Image source: Tima Miroshnichenko from Pexels The staggering increase in the frequency and quantum of administrative penalties makes it clear that the Regulators are taking no prisoners in executing their mandates to enhance market integrity and to fulfil their strategic objectives to act decisively and visibly against misconduct – especially since the Financial Action Task…
A spaza shop 1 minute Small Business Development Minister Stella Tembisa Ndabeni-Abrahams says over 60 000 spaza shops have been registered following the compliance drive campaign that began late last year. She. however, expressed disappointment at a slow pace of small businesses response in applying for government funding. In March this year, the department launched…
A social media account by KwaZulu-Natal Police Commissioner Nhlanhla Mkhwanazi that the SA Police Service has flagged as fake. Police say several fake social media accounts have been created purporting to be those of KwaZulu-Natal Police Commissioner Nhlanhla Mkhwanazi. They say they know of 16 such accounts. This comes after Mkhwanazi made explosive allegations that senior police officials are…
Police badge. Lieutenant-Colonel Ntate Khumalo says the disbandment of the KwaZulu-Natal political killings task team happened suddenly as though he was being struck by lightning. Khumalo is currently testifying about the disbandment of PKTT at the Madlanga Commission and the subsequent handing over of the 121 dockets to the head office. The PKTT was disbanded…
City of Joburg employee at an electrical meter. Johannesburg City Power has warned against the intimidation and harassment of its technicians. This after a video went viral of a group of people in Turfontein, Johannesburg alleging that technicians were soliciting bribes from them. The power utility says the allegations are unfounded as the team was…
South Africa’s manufacturing slowed down again in August due to weaker demand. In a setback for the South African manufacturing sector, the Absa Purchasing Managers’ Index slid back into contraction by 1.4 points to 49.5 points in August. The decline reversed some of the previous months’ gains that saw the index climb above 50 points….
SAPS raiding businesses 1 minute Limpopo police say they have confiscated counterfeit goods worth millions of rand in various stores in Burgersfort. Police raided more than 10 shops. Police spokesperson Malesela Ledwaba says they recovered counterfeit goods, including clothing items and cosmetics. “Lieutenant General Thembi Hadebe commended the team for swiftly operationalizing the information, which…
Former Transport MMC Kenny Kunene The Democratic Alliance (DA) in Johannesburg is sticking to its demand for a full investigation into all contracts former MMC for Transport in the City of Johannesburg, Kenny Kunene had oversight on. Kunene announced his resignation as both MMC and councillor with immediate effect. This follows allegations linking him to…
[FILE IMAGE]: Youth protest over lack of employment options. An organisation called Baithaopi Free Skills Development in Moshawane near Mahikeng has volunteered to transfer skills to interested residents in the province, particularly the youth. With the province currently leading with the unemployment rate in the country, the organisation says the aim of this free skill…
IOC President, Thomas Bach. 4 minutes Only a few people around the world know the name Thomas Bach and even fewer can rattle off those of the seven candidates out to replace him in March after 12 years as president of the International Olympic Committee. Yet despite that low profile, there is no bigger or…
