Former Steinhoff auditor sentenced to 4 years or R2m fine

The logo of multinational retail holding company, Steinhoff. The Pretoria Specialised Commercial Crime Court has sentenced former Steinhoff Auditor, Hein Odendaal to four years imprisonment or a R2 million fine. Odendaal, who turned himself in to the Hawks last year, entered into a plea agreement regarding his role in the multi-billion-rand scandal. The court found…

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Guardiola defiant despite City’s Champions League mauling

Pep Guardiola during Champions League match against Real Madrid Manchester City coach Pep Guardiola struck a defiant tone after watching his side suffer a crushing 3-0 defeat to Real Madrid in the first leg of their Champions League round of 16 tie, insisting his team will bounce back despite the mountain they now face. “Now…

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Manufacturing sector declines by 0.7% year-on-year in Jan

A general view of a production line of a car manufacturer. South Africa’s manufacturing sector has started the year on a weaker footing, with production slipping 0.7%  year-on-year in January. The decline was due to sharp contractions in the wood, paper, publishing and printing industry as well as the basic iron, steel and machinery division….

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E Cape announces R105 billion budget for 2026/27

Eastern Cape Finance MEC, Mlungisi Mvoko Eastern Cape Finance MEC, Mlungisi Mvoko, has announced a budget of R105 billion for the 2026 and 2027 financial year. Tabling his Budget Speech at the provincial Legislature in Bhisho, Mvoko announced that R9 billion has been allocated to improve infrastructure in critical sectors as a means to strengthen…

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Shibiri says he doesn’t know of ‘Cat’ Matlala’s Big 5 cartel links

Suspended SAPS organised crime head Major-General Richard Shibiri. Suspended South African Police Service organised crime head Major-General Richard Shibiri has testified that he doesn’t know if attempted murder accused Vusimuzi “Cat” Matlala is part of the Big Five criminal cartel. SAPS Crime Intelligence Head, General Dumisani Khumalo has previously testified that Matlala is a member…

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