SARB cuts repo rate by 25 basis points

Reserve Bank Governor Lesetja Kganyago has announced that the repo rate will be cut by 25 basis points – meaning that the prime lending rate will decline to 10.25%. Kganyago made the announcement in Pretoria on Thursday, following the three-day Monetary Policy Committee meeting. The rate cut was widely expected. Announcing the rate cut in…

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Media not allowed at Madlanga Commission in-camera testimony

A cameraman during a shoot. The Chairperson of the Madlanga Commission Justice Mbuyiseli Madlanga has ruled that the media and the public will not sit in today’s proceedings. It says this is because the subject matter is at the center of the ongoing investigations. The media has not opposed the ruling to hold hearings in camera. The commission is…

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NPA losing high profile cases the public is vested in: DA

The Democratic Alliance (DA) MP, Glynnis Breytenbach addresses the media at Parliament in Cape Town on June 6, 2025. 2 minutes Democratic Alliance (DA) MP Glynnis Breytenbach says establishing an anti-corruption unit would be an effective way of boosting prosecutions following the National Prosecuting Authority’s (NPA) loss of high-profile court cases. The cases include the…

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Banning legal gambling not the answer: Gambling Foundation

Dice used in gambling. Illegal gambling remains a persistent problem in South Africa. This is, according to the latest study by StatsSA. Illegal gambling encompasses various unregulated activities, primarily online gambling and unauthorised casinos, posing significant challenges to law enforcement and the economy. South African Responsible Gambling Foundation Executive Director Sibongile Simelane-Quntana says banning gambling…

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