South African Politics

14 Gupta linked companies and individuals to have their assets frozen

Mahlatse Mahlase and Lizeka Tandwa<p>Johannesburg - At least 14 people and entities linked to the alleged corruption by Gupta-linked company Trillian …

News (South Africa)

Anger in Africa keeps growing over Trump's 'shithole countries' comments

• <b>African anger is building over President Donald Trump’s negative characterization of Africa.</b>• <b><br>African leaders are rejecting President Trump’s denials that he used gutter language.</b>• <b><br>The president’s comments have damaged US interests in the world’s second largest continent with more than one billion</b> …

Donald Trump

South Africa ready to fund free university education: finmin

JOHANNESBURG (Reuters) - South Africa is pushing ahead with a plan to offer free university education to students from poor households and will announce funding details in next month’s budget, Finance Minister Malusi Gigaba said on Tuesday.<p>Finance Minister Malusi Gigaba speaks to members of the …

South Africa

'DA pays Tony Leon R500 000 to tell Capetonians it's not raining' – Cosatu

James de Villiers<p>Cape Town – While the ANC stole outside the legal framework, the DA "thieves" in the City of Cape Town within the legal framework, …

News (South Africa)

NPA seeks to recover R50bn in assets related to state capture

The National Prosecuting Authority, through its Asset Forfeiture Unit, is seeking to recover about R50 billion worth of assets from 17 cases it’s …

Malusi Gigaba

REVEALED: The DA's scathing findings against power-drunk De Lille

Caryn Dolley<p>Cape Town – A high-level investigation into embattled Cape Town Mayor Patricia de Lille by the DA paints a picture of an erratic and …

News (South Africa)

Another global SA company falters: Woolworths share price plunges

<i>EDINBURGH — South African corporates are struggling to prop up their businesses through global operations as economic conditions at home have</i> …

South Africa

ANC MP arrested for alleged stock theft in North West

Rustenburg - An African National Congress (ANC) member of parliament was arrested for alleged stock theft, the party in the North West said on …

South Africa

South Africa's rand reaches 2 1/2-year best as technical points hit

JOHANNESBURG (Reuters) - South Africa’s rand rose to its strongest since July 2015 early on Tuesday as it crossed crucial technical points and ignited offshore buying interest.<p>South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the …

Economy

News24.com | City's water reports to DA 'irregular' and 'contradictory' – federal chair

Water updates or "reports" from the office of Cape Town Mayor Patricia de Lille to the Democratic Alliance have been "irregular" and "contradictory", …

News (South Africa)

Fin24.com | Ramaphosa sets the stage for a buffalo market

If the ANC wants to work collaboratively with business, it will need to unlearn decades of thinking that business is the enemy, says Gwen Ngwenya.

Business (South Africa)

Who is the MP arrested for stock theft?

You may not have heard of ANC member of parliament Mapule Veronica Mafolo. And‚ judging by her declaration of interests to parliament‚ neither have …

News (South Africa)

Parly welcomes efforts in dealing with registration challenges

Johannesburg - The Chairperson of the Portfolio Committee on Higher Education and Training, Connie September, has welcomed extra efforts higher …

Education

All eyes on Reserve Bank Monetary Policy Committee - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

All eyes are on the Monetary Policy Committee (MPC) of the Reserve Bank as it meets this week amid calls that the bank cut rates to stimulate …

Economy

News24.com | H&M appoints global diversity leader after offensive hoodie debacle

H&M has appointed a "global leader" in addressing diversity and inclusiveness and says it is deeply sorry.

News (South Africa)

Woolworths trading update disappoints market

File: Woolworths trading update has disappointed the market. Photo: Flickr.com / Jeff Attaway<p>JOHANNESBURG - It’s never a good time to release …

News (South Africa)

Rand consolidates around levels last seen in 2015

The rand remained firmer against the dollar on Tuesday afternoon, at two-and-a-half year best levels.<p>It earlier hit R12.1929 to the dollar, but …

Business (South Africa)

Analysis: The shaking of South Africa’s political equilibrium, still a work in progress

The DA has serious problems in Cape Town and Joburg. The Economic Freedom Fighters (EFF) appear to be desperate, attempting to grab back public …

Gwede Mantashe

Parliament’s justice committee welcomes freezing of Gupta assets

Parliament’s portfolio committee on justice and correctional services has welcomed news that the National Prosecuting Authority’s Asset Forfeiture …

News (South Africa)

Eskom aims to challenge Nersa's 5.23% tariff increase

CAPE TOWN - Eskom said it will take action, only after the National Energy Regulator of South Africa has justified the reasons for the 5.23% tariff …

Eskom

Rand hits key strength level as Zuma exit talk heats up

The rand broke through the key support level of R12.25 on Tuesday, briefly touching on R12.20, amid talk that the ANC will this week suggest that …

Jacob Zuma

Ramaphosa: South Africa is open for investment - Cape Business News

Ramaphosa was speaking at the Absa Stadium in East London, where he delivered the ANC national executive committee (NEC) January 8 speech – an …

South Africa

Rand weaker ahead of rates decision - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The rand continued to trade sideways on Tuesday, inching weaker against the dollar with investors looking to hold positions ahead of a local interest …

Economy

AFU to serve summons on Gupta linked companies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The Assets Forfeiture Unit is expected to serve summons on Tuesday to Gupta linked Trillian and consultancy firm McKinsey for deals they had with …

Cyril Ramaphosa

Durban H&M store shuts its doors ahead of EFF protest

Holly Charlton<p>Durban - Gateway Shopping Centre’s H&M store was prompted to evacuate and close its doors ahead of a planned EFF protest on Tuesday …

News (South Africa)

Churches demand explanation from Mkhwebane about state capture inquiry

Related Links<p>The South African Council of Churches has threatened to act against Public Protector Busisiwe Mkhwebane if she fails to explain her call …

Jacob Zuma

News24.com | It's quite clear the ANC's on a new route – Madikizela-Mandela

There is no greater task for the newly elected ANC leadership than the renewal of the 106-year-old liberation movement, says ANC stalwart and …

News (South Africa)

Fox News shelved story on Trump and porn actress Stormy Daniels before election

Fox News had a story at the height of the presidential election that detailed an alleged sexual relationship between porn actress Stephanie Clifford -- whose stage name is "Stormy Daniels" -- and Donald Trump, but opted not to publish it, four people familiar with the matter told CNN.<p>The Wall …

Donald Trump

JUSTICE MALALA: Malema's desperation is showing his Zuma target disappears

'Nothing in this free and open democracy gives the EFF the right to behave as it did on Saturday. Only political desperation warrants their …

Africa

The State goes after the Guptas, sets sights on assets worth about R1.6bn

Related Links<p>The Asset Forfeiture Unit is going after the Gupta family, and is set to serve summonses on them on Tuesday morning to preserve assets …

News (South Africa)