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Police seized counterfeit goods including bags, perfumes and clothes. (Supplied/SAPS) Police have seized counterfeit goods with an estimated street value of R15.5 million in an operation that targeted Johannesburg’s popular fashion district in the CBD.On Friday, the National Counterfeit Goods Unit conducted an integrated takedown operation that targeted a shopping mall on the corner of Rahima Moosa and Von Wielligh streets.READ | Rising crime weave: Wig snatchers target quality hairpieces in Joburg and Cape TownPolice spokesperson, Colonel Amanda van Wyk, said intelligence also led the team to hidden storage facilities at the mall where special equipment was utilised to…

Nvidia headquarters in Santa Clara, California. (Justin Sullivan/Getty Images) Nvidia’s run as the world’s most valuable company didn’t last long.Shares of the semiconductor giant have fallen 6.7% in the last two days, erasing over $220 billion (R3.9 trillion) in market capitalization and dragging the company from its place as the world’s top stock. Nvidia’s market cap was about $3.1 trillion on Friday, lower than Apple at $3.2 trillion and Microsoft at $3.3 trillion. It was a swift reversal from earlier in the week, when Nvidia rallied to overtake its megacap peers and claim the pole position. Traders said there weren’t any…

Quinton de Kock of South Africa plays a shot during the ICC Men’s T20 Cricket World Cup Super Eight match between England and South Africa at Daren Sammy National Cricket Stadium on 21 Jun 2024 in Gros Islet, Saint Lucia. (Robert Cianflone/Getty Images) South Africa star Quinton de Kock said knowledge of Caribbean conditions helped him propel the Proteas to a competitive total as they edged defending champions England by seven runs in a dramatic Super Eights clash to remain unbeaten at the T20 World Cup. South Africans need to be in the know if we want to create a…

The SCA dismissed an appeal by Dinesh Moodley and Ugresen Perumal against their 2019 conviction for murder by the Gauteng High Court in Johannesburg. (Thulani Mbele/Gallo Images/Sowetan) It was not a case of mistaken identity when family members of Dinesh Moodley witnessed him commanding his uncle to shoot Avinash Manjanu following a fight at a house party in Lenasia South in 2017.On Thursday, the Supreme Court of Appeal (SCA) dismissed an appeal by Moodley and Ugresen Perumal against their 2019 conviction for murder by the Gauteng High Court in Johannesburg.At the crux of their appeal bid was whether the State…

Old Mutual is considering a proposal to allow investors in Zimbabwe to sell stock that was frozen in 2020 owing to currency crisis concerns. (Charles Gallo/Gallo Images) Under the plan, Zimbabwean investors would get a one-time opportunity to sell the shares on Johannesburg’s stock exchange, according to Shelton Sibanda, chairman of the Fund Managers Association of Zimbabwe. Authorities froze the shares in June 2020, complaining that trading in the South African insurer’s stock was contributing to a local currency crisis.  South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country…

Outside the Thokoza hostel in Durban where angry residents protested over service delivery on 13 March 2024. (Nkosikhona Duma/News24) The eThekwini Municipality has faced backlash from opposition parties after a report revealed more than R400 million in unauthorised, irregular, fruitless, and wasteful (UIFW) expenditure in the metro for the third quarter. The Finance Agenda document, tabled before the finance committee on Wednesday, revealed the total irregular expenditure for the third quarter alone, ending 31 March 2024, amounted to R436 million. The staggering figures follow a previously reported amount of R80.5 million in the first quarter and R566.9 million in the second quarter.…

Eastern Cape Premier Oscar Mabuyane. Sithandiwe Velaphi/News24 Eastern Cape Premier Oscar Mabuyane has urged his executive to respond to service delivery protests to avert a decline in electoral support. Service delivery protests heightened before and during the 29 May elections, which led to some voting stations experiencing difficulties. The ANC’s electoral support in the province dropped from 68% in 2019 to 62% during the recent elections. 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.…

President Cyril Ramaphosa at an ANC briefing in Cape Town. (Amanda Khoza) In the immediate aftermath of President Ramaphosa’s inauguration as the president of the seventh administration of the South African democratic state, Oscar van Heerden – who knows more than most about the mechanics of government and governance – was asked by journalist Tshidi Madia about the strong-arming hysteria surrounding the recently formulated coalition called the government of national unity (GNU). Since the publication of the results of the general election on 29 May, the question of how South Africa will be governed for the next five years has been…

MORE OF THE SAME: Bulls centre David Kriel tries to offload in the against Glasgow Warriors in the last match between the two United Rugby Championship finalists. The Bulls will be hoping for more of the same in Saturday’s final. (Lee Warren/Gallo Images) Saturday’s United Rugby Championship (URC) final is a battle between two sides desperate to finally get over the line in a deciding match of a tournament.Having reached their second URC final in the three years, the competition has gone under its new moniker; the Bulls will be keen to cash in on all the advantages that come…

Impeached former Western Cape Judge President John Hlophe will be sworn in as a MK Party MP on Tuesday. Felix Dlangamandla/Netwerk24 South Africa’s first impeached judge president, John Hlophe, has confirmed he will be sworn in as a MP for the MK Party on Tuesday.On Friday, Hlophe told News24 “he was not ready to take interviews”.Asked about his vision for Parliament, he said: “I am not ready for interviews. Wait until I am sworn in, and that is going to happen on Tuesday.”  South Africans need to be in the know if we want to create a prosperous future. News24 has…