# US ambassador to South Africa Leo Brent Bozell is calling on government to put its ideological posturing aside and put citizens first. The US has imposed new visa restrictions targeting South Africans linked to policies it considers discriminatory. In an opinion piece for Daily Maverick, Bozell says government’s refusal to condemn the incitement of […]
# The Southern African Alcohol Policy Alliance says the recent mass shootings have exposed gaps in how liquor outlets are licensed, located and monitored, especially in poor, densely populated areas. Eighteen people were killed at a tavern in Wedela on the Gauteng West Rand, and ten at an entertainment venue in Lwandle, Cape Town, over the […]
# Die minister van Finansies, Enoch Godongwana, sê die Reserwebank ondersoek die finansiële maatskappy Kastelo, wat gesamentlik gestig is deur die voormalige voorsitter van die DA se Finansies-komitee, Mark Burke. Dit het na bewering aspekte van sy sakemodel verkeerd voorgestel. Kastelo het ook kliënte se eenmalige diskresionêre toelaes en buitelandse beleggingstoelaes gebruik om fondse vir […]
# Minister of Finance Enoch Godongwana says the South African Reserve Bank is investigating fintech company Kastelo. The company, co-founded by former DA Finance chairperson Mark Burke, allegedly misrepresented aspects of its business model. It also used clients’ single discretionary allowances and foreign investment allowances to move funds offshore for its own business purposes, including […]
# Die president van die Suid-Afrikaanse Reserwebank, Lesetja Kganyago, waarsku ʼn groot kuberaanval kan die volgende ernstige wêreldwye finansiële krisis veroorsaak. Hy het gister in Johannesburg die hoofrede oor Afrika en geopolitiek gelewer by die derde forum van die Mapungubwe Institute for Strategic Reflection. Kganyago sê toenemende wanorde wêreldwyd, aangedryf deur geopolitiek, klimaatskokke, die gevare […]
# South African Reserve Bank Governor Lesetja Kganyago warns that a major cyberattack could spark the next global financial crisis. He delivered a keynote address at the 3rd Mapungubwe Institute for Strategic Reflection Forum on Africa and geopolitics in Johannesburg yesterday. Kganyago stated that the worsening global disorder, driven by geopolitics, climate shocks, artificial intelligence […]
# ArcelorMittal South Africa is in talks with the Industrial Development Corporation over a three-billion-rand deal that could secure the future of the country’s steel industry. The IDC has offered to acquire an 80-percent stake in the struggling steelmaker, but negotiations are being held up by disagreements over its black economic empowerment structure. The IDC […]
# Kouga Municipality in the Eastern Cape has launched South Africa’s first municipal Battery Energy Storage System. Mayor Hattingh Bornman says the project will reduce electricity costs and strengthen energy resilience. The battery will charge during off-peak hours and supply electricity during expensive peak periods, saving the municipality significantly. The nearly 20-million-rand project will initially […]
# ArcelorMittal Suid-Afrika is in gesprek met die Nywerheidsontwikkelingskorporasie oor ‘n ooreenkoms van drie-miljard-rand om die toekoms van die land se staalbedryf te verseker. Die korporasie het aangebied om ‘n belang van 80-persent in die sukkelende staalvervaardiger te verkry, maar onderhandelings word vertraag deur meningsverskille oor die maatskappy se struktuur vir swart ekonomiese bemagtiging. Die […]
