News 18:00

BULLETIN 27 October 6 pm

Good afternoon. I am……..

In this bulletin:

# Business Leadership SA says the grey list exit shows the country can rebuild institutions after state capture
# The Aubrey Tau Foundation offers a reward of 250-thousand-rand after the murder of two women in Mamelodi
# And tennis: Carlos Alcaraz is realistic but optimistic about his chances in the Paris Masters

# Business Leadership South Africa says South Africa’s exit from the Financial Action Task Force’s grey list proves that the government can rebuild institutions damaged by state capture. In her weekly newsletter, the organisation’s CEO, Busisiwe Mavuso, said the success came from clear accountability, cooperation between government and business, and real operational improvements. Mavuso adds the same approach should now be applied to reforms in energy, logistics, and water, to strengthen the economy and restore investor confidence.

# The DA says criminal charges must be fast-tracked against tenderpreneur Hangwani Maumela and other Tembisa Hospital kingpins. This follows reports that Maumela bought a 52-million-rand Italian hypercar while allegedly siphoning 816-million-rand from hospital contracts. The party’s Jack Bloom says the money could have funded dozens of doctors, nurses, or new medical equipment. Bloom warns that political connections should not delay justice in this 2.3-billion-rand scandal:

# The Aubrey Tau Foundation has offered a 250-thousand-rand reward for information leading to the arrest of suspects in the brutal murders of cousins Tshiamo and Baleseng Moramaga in Mamelodi, Gauteng. The bodies of the 22- and the 21-year-old women were discovered on Sompisi Street yesterday morning. The young women, described as inseparable and full of promise, were pursuing careers in teaching and beauty therapy. Police have launched a double murder investigation.

Moving abroad:

# Namibian president Netumbo Nandi-Ndaitwah has assumed direct control of the ministry of Mines, Energy and Industry, removing deputy prime minister Natangwe Ithete from his dual role. The Presidency says the change aims to strengthen coordination in Namibia’s vital resource sectors, including uranium, diamond, and emerging oil industries. Analysts say the move signals a strategic pivot toward centralised oversight as Namibia prepares for major oil production by 2030 and seeks to attract global investment.

# Tennis: World number one Carlos Alcaraz says he is in better shape than ever at this stage of the season. The Spaniard, who was forced to withdraw from the Shanghai Masters and took more than three weeks off to heal his left ankle, will play in the Paris Masters this week. He will open his campaign against Britain’s Cameron Norrie. Alcaraz says he is realistic but optimistic about his chances in the French capital:

# And the financial indicators: The dollar trades at 17-rand-24-cents and the euro at 20-rand-8-cents. One British pound costs 22-rand-99-cents and Bitcoin trades at 114-thousand-623-dollars. Gold sells at three-thousand-990-dollars-79-cents a fine ounce and Brent crude oil is quoted at 65-dollars-19-cents a barrel.

Stay tuned for more news………….