ECB keeps rates unchanged as economy holds up for now

Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany The European Central Bank kept interest rates unchanged at 2% for the third meeting in a row on Thursday and repeated that policy was in a “good place” as economic risks recede and the euro zone shows continued resilience in the face…

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Godongwana increases fuel levy for first time in three years

Petrol attendan fills fuel into a vehicle. 2 minutes Finance Minister Enoch Godongwana has proposed a revised National Budget that abandons the VAT hike and introduces new tax proposals generating R18 billion in additional revenue in 2025/26, and R19 billion in 2026/27. While presenting Budget 3.0 on Wednesday, Godongwana told Parliament that he would be…

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Culture of fear, factionalism and incompetence at EMPD: Spies

Retired Ekurhuleni Metro Police Department Deputy Chief Revo Spies Retired Ekurhuleni Metro Police Department (EMPD) Deputy Chief Revo Spies has described a culture of incompetence, factionalism and fear within the department, saying officials who refused to co-operate with Brigadier Julius Mkhwanazi’s network were sidelined or victimised. Spies told the Madlanga Commission in Pretoria that Mkhwanazi’s…

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