insert_link Business / Economics South Africa’s $26.3 million new mining fund sets stage for exploration boom By Bonface Orucho, via bird story agency South Africa is charting a new course for its mining industry, betting on local and junior miners to identify and unlock greenfield mines as the country pursues higher sector prosperity. The country has introduced a new US$26.3 million (R500 million) mining exploration fund for local and junior miners, aiming to tap into the rising global demand for minerals. South Africa’s […] todayFebruary 8, 2024 21
insert_link South Africa National Task Team Deployed in Nongoma Following Political Killings: South African Police Take Swift Action Fannie Masemola, the South African National Police Commissioner, has ordered the deployment of the national task team to investigate political killings in the Nongoma area, KwaZulu-Natal. This directive follows the tragic killing of an IFP councillor and a child by unidentified gunmen, with two other children sustaining injuries. Police spokesperson Athlenda Mathe reports that the national commissioner has emphasized an exhaustive investigation, urging law enforcement to swiftly apprehend the suspects […] todayFebruary 8, 2024 34
insert_link South Africa SA’s GOOD Party Urges President Ramaphosa to Prioritize Action Over Hollow Plans in State of the Nation Address The GOOD Party, through its secretary-general Brett Herron, emphasizes that South Africans are in need of tangible solutions rather than well-intended yet hollow plans in President Cyril Ramaphosa's upcoming State of the Nation address. Herron asserts that there has been inadequate redress for historical social and economic exclusion. He calls for President Ramaphosa to address critical issues such as economic growth, the energy crisis, poverty, and land reform to effectively […] todayFebruary 8, 2024 23
insert_link South Africa SA’s Key State of the Nation Address Holds Historical Significance The upcoming State of the Nation address is not only marking the end of the current term but also coincides with South Africa's 30 years of freedom and democracy celebration, highlights the Presidency. Simultaneously, the EFF awaits a crucial court ruling on whether suspended members, including Julius Malema and Floyd Shivambu, can attend tonight's SONA. Six EFF members were suspended for disrupting last year's address, barring them from participating in […] todayFebruary 8, 2024 9
insert_link South Africa Cape Town Mayor Calls for Collaboration with National Government to Accelerate Passenger Rail Devolution Cape Town Mayor Geordin Hill-Lewis has expressed the city's readiness to collaborate with the national government in expediting the devolution of passenger rail services. Mayor Hill-Lewis highlighted President Cyril Ramaphosa's previous commitment to releasing the Rail Devolution Strategy last year, expressing concern about the delay. The mayor pointed out that the city's rail feasibility study indicates potential annual savings of 932 million rand for lower-income families through the implementation of […] todayFebruary 8, 2024 11
insert_link South Africa South African Federation of Trade Unions Backs Competition Commission’s Constitutional Court Appeal on Alleged Currency Manipulation The South African Federation of Trade Unions has expressed support for the Competition Commission's appeal to the Constitutional Court regarding the alleged manipulation of the rand/dollar exchange rate from 2007 to 2013. Despite the Competition Appeals Court dismissing the case earlier due to insufficient evidence of a coordinated conspiracy, the commission's appeal targets 13 banks, including ten international ones. SAFTU spokesperson Trevor Shaku emphasizes the importance of holding all implicated […] todayFebruary 8, 2024 5
insert_link South Africa SA’ s Presidency Confirms Election Date Announcement Within 15 Days After State of the Nation Address The South AFrica Presidency has officially confirmed that President Cyril Ramaphosa will reveal the election date within 15 days following today's State of the Nation Address. A subsequent proclamation will swiftly follow the announcement. Addressing concerns about delays, spokesperson Vincent Magwenya, in a media briefing on the president's weekly program, reassured the public of the timely process. Magwenya emphasized President Ramaphosa's awareness of the mandatory 90-day period between the announcement […] todayFebruary 8, 2024 29
insert_link Africa Nigerian set up AFCON final against hosts Ivory Coast Substitute forward Kelechi Iheanacho and goalkeeper Stanley Nwabali played key roles as Nigeria beat South Africa 4-2 on penalties on Wednesday in an Africa Cup of Nations semi-final thriller. The three-time champions will face hosts Ivory Coast, who dominated the Democratic Republic of Congo but had to settle for a 1-0 win in Abidjan, in the final on Sunday. Nigeria triumphed after a 1-1 draw following extra time in Bouake […] todayFebruary 8, 2024 8
insert_link South Africa OUTA Boycotts State of the Nation Address, Citing Political Posturing The Organisation Undoing Tax Abuse in South Africa announces its decision to boycott this year's State of the Nation Address by President Cyril Ramaphosa. The boycott is a protest against perceived political posturing and empty rhetoric during SONA. OUTA CEO Wayne Duvenage encourages fellow South Africans to participate in this disengagement, expressing concerns that the address may prioritize political spectacle over addressing critical national issues. todayFebruary 7, 2024 20