Last week, UK-based Standard Chartered Bank reached a settlement with the Competition Commission for colluding with 27 other banks to manipulate the rand and agreed to pay around a R43-million fine to resolve the case. Yesterday, we tackled the economics of this case with Wits School of Governance’s Professor Alex…
At a parliamentary committee hearing on Monday into the EFF's conduct during President Cyril Ramaphosa's State of the Nation Address (SONA) earlier this year, party leader Julius Malema accused Parliament of "every time bringing a white man to deal with them". He also ended up recusing his legal representative Advocate…
On Business Update, Gugulethu Mfuphi spoke with Sizwe Dhlomo about SA ports facing delays and penalties in the movement of containers. They also touched on poultry producer Astral Foods reporting its first loss in its financial results this morning.
On Business Update, Gugulethu Mfuphi spoke with Sizwe Dhlomo about SA ports facing delays and penalties in the movement of containers. They also touched on poultry producer Astral Foods reporting its first loss in its financial results this morning.
Professor Alex Van Den Heever, from the Wits School of Governance, joined Sizwe Dhlomo to unpack the complexity of the rand manipulation for 13 years, as reported last week with Standard Chartered paying a fine of over R40 million for their involvement in this. The Professor shared insights on the…
Politicians took voter registration weekend as an opportunity to campaign for next year’s elections. President Ramaphosa got a mixed reception when he made a stop in Soweto. Some residents of Chiawelo, where Ramaphosa hails from, said it was disingenuous for him and other politicians to visit communities so close to…
On Business Update, Nastassia Arendse spoke with Kgomotso Meso about Sasol’s Annual General Meeting with top asset managers set to vote against the company’s climate remote. They also discussed Deputy Finance Minister, David Masondo’s rejection of the proposal to remove VAT on more foods.
A couple of weeks ago, City Power took control of load shedding switch from Eskom in Joburg. Although in the beginning things seemingly went smoothly, there has been a growing number of glitches with this exercise. Kgomotso Meso invited Professor Sampson Mamphweli, Head of the Department of Science & Innovation…
Now South African cricket fans have an inkling of what it must have been like for supporters of France, England and New Zealand after exiting the Rugby World Cup by losing by the narrowest of margins against the Springboks. We were on such an amazing winning streak with many other…
On Business Update, Nastassia Arendse spoke with Sizwe Dhlomo about JSE enabling secondary and fast-tracking listings from Hong Kong. They also touched on Southern Sun tallying the costs of the recent Joburg hailstorm.
The former Mayor of Joburg, Thapelo Amad, and AIC councillor Margaret Arnolds may emerge as possible candidates for the Joburg Speaker position when minority parties, who form part of a coalition with the ANC and the EFF, meet for a caucus today. Independent Political Analyst and Governance Specialist, Dumisani Tembe,…
EFF leader Julius Malema has responded to COSATU and the South African Democratic Teachers’ Union (SADTU) for calling on him to withdraw and apologise for his comments about the IEC elections. The party had raised concerns about SADTU members being employed to be staff members to work for the IEC…
On Business Update, Nastassia Arendse spoke with Sizwe Dhlomo about Parliament Finance Committee’s call for more food to be free from VAT. They also touched on SA bond auction seeing strongest demand in two years.
Tourism Minister Patricia de Lille and Prof Alistair Mokoena, country director for Google South Africa, signed a collaborative agreement in Parliament aimed at promoting South Africa as a safe tourist destination. This follows incidents of stone-throwing and attacks on motorists on and near the N2 in recent months. Sizwe Dhlomo…
Kgosientsho Ramokgopa has been appointed as acting Finance Minister while Enoch Godongwana is on sick leave. The team discussed this appointment, raising various issues around cadre deployment, the purpose of Deputy Ministers, and optics owing to the UIF scandal, amongst others. They asked listeners to comment on why Deputy Minister…
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