News 09:00

NEWSFLASH NEWS AGENCY 16 November 9 am

Good morning. I am……..

In this bulletin:

# The public is urged not to panic buy as egg stocks are steadily replenished
# Eskom secures much-needed funding for large expansion projects
# And,  UWCis  commended for suspending a student charged with attempted murder

# The Agriculture Department has assured the public that egg stocks are steadily replenishing and urged against panic buying. This as the avian influenza outbreak has been brought under control. The department’s spokesperson, Reggie Ngcobo, says 70-percent of uninfected farms are still producing eggs and chickens, and they have open import permits for eggs and poultry products from various countries:

Play sound: ENG ReggieonEgg

# Eskom says it has managed to secure funding for the next three to four years to enable the implementation of transmission capital projects. The power utility has started executing grid expansion projects, 47 of which are at various stages of execution, and will help unlock 37 gigawatts of new grid connection capacity. Eskom’s Transmission Development Plan indicates that around 53 gigawatts of new generation capacity must be added to meet anticipated demand by 2032. The utility’s Leslie Naidoo says a challenge will be to determine where capital will be sourced beyond the next five years.

# The Department of Women, Youth and Persons with Disabilities says it is encouraged by the University of Western Cape’s decision to suspend the student who stabbed his partner at a private student residence. Ntembeko Myalo was arrested on Saturday after he attacked Sinoxolo Myalo, a Cape Peninsula University of Technology student. He has been charged with attempted murder. The department says it is concerning that despite concerted efforts put in place over the years to address gender-based violence and femicide, the scourge continues relentlessly.

# UK prime minister Rishi Sunak says he will be introducing emergency legislation to confirm that Rwanda is a safe country for asylum seekers. This comes after the Supreme Court rejected the government’s plans to deport people seeking asylum to Rwanda, on the grounds that asylum seekers risked being re-deported and face persecution in their home countries. Sunak says his government is also working on a new international treaty with the East African nation, to address the judges’ concerns:

Play sound: ENG SunakOnTreaty

# Soccer: Manchester United CEO Richard Arnold is set to leave the club at the end of the year. Arnold, who has been with the club since 2007, expressed his gratitude for the privilege of serving the team. He oversaw significant commercial growth and took on the role of CEO in 2022. Arnold’s departure comes amid a potential deal for Sir Jim Ratcliffe to acquire a minority stake in the club, raising questions about further changes in the sporting structure.

# And the financial indicators: The dollar trades at 18-rand-25-cents and the euro at 19-rand-78-cents. One British pound costs 22-rand-61-cents and Bitcoin trades at 37-thousand-382-dollars-8-cents. Gold sells at one-thousand-962-dollars-11-cents a fine ounce and Brent crude oil is quoted at 80-dollars-37-cents a barrel.

Stay tuned for more news………….