Author: staff
The South African Reserve Bank (Photo: AP)Expect. Sensible.This is how the decision to keep the interest rate unchanged for the time being is termed.Prof. Raymond Parsons from the North-West University’s (NWU) business school says the Reserve Bank’s monetary policy committee’s unanimous decision is in line with that of other central banks to react cautiously to the global energy crisis.Parsons says rates are now being kept constant around the world for the time being as central banks prepare for the possible inflation that is likely to result from higher energy and other prices.He explains that recent domestic headline and producer inflation…
THE police drew a red line yesterday, saying that no one will go to South Beach (Point), reprimanding the March and March protesters, who wanted to go there as it is full of immigrants.This comes after he warned of the danger that we may not be able to control the situation if the protesters, who are fighting against illegal immigrants, go to that area, which is considered to be a hub for immigrants in Durban.The founder of March and March, which completed a year since its establishment yesterday, Mrs Jacinta Ngobese-Zuma, said she was not satisfied with what happened. He…
Gareth Mnisi, Chief Financial Officer of the City of Tshwane. (Photo: X) The City of Tshwane can now officially begin the process of provisionally suspending Gareth Mnisi, the metro’s chief financial officer, after he was implicated before the Madlanga Commission of Inquiry in the alleged manipulation of tenders in Tshwane. Dr. Nasiphi Moya, the mayor of Tshwane, says the metro council approved a report at a council meeting on Thursday evening to start disciplinary measures against Mnisi, including steps to suspend him as a precaution. “Mnisi will now be given the opportunity to make representations in writing within seven days…
Malaysian leader says oil tankers granted clearance by Iran as government introduces measures to conserve fuel.Published On 27 Mar 202627 Mar 2026Iran has allowed Malaysian ships to pass through the Strait of Hormuz, Malaysia’s leader said, amid the global energy crunch driven by the United States and Israel’s war with Tehran.In a televised address on Thursday, Malaysian Prime Minister Anwar Ibrahim expressed thanks to Iran’s President Masoud Pezeshkian for granting Malaysian vessels “early clearance” through the waterway, which has been effectively closed by Tehran.Recommended Stories list of 4 itemsend of list“We are in the process of securing the release of…
MILLIONS of rands allocated to repair the damage caused by the floods in KwaZulu-Natal, have returned due to the failure of municipalities to use them. The Ministry of Finance has revealed that five municipalities have failed to properly use the money allocated to repair the damage caused by the floods.The officer in charge of monitoring the use of money in municipalities, Mr. Sello Mashaba, said that some municipalities decided to save their other needs with the money to repair the damage caused by the floods.He said this when the Department appeared before the KwaZulu-Natal Legislative Committee.He was responding to a…
Pres. Cyril Ramaphosa. (Photo: Jairus Rabbit/GCIS) The USA apparently put pressure on France to pres. To withdraw Cyril Ramaphosa’s invitation to the G7 summit in France in June. So the South African presidency told AFP on Thursday. This is the latest incident after months of tension between the two countries over a series of issues, from South Africa’s genocide case against Israel to pres. Donald Trump’s claims that white Afrikaners are being persecuted. “We learned that due to sustained pressure, France had to withdraw its invitation to South Africa to attend the G7 summit,” Vincent Magwenya, spokesman for the president,…
AI A new study by the company Anthropic shows that skilled people in the areas where AI was going to be most affected have benefited from adopting it. Those who are not learning AI, there is a fear of being left behind. Studies regarding India say that in comparison to the population here, very few people are using AI. India is ranked 98th among 116 countries. The study says that early adopters of AI are skilled and technical professionals, i.e. those who have a good understanding of technology.Anthropic Economic Index 2026: There is a lot of talk about AI (Artificial…
UNTIL the death of Durban musicians and DJs yesterday, they are praising the sudden passing of a DJ who had made a name for himself, and who became famous with the song, Alone CandyAndile Chili (41), formerly known as DJ Boonu. It turns out that DJ Boonu died in his sleep in the morning, with the woman he was in love with. The source ofOf this country He revealed that DJ Boonu came back at night from the place he used to live in Mhlanga, yesterday, got into bed, and at five o’clock in the morning it was seen that…
(Archive photo: FreePik) The Reserve Bank’s monetary policy committee decided to keep the interest rate unchanged at 6.75% for the time being, citing growing concerns about inflationary risks fueled by rising oil prices and geopolitical uncertainty stemming from the conflict in the Middle East. Lesetja Kganyago, the president of the Reserve Bank, said on Thursday that it was a unanimous decision. The rise in oil prices has raised concerns about global inflation and the risk of a recession. Fuel prices are expected to rise by between R5 and R9 per liter for petrol and diesel in April, unless the government…
Ntombezinhle Jiyane, popularly known as DJ Zinhle, said that his wish is coming true that one day he will support musicians who want to shine in the music industry.He said this as he released a song yesterday Romancehe pointed to the musicians, expressing on social media that he wants them.Zinhle told people on his pages on social media, that there is a song he has made, so he wants them to put their voices in it, which the winners will work with.In this song, he finally revealed that there were 7 of them that he ended up taking, which is…