South Africa’s Finance Minister Nene Asks President to Sack Him, Rand Weakens

By Reuters 08-10-18 13:02

JOHANNESBURG – South Africa’s rand was weaker early on Monday following reports in the Business Day that Finance Minister Nhlanhla Nene has asked President Cyril Ramaphosa to sack him, after he admitted to visiting the home of the Gupta brothers, friends of scandal-plagued former leader Jacob Zuma. Nene has become a divisive figure in SA […]

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 […]

Saudi Arabian Military

Saudis Seek Wide-Ranging Deals with South African Arms Firms

By Reuters 04-10-18 16:19

JOHANNESBURG – Saudi Arabia is in talks with South Africa’s major arms manufacturers and is considering taking an equity stake in the struggling state-owned defence firm Denel, the head of the Saudi state defence company told Reuters. Saudi Arabian Military Industries’ (SAMI) chief executive Andreas Schwer said he expected to conclude the first partnership deals […]

Cape Town Voted Top City of Opportunity in Africa

By SAPeople 04-10-18 11:37

Cape Town has been voted the top opportunity city in Africa by the World Bank. The bank made its announcement in its “Doing Business in South Africa” report. According to Cape Town Mayor Patricia de Lille, Cape Town’s high ranking for providing electricity elevates it to the top 25 % of worldwide city economies. Apparently […]

Malema Should Appear Before Zondo After Nene Smear Campaign Says DA

By SAPeople 03-10-18 17:23

The EFF’s Julius Malema should appear and give evidence under oath before the Zondo Commission, says DA (Democratic Alliance) Shadow Minister of Finance, David Maynier. Maynier was reacting to the Economic Freedom Fighter leader’s allegations that Minister of Finance, Nhlanhla Nene played a role in state capture in South Africa. Maynier said Malema has “conducted […]

WATCH SA Farm Widow’s Video Message to Ramaphosa and the USA

By SAPeople 03-10-18 17:02

A South African widow, whose husband was murdered on their farm in 2016, has posted a public video message to President Cyril Ramaphosa and the people of the USA following Ramaphosa’s statement to Bloomberg last week in New York that there are no farm killings in South Africa. In the video Mariandra Heunis recalls the […]

SA Finance Minister: Zuma Sacked Me for Rejecting Gupta Deals

By SAPeople 03-10-18 12:47

JOHANNESBURG (Reuters) – South Africa’s Finance Minister Nhlanhla Nene said on Wednesday he was fired by former president Jacob Zuma for refusing to approve contracts that would financially benefit the Gupta family, friends of Zuma accused of corruption. Nene, who was giving testimony at a judicial inquiry into influence-peddling, said the main reason he was […]

Grahamstown Officially Renamed: Makhanda

By SAPeople 03-10-18 10:48

Makhanda is now the official new name for Grahamstown in the Eastern Cape of South Africa, following the name change first announced in the Government Gazette by Arts and Culture Minister Nathi Mthethwa in June. The gazetting, which is a legal requirement, served to publicise the decision for objections or comments to be made. Apparently […]

South Africa’s Finance Minister Nene to Give Testimony at Gupta Inquiry

By Reuters 03-10-18 09:43

JOHANNESBURG – South Africa’s Finance Minister Nhlanhla Nene is due to give evidence on Wednesday at an inquiry into state capture, testimony that could reveal new details about the role of former president Jacob Zuma and his friends, the Guptas. Nene is a pivotal figure in a probe into the three Indian-born Gupta brothers, who […]

winnie-mandela-south-africa

William Nicol Drive to be Renamed after Winnie Madikizela-Mandela

By SAPeople 03-10-18 00:09

One of Gauteng’s most famous roads – the William Nicol Drive – is to be named after Winne Madikizela-Mandela, who passed away earlier this year. Ismail Vadi, Gauteng’s Transport MEC, announced that up to 10 roads in Gauteng will be renamed. (October is Transport Month in South Africa.) Speaking to Jacaranda FM, Vadi said historically […]

SA’s Eskom Can Recover $2.25 Billion Over 4 Years Thro’ Higher Tariffs

By Reuters 02-10-18 22:18

JOHANNESBURG – South African energy regulator NERSA on Tuesday gave power utility Eskom the go-head to recover R32.69 billion ($2.25 billion) of costs incurred over the past three years through higher tariffs over a four-year period from 2019 to 2023. Eskom had been hoping to recover the costs in three years. Cash-strapped Eskom, which is […]

EFF Will Open Case Against DJ Sasha Martinengo for Calling Julius Malema a Monkey

By SAPeople 02-10-18 18:02

Hot 91.9 DJ Sasha Martinengo has been dismissed, with immediate effect, after referring to Economic Freedom Fighter (EFF) leader Julius Malema as a monkey. The EFF said, in a media statement on Tuesday afternoon, that it welcomes Martinengo’s dismissal after his racist remarks. “Unlike many who accept apologies of the racists, this station refused to […]

US First Lady Melania Trump Arrives in Ghana on Solo African Trip

By Reuters 02-10-18 17:26

ACCRA – Melania Trump arrived in Ghana on Tuesday, choosing for her first extended international trip alone to visit Africa, a continent her husband has referred to somewhat derisively! The U.S. first lady touched down at mid-morning in Ghana’s capital, Accra, where she was greeted by the country’s first lady, Rebecca Akufo-Addo, and a young […]

South African Government Intervenes in Westbury Unrest to Bring Calm

By SAPeople 02-10-18 21:58

South African Police Minister Bheki Cele has tasked Police Commissioner Khehla Sitole with investigating alleged corruption and misconduct at the Sophiatown Police Station, which services the violence ridden Johannesburg suburb of Westbury. Residents in the area, not far from Auckland Park, have described the last few days as being “scary” and like a “war zone”. […]

ACDP Leader Calls on Rampahosa to Apologise to Farmers for ‘No Killings’ Statement

By SAPeople 30-09-18 11:53

The leader of the ACDP (African Christian Democratic Party), Kenneth Meshoe, has called on South African President Cyril Ramaphosa to apologise to the SA farming community for his “no killings” statement made during an interview with Bloomberg whilst attending the United Nations General Assembly in New York last week. Rev Meshoe called Ramaphosa’s statement “a national […]

South Africa’s Land Reforms to Include Tribal Territories, Says ANC Official

By Reuters 28-09-18 15:40

JOHANNESBURG – South Africa’s land reforms will include issuing title deeds to small-scale farmers living on tribal lands, a senior ruling party official said on Friday, in comments likely to rile powerful traditional chiefs. The remarks by Ronald Lamola, a member of the African National Congress’ (ANC) top governing body and one of the party’s […]

WATCH President Ramaphosa Wraps Up New York Trip “Fully Satisfied”

By SAPeople 28-09-18 09:17

South African President Cyril Ramaphosa has concluded his working visit to New York, and says he is “fully satisfied”. The president was in the United States to participate at the 73rd Session of the United Nations General Assembly. In an interview (watch below), Ramaphosa described the “tour” as “qualitatively so good” with “real good team […]

WATCH President Ramaphosa Denies Farm Murders and Land Grabs in South Africa

By SAPeople 27-07-20 17:32

President Cyril Rampahosa has reassured delegates at a business seminar, on the side of the United Nations General Assembly in New York, that “there’s no land grab in South Africa”. (Watch below.) Speaking to Bloomberg during his trip to the US, the South African president also said that President Donald Trump’s tweet about the country’s […]

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