News 12:00

BULLETIN 23 July 12 pm

Good afternoon. I am……..

In this bulletin:

# Small enterprises are boosted by the signing into law of the National Small Enterprise Amendment Bill
# Harris earns enough delegate support to become the American Democrats’ presidential nominee
# And, Olympics: Alcaraz will let Nadal take the lead in their doubles matches in Paris

# President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill into law. This amends the National Small Enterprise Act of 1996 to establish a new entity, the Small Enterprise Development Finance Agency. The president says the agency will function as a one-stop-shop for aspiring entrepreneurs, and promote the development of the Co-operative Banking Institutions. The act also establishes the Office of the Small Enterprise Ombud Service, enabling an equitable trading environment for small enterprises.

# The eThekwini Municipality says the ReSURGEnce Conference held in Durban last week was a huge success, bringing sound investment and black economic empowerment opportunities. The conference drew a global delegation of about 100 people from the US, and another 170 people from different parts of the world. New York State senator, James Sanders Junior, says the conference was an incredible experience:

# US vice president Kamala Harris has secured the support of enough Democratic delegates to win the party’s nomination for president. She has been backed by well more than the one-thousand-976 pledged delegates she will need to win the nomination on the first ballot. Harris can only formally clinch the party’s nomination at the Democratic national convention next month. Speaking at the election headquarters in Delaware, Harris says she fully intends to unite the party and America and defeat Republican nominee Donald Trump:

# Olympics: Reigning Wimbledon and French Open tennis champion, Carlos Alcaraz, says he will let his legendary compatriot, Rafael Nadal, take the lead when they play doubles in France. The 21-year-old world number three says they will only discuss tactics once they arrive in the French capital. The competition takes place at Roland Garros, where 38-year-old Nadal won 14 of his 22 Grand Slam titles. Alcaraz, who has won four Grand Slam tournaments, says he’s the rookie while Nadal has clinched two gold medals already.

# The financial indicators: The dollar trades at 18-rand-37-cents and the euro at 19-rand-98-cents. One British pound costs 23-rand-73-cents and Bitcoin trades at 66-thousand-669-dollars-2-cents. Gold sells at two-thousand-397-dollars-11-cents a fine ounce and Brent crude oil is quoted at 82-dollars-53-cents a barrel.

# And finally: King of pop music Michael Jackson’s signed drawings will be auctioned off in Los Angeles next month. King’s Auctions says Jackson was influenced by many art genres, from classical and architectural to pop art and even formal portraiture. It adds that he also had a great fondness for London and British customs. Seventy-eight pieces will be auctioned off. Jackson died in 2009 at the age of 50.

Stay tuned for more news………….