insert_link Business / Economics Competition Appeals Court deals blow to South African rand manipulation case The South African Competition Commission’s rand-rigging case has been dealt a massive blow, as the Competition Appeals Court dismissed 23 of the 28 implicated commercial banks, saying the commission lacked enough evidence to support its claim of a conspiracy to manipulate the rand-dollar exchange rates between 2007 and 2013. However, Investec, JPMorgan Chase, HSBC, BNP Paribas, and Credit Suisse still face potential prosecution. Separately, Moneyweb reports that Standard Bank has […] todayJanuary 9, 2024 11
insert_link Opinion Pieces South Africa’s genocide case against Israel: expert sets out what to expect from the International Court of Justice By Magnus Killander, University of Pretoria The International Court of Justice (ICJ) will be holding public hearings on 11-12 January at the Peace Palace in The Hague, the seat of the court, in a case brought by South Africa against Israel. South Africa has accused Israel of violating the 1948 Genocide Convention in its military bombardment and siege of Gaza, which started after the deadly 7 October Hamas attack […] todayJanuary 9, 2024 23
South Africa ANC president Cyril Ramaphosa says the ruling party exist to serve South Africans ANC president Cyril Ramaphosa says the ruling party exist to serve South Africans and remains the party of choice. He addressed the cake-cutting ceremony at the Mbombela Stadium in Mpumalanga yesterday, as the ANC celebrated its 112th anniversary. Ramaphosa says the formation of the ruling party was also to unite people in the country and it has led to the process of ending apartheid. todayJanuary 9, 2024 7
insert_link South Africa SA’s proposed Integrated Energy Plan is criticised by experts South Africa’s proposed Integrated Energy Plan, released for public comment, has received criticism from experts. The draft aims to outline how electricity supply and demand will be balanced until 2050. However, energy experts, including Chris Yelland, have expressed dissatisfaction, citing a lack of clarity and comprehensive details on addressing rolling blackouts. todayJanuary 9, 2024 7
insert_link South Africa SA Water Minister Mchunu says water challenges in eThekwini is due to poor governance SA's Water and Sanitation minister Senzo Mchunu says poor governance in the eThekwini Municipality has resulted in a failure to proactively solve challenges within the water network. The department has been pushing for the idea that Umngeni-uThukela Water takes over ten of eThekwini’s water works, which, according to the minister, represents 90-percent of sewage processing in the city. Speaking to Newzroom Afrika, Mchunu says eThekwini’s water infrastructure needs to be […] todayJanuary 9, 2024 11
insert_link South Africa ANC’s national executive committee plans to announce its continued coalition partnerships The ANC’s national executive committee plans to announce its continued coalition partnerships by the end of the month. Notable alliances include those with the EFF and the Patriotic Alliance. The ANC’s head of political education, David Makhura, says that a comprehensive report on the party’s co-governance approach will be finalised in January. These announcements coincide with the ANC’s 112th birthday celebration. Makhura emphasised the party’s commitment to ensuring the legality […] todayJanuary 9, 2024 4
insert_link South Africa SA Minister Nzimande maintains his innocence amidst kickback allegations raised by OUTA SA's Higher Education, Science and Innovation minister Blade Nzimande has refuted claims of misuse of National Student Financial Aid Scheme funds for the South African Communist Party and personal gain. He dismissed the damning report and recordings by the Organisation Undoing Tax Abuse, revealing allegations of fund mismanagement and corruption within NSFAS as malicious and baseless. Briefing the media, Nzimande maintained his innocence and called leaked recordings part of a […] todayJanuary 9, 2024 1
insert_link South Africa South Africa’s Justice minister Ronald Lamola has revealed that the National Prosecuting Authority’s Aspirant Prosecutor Programme is at risk South Africa's Justice minister Ronald Lamola has revealed that the National Prosecuting Authority’s Aspirant Prosecutor Programme is at risk due to budget constraints. Lamola informed Parliament that around 300 law graduates produced by the programme annually may not be employed by the NPA this year. The initiative provides a 12-month training for graduates to become state prosecutors in lower courts. Lamola warns that prolonged budget cuts could severely impact the […] todayJanuary 9, 2024 12
insert_link South Africa Resignation calls for Nzimande and Khosa intensify over kickback allegations Demands for the resignation of South Africa's Higher Education Minister Blade Nzimande and National Students Financial Aid Scheme board chair Ernest Khosa have intensified amidst allegations of receiving millions of rand in kickbacks from service providers. Nzimande's spokesperson, Ishmael Mnisi told Newzroom Africa that it’s a witch hunt. Meanwhile, Democratic Alliance leader John Steenhuisen says the party's shadow ministers and student organisation will mass mobilize campaigns for South African President […] todayJanuary 8, 2024 60