How to Invest in JSE Top 40 Index

How to Invest in JSE Top 40 Index

By SAPeople Contributor 30-11-22 23:27

The JSE Top 40 Index is composed of companies that are listed on the Johannesburg Stock Exchange. It is one of two major stock indexes. This article will show you how to invest in JSE Top 40 as well as how to trade the Index with CFDs. It will also identify companies to monitor, news […]

SA Government Notes Fitch’s SA ‘BB-’ Rating

South African Government Notes Fitch’s SA ‘BB-’ Rating

By SAPeople Contributor 28-11-22 11:10

The South Africa government says it has noted Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and maintained a stable outlook, after the rating agency kept SA at a sub-investment grade on Friday. According to Fitch, the affirmation takes into account the recent over-performance of revenue and the government’s […]

Derek Watts Tackles Toughest Interviews on Carte Blanche This Sunday

Syndicate Recruits SA Youngsters on Social Media as Drug Mules – Carte Blanche This Sunday

By SAPeople Contributor 26-11-22 12:53

Legendary Carte Blanche presenter, Derek Watts, has interviewed a range of South Africans from corrupt politicians to criminal masterminds, heroes changing the world to flood victims and grieving relatives… but he says this week’s interviews with young female victims of ‘social media mafia’ were probably his toughest ever. Here’s what’s coming up on Carte Blanche […]

dumped-police-dogs-carte-blanche

Carte Blanche: Over 200 Police Dogs Dumped at NSPCA

By SAPeople Contributor 22-11-22 00:18

Here’s what’s coming up on Carte Blanche this week. You can watch the show on Sunday 20 November in South Africa on DStv Now or stream it overseas in most countries on Showmax from Tuesday 22 November if you’re abroad. Dumped – Police Dogs Police dogs once had a bad reputation as a brutal symbol […]

Millions of rands in bogus insurance claims for supposed injuries while using PRASA have been uncovered. Archive photo: Ashraf Hendricks

How an Honest PRASA Worker Turned Down Corrupt Money and Helped Uncover Fraud

By SAPeople 19-11-22 13:08

Over R9-million worth of bogus claims processed in just six months – in a scheme that could run back to 2014. By James Stent. A PRASA investigation has uncovered a multi-million rand scam involving bogus insurance claims. The scam was uncovered because of the honesty of one of PRASA’s lowest-paid people. Zethembiso Dladla came forward after […]

Loadshedding in South Africa

South Africans Plunged into Stage 4 Load Shedding ‘Until Further Notice”

By SAPeople 19-11-22 01:20

Eskom says Stage 4 load shedding will be implemented across South Africa until further notice. The power utility explained that the intensified rotational power cuts are due to a high level of breakdowns at power stations, delays in return to service and the depletion of emergency reserves. “Since Friday morning a generating unit each at […]

Save money, renew car licence at the post office

Save Money and Renew Your Car Licence at the Post Office

By SAPeople Contributor 16-11-22 12:02

The South African Post Office (Sapo) has encouraged motorists to renew their annual car licences at its branches, as it saves customers money since they don’t charge commission for the service. “The benefit of renewing your car licence at a post office branch is that there is no extra commission at all, unlike shops that […]

Loadshedding in South Africa power cuts

2022 Confirmed as Most Intensive Load Shedding Year to Date

By SAPeople 15-11-22 09:31

If 2022 has felt like the worst year for load shedding, you’re right! The Council for Scientific and Industrial Research (CSIR) announced on Monday that September 2022 recorded more load shedding than the whole of 2020. “September 2022 was an exceptionally high month in terms of load shedding. The year 2022 is the first year […]

From left to right: John Beto, Sinoxolo Tofi, Baithuti Sasha, Else Beto and Thobani Ngenjani are among a group of disabled residents in Dunoon who are taking up the task to be cleaners at a local school for six months. Photo: Peter Luhanga

Disabled Dunoon Residents Roll Up Their Sleeves to Clean A School

By SAPeople 14-11-22 19:51

“Our pupils accept them as members of our society who are capable of doing things” says principal of Sophakama Primary. By Peter Luhanga. A group of Dunoon residents have not let their disabilities hold them back from helping to clean a local school. The ten people with disabilities have signed a six-month contract, which commenced […]

France and Germany Grant SA €600-Million Concessional Financing

France and Germany Grant SA €600-Million Concessional Financing

By SAPeople 09-11-22 14:32

South Africa, France and Germany have signed loan agreements for the two European nations to each extend €300 million in concessional financing to South Africa to support the country’s efforts to reduce its reliance on coal through a just transition to cleaner energy sources. In a statement on Wednesday, SA’s National Treasury said the French […]

River Club interdict obtained by fraud, three judges rule

3 Judges Rule River Club Interdict Obtained by Fraud, Construction on Amazon’s Africa HQ Can Continue

By SAPeople Contributor 09-11-22 13:39

A high court interdict granted in the Western Cape High Court earlier this year that stopped development of the R4.6-billion River Club development, has been rescinded. This was because it was obtained “through fraud”. Judges Elizabeth Baartman, Hayley Slingers and James Lekhuleni ruled on Tuesday that Tauriq Jenkins, who purported to act on behalf of […]

UK Steps Up Climate Adaptation Finance Support for Africa

UK Steps Up Climate Adaptation Finance Support for Africa

By SAPeople 09-11-22 12:49

The United Kingdom has announced a significant increase in its financial support to the poorest African countries that bear the brunt of climate change. Speaking alongside African leaders at COP27 in the Egyptian city of Sharm El Sheikh, British Foreign Secretary James Cleverly confirmed the UK will provide £200 million to the African Development Bank […]

Ramaphosa: Commitments Made at Climate Change Conference Must be Honoured

Ramaphosa: Commitments Made at Climate Change Conference Must be Honoured

By SAPeople 09-11-22 10:29

President Cyril Ramaphosa has told world leaders at the United Nations climate talks that commitments made during climate change negotiations must be honoured. Delivering the country statement on Tuesday, the President said Africa needs to build adaptive capacity, foster resilience and address loss and damage, as agreed at Paris COP 21. The two-day Climate Implementation […]

Bold and the Beautiful star Terry Pheto’s three-storey home was built using R3-million from lottery grant money meant for an “initiation programme”. Photo from Pheto’s Instagram account (fair use)

Terry Pheto’s House May Go Up for Auction to Recover Lottery Funds

By SAPeople 02-03-23 14:41

Numerous properties belonging to Lotteries Commission executives, their relatives and cronies frozen by court order. By Raymond Joseph. UPDATE 2 MARCH 2023: Terry Pheto’s house goes on auction to recover lottery funds Millions in properties and assets, including actress Terry Pheto’s luxury home, have been frozen by court order. The Asset Forfeiture Unit is seeking […]

Lights, Camera, Cape Town! South Africa's World-Class Film Industry

Lights, Camera, Cape Town! South Africa’s World-Class Film Industry

By SAPeople 07-11-22 17:22

At first glance the dystopian tech horror Black Mirror, the 2022 film The Woman King, and the feel-good Netflix teen Rom-Com The Kissing Booth don’t appear to have much in common. They’re so generically distant that one might not guess their commonality at all. Unless viewers recognise the incredible backdrops of cityscapes, rolling hills and […]

South Africa load shedding power cuts

South Africa to Endure Evening Load Shedding ‘Until Further Notice’

By SAPeople 07-11-22 12:38

Eskom has announced that load shedding will be implemented from 4pm to 5am every evening “until further notice”. This as the power utility continues to battle breakdowns at power stations and for the recovery of emergency generation capacity. “The nightly implementation of load shedding is mainly due to the need to preserve emergency generation reserves […]

shark attacks kayak

How to Tell A Loan Shark From a Legitimate Lender

By SAPeople Contributor 04-11-22 13:30

Loan sharks can be found in neighbourhoods across South Africa, often targeting areas without easy access to banks or using personal networks to try and convince borrowers to turn to them in times of need. The problem is that these unlawful lenders are not registered, nor do they conform to lending rules, and can be, […]

Glencore UK Ordered to Pay $310-Million for Bribery in Africa Oil

Glencore UK Ordered to Pay $310-Million for Bribery in Africa Oil

By SAPeople 03-11-22 22:51

LONDON (Reuters) – A British subsidiary of mining and trading group Glencore was ordered to pay a total penalty of £276.4-million ($310.6-million) in a London court on Thursday for seven bribery offences in relation to its oil operations in Africa. By Sam Tobin. Glencore Energy UK was ordered to pay a £182.9 fine, and a […]

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