SACC

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South Africa

South African Church Leaders Urge Inclusive Government

The South African Council of Churches concluded a special meeting of the National Church Leaders Forum, focusing on the country's political direction as parties negotiate a government of national unity. SACC President, Thabo Makgoba stressed the urgent need to form a government that benefits all South Africans. He called on political leaders to prioritize inclusivity, peace, and stability

today10 June, 2024

South Africa

South African Competition Commission Appeals Dismissal of Currency Manipulation Charges

The South African Competition Commission seeks leave to appeal the judgment of the Competition Appeal Court, which dismissed currency manipulation charges against numerous local and international banks. The court had rejected the commission's case against 23 out of 28 banks accused of manipulating the rand-dollar exchange rate between 2007 and 2013. The appeal application targets 13 banks, including Standard Bank and Bank of America, according to commission spokesperson Siyabulela Makunga. […]

today7 February, 2024