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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One killed in Salt Rock crash in Durban

Truck on its side after the Salt Rock accident 1 minute One person has died following a crash between a truck and a light motor vehicle on the N2 at Salt Rock, north of Durban. IPSS Medical Rescue says following the crash, the truck that was travelling south, lost control, crossing the center median and…

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Officials dismissed over Anglo Ashanti Hospital corruption

Corruption 1 minute The Special Investigating Unit (SIU) has welcomed the Gauteng government’s decision to dismiss officials implicated in corruption related to the Anglo Ashanti Hospital. The officials, from the Gauteng Health and Infrastructure Development departments, faced charges over alleged irregularities in awarding contracts for the hospital’s refurbishment in 2022. The SIU’s investigation revealed evidence…

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