on Monday that saw a group of armed men storm and ransack the home he shared with his wife on the Tevrede farm in Porterville.Western Cape police said they were on the hunt for the five unknown suspects who had forcefully entered the farmhouse just after 01:00 and stabbed the 65-year-old man to death. “They tied up his wife while they ransacked the premises. The motive for this attack…

A file photo of the gas plant at the Grosvenor coal mine in Queensland, Australia. (Supplied/Anglo American) A fire at Anglo American’s biggest metallurgical coal project in Australia has halted production, with the miner saying it may take several months for the blaze to be extinguished.A methane explosion on Saturday caused a fire at the Grosvenor underground mine, which accounts for about 30% of the company’s annual production of coking coal in Queensland state, Anglo said in an emailed statement Monday. No one was injured.“The mine team is working with specialist teams from the Queensland Mines Rescue Service and…

Kylian Mbappe of France looks on, whilst wearing a Black Protective Face Mask after breaking his nose in the Group D fixture against Austria, during the UEFA EURO 2024 group stage match between France and Poland at Football Stadium Dortmund on 25 June 2024 in Dortmund, Germany. (Dean Mouhtaropoulos/Getty Images) France captain Kylian Mbappe admitted that playing with a mask to protect his broken nose was “absolutely horrible” as he prepared for Monday’s last-16 clash with Belgium at Euro 2024.”I didn’t think it would be, but playing with a mask is absolutely horrible,” Mbappe told reporters on the eve of…

Dr Sibusiso Magagula has opened up about their life and career. (Supplied) Who is Dr Sibusiso Magagula? Dr Sbu Magagula is a market risk analyst at the South African Reserve Bank who, in 2022, came out as trans-pansexual following years of living with a wife and hiding their sexuality from their deeply religious family. 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…

DA leader John Steenhuisen (Per-Anders Pettersson/Getty Images) DA leader John Steenhuisen has called on parties in the government of national unity (GNU) to collaborate and desist from finger-pointing about the country’s problems.Steenhuisen, who will be minister of agriculture in the GNU, delivered an address on Monday following President Cyril Ramaphosa’s Cabinet announcement on Sunday night.The DA walked away as the biggest winner among a number of former opposition parties, securing six minister and six deputy minister positions, after receiving 20% of the vote in the election, the second highest behind the ANC. South Africans need to be in the know…

Alongside load shedding, the sorry state of South Africa’s rail network has been a major drag on the economy. And Transnet is making it difficult for private companies to help it resolve the logistics crisis, says Nick Hedley.Even though it’s unable to provide a reliable freight rail service itself, Transnet is making it difficult for private companies to feasibly help it resolve the logistics crisis. Alongside load shedding, the sorry state of South Africa’s rail network is a major drag on the economy. It’s led to a massive and deadly rail-to-road shift, pushed up operating costs for companies, and curbed…

Flyalf Handre Pollard replacing Manie Libbok in a Springbok Test at the Rugby World Cup. (Steve Haag/Gallo Images) Will South Africa coach Rassie Erasmus start with Handre Pollard or Manie Libbok at flyhalf for the highly anticipated first Test against Ireland in Pretoria on Saturday?It is a choice between master goal-kicker Pollard and ball-in-hand magician Libbok for a clash of the top ranked nations with the Rugby World Cup holders first. 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…

Dean Macpherson is the minister of Public Works and Infrastructure and will oversee management of the government’s 88 000 buildings and 4.7 million hectares of land. (Darren Stewart/Gallo Images) Major infrastructure backlogs running to billions of rand, a lack of maintenance at 88 000 government buildings around the country and a major and controversial political issue – expropriation without compensation – will be among the issues new Public Works and Infrastructure Minister Dean Macpherson will have to confront.Macpherson, a 39-year-old DA MP from eThekwini and the party’s chairperson in KwaZulu-Natal, got the nod to take over the portfolio, becoming the third…