Phindile Baleni

Probe into Death Threat to South Africa’s DG in the Presidency

By SAPeople Contributor 06-06-22 11:55

Security Agencies are investigating a death threat, sent to Director-General in the Presidency, Phindile Baleni, by mail last week. While the government has reiterated its commitment to fight corruption, even in the face of threats of violence, the decision to share the death threat letter and a bullet with the world has been questioned. The […]

H&M Celebrates Chosen Families With its Global Pride Campaign 2022, Featuring Family from South Africa

H&M’s Global Pride Campaign Features South African Family

By SAPeople Contributor 03-06-22 12:05

H&M’s 2022 Pride campaign celebrates the LGBTQIA+ community by shining a spotlight on three chosen families from South Africa, Spain and the UK. The caption on the campaign is: ‘Family is the people who love you, no matter who you love’. Local South African family the Angels are featured in the global campaign. The family members […]

DA welcomes Public Protector’s subpoena of Ramaphosa over Phala Phala theft

President Ramaphosa Denies Farm Robbery Allegations made by Former Spy Arthur Fraser

By SAPeople 02-06-22 22:32

The Presidency has ‘quashed’ allegations of criminal conduct on President Cyril Ramaphosa’s behalf following a burglary at his Limpopo farm, Phala Phala, in February 2020. The allegations have been made by former Correctional Services Commissioner, Arthur Fraser, who released a media statement on Wednesday, alleging that during the 2020 incident, at least $4 million had been […]

petrol and diesel price

General Fuel Levy Temporary Suspension Extended to August

By SAPeople Contributor 01-06-22 20:37

The SA government has offered a much-needed short-term reprieve to South African motorists by extending the temporary reduction in the general fuel levy of R1.50 per litre. The reduction, which began on 6 April, was meant to end on 31 May. It has brought some relief to households from rising fuel prices following the Russian […]

Eskom Continues to Implement Load Shedding

Eskom Announces an Evening of Loadshedding for South Africans

By SAPeople 30-05-22 16:15

Eskom has announced that it will implement Stage 2 load shedding from 5pm to 10pm this evening (Monday 30 May), due to losing generation units at the Majuba and Medupi power stations today. However, the power utility expects more units to return to service overnight so tomorrow should look ‘brighter’. “Three generation units are expected to […]

Deputy President Mabuza emphasised that land tenure reform remains a critical component of government’s land reform programme

Land Reform at Critical Crossroads, says SA’s Deputy President David Mabuza

By SAPeople 28-05-22 13:38

Deputy President David Mabuza says the nation is at a watershed moment where the land question must be tackled head-on through all constitutionally compliant instruments in order to effect the necessary changes. “We are at a crossroads, one possibly leading to anarchy and destruction, and the other, leading to a carefully guided land reform programme […]

Is Sun City responsible for allowing access to its casino to a man with an addiction to gambling? The Gauteng High Court in Johannesburg says no. Photo: Nathan Hughes Hamilton via Flickr (CC BY 2.0)

Gambler Can’t Claim Damages from Sun City Casino, Judge Rules

By SAPeople 26-05-22 18:00

Businessman put himself on “banned list” but then lost R5 million. By Tania Broughton A gambler who put himself on the “banned list” but still went into a casino and lost R5 million cannot claim damages, a judge has ruled. Businessman Suhail Essack argued that though he had been excluded from all gambling establishments at […]

What are the Top 10 Benefits of Forex Trading?

What are the Top 10 Benefits of Forex Trading?

By SAPeople Contributor 25-05-22 17:41

Have you ever wondered what you can get out of Forex trading and why it has become so popular? Well, give this a read and find out. The purchasing and selling of currency values to make a profit are known as foreign exchange trading or forex trading. Forex trading occurs worldwide as a global market, […]

City of Johannesburg tariff hikes

S&P Raises South Africa’s Outlook to ‘Positive’

By SAPeople 20-05-22 23:35

(Reuters) – Ratings agency S&P revised  South Africa’s outlook to “positive” on Friday, saying it reflects favourable terms of trade and a path toward contained fiscal expenditure for the country. S&P upgraded its outlook from “stable”, and affirmed the “BB-/B” foreign currency as well as “BB/B” local currency ratings on South Africa. “Recent favourable terms […]

Lesetja Kganyago South Africa hikes rates by 50 basis points as predicted

South Africa Increases Repo Rate by 50 Basis Points to 4.75 %

By SAPeople 20-05-22 08:24

The South African Reserve Bank’s Monetary Policy Committee (MPC) has once again increased the benchmark repo rate by 50 basis points to 4.75%. The decision was in line with a Reuters poll published last week. Reuters said “South Africa‘s central bank on Thursday increased its main lending rate by the largest margin in more than […]

Proposed Eskom move irrational and disastrous

Eskom Announces Stage 2 and Stage 3 Loadshedding for Week Ahead

By SAPeople 15-05-22 10:59

Due to a continued loss of generating capacity, Stage 2 and Stage 3 loadshedding are to be implemented from Sunday evening across South Africa, Eskom announced in a statement on Sunday morning. Stage 2 loadshedding will be implemented from 17:00 – 22:00 tonight (Sunday 15 May), and Stage 3 will be implemented on Monday and Tuesday […]

Elon Musk Puts $44-Billion Twitter Deal on Hold Over Fake Account Data

Elon Musk Suspends $44-Billion Twitter Deal Over Fake Account Data

By SAPeople 14-05-22 00:49

(Reuters) – Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. By Greg Roumeliotis and Sheila Dang. Since 2013, Twitter has downplayed the spread of fake accounts on its […]

World’s Largest Hydrogen Truck, a ‘Giant Leap’ for SA and Alex Lekgau

World’s Largest Hydrogen Truck, a ‘Giant Leap’ for SA and Alex Lekgau

By SAPeople 07-05-22 16:01

President Cyril Ramaphosa says the launch of a hydrogen-powered truck is a “giant step” in the right direction for South Africa’s budding green hydrogen economy. And there’s one man particularly who’s in the spotlight right now – Alex Tumisang Lekgau, Africa’s first and ONLY licensed operator of said hydrogen truck. Alex has risen from a […]

Electric Cars Aren't Yet a Solution for South Africa

Electric Cars Aren’t Yet a Solution for South Africa

By SAPeople 05-05-22 09:39

Evaluating the environmental footprint of electric cars. By Neil Thomas Stacey. Should South Africans switch to electric cars to reduce their environmental footprint? The answer is no. In the South African context, electric cars are currently the dirtiest means of personal transport available, and will remain so until we have fixed our electricity generation. Autotrader’s […]

loadshedding-South-Africa-Scopio

South Africa in for Another Week of Stage 2 Loadshedding

By SAPeople 03-05-22 14:55

Eskom is expected to implement stage two load shedding from 5pm Tuesday evening until the early hours of next Monday morning. These latest power cuts come after the energy supplier lost generation capacity at several power stations. “This load shedding has been caused by a shortage of generation capacity owing to delays in returning generators […]

Elon Musk Twitter

Elon Musk Shares His Tips on Investing in the Stock Market

By SAPeople 01-05-22 23:41

With Elon Musk being the richest man in the world, and currently one of the most famous – having just bought Twitter for $44-billion – it seems a lot of people have been asking him for tips on trading. So, the South African born and raised entrepreneur (SpaceX, Tesla and more!) has graciously shared his […]

Cape Town Announces First Steps to Take Over Metro Rail System

Cape Town Announces First Steps to Take Over Metro Rail System

By SAPeople 28-04-22 16:07

Cape Town Mayor Geordin Hill-Lewis has announced that the City of Cape Town “is now ready to proceed with a detailed feasibility study for the devolution of the metropolitan rail function to this metro.” In other words, Cape Town has finally been given the green light by SA’s National Treasury  to look at localising its […]

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