police

Heartless Killers of Security Guards Shot in Police Shootout

By SAPeople Contributor 23-10-18 17:06

Police in South Africa have shot and killed two men in KwaZulu-Natal in a ‘blaze of bullets’ who were allegedly responsible for the murder of two security guards in a stationary vehicle in Soweto two weeks ago. This was confirmed by South African Police Service (SAPS) spokesperson Vishnu Naidoo in a statement on Tuesday. Chilling […]

South Africa’s New Finance Minister Walks Budget Tightrope to Fix Economy

By SAPeople Contributor 22-10-18 23:35

JOHANNESBURG (Reuters) – South Africa’s new finance minister will target spending on agriculture, infrastructure and job creation projects in his inaugural budget speech on Wednesday in a bid to haul the economy out of a recession. With the government facing a ballooning debt, stubbornly high unemployment, struggling state companies, and dwindling coffers, Tito Mboweni, a […]

South Africa’s Transnet Removes CEO Following Alleged ‘Misconduct’ Worth Millions

By SAPeople Contributor 22-10-18 12:15

JOHANNESBURG – Wiping out corruption in South Africa continues with an announcement that Transnet’s board of directors has removed Chief Executive Siyabonga Gama, who has been accused of misconduct in a multi-million-dollar deal. State-owned Transnet, which operates nearly three-quarters of the African rail network – most of which is in South Africa – has been […]

VBS Mutual Bank Retrenches Employees

By Wendy Mothata 19-10-18 11:48

Some employees of VBS Mutual Bank have finally agreed to sign retrenchment letters following days of refusing to sign them. The employees had a meeting with representatives of the office of the curator and the bank’s Human Resource Department in Limpopo, Thohoyandou on Thursday. According to SABC 100 workers are being retrenched while 25 will […]

South Africa’s Ramaphosa Orders Inquiry at $142 Billion State Pension Fund

By Reuters 18-10-18 11:21

JOHANNESBURG – South Africa’s President Cyril Ramaphosa on Wednesday appointed a judicial inquiry into the R2 trillion rand ($142 billion) state pension fund, a government gazette said, following corruption allegations. The PIC is Africa’s biggest pension fund and the biggest investor in South Africa’s economy holding a large volume of bonds issued by government and […]

South Africa’s Treasury Says It Will Struggle to Finance Public Services

By Reuters 16-10-18 11:53

CAPE TOWN – South Africa will struggle to finance the public services that form the largest part of its budget… due to falling revenues and an economic recession, the National Treasury told lawmakers on Tuesday. South Africa slipped into recession in the second quarter for the first time in nearly a decade; and the political […]

WATCH Waste-Pickers Hurtle Through Sandton On a Trolley!

By SAPeople Contributor 16-10-18 10:20

South Africans have had mixed reactions to a video posted on Sunday showing two guys weaving through the traffic on Grayston Drive in Sandton, Gauteng… on a trolley. “Nothing serious, just some guys on their way to Sandton via Grayston Drive on a trolley!” wrote Intelligence Bureau SA, when they uploaded the video. The two […]

Ramaphosa Rejects Report He Knew About Looting at VBS Bank

By SAPeople 15-10-18 21:19

JOHANNESBURG – South African President Cyril Ramaphosa on Monday rejected a newspaper report that he failed to stop R1.9 billion ($132 million) being illegally siphoned from VBS Mutual Bank. City Press reported on Sunday that sources close to a major VBS shareholder said the shareholder had informed Ramaphosa about what was going on when he […]

Jooste Advised Friends to Sell Before Steinhoff Shares Collapse

By SAPeople Contributor 11-10-18 14:17

JOHANNESBURG – Steinhoff’s shares fell more than 9 percent on Thursday to a near two-month low after a global market rout and a report by Bloomberg saying the retailer’s former CEO advised friends to sell the firm’s stock days before the shares collapsed. Traders said the retailer’s losses were exacerbated by a Wall Street rout […]

Post Office Honours President Ramaphosa with Stamp

By SAPeople Contributor 09-10-18 18:07

President Cyril Ramaphosa has received a stamp of approval from the South African Post Office – his very own stamp! The President was presented with a commemorative stamp bearing his image by the SA Post Office at Tuynhuis in Cape Town on Tuesday… which happens to be World Post Day. Ramaphosa becomes the fifth Head […]

guptas

Gupta Naturalisation Probe Resumes

By SAPeople Contributor 09-10-18 17:43

The Portfolio Committee on Home Affairs is set to resume the investigation into the (questionable) process followed in the naturalisation of the Gupta family. Last week, the committee said it had concluded the initial phase of the inquiry, which included the collection of all relevant information. However, the committee said it had identified gaps which […]

South Africa Has A New Finance Minister – Tito Mboweni – as Nene Bows Out

By SAPeople 09-10-18 17:14

South African President Cyril Ramaphosa has appointed former Governor of the Reserve Bank Tito Mboweni as Finance Minister on Tuesday, replacing Nhlanhla Nene. Ramaphosa made the announcement at Tuynhuis this afternoon, after accepting Nene’s letter of resignation. Quick action was required on the fate of Nene after the Rand suffered its worst fall in six […]

Zulu King and AfriForum Team Up Against Land Expropriation

By SAPeople Contributor 09-10-18 13:23

Following Zulu King Goodwill Zwelithini’s announcement that he wants South Africa’s President Cyril Ramaphosa to sign an agreement promising to exclude territories that the monarch controls from the government’s land reform drive, the King has gone a step further and announced a partnership with AfriForum! Lobby group, AfriForum, is also opposed to land expropriation without […]

South Africa Wins Big at World Travel Awards for Africa and Indian Ocean

By SAPeople 07-10-18 21:16

South Africa has been voted Africa’s Leading Destination… with Durban named Africa’s Leading City Destination. The announcements were made at a red carpet event at the World Travel Awards (WTA) in Durban on Saturday night. The WTA said that Durban is currently “enjoying a renaissance thanks to a series of landmark development projects”. The KwaZulu-Natal coastal […]

farms

Stats SA to Conduct Census of Commercial Agriculture

By SAPeople Contributor 06-10-18 15:27

Statistics South Africa (Stats SA) will from 15 October start a countrywide Census of Commercial Agriculture. The exercise will see Stats SA deploy about 600 field staff to various commercial farms across the country. The study, according to Stats SA, will establish: the number of farms, their size of farms, crop types being farmed in […]

Nene Says Sorry, Deeply Regrets Gupta Meetings at Their Home

By SAPeople Contributor 05-10-18 17:03

JOHANNESBURG (Reuters) – South Africa’s Finance Minister Nhlanhla Nene apologised on Friday for visiting the home of the Gupta brothers – friends of scandal-plagued former leader Jacob Zuma – as pressure mounts on one of President Cyril Ramaphosa’s key allies. Nene has become an increasingly divisive figure after testimony he gave at an inquiry into […]

SAA Appoints Deon Fredericks as Interim CFO

By SAPeople Contributor 05-10-18 11:47

South African Airways (SAA) has appointed Deon Fredericks as its new interim Chief Financial Officer (CFO). Fredericks’ appointment was announced by South Africa’s national carrier on Thursday. His appointment is effective from 15 October and he is on secondment from Telkom for a 12-month period. “We welcome the appointment of Fredericks to ensure that SAA’s […]

GOOSEBUMPS! Watch Hero’s Welcome for Caster Semenya by Discovery Staff

By SAPeople 05-10-18 19:35

Watch below as South African athlete – and new Discovery ambassador – Caster Semenya is treated to a Discovery “family” welcome (which by the way was a total surprise for her, she thought she was just going for a meeting)… Discovery founder and group chief executive, Adrian Gore, was on site to welcome Caster personally. […]

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