South African bank notes are displayed at an office in Johannesburg. 1 minute Finance Deputy Minister David Masondo says there is a serious need for the country to attract foreign direct investment in order to address economic growth. Masondo was one of the panelists at the Africa Markets Conference in Stellenbosch in the Western Cape….
Eintracht Frankfurt’s Omar Marmoush looks dejected after a Bundesliga match against RB Leipzig at Red Bull Arena, Leipzig, Germany on December 15, 2024. 2 minutes Manchester City have signed Egyptian forward Omar Marmoush from Bundesliga side Eintracht Frankfurt on a four-and-a-half-year contract, the Premier League club announced on Thursday. Neither clubs revealed the financial details,…
Customers queue to draw money from an ATM outside of a Capitec branch. Capitec Bank has reported a 26% increase in half-year profits, driven by a good performance across banking, insurance, and fintech segments. The bank reported an increase in active customers, with its client base growing from 23 million to 24 million customers. Lee…
A suspect in handcuffs. 1 minute The National Prosecuting Authority(NPA)’s Investigating Directorate Against Corruption have arrested two former state security members on charges relating to the misappropriation of almost R6 million in state funds. The two suspects made their first court appearance at the Pretoria Specialised Commercial Crimes Court yesterday. Ntshavheni Makhathana was granted R100…
A drop of water coming out of a tap. Amathole District Municipality Spokesperson, Sisa Msiwa, says while a long-term solution is in the pipeline, the provision of water is temporarily hampered by the huge demand in the local municipality. [IN THE NEWS] Dr. BJ Mthembu, the Municipal Manager of the Amathole District Municipality, had an…
Waterfall in Augrabies Falls National Park 2 minutes Tourists who have travelled to Augrabies Falls National Park in the Northern Cape say the experience is breathtaking. The park has recorded a dramatic increase in water volumes, with the waterfall reaching an impressive flow rate of 3 991 cubic metres per second as the Orange River…
Raw corn is shown as it is unloaded for processing at a plant. 2 minutes There are some green shoots for South Africa’s agriculture industry. Agri economists believe many staple crops will benefit from the El Nino weather phenomenon that is expected to bring more rain this year. But for farmers in the Northern Cape…
Deputy President Paul Mashatile in the NCOP 2 minutes The National State Enterprises Bill 2024, which lapsed in the sixth Parliament, has been revived by the seventh Parliament. The Bill, among other things, aims to develop a centralised entity for the ownership of State-Owned Enterprises (SOEs). Deputy President Paul Mashatile made the announcement during the…
Unemployment graphic. 1 minute University of Johannesburg sociologist, Professor Trevor Ngwane, has criticised the government for failing to address rising unemployment, accusing it of prioritising profit over job creation. Ngwane was commenting on the latest unemployment figures released by Statistics South Africa, which show a slight increase in the official unemployment rate for the first…
[FILE IMAGE]: Basic Education Minister Siviwe Gwarube speaking during an event. Education activist Hendrick Makaneta has commended the Minister of Basic Education, Siviwe Gwarube, for launching the Funda Uphumelele National Survey (FUNS), which is a study that measures early‑grade reading outcomes across eleven official languages. FUNS has been launched in Pretoria and provides the first…
