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VBS creditors to get R670-million

VBS branch. 2 minutes The VBS Mutual Bank liquidator’s office says it has managed to recover R670-million which will be paid to verified creditors. It says they include municipalities that had invested in the defunct institution. Before the bank collapsed more than six years ago, 14 municipalities and thousands of clients had invested in it….

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ANC NWC meets KZN leadership amid provincial election losses

African National Congress (ANC) flag seen at a party event. 1 minute The ANC National Working Committee (NWC) and KwaZulu-Natal provincial leadership are meeting this morning in Boksburg, eastern Johannesburg. The meeting follows the party’s significant electoral losses in KwaZulu-Natal during the May 29 polls. The ANC NWC aims to address organizational issues identified during…

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Former MKP Deputy secretary Nombuso Mkhize joins Mayibuye Dialogue

Former MKP Deputy Secretary Nombuso Mkhize and Former MKP SG ,Floyd Shivambu reunite in Mayibuye Afrika. The uMkhonto weSizwe Party (MKP)Deputy Secretary General , Nombuso Mkhize, has reportedly resigned from her position and joined Floyd Shivambu’s Mayibuye Dialogue initiative. Shivambu’s camp confirmed her departure in a statement, saying Mkhize will now form part of the…

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Former Umzimkhulu municipal manager arrested for Magaqa’s murder

FILE | Former African National Congress Youth League (ANCYL) Secretary-General Sindiso Magaqa A former municipal manager of the Umzimkhulu Local Municipality has been arrested by the political killings task team in connection with the murder of the ANC Youth League Secretary-General Sindiso Magaqa. Magaqa was a councilor in the municipality, when gunmen opened fire on…

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