DA claims vindication in questioning JDA CEO Mathibe’s appointment

Johannesburg Development Agency (JDA) chief executive Themba Mathibe. The Democratic Alliance (DA) in Johannesburg, says it feels vindicated in questioning the appointment of Johannesburg Development Agency (JDA) chief executive Themba Mathibe. This follows Mathibe’s reported arrest, amid allegations of contract irregularities and corruption. The arrest follows a raid at the offices of the Johannesburg Social…

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LIVE: MPC drops repo rate by 25 basis points

1 minute Reserve Bank Governor Lesetja Kganyago says the Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points meaning that the prime lending rate decreases to 11.25 percent. It’s the second consecutive rates cut. The move had been widely expected. The bank’s decision comes on the back of a…

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Giwasa calls for strict price controls on essential food

The General Industries Workers’ Union of South Africa (Giwasa) is calling for strict price controls on essential food items. The union has expressed outrage at a report from the Agricultural Business Chamber (Agbiz) showing that food inflation has jumped to 4.7%, a 16-month high. Giwausa President Mametlwe Sebei says they want the nationalisation of the…

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IDC reaffirms commitment to boosting Africa’s industrial development

The logo of the G20 South Africa 2025 seen during a press briefing. Chairperson of the Industrial Development Corporation (IDC) Gloria Serobe has emphasised that the state-owned development funder remains committed to accelerating industrialisation across the African continent. She emphasised that driving structural transformation from primary production to value-added manufacturing is an important element of…

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Thulasizwe Buthelezi re-appointed as AmaZulu Traditional PM

AmaZulu King Misuzulu ka Zwelithini has re-appointed Thulasizwe Buthelezi as the AmaZulu Traditional Prime Minister. Buthelezi is also the MEC for Cooperative Governance and Traditional Affairs in KwaZulu-Natal. He was removed from the position in December last year. In a statement, the King says Buthelezi will provide leadership and administrative oversight on the affairs of…

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ActionSA welcomes Morero’s decision to fire Gwamanda

Former Joburg Mayor Kabelo Gwamanda. 1 minute ActionSA Johannesburg Caucus has welcomed Mayor Dada Morero’s decision to remove Kabelo Gwamanda from all roles, citing it as a victory for residents and a step towards ethical leadership. Gwamanda has been released from all his executive duties by Morero, after being on special leave last month. ActionSA…

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