South African rand stable as markets await budget speech

1 minute South Africa’s rand was little changed early on Monday as investors await Finance Minister Enoch Godongwana’s budget speech later this week, which will provide insights into Africa’s most industrialised economy. At 07:27 GMT, the rand traded at 18.3575 against the U.S. dollar , near its previous closing level of 18.3525. Analysts said all…

Read More

Budget cuts impact security at correctional facilities: Groenewald

Minister of Correctional Services, Dr Pieter Groenewald The Minister of Correctional Services Dr. Pieter Groenewald, says challenges of overcrowding, the presence of crime syndicates and gangs within correctional facilities remains, despite the department’s efforts to tackle it. The minister says these issues are ongoing, whilst also increasing at the same time. Groenewald highlighted this while…

Read More

Fuel prices rise amid Middle East tensions

An attendant fills fuel into a car. The Department of Mineral and Petroleum Resources has announced adjustment of fuel prices based on current local and international factors. The hikes will take effect from the 4th of March 2026. The department says higher shipping rates as well as the geopolitical uncertainty caused by escalating tensions between…

Read More

PSL terminates Royal AM membership

Royal AM players during a match. 2 minutes The Premier Soccer League’s (PSL) Board of Governors has ratified the recommendation by the League’s executive committee to cancel Royal AM’s membership with immediate effect. Representatives of all 31 professional teams, minus the affected Royal AM came together at the Sandton Convention Centre in Johannesburg to deliberate…

Read More

Sibiya ‘forced me’ to compile report on PKTT disbandment: Khumalo

Head of Crime Intelligence Lieutenant General Dumisani Khumalo. Crime intelligence boss Lieutenant-General Dumisani Khumalo has told the Ad Hoc Committee in Cape Town that he was forced to compile a report regarding the disbandment of the Political Killings Task Team (PKTT). Khumalo says suspended Deputy National Police Commissioner Lieutenant-General Shadrack Sibiya demanded that he write…

Read More