Housing Minister Thembi Simelane will drop over 200 title deeds on beneficiaries in Hammanskraal alongside Gauteng MEC Tasneem Motara and Tshwane MMC Aaron Maluleka at Rapelego Sports Ground. The paperwork proves legal ownership of subsidized houses that families have been living in for years, and it lets them finally access loans, make improvements, or pass property down to their kids.
South Africa is sitting on a backlog of over two million unissued deeds since 1994, and Gauteng has thousands of people stuck waiting because of missing documents and slow processing at deeds offices. The government wants to register 80,000 titles under the current Medium-Term Development Plan.
Hammanskraal has dealt with unfinished RDP houses and...
Mr Price dropped around R10 billion to grab German discount chain NKD Group and its 2200 stores spread across Europe. The Durban retailer is paying up to €487 million for the cash-focused apparel operation that does business in Germany, Austria, Italy, Slovenia, Croatia, the Czech Republic, and Hungary. CEO Mark Blair framed the purchase as essential for growth and scale.
Investors freaked out and tanked the stock by 13.7% because NKD runs skinny profit margins compared to Mr Price's fat ones. The company lost nearly R6 billion in market value after the announcement. NKD pulled in €91.14 million EBITDA on €1.1 billion sales, which sounds solid until you realize the margins are way thinner than what Mr Price usually posts.
The deal...
South African Foreign Minister Ronald Lamola said his country will skip the 2026 G20 Summit in Florida unless Washington sends a proper invite, but he shot down any boycott strategy because that would just give Trump more room to go solo on global stuff. The Trump administration yanked the invitation over bogus claims about white farmer genocide, and Lamola pointed out how most G20 members are backing continued engagement with the US despite the drama.
Trump and Secretary of State Marco Rubio keep pushing the discredited narrative about systematic killing of Afrikaners, even though farm murders hit all races and actual stats show around 50 to 70 yearly deaths in a country with over 20,000 total homicides. Land reform efforts target...
Canada dropped a travel warning telling its people to watch their backs in South Africa because violent crime keeps hitting tourists at crazy rates. The advisory flags armed robberies, carjackings, home invasions, kidnappings for ransom, and express kidnappings where criminals force victims to ATMs after snatching them off the streets. Women traveling solo face particular danger from assault and murder in cities, and sketchy dating app scams target foreigners through fake meetups.
Roads near airports are especially dicey, with people getting followed from baggage claim and robbed later. Fake cops run illegal roadblocks to jack travelers, and real highways have issues with nail strips, rock throwing, and staged accidents to make drivers...
The ANC Greater Tshwane Region held its elective conference and brought back Eugene Modise as regional chair without any opposition. Tlangi Mogale grabbed the deputy chair spot, George Matjila kept his secretary position, Sam Mashola became deputy secretary, and James Shilenge landed the treasurer role. Modise currently works as Tshwane deputy mayor and finance MMC, but he caught heat over alleged sketchy dealings in a massive contract.
Mogale runs roads and transport for the city and pushes hard for women in leadership positions. Matjila dealt with an assault arrest earlier in the year, and he appeared in court over a beef with another party member. The conference theme centered on renewal and unity ahead of local elections, and...
The IFP Youth Brigade told party councillors to boot every EFF member out of municipal jobs in KwaZulu-Natal after Julius Malema backed a no-confidence motion against Premier Thami Ntuli. The youth wing called the EFF move opportunistic backstabbing since the Government of Provincial Unity represents actual voter preference over MK Party single-handed control, and they reminded everyone that MK only pulled 45% while sitting in opposition.
Malema claims MK deserves to run things as the biggest vote-getter with 37 seats, and he needs 41 total to yank Ntuli from office over alleged misconduct during a US trip. The motion debate happens at the legislature with tight math since the GPU coalition holds exactly 41 seats, which makes ANC...
Satrix CEO Fikile Shabangu Mbhokota quit her job to chase a PhD full-time at Wits Business School, and she wraps up at the end of January after running the R290 billion passive investment shop for three years. The Limpopo native climbed from retail clerk to the top spot at one of South Africa's biggest index fund players, and the board thanked her for solid leadership before she bounced to hit the books.
Mbhokota grew the assets under management from around R260 billion since taking over, and she pushed hard for making finance accessible to regular people through cheap ETFs and trackers. She juggled the CEO gig with part-time doctoral studies but decided to commit fully to research.
The company promises a smooth transition with a...
The NPA is hyped to restart the Nulane fraud case after the Supreme Court of Appeal flipped a lower court decision that let eight defendants walk. Judge Nompumelelo Gusha had trashed the prosecution for weak evidence in the R24.9 million Gupta-connected scheme, but the SCA clapped back in June and said her ruling was a miscarriage of justice. The accused lineup features former Free State agriculture department heavyweights Peter Thabethe, Seipati Dhlamini, and Limakatso Moorosi, plus Gupta associate Iqbal Sharma and Ronica Ragavan.
Legal analyst Dikeledi Sinakhomo says the retrial could bring fresh witnesses and documents if both sides agree to beef up the original evidence. The case centers on a sketchy 2011 agriculture feasibility...
The National Treasury cut off equitable share payments to 15 broke municipalities in the North West for violating financial rules under Section 216 of the Constitution. The affected councils owe massive debts to water boards and pension funds, with one district alone sitting on R900 million in unpaid bills. Rustenburg, Madibeng, Matlosana, and a dozen other local and district municipalities got hit with the freeze after ignoring payment agreements and failing to submit proper budget plans.
The money usually covers salaries and basic services like water and garbage collection, and residents are sweating about what happens next during the holiday season. Treasury previously used this tactic to shake loose R460 million from deadbeat...
