South African rand slips as investors eye inflation data

Source: Reuters. At 0706 GMT, the risk-sensitive rand traded at 17.64 against the dollar, 0.3% weaker than its previous close. The dollar index was last up about 0.15% against a basket of currencies as bets rose of another potential Donald Trump presidency. “The South African rand whipsawed last week as the USD gained across the…

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Judicial probe into criminal syndicates infiltrating justice system

Acting Deputy Chief Justice Mbuyiseli Madlanga will chair the Judicial Commission of Inquiry. President Cyril Ramaphosa says the judicial commission of inquiry he established will investigate allegations of criminal syndicate infiltration of institutions within the criminal justice system. The establishment of the commission of inquiry follows KwaZulu-Natal Police Commissioner Nhlanhla Mkhwanazi’s allegations that senior police…

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CIT vehicle bombed in Newlands, KZN

Scene of the CIT heist A cash-in-transit (CIT) van has been blown up by robbers near the Midway Mall in Durban’s Newlands West. ALS Paramedics who have responded to the scene, asked motorists to avoid the area. It is not known at this stage if anyone was injured in the robbery. Following the release of…

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ActionSA clarifies stance on ANC working relationship

ActionSA leader, Herman Mashaba ActionSA insists it will make its mark as a constructive opposition, saying the party will support progressive government policies but oppose measures that fail South Africans. Five years since its establishment during lockdown, ActionSA reflects on its growth and its place in South Africa’s political landscape. ActionSA has sought to clarify…

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Sundowns seal win against Sekhukhune United

Mamelodi Sundowns’ versatile attacker Arthur Sales in action. Mamelodi Sundowns left it till late before netting twice in stoppage-time to beat Sekhukhune United 2-0 in their Betway Premiership clash at the Peter Mokaba Stadium on Tuesday. The victory for the defending champions means they open up a three-point gap at the top of the table,…

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