nyuuz

  1. Munyaradzi Mafaro

    Purple Group eyes JSE Top 40 after strong results

    Purple Group leadership has projected entry into the Johannesburg Stock Exchange Top 40 index within a decade after reporting substantial gains through its EasyEquities investment platform. Chief Executive Charles Savage outlined ambitious expansion plans following annual results showing revenue...
  2. Munyaradzi Mafaro

    MTN posts strong Q3 as subscribers top 300 million

    MTN Group reported reaching 300 million subscribers while service revenue climbed to R160.38 billion during the first nine months of the fiscal period, driven primarily by operations in Nigeria and Ghana. The telecommunications provider experienced growth of 25.9 percent in total revenue, with...
  3. Munyaradzi Mafaro

    Mpengesi takes over the Football School of Excellence

    Chipcor Developers has taken control of the Football School of Excellence after Transnet withdrew from its three-decade partnership with the Western Cape institution. Businessman Siviwe Mpengesi, who owns Chippa United FC, will oversee operations at the facility that has produced national team...
  4. Munyaradzi Mafaro

    Moody’s notes SA deficit gains but warns on debt

    Moody's has acknowledged South Africa's medium-term budget framework while cautioning that debt sustainability requires accelerated economic expansion and structural transformation. The ratings agency recognized that fiscal officials managed to stabilize the deficit at 4.5 percent of gross...
  5. Munyaradzi Mafaro

    Johannesburg clears 161 traders after court order

    The City of Johannesburg has authorized 161 informal vendors to resume operations in central business district locations after a court mandate required municipal officials to process applications from more than 500 street sellers. The Gauteng High Court directed the city to complete registration...
  6. Munyaradzi Mafaro

    Makate payout frozen as Black Rock claim goes to court

    Nkosana Makate will receive only part of his settlement with Vodacom over the Please Call Me service invention while a court battle with his former litigation backer continues. Black Rock Mining Limited, an Australian firm supported by British investor Errol Elsdon, is claiming 40 percent of the...
  7. Munyaradzi Mafaro

    Mogotsi alleges Mkhwanazi, Misuzulu linked to CIA

    A former intelligence operative told a judicial inquiry that KwaZulu-Natal's police commissioner and the Zulu monarch were recruited by American intelligence services and actively collaborate with the agency. Brown Mogotsi presented allegations to the Madlanga Commission without documentary...
  8. Munyaradzi Mafaro

    Lamola blocks Palestinian charter flights to SA

    South Africa's international relations minister has terminated authorization for charter aircraft transporting Palestinians following intelligence indicating an organized displacement campaign from Gaza and the West Bank. Ronald Lamola characterized the operations as a systematic effort to...
  9. Munyaradzi Mafaro

    Sundowns host Lupopo in Champions League opener

    Mamelodi Sundowns will begin their continental campaign against DR Congo's FC Saint-Éloi Lupopo at Loftus Versfeld Stadium in a Group C fixture broadcast live across South African networks. The Tshwane-based club enters as overwhelming favorites with an 88 percent win probability, seeking to...
  10. Munyaradzi Mafaro

    Godongwana rejects claims of rushed G20 upgrades

    South Africa's finance minister dismissed criticism that authorities neglect routine municipal services while rushing infrastructure improvements before international gatherings, defending preparations for an upcoming summit of world leaders. Enoch Godongwana rejected characterizations that the...
  11. Munyaradzi Mafaro

    Ex-SARS auditor Michael Benson jailed for VAT fraud

    A former revenue service auditor received a six-year prison sentence after authorities convicted him of defrauding South Africa's tax system of 1.5 million rand through fabricated value-added tax refund claims. Michael Benson exploited his position between 1997 and 2000 by submitting fraudulent...
  12. Munyaradzi Mafaro

    Xhakaza orders review of 55 EMPD promotions

    Ekurhuleni's mayor has ordered a full examination of 55 staff advancements approved by a suspended police department deputy chief, who is facing allegations of enabling criminal networks and misusing municipal resources. Nkosindiphile Xhakaza instructed the city manager to produce findings...
  13. Munyaradzi Mafaro

    ANC seeks motivation for under-25 councillor nominees

    The African National Congress has mandated that local branches submit detailed justifications when nominating council candidates younger than 25 years old, a requirement outlined in newly released electoral guidelines that has prompted criticism from party members who view the policy as...
  14. Munyaradzi Mafaro

    Zuma Foundation rejects reports on SARS tax release

    The Jacob G Zuma Foundation announced it would pursue legal remedies against any attempt to disclose the former president's confidential tax information following a regulatory order directing the South African Revenue Service to release records spanning eight years. Foundation representatives...
  15. Munyaradzi Mafaro

    Astral Foods reports recovery after bird flu slump

    South Africa's largest poultry producer reported revenue climbing 10.4 percent to 22.6 billion rand after recovering from bird flu losses that devastated operations two years earlier, with Astral Foods eliminating all debt and accumulating cash reserves exceeding one billion rand. The company...
  16. Munyaradzi Mafaro

    WeBuyCars grows as Chinese imports pressure the sector

    WeBuyCars recorded revenue growth of 13.1 percent to reach 26.4 billion rand as the used vehicle platform handled over 180,000 purchases and nearly 179,000 sales, generating core headline earnings of 937.6 million rand. The Johannesburg Stock Exchange-listed company credited geographic expansion...
  17. Munyaradzi Mafaro

    Madlanga calls KZN political docket move nonsensical

    A retired Constitutional Court judge has condemned the relocation of 121 political murder investigation files from KwaZulu-Natal to Pretoria as illogical after hearing testimony that officials responsible for the transfer could not explain its purpose. Mbuyiseli Madlanga questioned witnesses...
  18. Munyaradzi Mafaro

    Legoete criticises Lobese for public security remarks

    A parliamentary defense committee leader has rebuked South Africa's naval commander for publicly discussing military funding shortfalls, warning that such disclosures at social gatherings could compromise national security and aid foreign intelligence operations. Dakota Legoete criticized Vice...
  19. Munyaradzi Mafaro

    Ndlozi criticises halt to Mabuyane degree inquiry

    Former opposition legislator Mbuyiseni Ndlozi has questioned efforts to halt an inquiry into Eastern Cape Premier Oscar Mabuyane's university credentials, arguing that academic institutions bear responsibility for defending their degree awards rather than degree holders themselves. The Bhisho...
  20. Munyaradzi Mafaro

    Barbara Creecy backs plan to extend SA licence terms

    South Africa's transport minister has endorsed a proposal to increase the validity period of standard driving licenses from five to eight years, a change designed to reduce administrative burdens at testing centers and align with international practices. Barbara Creecy confirmed that amendments...
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