Finance Minister Enoch Godongwana has placed the Ditsobotla Primary Savings and Credit Cooperative Bank Limited (DCB) in resolution, effective August 1. This follows the Reserve Bank’s recommended intervention to protect depositors’ interests. The Reserve Bank says the DCB has failed to meet regulatory requirements for an extended period, was operating at a loss, and could…
Vehicles drive past an Uber pick up point The National E-Hailing Federation of South Africa (NEFSA) has called on the government to establish a task team that will probe incidents involving attacks on e-hailing drivers. This comes as concern mounts over the safety of e-hailing drivers following the killing of a driver in Pretoria. The…
Police raid warehouse in Durban 2 minutes National Police Commissioner Fannie Masemola says law enforcement operations have been intensified across the country, to crack down on wholesalers and spaza shops that are selling fake and expired goods. Masemola was speaking during a media briefing in Pretoria this morning on the government’s interventions regarding foodborne illnesses…
Female inmates at the Middleburg Correctional Centre in Mpumalanga Female inmates at the Middleburg Correctional Centre in Mpumalanga have expressed mixed feelings about Women’s Day, with some saying the day reminds them of the important roles they should play in society, once they have finished serving their sentences. The SABC’s Ligwalagwala FM organised the commemoration…
The Verulam temple collapse site. KwaZulu-Natal Premier Thami Ntuli says those found to be responsible for the collapse of the temple in Verulam north of Durban must be held accountable. The River Range Temple collapsed on Friday killing at least five people and injuring many others. Authorities are unable to confirm how many people are…
The South African National Roads Agency (Sanral). 1 minute Heavy rains have caused part of a bridge to collapse on the R529 at Dzumeri village in Limpopo, leading to road closures and traffic being rerouted. The damaged bridge, which connects Giyani and Tzaneen, has been closed since Friday, forcing motorists onto longer alternative routes. Some…
Image source: Miguel Á. Padriñán from Pexels The European Commission recently fined a European company after a senior employee deleted private WhatsApp messages during a dawn raid pertaining to a competition law violation. The WhatsApp chat in question was with a competitor and contained business-related information. This fine illustrates the growing scrutiny on digital communication…
SANPC stakeholders 2 minutes The Central Energy Fund (CEF) has handed over leased assets and R5 billion in funding to operationalize the newly established South African National Petroleum Company (SANPC). Three of the CEF Group subsidiaries including iGas, the Strategic Fuel Fund and PetroSA have been merged to form the SANPC in a process which…
[FILE IMAGE]: Deputy President David Mabuza facilitating a dialogue with Members of the National House of Traditional and Khoisan leaders, 11 March 2022. African National Congress National’s Executive Committee member, David Mahlabo, says most ANC comrades who served with the former Deputy President David Mabuza are still reeling in shock over his passing. Mabuza died…
A man seen taking an eye test. 1 minute The Gauteng Department of Health says Glaucoma is a leading cause of irreversible blindness. The department has warned residents to prioritise their eye health. This is as the world marks Glaucoma Day. Glaucoma is caused by damage to the optic nerve, often linked to increased eye…
