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CIPC to deregister over 500 000 companies for non-compliance

CIPC Commissioner Advocate Rory Voller 2 minutes The Companies and Intellectual Property Commission (CIPC) is set to deregister over 500 000 companies and close corporations for failing to file Annual Returns and Beneficial Ownership declarations. The CIPC is responsible for maintaining an up-to-date register of companies and close corporations. In a statement, the business regulator says this follows…

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Generation Recovery Plan continues to show promising outcomes: Eskom

Eskom power lines. 1 minute Eskom says the Generation Recovery Plan continues to show promising outcomes, with load shedding successfully suspended for over eight months since March 26. The power utility says this achievement is attributed to ongoing structural enhancements in the coal-fired fleet, which are driving economic growth and bolstering energy security. Eskon’s spokesperson…

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DA calls for Simelane’s removal over VBS allegation

2 minutes The Democratic Alliance says Justice Minister Thembi Simelane should do the right thing and step down from her position, over her alleged involvement with VBS Mutual Bank. DA says it has submitted a Promotion of Access to Information Act application for Simelane’s VBS loan report to President Cyril Ramaphosa. Member of Parliament (MP)…

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Verstappen should consider a career in comedy: Norris

McLaren’s Lando Norris during practice 2 minutes  Lando Norris has suggested Max Verstappen consider a career in comedy after the quadruple world champion claimed he would have also won this season’s Formula One title if driving a McLaren or a Ferrari instead of a Red Bull. Verstappen told Dutch reporters after clinching his fourth successive…

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