Author: staff

Finance Minister Enoch Godongwana (Jaco Marais/Netwerk24) South Africa’s rand extended a post-election rally after President Cyril Ramaphosa announced a new cabinet that he said would prioritise rapid and sustainable growth.The currency led gains among emerging-market peers on Monday, advancing 1.1% to reach R17.98 per dollar at 09:00, crossing below the psychologically important R18 barrier for the first time in nearly 10 days, before settling at R18.01. The yield on benchmark bonds fell 14 basis points to 11.24%, heading toward April 2023 lows. Analysts at Rand Merchant Bank said Ramaphosa’s retention of Enoch Godongwana as Finance Minister was particularly significant for…

Justin Shonga during the Absa Premiership (now known as DStv Premiership) match between Orlando Pirates and Maritzburg United at Orlando Stadium on 1 December 2018 in Johannesburg, South Africa. (Lefty Shivambu/Gallo Images) The South African football community is in shock as the Zambian Football Association confirmed the tragic passing of former Orlando Pirates forward, Justin Shonga, on Sunday.At just 27, Shonga’s life was cut short after dealing with a bout of illness. Meanwhile, most recently, he played for Najran in Saudi Arabia’s second division, but his name is etched in the hearts of South African football fans. South Africans need…

Tyla accepts the Best New Artist award at the 2024 BET Awards at Peacock Theater on 30 June 2024 in Los Angeles, California. (Christopher Polk/Billboard via Getty Images) South African pop star Tyla won two Black Entertainment Television (BET) awards on Sunday in Los Angeles, California.She won in the Best New Artist and Best International Act categories and was nominated for four awards overall.Limpopo-born artist Makhadzi also won a BET award in the Viewer’s choice: best new international act category, beating fellow South African Tyler ICU and other global artists.South African pop star Tyla won two Black Entertainment Television…

Former ministers of basic education and water and sanitation, Angie Motshekga and Senzo Mchunu – both teachers by training – will take the helm of the ministries of defence and police, respectively. (Gallo Images/OJ Koloti and Frennie Shivambu) The critical security cluster ministries of police and defence – both bedevilled by a legacy of resource constraints and state capture – have new leadership in the form of Senzo Mchunu and Angie Motshekga. The veteran politicians are both schoolteachers by training and each head portfolios crucial to the safety of South African citizens. Mchunu replaces Bheki Cele as the police minister, under whose…

President Cyril Ramaphosa (Supplied/GCIS) President Cyril Ramaphosa announced the ministers and deputy ministers that will make up South Africa’s new Government of National Unity on Sunday night. Ramaphosa announced several changes to the structure of the ministries, including splitting mineral resources and energy, and doing away with the public enterprises ministry. “The coordination of the relevant public enterprises will be located in the Presidency during the process of implementing a new shareholder model,” Ramaphosa said.  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…

Jude Bellingham of England celebrates towards the fans after the team’s victory and progression to the quarter-final following the UEFA EURO 2024 round of 16 matches between England and Slovakia at Arena Auf Schalke on 30 June 2024, in Gelsenkirchen, Germany. (Dean Mouhtaropoulos/Getty Images) Jude Bellingham said it took one of his best-ever goals to dig England out of a huge hole as they escaped a shock Euro 2024 last 16 exit at the hands of Slovakia.The Real Madrid midfielder’s overhead kick deep into stoppage time sent the match into extra-time, before Harry Kane’s header secured a 2-1 win for…

Buti Manamela and Minister Blade Nzimande at a media briefing on the state of readiness for the 2024 Academic Year on 23 January 2024 in Pretoria. NSFAS beneficiaries claim that the entity has left them in debt, defunded them without explanation, and left them to suffer. (Gallo Images/Lefty Shivambu) University students around the country are racking up debt for their studies despite receiving 100% bursaries from the National Student Financial Aid Scheme (NSFAS).As universities increase fees and interest accrues on their bills, some students News24 spoke to are unable to graduate or have been forced to squat in friends’ residence…

The suspect is expected to appear in the Bela Bela Magistrate’s Court soon. (Screenshot/Google Street View) A 22-year-old man was arrested in Limpopo on Sunday for allegedly strangling a sleeping one-year-old relative to death in Bela Bela.Limpopo police spokesperson Colonel Malesela Ledwaba said the murder took place in Zuma View, Bela Bela at about 13:00.Ledwaba said: “According to reports, the toddler’s mother was outside the room, while the toddler was inside asleep when the suspect entered the room and found the child asleep and strangled him.”The child’s grandfather intervened and the child was taken to the nearest hospital for…

Naspers and Prosus have announced that Fabricio Bloisi assumes the role of group CEO from his role as CEO, iFood from the beginning of July. (Naspers/Supplied) As the 46-year-old Brazilian Fabricio Bloisi takes the reins at Naspers and Prosus this week, he brings with him an entrepreneurial approach that balances optimism with “brutal facts”. Bloisi originally hails from the northeast Brazilian state of Bahia. In 1998, with a fellow computer-science graduate, he started what would become an e-commerce unicorn in a garage in the city of Campinas. With only two computers, Movile initially focused on SMS technology and ringtone commerce.…

Sihle Zikalala and Mondli Gungubele, cabinet ministers in the sixth administration, will now deputise DA ministers in the new government of national unity (GNU) Cabinet. (Gallo Images/Freddie Shivambu and OJ Koloti) Two ANC national ministers have been demoted to deputies and replaced by members of the DA in President Cyril Ramaphosa’s government of national unity (GNU) Cabinet.The DA walked away as the biggest winner among the opposition, securing six minister and six deputy minister positions, after receiving 20% of the vote in the election, the second highest behind the ANC.Party leader John Steenhuisen has been appointed Minister of Agriculture, former…