News 14:00

BULLETIN 12 November 2 pm

Good afternoon. I am……..

In this bulletin:

# President Cyril Ramaphosa calls for a people-centred justice system
# FORUM4SA demands accountability over NERSA’s unlawful municipal electricity tariffs in three metros
# And Nvidia’s board is considering the fate of scandal-hit CEO Jensen Huang

# President Cyril Ramaphosa says justice must be accessible to all, particularly marginalised communities, and not just the powerful. He was speaking at the International Access to Justice Conference at Sun City in North West. Ramaphosa says the legal system must protect human dignity and ensure equal rights. He says the law must not be used to enforce oppression or exclusion. Ramaphosa adds constitutional democracy demands accountability, equality and equal protection:

# The National Gambling Board is marking National Responsible Gambling Month by urging South Africans to gamble responsibly and remain mindful of the potential financial and social consequences. The latest industry statistics show gambling revenue has reached 84.5-billion-rand in the previous financial year. The board’s acting CEO, Lungile Dukwana, says betting accounted for 74-percent of national gross gambling revenue, generating 62.2-billion-rand and recording growth of 19.6-percent compared with the previous financial year:

# The Forum for South Africa has expressed concern at the National Energy Regulator of South Africa’s latest revelation on tariffs. Before the High Court in Pretoria, the energy regulator admitted that the electricity tariffs it approved for Johannesburg, Ekurhuleni and Nelson Mandela Bay metros, as well as two local municipalities, Emfuleni in Gauteng and Madibeng in North West, for the previous financial year were unlawful. FORUM4SA leader Tebogo Mashilompane says an independent investigation into NERSA’s significant calculation errors must be conducted:

# The board of US tech giant Nvidia is reportedly considering ousting CEO Jensen Huang following reports he had another affair. New York Times has reported Huang had a relationship with the company’s vice president of Healthcare, Kimberly Powell. Nvidia has already launched an investigation into an affair between Huang and alleged Chinese spy, Alice Huang. The FBI is also conducting its own investigation. The company has shed more than four-trillion-rand in market value this week alone.

# Soccer: A hamstring injury will keep France’s captain, Kylian Mbappé, out of tonight’s Nations League match against Italy in Milan. Coach Zinedine Zidane says although it isn’t expected to be serious, he won’t risk his playmaker and hopes he will be fit for Sunday’s encounter against Turkey in Bordeaux. France currently occupies the top spot in Group A1. Mbappé missed France’s last three matches through injury. He scored 17 goals in all competitions for his Spanish club, Real Madrid, this season.

# And the financial indicators: The dollar trades at 16-rand-62-cents and the euro at 18-rand-44-cents. One British pound costs 22-rand-7-cents and Bitcoin trades at 73-thousand-502-dollars. Gold sells at three-thousand-949-dollars-41-cents a fine ounce and Brent crude oil is quoted at 94-dollars-34-sents a barrel.

Stay tuned for more news………….