News 08:00

BULLETIN 14 October 8 am

Good morning. I am……..

In this bulletin:

# The DA says Eskom cannot keep charging more while selling less electricity
# Two ANC Youth League members are shot dead in Katlehong
# And, the Vatican says Pope Leo has been diagnosed with lung cancer

# The DA says Eskom cannot continue raising electricity tariffs while selling less power. The utility reported a profit of 30.3-billion-rand for the financial year ending in March but also received 80-billion-rand in government debt relief. Electricity sales fell by 6.2-percent, while tariffs increased by nearly 13-percent. The DA’s Kevin Mileham says Eskom must cut costs, improve its financial controls and make sure future price increases are justified:

# The Madlanga Commission says it will engage with controversial socialite Serge Cabonge on the allegations he made in a recording during former Deputy National Police Commissioner Shadrack Sibiya’s bail hearing. In the recording, Cabonge disputes claims about the nature of his dealings with Sibiya, discusses his relationship with businessman Vusimuzi “Cat” Matlala and claims to have close ties with an official at the commission, who had promised to protect him. The Madlanga Commission spokesperson Jeremy Michaels says Cabonge has previously been mentioned during hearings:

# Two ANC Youth League members have been killed in a shooting at Nhlapo Section in Katlehong, Ekurhuleni, yesterday evening. Five other people sustained gunshot injuries and were taken to hospital for medical treatment. The shooting occurred after the victims had left a memorial service for a member of a political party at Mogobeng Primary School. Gauteng Police Commissioner Tommy Mthombeni says a suspect has been arrested in connection with the shooting:

# The Vatican says Pope Leo had part of his right lung removed, which was found to be cancerous, a diagnosis that preoperative tests had suspected. The 71-year-old pontiff underwent a 90-minute surgery at Rome’s Gemelli Hospital yesterday, which the Vatican says was successful. He was diagnosed with lung adenocarcinoma, a common form of lung cancer. The Vatican says that after the operation, Pope Leo awoke normally and had a brief period of observation before being taken to his room. The pontiff has cancelled all his public events until October 20.

# Soccer: Last year’s runners-up Arsenal continued their winning start in the Champions League, beating Lille 3-0 at the Emirates Stadium in London. Goals from Jurrien Timber, Eberechi Eze and substitute Bukayo Saka saw the Gunners extend their winning run in the league phase to 14 games. Five-time champions Barcelona also extended their winning start to the competition by defeating Galatasaray 4-1 in Istanbul. Bayern Munich were held to a three-all draw against Norwegian champions Viking, Manchester United suffered a 2-0 defeat to Atletico Madrid, while Club Brugge stunned Inter Milan 4-3.

# And the financial indicators: The dollar trades at 16-rand-45-cents and the euro at 18-rand-44-cents. One British pound costs 21-rand-84-cents, and Bitcoin trades at 83-thousand-700-dollars. Gold sells at four-thousand-166-dollars-42-cents a fine ounce, and Brent crude oil is quoted at 108-dollars-73-cents a barrel.

Stay tuned for more news………….