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Parly committee wants commercial banks to appear before it

Around 50 000 workers have indicated that they will protest and picket against recent retrenchments in the banking sector 2 minutes Parliament’s Trade, Industry and Competition Committee wants commercial banks to appear before it early next year, to iron out various issues. That is according to the Chairperson of the Committee, Mzwandile Masina. He spoke…

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Canal+ bid to buy MultiChoice conditionally approved

MultiChoice logo is displayed outside the company’s building in Cape Town, South Africa 1 minute The Competition Commission South Africa has recommended that the Competition Tribunal approve the proposed transaction whereby a French company intends to acquire MultiChoice Group with conditions. French company, Canal+, is a leading international integrated media and broadcasting company. Canal +…

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Reserve Bank’s MPC to deliver interest rate decision

Reserve Bank Governor Lesetja Kganyago. The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is expected to deliver its first interest rate decision of the year on Thursday afternoon in Pretoria. The bank last cut rates by 25-basis-points in November last year, taking the repo rate to 6.75% and the prime lending rate to…

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Zelenskyy to meet with Ramaphosa to strengthen bilateral ties

Ukraine’s President Volodymyr Zelenskyy arrives in South Africa. 2 minutes Ukraine’s President Volodymyr Zelenskyy will meet President Cyril Ramaphosa at the Union Buildings in Pretoria later this morning on an official visit to the country. The Presidency says the visit provides both countries with an opportunity to further bilateral cooperation and explore areas of cooperation…

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Calls for Godongwana’s resignation unjustifiable: ANC

Finance Minister, Enoch Godongwana delivers the 2025 Budget Speech before the National Assembly on March 12, 2025. 1 minute The African National Congress (ANC) national spokesperson Mahlengi Bhengu-Motsiri says the call for Finance Minister Enoch Godongwana’s resignation can only be justified if there is a failure to adhere to specific policies. Her comments follow the…

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