NEWSFLASH NEWS AGENCY 17 November 4 pm
In this bulletin:
# The IFP agrees to cooperate with the ANC
# Three suspects linked to the VBS Mutual bank scandal are granted bail
# And tennis: Naomi Osaka is concerned over the wellbeing of a missing Chinese player after sexual abuse allegations
# The IFP has agreed to cooperate with the ANC in KwaZulu-Natal. The party had previously rejected to work with the ANC as a partner in hung municipalities. IFP president Velenkosini Hlabisa announced during a news briefing they had decided to cooperate with the ruling party for the sake of the strengthening of governance. He emphasized however that the two parties have not formed a coalition:
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Meanwhile, One South Africa Movement’s leader, Mmusi Maimane, says it was a good day for democracy when an independent candidate supported by the organisation, Ruben Richards, was sworn in as mayor of Cederberg in the WesternCape. The municipality includes Clanwilliam, Citrusdal, Lambert’s Bay, and Elands Bay. Maimane says Richards will answer to and serve only the people of the municipality and is not beholden to any political party. Maimane says he is extremely proud of every independent candidate for taking a bold step of faith and challenging the status quo.
# Three suspects implicated in the VBS Mutual Bank scandal were granted bail of 50-thousand-rand each when they appeared before the Specialised Commercial Crimes Court in Pretoria today. Former municipal manager of Fetakgomo- Greater Tubatse Local Municipality in Limpopo, Nkhono Mohlala, the municipality’s former financial chief, Tumelo Ratau, and the owner of Kelotlhoko Property Services, Keaobaka Kgatiteroe, were arrested at their homes in the city yesterday. They face charges including contravention of the Municipal Finance Management Act, fraud and money laundering. The trio are expected back in court in March next year.
# Tennis: Japanese champion Naomi Osaka has raised concern over the well-being of Chinese player Peng Shuai. She wasn’t heard of since accusing a senior Chinese official of sexual abuse. Peng made the accusations against former vice premier Zhang Gaoli on the second of this month. The women’s governing body, WTA, confirmed earlier Peng was safe and not under physical threat, but couldn’t reach her directly. Osaka says on Twitter she is in shock and hopes Peng was all right. Thirty-five-year-old Peng was once the world’s number one doubles player.
# Financial indicators: The dollar is trading at 15-rand-48-cents and the euro at 17-rand-53-cents. One British pound costs 20-rand-83-cents and Bitcoin trades at 60-thousand-568-dollars-3-cents. Gold is selling at one thousand-864-dollars-19-cents a fine ounce and Brent crude oil is quoted at 81-dollars-87-cents a barrel.
# And finally: Zulu King Misuzulu kaZwelithini has distanced himself from reports stating he will marry a second queen. According to reports, kaZwelithini was preparing to marry Nozizwe Mulela from eSwatini. However, the king’s spokesperson, Prince Thulani Zulu, says the king has paid lobola for Ntokozo Mayisela, the mother of his two children. Zulu adds there are no arrangements for His Majesty to marry anyone.
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