Less Farm Murders In South Africa, But More Attacks

By SAPeople Contributor 29-01-19 14:38

During 2018 there was a decrease in farm murders in South Africa, but a sharp increase in farm attacks, according to findings disclosed by AfriForum today. This indicates that even though the problem is becoming worse, people are looking after their safety better while also defending themselves better, the civil rights organisation said during a […]

South Africa’s Absa CEO Maria Ramos to Retire at End of February

By Reuters 29-01-19 10:51

South African lender Absa said on Tuesday its chief executive Maria Ramos, who has been at the helm for ten years, will retire at the end of February after the firm completed its separation from Barclays PLC and relaunched its brand. “With the separation on track and our new strategy as a standalone financial institution […]

South Africa’s Government Keen to See SAA Debt Restructured Soon

By Reuters 28-01-19 13:26

South Africa’s government would like to see South African Airways debt restructured as soon as possible, Transport Minister Blade Nzimande told Reuters on Monday. Late last year a consortium of local and international investors reportedly proposed a R21-billion private loan to South African Airways (SAA)… on condition that the consortium receives a 51% equity share […]

South Africa’s Naspers In Talks to Take Control of Russia’s Largest Classified Ads Website Avito

By Reuters 26-01-19 10:33

STOCKHOLM/FRANKFURT/JOHANNESBURG – South African media and e-commerce Naspers said it was in talks to increase its stake in Avito, confirming a Reuters report that the group was close to taking control of Russia’s largest classified advertising platform. “We can confirm that we are currently engaged in a process to potentially increase our stake in Avito,” […]

Zimbabwe Army Says “Bogus” Soldiers Behind Beatings

By Reuters 25-01-19 14:36

Zimbabwe’s army claimed on Thursday that soldiers accused of beating residents in townships following protests over fuel price hikes were impostors who tarnished the name of the military. Security forces have been cracking down on violent demonstrations that erupted last week after President Emmerson Mnangagwa decreed a sharp increase in the price of fuel. Rights […]

South Africa’s Eskom Should Be Split, Experts To Advise President

By Reuters 24-01-19 17:08

JOHANNESBURG – South Africa’s Eskom could be split into three separate firms under proposals from experts President Cyril Ramaphosa has hired to help revive the ailing state power company, two sources familiar with the matter told Reuters. Reforming Eskom is vital to get South Africa’s economy firing on all cylinders. Eskom supplies more than 90 […]

72-Hour Plan Activated After Cops Shot in KZN

By SAPeople Contributor 23-01-19 01:02

National Police Commissioner General Khehla Sitole has condemned the attack on three police officers in Nongoma, KwaZulu-Natal, on Monday morning. In a statement, the South African Police Service (SAPS) said the officers, who are members of the Nongoma Visible Policing unit, were ambushed while responding to business robberies at two filling stations. “On arrival at […]

WhatsApp Limits Users to 5 Text Forwards to Curb Rumours

By Reuters 22-01-19 09:59

Facebook Inc’s WhatsApp is limiting worldwide the number of times a user can forward a message to five, starting yesterday, as the popular messaging service looks to fight “misinformation and rumours”, company executives said on Monday. Previously, a WhatsApp user could forward a message to 20 individuals or groups. The limit of five is in […]

Zuma’s Deal to Record Anti-Apartheid Songs for Project Makes Global News

By Reuters 21-01-19 23:14

News of Jacob Zuma’s record deal with the eThekwini Municipality is making global news as Reuters reports today that the former South African president – long known for singing and dancing at political rallies – has been chosen as the voice of anti-apartheid liberation songs in a South African history project. Regardless of whether one is […]

AfriForum Wins Land Grab Court Case with Malema’s Money

By SAPeople Contributor 21-01-19 18:13

AfriForum was victorious in the Northern Gauteng High Court on Monday against alleged illegal land invaders and the South African Police Service (SAPS). The victory follows an urgent application to force the SAPS to remove land invaders who had apparently illegally occupied land in the De Wildt area in the North West. AfriForum said in […]

PIC Commission of Inquiry Begins in South Africa

By SAPeople Contributor 21-01-19 12:43

Public hearings into allegations of impropriety at the Public Investment Corporation (PIC) get underway in Tshwane this morning. Announced in October 2018 by President Cyril Ramaphosa, the Judicial Commission of Inquiry is investigating allegations of impropriety following reports of poor governance and precarious investment processes. The PIC is the only investment management company in South […]

South Africa Turned Down Zimbabwe Request for $1.2 Billion Loan in December

By Reuters 21-01-19 11:07

South Africa turned down a request from its southern African neighbour Zimbabwe for a $1.2 billion loan in December, a spokesman for the finance ministry said on Monday. “South Africa doesn’t have that kind of money,” National Treasury spokesman Jabulani Sikhakhane said. Zimbabwean officials were not immediately available for comment. Zimbabwe was hit by anti-government […]

Drought and Animal Disease Threaten South African Farmers

By Reuters 18-01-19 19:08

South African grain and red meat farmers are bracing for hard times after dry weather conditions and an outbreak of the highly contagious foot and mouth disease suspended meat exports, officials said on Friday. Maize prices have climbed amid concerns that dry conditions in the main part of South Africa’s maize belt have delayed crop […]

Saudi Arabia Plans Oil Refinery, Petrochemicals Plant in South Africa

By Reuters 18-01-19 12:58

PRETORIA – Saudi Arabia plans to build an oil refinery and a petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid Al-Falih said on Friday. In comments following a meeting with South Africa’s energy minister Jeff Radebe in Pretoria, Al-Falih said Saudi oil would be […]

French Bank Sells its South African Unit to ABSA

By Reuters 18-01-19 11:12

French bank Societe Generale said on Friday it agreed to sell its South African unit offering custody, trustee and clearing services to South Africa-listed bank ABSA as part of a strategy to review its scope of businesses. Societe Generale did not disclose the amount of the transaction. The French bank also signed an agreement with […]

Lindiwe Sisulu Dismisses Angelo Agrizzi’s Bosasa Claim

By SAPeople 18-01-19 10:32

International Relations and Cooperation Minister Lindiwe Sisulu’s office has dismissed Angelo Agrizzi’s claim that the Minister was among the directors of Dyambu Holdings – the company that gave birth to Bosasa. “This is incorrect and false,” said spokesperson Ndivhuwo Mabaya. Agrizzi, who is the former Chief Operations Officer (COO) of Bosasa, made the claim at […]

South African Rand Falls After Rate Decision, and Stocks Down

By Reuters 17-01-19 21:16

JOHANNESBURG – South Africa’s rand fell against the dollar on Thursday after the Reserve Bank left interest rates unchanged and sounded less hawkish, citing an improved inflation outlook. Stocks closed lower, led by a slump in retailers after poor sales updates from Mr Price, Woolworths and Truworths. At 1522 GMT, the rand traded at 13.8000 […]

South Africa’s Nando’s Amongst Fast Food Giants Blamed for Chicken Suffering

By SAPeople 16-01-19 02:12

South Africa’s popular peri-peri chicken restaurant Nando’s may create fantastic adverts, but according to a global study by World Animal Protection (WAP), they are performing “very poorly” when it comes to taking care of their chickens. In fact, out of nine companies that were assessed, Nando’s came third to last, behind other iconic brands such […]

Soldiers Patrol Zimbabwe Streets After Deadly Protests Over Economy

By Reuters 15-01-19 16:54

HARARE – Soldiers patrolled Zimbabwe city streets on Tuesday and confrontations with angry civilians threatened to boil over, as the government offered public workers more money a day after protests over a disintegrating economy turned deadly. Monday’s unrest, in which several people died, followed sharp hikes in fuel prices decreed by President Emmerson Mnangagwa. The […]

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