insert_link Business / Economics French companies are significantly boosting their investments in South Africa French companies are significantly boosting their investments in South Africa. Speaking at the French Business Forum in Johannesburg, French ambassador David Martinon noted that South Africa’s financial regulatory framework and political stability make it an attractive destination for international investors. He says the forum provides a platform for French companies to engage with local businesses, further strengthening economic ties between the two nations: todayOctober 17, 2024 11
insert_link South Africa South Africa’s Police launch manhunt for four men they believe could be linked to the Lusikisiki massacre South Africa's Police have launched a manhunt for four men they believe could be linked to the Lusikisiki massacre that saw 18 people killed in the Eastern Cape last month. The suspects are Songezo Vuma, Bonga Hintsa, Aphiwe Ndende, and Lwando Anthony Shakes. On Tuesday, one of the men already arrested in connection with the murders, Siphosoxolo Myekethe, abandoned his bail application. National police spokesperson, Athlenda Mathe, says they believe […] todayOctober 16, 2024 17
insert_link South Africa MK Party has accused the Special Investigating Unit of being a presidential hit squad The MK Party has accused the Special Investigating Unit of being a presidential hit squad, initiating investigations for political ends. The SIU delivered a presentation on its annual report to Parliament’s portfolio committee on Justice and Constitutional Development yesterday. The MK Party’s chief whip, Mzwanele Manyi, also expressed doubt about the independence of the SIU, since it relies on a proclamation being signed by the president before it can initiate […] todayOctober 16, 2024 9
insert_link South Africa S.A Special Investigating Unit says it has recovered a record eight-billion-rand for the government The S.A Special Investigating Unit says it has recovered a record eight-billion-rand for the government during the 2023/2024 financial year. This is a result of effective investigations, speedy litigation, and recovery processes. The bulk of the recoveries come from investigations into Transnet, Eskom, and the National Student Financial Aid Scheme. SIU head, Andy Mothibi, says they have also successfully set aside contracts and administrative action worth over 2.13-billion-rand through the […] todayOctober 16, 2024 9
insert_link South Africa Tourism Business Council of South Africa has welcomed the new White Paper on Tourism Development The Tourism Business Council of South Africa has welcomed the new White Paper on Tourism Development, replacing the 1996 version. The white paper has been approved for public comment by cabinet. CEO Tshifhiwa Tshivhengwa told Newzroom Afrika that the update promotes transformation, and addresses key issues, including improved market intelligence, technology, and skills development to enhance tourism: todayOctober 16, 2024 12
insert_link South Africa DA Files Over 5,000 Objections Against Renaming Sandton Drive to Leila Khaled Drive DA has filed over five-thousand objections to the City of Johannesburg against the planned renaming of Sandton Drive to Leila Khaled Drive. According to the party, residents believe the renaming is a costly distraction from essential services and that proper consultation hasn't taken place. They argue any name change should honour a South African hero instead of the former Palestinian militant. The DA’s Leah Potgieter says local businesses are worried […] todayOctober 16, 2024 11
insert_link South Africa Fire Incidents Reported at Satara and Olifants Rest Camps in South Africa’s Kruger National Park To South Africa now, where the Kruger National Park has experienced fire incidents at Satara and Olifants rest camps. At Satara, embers from a braai fire set a chalet's thatched roof on fire, but the blaze was quickly contained. At Olifants, three chalets were evacuated for the same reason, and guests were moved to nearby camps. SANParks urges visitors to extinguish braai fires after use to prevent further incidents. Spokesperson […] todayOctober 16, 2024 22
insert_link South Africa SA’s Kganyago praises late Mboweni’s policy contributions South Africa’s Reserve Bank Governor Lesetja Kganyago has praised former Finance Minister Tito Mboweni for his contribution to policy-making. Mboweni, who was the first black central bank governor of South Africa, died over the weekend after a short illness and served as the Reserve Bank governor between 1999 and 2009. He gained a reputation for being principled and ready to debate issues openly. More recently, as finance minister […] todayOctober 15, 2024 23
insert_link South Africa ActionSA launches government of national unity performance tracker ActionSA has launched the Government of National Unity's performance tracker to monitor the coalition government. At a media briefing, ActionSA's national chairperson Michael Beaumont says the tracker will empower citizens to assess the government's progress and failures and push for the necessary reforms. todayOctober 15, 2024 16