Government Archives | Page 4 of 6

South African Motorists Face Impending Petrol Price Hike

Energy, Government, News / Miriam Matoma

Petrol Price Surge: South African motorists are bracing for a significant increase in petrol prices due to a substantial under-recovery, despite a slight retreat in global oil prices.
Global Market Dynamics: Global crude prices remain buoyant, driven by concerns over tightening supplies and geopolitical tensions, contributing to the impending petrol price hike.
Rand’s Impact: The rand’s depreciation against the dollar has exacerbated the under-recovery in petrol prices, with market volatility and uncertainty surrounding interest rate cuts further complicating the economic landscape for South African consumers.

South African Motorists Face Impending Petrol Price Hike Read More »

Sibanye Stillwater CEO Urges New Business-Friendly Leadership in Mining

Government, News / Miriam Matoma

Call for Business-Friendly Leadership: Sibanye Stillwater CEO Neal Froneman emphasizes the urgent need for new leadership in South Africa that fosters a business-friendly environment, crucial for attracting investment and revitalizing the mining industry.
Challenges Facing the Mining Sector: Froneman highlights the existential threat looming over the South African mining industry, exacerbated by regulatory uncertainties, persistent threats of expropriation, and declining investor confidence, leading to job cuts and operational pressures.
Optimism Amidst Adversity: Despite significant losses and market challenges, Froneman remains cautiously optimistic about the future of the platinum group metals (PGMs) sector, anticipating a turnaround fueled by potential interest rate cuts and increased demand for internal combustion engine (ICE) vehicles.

Sibanye Stillwater CEO Urges New Business-Friendly Leadership in Mining Read More »

MTN MoMo to Revolutionize Payments with PayShap Partnership

Government, News, Technology / Miriam Matoma

Partnership for Progress: MTN SA collaborates with Investec to introduce PayShap, a real-time payment service, to its MoMo platform, marking a significant step towards transforming the mobile payment landscape in South Africa.
Financial Inclusivity: The integration of PayShap into the MoMo platform aims to serve the unbanked population by providing accessible and low-fee mobile banking services, emphasizing MTN’s commitment to fostering financial inclusion.
Innovative Collaboration: With Investec as the banking sponsor and Electrum providing technical expertise, the partnership draws inspiration from successful global models, heralding a future where digital payments revolutionize financial accessibility and efficiency in South Africa.

MTN MoMo to Revolutionize Payments with PayShap Partnership Read More »

Former Tshwane Mayor’s Death Reveals City Financial Scandal

Finance News, Government, News / Miriam Matoma

Former Tshwane Mayor Murunwa Makwarela has passed away after a brief illness, as announced by his family.
Makwarela resigned from his mayoral position amid allegations of submitting a fake insolvency rehabilitation certificate.
The city of Tshwane is still in the process of recouping over R1.4 million that was paid to Makwarela while he served as Speaker, highlighting ongoing financial concerns and legal disputes.

Former Tshwane Mayor’s Death Reveals City Financial Scandal Read More »

Underworld Figures Face High-Stakes Trials at Western Cape Court

Government, News / Miriam Matoma

High-Stakes Trials: The Western Cape High Court witnessed intense security measures as alleged underworld figures, including Nafiz Modack and his rivals Mark Lifman and Jerome Booysen, faced separate trials for a range of serious charges, including murder, attempted murder, extortion, and gang-related offenses.
Murder of Detective Charl Kinnear: Nafiz Modack and his 14 co-accused are on trial, with Modack denying involvement in the high-profile murder of Anti-Gang detective Charl Kinnear, whose death sent shockwaves through law enforcement and the public in 2020. Prosecutors allege Modack’s central role in a criminal network responsible for various illicit activities.
Exposure of Cape Town’s Underworld: The trials offer insight into the intricate web of alliances, rivalries, and criminal activities that define Cape Town’s underworld. The outcome holds significance for residents grappling with persistent gang violence, signaling a step towards accountability and justice in combating organized crime.

Underworld Figures Face High-Stakes Trials at Western Cape Court Read More »

Illegal Electricity Connections Claim Three Lives in Gqeberha Tragedy

Energy, Government, News / Miriam Matoma

Fatal Consequences of Illegal Electricity Connections: The article highlights the tragic deaths of three individuals in Gqeberha, Eastern Cape, as a result of illegal electricity connections. Each incident serves as a stark reminder of the grave dangers posed by unauthorized attempts to tap into power sources.
Police Investigation and Urgent Warning: Following the series of fatalities, the South African Police Service (SAPS) has launched investigations into each case, opening inquest dockets to ascertain the circumstances surrounding the deaths. Additionally, SAPS has issued a stern warning to residents, urging them to refrain from engaging in illegal electricity connections due to the serious risks involved.
Community Impact and Call to Action: Beyond the immediate loss of life, the article underscores the broader implications of illegal electricity connections, which not only jeopardize individual safety but also undermine community well-being. The incidents serve as a rallying cry for collective action to address the scourge of unauthorized power connections and safeguard the lives of residents.

Illegal Electricity Connections Claim Three Lives in Gqeberha Tragedy Read More »

freeze on the accounts of former president Jacob Zuma

FNB Freezes Ex-President Zuma’s Accounts Ahead of Elections

Government, News / Miriam Matoma

Account Freeze: FNB, in compliance with a court order, has partially frozen the accounts of former South African President Jacob Zuma, citing a dispute over funds spent on renovations to his residence during his presidency.
Political Fallout: Zuma’s newly formed party, uMkhonto We Sizwe (MK), alleges political motives behind the account freeze, accusing the ruling African National Congress (ANC) of attempting to undermine Zuma’s political resurgence.
Election Implications: The timing of the account freeze, just two months before general elections, adds complexity to South Africa’s political landscape, as Zuma seeks to reassert his influence amidst shifting voter sentiments and challenges to the ANC’s dominance.

FNB Freezes Ex-President Zuma’s Accounts Ahead of Elections Read More »

Fatal Shoot-Out: Three Suspects Killed in Johannesburg Confrontation

Government, News / Miriam Matoma

Deadly Confrontation in Chrisville: The article highlights a fatal shoot-out in Chrisville, Johannesburg, involving law enforcement officers and suspects engaged in alleged gang-related criminal activities.
Hawks Confirm Operation: South Africa’s elite investigative unit, the Hawks, confirms its involvement in the operation alongside the South African Police Service. The tactical nature of the operation underscores the coordinated approach to combatting organized crime.
Community Reaction and Social Impact: The incident sparks a mix of reactions within the community, highlighting broader social issues such as poverty, unemployment, and inequality that contribute to the proliferation of crime. The article emphasizes the need for holistic approaches to address both the symptoms and root causes of criminal behavior.

Fatal Shoot-Out: Three Suspects Killed in Johannesburg Confrontation Read More »

The resolution of the R10 million gratuity issue involving Mkhwebane is postponed until Thursday

Government, News / Miriam Matoma

Legal Dispute: Busisiwe Mkhwebane, former Public Protector, is embroiled in a legal battle over the non-payment of her R10 million gratuity after being impeached.
Constitutional Challenge: Mkhwebane alleges that the Office of the Public Protector’s refusal to pay her gratuity is unconstitutional and violates her rights to fair labor practices.
Upcoming Hearing: The court has adjourned the case until Thursday to allow both parties to clarify their positions, with Mkhwebane expected to argue her case based on labor laws governing post-employment compensation.

The resolution of the R10 million gratuity issue involving Mkhwebane is postponed until Thursday Read More »

On Wednesday, a cellphone data analyst will testify in the Meyiwa trial

Government, News / Miriam Matoma

- The Senzo Meyiwa murder trial has been temporarily adjourned to allow for the testimony of a cellphone data analyst, Gideon Gouws, regarding evidence extracted from a phone allegedly found in possession of one of the accused, Bongani Ntanzi.
- Warrant Officer Lawrence Ndlovu, specializing in digital forensic investigations, testified about the secure handling and analysis of the phone’s data, which is expected to be highlighted by Gouws during his testimony.
- The trial, marked by tense courtroom proceedings and public interest, represents a significant pursuit of justice for Meyiwa’s tragic death, with expert testimonies playing a crucial role in elucidating the truth and seeking accountability amidst broader societal issues.

On Wednesday, a cellphone data analyst will testify in the Meyiwa trial Read More »