News 15:00

BULLETIN 22 October 3 pm

Good afternoon. I am……..

In this bulletin:

# South Africa’s inflation rises for the second consecutive month in September
# Cricket: Jimmy Anderson is reportedly set to retire after his Lancashire contract was not renewed
# And 93-percent of Cape Town’s residents reportedly oppose the 114-million-rand N2 wall project

# Statistics South Africa says annual consumer inflation rose for a second consecutive month, reaching 4.5-percent in September, up from 4.4-percent in August. Rising fuel prices were a major driver, with transport costs accounting for a third of overall inflation. Fuel prices increased by 27.9-percent over the past year, while food inflation also edged to 1.2-percent. Stats SA’s Patrick Kelly says meat inflation slowed to 0.7-percent, its lowest level in 18 months:

# President Cyril Ramaphosa has urged employers to give young people opportunities to gain workplace experience. He was speaking at a youth employment conference in Sandton, Johannesburg. Ramaphosa says a lack of experience is not a lack of ability, and calls on businesses to recognise young people’s potential and willingness to learn. He says government and stakeholders must work together to help young people secure their first jobs and address unemployment:

# The High Court in Polokwane, Limpopo, dismissed the bail appeal application of suspended Tshwane Metro Police official Peter “Gagash” Nonyane and his wife, attorney Charlotte Tibana, leaving them in custody until 6 November. Judge Karin Leanne Pillay found they failed to show compelling reasons for release and could interfere with witnesses. They face 123 charges including fraud, theft and money laundering for allegedly looting deceased estates administered by Tibana Attorneys. The state also alleges 1.65-million-rand was used to buy a luxury car.

# Cricket: England’s all-time leading wicket-taker, James Anderson, is reportedly set to call time on his career after Lancashire decided not to renew his contract for next season. The 44-year-old had been on season-by-season contracts with his boyhood club following his retirement from England duty in 2024. Anderson had a strong season captaining Lancashire this year, taking 50 wickets. If he retires, he will leave the game having taken one-thousand-193 first-class wickets, cementing his place among the most successful fast bowlers in history.

# The financial indicators: The dollar trades at 16-rand-53-cents and the euro at 18-rand-51-cents. One British pound costs 22-rand-9-cents and Bitcoin trades at 81-thousand-811-dollars. Gold sells at four-thousand-and-64-dollars-27-cents a fine ounce and Brent crude oil is quoted at 113-dollars-17-cents a barrel.

# And finally: The People’s Cost of Care Report, published by author and activist Candice Leigh King, shows 16-thousand-210 of the 17-thousand-265 respondents oppose the City of Cape Town’s proposed N2 wall project. The controversial 114-million-rand project includes a three-metre barrier and a range of safety interventions along a nine-kilometre stretch of the highway between Langa and Firgrove. According to the report, only 746 respondents support the project while 309 are unsure. The report also indicates an N2 bridge or alternative safety infrastructure was preferred by two-thousand-102 participants.

Stay tuned for more news………….