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McKenzie suspends Kunene after being found at Molefe’s house

MMC for Roads and Transport in the City of Johannesburg Kenny Kunene. Patriotic Alliance (PA) leader Gayton McKenzie has suspended his deputy, Kenny Kunene, from his role as Johannesburg’s MMC for Transport and from party political activities for one month. The one-month suspension is pending an investigation into Kunene’s presence at the home of a…

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JSE opens lower as US tariffs fuel global trade tensions

File image: Johannesburg Stock Exchange (JSE) in Sandton, Johannesburg 2 minutes Stocks on the Johannesburg Stock Exchange (JSE) opened in the red following a weaker session in Asia, with investors taking cover as new United States (US) tariffs on Canada, Mexico and China took effect, threatening to escalate global trade tensions. The All Share index…

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NPA declines to prosecute in Phala Phala case

Image source: Sergii Gnatiuk – 123RF.com The decision was taken by Limpopo Director of Public Prosecutions (DPP), Advocate Mukhali Ivy Thenga. “This decision follows a comprehensive investigation process that was conducted by the Directorate for Priority Crimes Investigation [DPCI] following a complaint laid by Mr Arthur Fraser with the South African Police Service [SAPS]. “The…

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ActionSA backs call for commission of inquiry into NPA

ActionSA Parliamentary leader, Athol Trollip. 2 minutes ActionSA Parliamentary leader, Athol Trollip, has backed a call for the establishment of a commission of inquiry into the state of the National Prosecuting Authority (NPA). ActionSA calls for the removal of the failed National Director of Public Prosecutions, Adv Shamila Batohi, and for a parliamentary enquiry into…

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Potential impact of tariffs on economy hard to predict: SARB

Rand note and coins. The South African Reserve Bank‘s (SARB) Prudential Authority says it is difficult to assess the potential impact of tariffs on the economy or financial systems at the moment. The regulator and supervisor for licensed financial institutions in the country says the financial stability committee has been in talks over tariffs. Businesses…

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