News 15:00

BULLETIN 29 June 3 pm

Good afternoon. I am……..

In this bulletin:

# The Madlanga commission will consult with Khan’s lawyers after his shooting
# Township tourism warns anti-immigration protests impact the sector and leads to job losses
# And soccer: Africa achieves the highest percentage of teams reaching the World Cup’s second round

# The Madlanga commission will consult the legal representatives of senior Crime Intelligence officer Feroz Khan before deciding on the way forward after he survived a shooting last night. Spokesperson Jeremy Michaels says Khan will not appear as scheduled while the commission assesses the impact on its programme. He emphasises the commission will not speculate on the incident, but will engage relevant stakeholders:

# The Siyafana Sonke Action Campaign says civil society across South Africa has been mobilising to provide support for families affected by anti-immigrant violence. The movement’s Tauriq Jenkins says South African communities have stepped in to play a crucial role to ensure safety and humanitarian assistance for those affected. He says African citizens are not voluntarily requesting repatriation, but are fleeing from intimidation and violence:

Meanwhile, township tourism operators say ongoing immigration demonstrations are hurting the sector through cancellations and declining visitor confidence. Soweto Tourism chairperson Thato Mothopeng says uncertainty, fewer bookings from African tourists and South Africa’s international image as a xenophobic destination are affecting businesses. He says some potential investors are considering other countries. Soweto Tours founder Kgomotso Pooe says Johannesburg bookings have fallen by a third between May and June compared with last year. He warns the economic impact could deepen, with possible job losses in coming months.

# A consortium of investors led by Differential Capital completed a 1.27-billion-rand buyout of Murray & Roberts Limited’s major mining operations, successfully turning them into an independent mining services platform. Murray & Roberts, dating back to 1902, entered into voluntary business rescue in November 2024 following a period of financial pressure. Spokesperson for the consortium, Josh Cunliffe, says the deal secures major mining services businesses, including Cementation and Terra Nova Technologies:

# Soccer: The president of the African governing body, Patrice Motsepe, says hard work and investment in youth, coaching and infrastructure had paid off for the continent at the World Cup. Nine of the ten African countries at the tournament had reached the knockout phase. They are South Africa, Algeria, Cape Verde, the Democratic Republic of Congo, Egypt, Ghana, Ivory Coast, Senegal and Morocco, while only Tunisia missed out. Motsepe says the continent achieved 90-percent success in qualifying for the second round – the highest of all regions.

# And the financial indicators: The dollar trades at 16-rand-43-cents and the euro at 18-rand-73-cents. One British pound costs 21-rand-73-cents and Bitcoin trades at 59-thousand-867-dollars. Gold sells at four-thousand-and-28-dollars-82-cents a fine ounce and Brent crude oil is quoted at 73-dollars-2-cents a barrel.

Stay tuned for more news………….