Commerzbank CEO vows to block UniCredit takeover

Source: Pexels UniCredit recently acquired a 21% stake in Commerzbank, signalling interest in further investment and reigniting speculation about consolidation within Europe’s banking sector. However, a larger takeover attempt could face significant resistance, including political and union opposition in Germany, as well as internal pushback from some within Commerzbank, raising concerns about the feasibility of…

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Niehaus accuses Motshekga of neglecting SANDF’s operational readiness

SANDF soldiers patrolling 2 minutes EFF MP Carl Niehaus has criticised Defence Minister Angie Motshekga for cancelling a scheduled meeting with Parliament’s Portfolio Committee on Defence and Military Veterans. The postponement was announced by the committee’s chairperson, Dakota Legoete. Niehaus, a member of the committee, accused Motshekga of neglecting the SANDF’s operational readiness, particularly for…

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Cosatu says Ramaphosa’s US delegation made SA proud

Team South Africa in a strategic briefing meeting ahead of President, Cyril Ramaphosa’s visit to the White House in Washington DC 2 minutes The Congress of South African Trade Unions (Cosatu) says the South African delegation that President Cyril Ramaphosa led to the United States (US) has made the country proud. After US President Donald…

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Rise Mzansi, ActionSA and allies discuss election coalition

At national level there are 48 political parties competing for the 400 seats in the National Assembly. 1 minute Political newcomers Rise Mzansi, ActionSA, Bosa, and the Good Party are exploring the possibility of greater cooperation ahead of future elections to challenge South Africa’s dominant political forces. Party leaders have confirmed informal talks about parliamentary…

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New measures for kapenta fisheries on Lake Kariba

In a statement yesterday, Parks Authority director-general Fulton Mangwanya highlighted the authority’s commitment to both community welfare and ecological preservation. tHE Zimbabwe Parks and Wildlife Management Authority (Parks Authority) has announced interim measures to support kapenta fishers on Lake Kariba including, among others, reducing the minimum allowable depth for fishing. In a statement yesterday, Parks…

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