# African Bank het ‘n netto-verlies ná belasting van 624-miljoen-rand vir die ses maande tot 31 Maart aangeteken, met stygende oninbare skuld wat swaar geweeg het op verdienste. Kredietverliese het gestyg tot 1,8-miljard-rand vanaf 1,2-miljard-rand in die vorige tydperk. Die tussentydse uitvoerende hoof, Zweli Manyathi, sê die uitslae weerspieël ‘n moeilike bedryfsomgewing. Hy sê die […]
# The global trade in illicit drugs is booming, with cocaine production and seizures of crystal meth, known as “tik’ in South Africa, at an all-time high. The United Nations’ annual World Drug Report warns of a surge in new drugs filling a gap left by the collapse in heroin supply. Cocaine production surged to […]
# Die Suid-Afrikaanse Federasie vir Staal- en Ingenieursbedrywe sê March-and-March se beplande nasionale staking Dinsdag word nie beskerm deur die Wet op Arbeidsverhoudinge nie. Die federasie sê werknemers wat deelneem kan gevolge verwag, insluitend dissiplinêre optrede en die beginsel van geen werk, geen betaling. Arbeidsfederasies versoek werkers om werk toe te gaan. Werkgewers word aangeraai […]
# Trade, Industry and Competition minister Parks Tau says the Southern African Customs Union remains the world’s oldest functioning customs union and a key driver of regional integration. Ministers from South Africa, Botswana, Eswatini, Lesotho, and Namibia are meeting to review the SACU Strategic Plan, trade modernisation and economic cooperation. He said that member states […]
# The Pretoria Magistrate’s Court has postponed the Medicare24-tender corruption case to 28 August. Defence lawyers have requested access to controversial businessman Vusimuzi “Cat” Matlala’s plea agreement and additional case information. Investigating Directorate Against Corruption spokesperson Henry Mamothame says the delay will allow the state to finalise the docket, disclose evidence, and consider possible new […]
# Die Amerikaanse Departement van Finansies se Kantoor vir Buitelandse Batebeheer het gedeeltelik en tydelik beperkings opgehef op alle transaksies wat verband hou met verligtingshulp na die aardbewings in Venezuela. Die twee kragtige aardbewings naby die hoofstad, Caracas, het minstens 235 lewens geëis en meer as vierduisend-300 mense is beseer. Die verligting van beperkings dek […]
# African Bank has reported a net after-tax loss of 624-million-rand for the six months ended March 31, 2026, as rising bad debt weighed heavily on earnings. Credit losses increased to 1.8-billion-rand from 1.2-billion-rand in the previous period. Interim CEO Zweli Manyathi says the results reflect a difficult operating environment. He says the bank has […]
# A forensic investigation has recommended that Tshwane City Manager Johann Mettler institute disciplinary action against suspended chief financial officer Gareth Mnisi. The report alleges Mnisi breached the municipal code of conduct by failing to declare company directorships and disclose his relationship with construction firm Ngaphesheya during two tender processes. It also recommends disciplinary action against […]
# The US Department of the Treasury’s Office of Foreign Assets Control is partially and temporarily easing restrictions on all transactions with Venezuela related to earthquake relief efforts. This follows after two powerful earthquakes struck near the capital of Caracas, killing at least 235 people and injuring over four-thousand-300. The easing of restrictions covers the […]
