US-based MDIF exits Mail & Guardian, sells to local shareholders

Source: © Facebook Facebook The Media Development Investment Fund (MDIF) has exited South Africa’s Mail & Guardian The New York-based not-for-profit investment fund sold its majority shareholding in M&G to minority shareholder and former CEO Hoosain Karjieker and director Thembisa Fakude. Harlan Mandel, MDIF CEO says that although they are sad to be exiting such…

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Policing union rejects 4.7% public sector wage offer

Police visibility at the Stilfontein mine area 1 minute The South African Policing Union (SAPU) says its members have rejected government’s proposed 4.7% wage offer for public services. The union has just concluded its mandate-seeking process. It will officially inform government this coming week during which it and other public sectors unions are seeking to…

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Police seize alcohol worth R4 million in Somerset West

Alcohol seized by police from a premises in Somerset West, Western Cape. Police have seized alcohol worth nearly R4 million at Somerset West in the Western Cape. Police spokesperson Wesley Twigg says the liquor was traced from Montague Gardens to a storage facility. He says nine suspects were apprehended on charges for possession of presumed…

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GALLERY: Remembering our fallen SANDF heroes

A candle lit at a memorial service. 1 minute South African National Defence Force (SANDF) Admiral, Prince Tshabalala, has confirmed that the mortal remains of the soldiers who were killed in the eastern Democratic Republic of Congo (DRC) have arrived in the country. The SANDF says arrangements have been put in place for families to receive the bodies…

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LIVE | DMRE briefing on artisanal mining industry

1 minute The Portfolio Committee on Mineral and Petroleum Resources will be briefed by the Department of Mineral and Petroleum Resources on the Junior Mining Exploration Fund and small-scale mining projects. The small-scale mining sector consists of artisanal or subsistence mining operations, sub-optimal formal mining operations and entrepreneurs with upfront capital. LIVE STREAM:

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