FILE | Ditsobotla Co-operative Bank in Lichtenburg, North West. The South African Reserve Bank (SARB) has applied to the High Court for an order to liquidate Ditsobotla Primary Savings and Credit Co-operative Bank Limited situated in Lichtenburg in the North West. This follows an earlier decision by the finance minister, based on the recommendation by…
City of Tshwane Tshwane Mayor Dr. Nasiphi Moya says the City is not only committed to addressing the challenges of energy supply but also maximising the economy and return on investment. She was addressing a media briefing in Pretoria on Thursday about the City’s Investment Summit scheduled to take place next month. This is part…
President Cyril Ramaphosa delivers the keynote address at the UN Populations Fund and Global Leaders Network side event at the TICAD Summit in Yokohama, Japan. President Cyril Ramaphosa says South Africa is open for trade with countries willing to invest. He held bilateral talks with the Japanese Prime Minister Shigeru Ishiba on Thursday on the…
Deputy Minister for Science, Technology and Innovation, Nomalungelo Gina Deputy Minister for Science, Technology and Innovation, Nomalungelo Gina, says increasing the number of women in senior positions at South Africa’s science institutions remains a challenge. She was speaking at the South African Women in Science Awards (SAWiSA), hosted on Thursday night at the Imvelo Safari…
A farmer sprays a pesticide on her maize field. Those attending the colloquium on pesticides in Stellenbosch in the Western Cape have called for stronger structures to manage pesticides. The gathering is discussing a regulatory policy framework for pesticides. The Agriculture Department’s Director-General, Mooketsa Ramasodi, says existing control structures need to be strengthened. “Basically, what…
Cannabis leaves, largely thought of as a waste product. Researchers from Stellenbosch University have found the first evidence of rare phenolic compounds, known for their anti-inflammatory, anti-carcinogenic and antioxidant properties in Cannabis leaves. The researchers say the discovery may pave the way towards the leaves of cannabis plants no longer being regarded as waste, in…
Apex court hears arguments from competition authorities The Constitutional Court has reserved judgment in the rand rigging case between the Competition Commission and several banks accused of manipulating the currency. The case stems from alleged conduct between 2007 and 2013 by 28 local and international banks accused of colluding to coordinate rand-dollar trading in chat…
The dissolved board of South African Tourism says it’s exploring various options, including legal action, following the decision by the Minister of Tourism Patrica de Lille to dissolve it on Wednesday. They say they were surprised by the Minister’s decision, who cited an irregular meeting held on the 1st of this month, which they say never…
Tiger Brands has announced a precautionary voluntary recall of its Benny Beef and Chicken Flavoured Stock Cubes due to inaccurate nutritional information on the packaging. Despite receiving no consumer complaints, the company says the recall was made in consultation with the National Consumer Commission. “Tiger Brands is working with its retail and wholesale customers to…
FILE| South African rand notes. Senior legal counsels representing some local and international banks accused of colluding to manipulate the rand say the Competition Commission has failed to make a solid case regarding their participation in collusive behaviour. They argue that the alleged overarching conspiracy to manipulate the rand/dollar exchange rate must demonstrate that they…
