The share scheme was launched in 2016 to boost black ownership in the MTN business. Shareholders of the MTN Black Economic Empowerment scheme, Zakhele Futhi, can expect payment on their investments from today as part of the scheme’s unwind. MTN has announced that shareholders will receive R20 per share in cash from the scheme, with…
GNT bus at a depot. The DA in Limpopo, is calling for full investigations into the factors contributing to the collapse of the government bus company, Great North Transport (GNT). The party blames the ongoing dysfunction and corruption within the entity at the provincial government and the governing party, the ANC. The provincial government and…
Mine operation ANC President Cyril Ramaphosa says in order for Africa to prosper, it should be exporting finished products the world needs, instead of raw materials. The President of the @MYANC ahead of the Liberation Movements Summit. @CyrilRamaphosa #sabcnews pic.twitter.com/qLxZP8H3HU — Sophie Mokoena (@Sophie_Mokoena) July 27, 2025 The continent is rich in mineral resources, including…
One of Ithala Bank branches. The catastrophic consequences of the freezing of KwaZulu-Natal development finance company, Ithala, is of its own making. That’s been the argument of the Reserve Bank’s Prudential Authority, and the repayment administrator for Ithala, before a full bench in the Durban High Court. They are applying for leave to appeal a…
MMC Nomadlozi Nkosi addresses Vosloorus business owners at the Spaza Shop Support Roadshow. City of Ekurhuleni MMC for Developmental Planning and Real Estate, Nomadlozi Nkosi, has urged all spaza shop owners in the metro to reach out for assistance in becoming compliant. Nkosi hosted a roadshow in Vosloorus, on Gauteng’s East Rand, to promote the…
President Cyril Ramaphosa call for Africa to export finished goods over raw materials. President Cyril Ramaphosa says the threat of US tariffs on South African goods highlights the need for exporters to diversify their destination markets. He was speaking at a BMW celebration of its five-decade investment in the country at its Rosslyn car manufacturing…
FlySafair plane seen at an airport FlySafair says it continues to operate a stable but reduced flight schedule with more pilots returning to work amid the ongoing strike. The company says seat availability remains limited under scaled back operations. FlySafair acknowledges in a statement that members of the Solidarity trade union have voted to reject…
The National Treasury has confirmed that it swiftly neutralised a malware attack targeting its Infrastructure Reporting Model (IRM) website on Tuesday afternoon. The attempted breach triggered an immediate response, with compromised servers isolated to assess the damage and protect critical data. This incident follows recent global cybersecurity concerns, including attacks on Microsoft platforms in the…
The newly appointed chairperson of the South African Bureau of Standards (SABS), Professor Bismark Tyobeka has committed to turning around the situation at the embattled state-owned entity. The SABS plays a critical role in setting and upholding South Africa’s national standards. However, the institution has been facing a series of controversies related to allegations of…
Crates of macadamia are seen at Gene Likhanya’s farm, in the Madimbo valley, outside Makhado in the Limpopo province Nearly 400 job opportunities have been created through the AgriStar macadamia farming and processing supported by the British International Investment in Mpumalanga. This initiative from the United Kingdom (UK) has invested money into a local based…
