Rand Strengthens as Reserve Bank Increases Interest Rates in Tight Call

By SAPeople 22-11-18 16:05

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 […]

Only One in Four Children Lives with Both Parents in South Africa

By Guest Contributor 22-11-18 13:15

Millions of South Africa’s children are hungry. More than 40% have had multiple experiences of violence in their homes, schools and communities, and four million children are not living with either biological parent. This is according to survey results published in the latest Child Gauge report. Most alarming from the latest Child Gauge report is […]

South African Cabinet Reshuffle to be Announced Today (Not at Midnight!)

By SAPeople 22-11-18 15:09

South African President Cyril Ramaphosa will at 15h00 today announce changes to the National Executive in a statement to media at the Union Buildings in Pretoria. In a statement Thursday morning, the Presidency said these changes have been prompted by the passing away of the Minister of Environmental Affairs, Edna Molewa, as well as the […]

Thuli Madonsela Receives Germany’s Highest Tribute to an Individual

By SAPeople 21-11-18 23:47

South Africa’s former Public Protector, Advocate Thuli Madonsela, has been awarded the highest tribute Germany can pay to an individual. German President Frank-Walter Steinmeier bestowed Germany’s Great Order of Merit (or Federal Cross of Merit) upon Adv Madonsela on Tuesday, during his state visit to South Africa. He said: “Thuli Madonsela, you teach us how […]

South African Wildlife Vet Receives Major Award in New York City

By Guest Contributor 21-11-18 19:28

Ezemvelo KZN Wildlife veterinarian, Dr Dave Cooper, is the 2018 recipient of the Wild Tomorrow Fund’s Umvikeli Wildlife Protector Award. The award is for his lifetime of dedication to the care, management and conservation of rhinos and other wild animals in Africa… reports Larry Bentley from the Zululand Observer. The award recognises an individual or organisation […]

Gunmen Kidnap Italian Volunteer, Shoot Children Near Kenya’s Coast

By SAPeople 21-11-18 16:46

NAIROBI – Gunmen kidnapped a young Italian woman who was working as a volunteer, and shot and wounded another woman and four children in Kenya late on Tuesday, police and witnesses said – the first abduction of a foreigner there since raids blamed on Somali Islamist militants six years ago. Men armed with AK-47 rifles […]

Desmond Tutu Awards Children’s Peace Prize to US Parkland Shooting Survivors

By SAPeople 21-11-18 12:41

Archbishop Desmond Tutu last night awarded the International Children’s Peace Prize 2018 to March For Our Lives student founders from the United States, at an awards ceremony held in Cape Town, South Africa. In a personal message to all the finalists, Nobel Peace Laureate Tutu – who is Patron of KidsRights and The International Children’s […]

Food Prices Fall as South Africa’s Inflation Meets Forecasts

By SAPeople 21-11-18 11:27

JOHANNESBURG – South African inflation came bang in line with expectations in October with food prices edging lower while the impact of higher global oil prices was subdued, data showed on Wednesday. South Africa‘s headline consumer inflation rose to 5.1 percent year-on-year in October, data from Statistics South Africa showed on Wednesday. A Reuters poll […]

Momentum WILL Pay Ganas Family, And Similar Victims of Violent Crime

By SAPeople 21-11-18 01:18

Insurance company Momentum has listened to the outraged cries on social media in South Africa (you would’ve needed to be deaf to not hear them!), and announced a change to its policy that will allow victims of violent crimes, such as the Ganas family in KwaZulu-Natal, to receive a payout regardless of medical history. Momentum […]

DA Wants Payment to Ramaphosa Campaign Fund Investigated

By Reuters 20-11-18 01:33

JOHANNESBURG  – The Democratic Alliance (DA), South Africa’s main opposition party, has called for an independent inquiry into a $36,000 payment made to a fund that financed President Cyril Ramaphosa’s successful campaign for leader of the African National Congress (ANC) last year. Ramaphosa, who has staked his reputation on rooting out corruption, told lawmakers this month […]

PHOTOS: Heavy Rains and Hail Like Snow Hit SA. More Expected Tuesday

By SAPeople 19-11-18 22:49

As predicted by the South African Weather Service (SAWS), parts of South Africa experienced severe thunderstorms today, with strong winds and localised flooding still being experienced in Pretoria this evening. Besonderse groot #storm het so 16:15 verby #Fochville beweeg.Iets besonders wat ons nie sommer sien nie. 📸 Quintin Muller @SAWeatherServic @eNCA @venter_annette @debeer_anika @Netwerk24 @maroelamedia […]

IMF’s Optimism in South Africa’s Economic Recovery Fading

By Reuters 19-11-18 17:01

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,” […]

EFF

AfriForum May Have to Declare Malema and the EFF Bankrupt

By SAPeople 18-11-18 15:20

South African civil rights organisation AfriForum say they have to declare Julius Malema and the EFF bankrupt in an attempt to recover legal costs that Malema and the EFF owe to AfriForum. This follows the sheriff of the court only finding assets to the value of R66 550 in the EFF’s head office in Johannesburg […]

Passionate South African Reader Selected to Attend Obama Summit in Chicago

By SAPeople 16-11-18 17:56

Capetonian co-founder and Director at Read to Rise, Taryn Lock, is jetting off to the USA this weekend, as the only South African selected to attend the 2018 Obama Summit in Chicago. Her husband, award-winning poet and author, Athol Williams, announced the news, saying: “Proud of my wife! The only South African selected to attend […]

Eskom Executive Placed on Suspension

By SAPeople Contributor 16-11-18 15:09

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 […]

Goodbye Durban Beachfront? Can R35-Billion Facelift Rescue Durbs’ from Demise?

By SAPeople 15-11-18 20:07

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 […]

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