JOHANNESBURG – KPMG South Africa has reported a former partner to the police over his alleged role in the VBS corruption scandal in which almost R2 billion ($144 million) was stolen from the bank. According to two KPMG employees, familiar with the matter, the accounting firm sent an internal email to staff on Friday that […]

South Africa’s Minister of Public Enterprises, Pravin Gordhan, has been awarded an international Doctorate of Business Administration by the prestigious Henley School of Business, University of Reading in the UK. Henley School of Business said they were delighted to announce the award for Gordhan, and that “he is the first South African to receive this […]

Democratic Alliance (DA) Leader Mmusi Maimane on Friday submitted a request to the Public Protector to investigate the relationship of President Cyril Ramaphosa with African Global Operations (formerly known as Bosasa). Maimane said if the Public Protector finds that the President knowingly and wilfully misled Parliament, he will have to face the consequences. In a […]

To celebrate their 25th birthday, Engen management and employees embarked on a number of clean-up initiatives around the country – including beach clean-ups in coastal areas and river clean-ups for inland areas. In Cape Town, 100 employees were transported to Blaauwberg Nature Reserve yesterday where they spent the morning cleaning the area to make it […]

This week’s episode of Carte Blanche exposes something wonderful happening in South Africa – young men from the Cape Flats giving hope to farmers! The show also reveals how South African civilians are fighting back against dreaded car jackings, interviews the South African colonel who narrowly escaped death row in South Sudan, now safely home for […]

South Africa will invest $1 billion in South Sudan’s oil sector, which includes the construction of a refinery, says Energy Minister Jeff Radebe. Radebe and his South Sudanese counterpart for petroleum, Ezekiel Lol Gatkuoth, announced the investment on Friday. South Sudan’s oil industry is dominated by Asian firms including China National Petroleum Corporation (CNPC), Malaysia’s Petronas and India’s […]

Civil rights organisation AfriForum is attending a United Nation’s Forum in Geneva, Switzerland, in an effort to muster support against the South African government’s proposed amending of the Constitution in order to enable land expropriation without compensation. AfriForum’s attendance at the UN’s Forum on Human Rights, Democracy and the Rule of Law is part of […]

JOHANNESBURG (Reuters) – Sibanye-Stillwater said on Thursday it would temporarily suspend night shift work after one employee was killed and others injured during overnight protests at its South African gold operations. The firm’s shares fell more than 3 percent in early trade, in response to Wednesday’s decision by South Africa‘s competition regulator to approved its […]

A former high-profile footballer was amongst four suspects arrested in a HAWKS drug-bust in Gauteng, South Africa. Acting National Police Commissioner Lieutenant General Stefan Schutte has commended Crime Intelligence, the Directorate for Priority Crime Investigation (Hawks) and Gauteng Province Anti-Gang Unit for the discovery of a clandestine drug laboratory at a Randfontein small holding. The […]

Finance Minister on Wednesday tabled the Carbon Tax Bill in Parliament, giving effect to the announcements made in the 2017 and 2018 Budget statements. Tabling the bill, Mboweni stated that “climate change poses the greatest threat facing humankind, and South Africa intends to play its role in the world as part of the global effort to […]

The Democratic Alliance (DA) laid criminal charges against the EFF’s Julius Malema, Floyd Shivambu and the party itself on Thursday. This followed allegations that the EFF used corrupt means to receive R1.8 million from VBS Mutual Bank, said the DA. “Reports indicate that monies syphoned from the bank were allegedly funnelled through companies owned by […]

In a landmark judgment on Thursday morning, the North Gauteng High Court ruled that the Department of Mineral Resources (DMR) has to obtain “full and informed” consent from communities under customary law before granting mining rights to companies. Members of the Amadiba Crisis Committee (ACC) and lawyers from Richard Spoor Attorneys celebrated outside the courtroom […]

The Department of Public Enterprises is considering the possibility of introducing a strategic equity partner for South African Airways (SAA), says the Parliamentary Communication Services. Officials from the department told the Standing and Select Committees on Appropriations that despite previous bail-outs for SAA, including the R5 billion under consideration, the airline will still be insolvent. […]

The Rand strengthened Thursday afternoon after South Africa’s Reserve Bank (SARB) announced it is increasing its benchmark lending rate by 25 basis points in a close call, putting repo at 6.75 %. The new interest rates will take effect from 23 November 2018, with the prime lending rate being 10.25% SARB Governor Lesetja Kganyago said that while […]

JOHANNESBURG (Reuters) – Loss-making South African arms maker Denel has a problem as it fights to survive. Its potential saviour is Saudi Arabia, now drawing fierce criticism following the killing of journalist Jamal Khashoggi. But after being mismanaged for years and tainted by a far-reaching influence-peddling scandal, state-owned Denel now needs the kind of help […]

JOHANNESBURG – South Africa’s economic recovery plans face serious constraints with growing debt of state firms domestically and capital outflows as a result of global trade tensions, the International Monetary Fund (IMF) said on Monday. “Some of the initial optimism has dissipated as growth remains stuck in low gear and reform implementation has faced constraints,” […]

After the fiasco for South Africans living or travelling abroad during the last General Election, it was hoped that the SA government would make it easier this time around for them to exercise their legal right and cast their vote for a country that many are still very passionate about. But a sugar-coated press statement […]

South Africa’s Public Enterprises Minister Pravin Gordhan appears before the Commission in Parktown, Johannesburg, to give his much-anticipated testimony. WATCH State Capture Inquiry – Pravin Gordhan, 19 November 2018 After Lunch Break:

Eskom has placed its Executive for Group Capital Division at Eskom, Abram Masango, on suspension pending an investigation into various allegations of impropriety. The allegations of impropriety against Masango relate to the Kusile Power Station project. Eskom said the suspension is with immediate effect. “Whilst we recognise his rights to be presumed innocent, however, given […]

Holidays are approaching with an estimated two million holidaymakers expected to descend on South Africa’s iconic Durban beachfront. But the once beautiful sandy beaches  are now littered with heroin needles and shards of broken glass from bottles smashed to make crack pipes… Could a multi-billion rand make-over fix things? Durban residents are concerned about the […]

JOHANNESBURG – South Africa’s central bank will keep interest rates on hold at its Nov. 22 meeting, according to a Reuters poll, but the number of economists forecasting a rise suggests it is a very close call. In a poll taken in the past week, 16 of 26 economists said the South African Reserve Bank […]

President Cyril Ramaphosa has held discussions with the President of the European Parliament, Antonio Tajani, in Strasbourg, France; and thanked Europe for its role in South Africa’s development. The two leaders discussed strengthening cooperation between Africa and Europe, increased youth employment and the opportunities – and challenges – of immigration into Europe. President Ramaphosa said: “We […]

Following photos being shared wildly on social media in the past week or so, showing chaos at the Johannesburg International Mail Centre, the South African Post Office (SAPO) told SAPeople yesterday that the photos were old (they were in fact from 2015!) and that “the picture looks very different currently”. We asked the Post Office […]

According to South African President Cyril Ramaphosa, land reform in SA will not violate constitution. Addressing the European Parliament on Wednesday, Ramaphosa said the country will enact land reforms in adherence to the country’s constitution and with respect for the human rights of all its people. “This problem of land will be resolved through adherence […]

South Africa’s fisheries authority is in a state of crisis, paralysed by a factional war between its two most senior officials and hollowed out by a culture of corruption. This has left the Department of Agriculture, Forestry and Fisheries (DAFF) unable to perform many of its most basic tasks, including allocating fishing rights and enforcing […]