Moody’s affirms South Africa’s sub-investment grade credit rating

[File Image]: Signage is seen outside the Moody’s Corporation headquarters in Manhattan. 1 minute Rating agency Moody’s has maintained South Africa’s credit rating at Ba2 with a stable outlook, keeping it at sub-investment grade. In a statement released on Wednesday, Moody’s attributed its decision to the country’s strong and independent institutions, including the judiciary and…

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University council accused of irrational handling of Wilgenhof issue

Wilgenhof Men’s Residence 1 minute The Wilgenhof Alumni Association says it is disappointed that the Stellenbosch University Council is continuing with what they say is the university’s irrational handling of the Wilgenhof matter. The Association says the Council’s response to the levelled allegations of impropriety against the Vice-Chancellor, Professor Wim de Villiers, and Chairperson of…

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Longwe Twala case continues today

Longwe Twala during a court appearance. 1 minute The case against Longwe Twala, son of renowned songwriter and producer Chicco Twala, is set to continue today in the Randburg Magistrates’ Court. The matter was postponed last week to allow the investigating officer to verify Longwe’s personal details. He was re-arrested last Tuesday after failing to…

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Thembi Nkadimeng should be on special leave, not reshuffled: Zille

Justice and Constitutional Development Minister Thembi Nkadimeng. 2 minutes Democratic Alliance (DA) Federal Chairperson, Helen Zille says although the move to remove Thembi Nkadimeng from the Justice Ministry is fitting, she should have been placed on special leave until her involvement in the VBS bank issue is resolved. The Presidency announced a cabinet reshuffle last…

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NCC investigates 18 KZN companies over expired food sales

Expired food items, counterfeit prescription medication, body lotion and other prohibited goods are pictured at a warehouse in Bluff in Durban during a police raid on 20 November 2024. 1 minute The National Consumer Commission (NCC) is investigating 18 companies in KwaZulu-Natal for allegedly selling expired food items. The investigation follows complaints from consumers and…

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Magesi FC set eyes on another trophy

The 2024 Carling Knockout Champions Magesi FC celebrating their win in Bloemfontein. 4 minutes Magesi F.C. assistant coach Papi Zothwane says the side is determined to create more history in their maiden season in South Africa’s topflight football. The Limpopo-based side is gunning for a second trophy within a short space of time after lifting…

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