Category BreakingNews

Daily Maverick

Recent reports suggest deep corruption within the ANC, with former officials implicated in corrupt activities. Testimonies reveal former National Assembly speaker Mapisa-Nqakula’s involvement in soliciting cash bribes. The revelations could impact the ANC’s support unless reformist leadership is elected in 2027. The reports, although based on questionable sources, highlight systemic corruption within the government and military.

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BusinessTech

Nigeria joins BRICS as a partner state, expanding the group beyond its original members. The move aims to challenge the dominance of the dollar in oil and gas trading and provide a counterweight to the Group of Seven nations. Nigeria’s acceptance was confirmed by the Ministry of Foreign Affairs, highlighting the country’s commitment to international collaboration and economic opportunities within the alliance.

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Daily Maverick

Recent events, including a Middle Eastern ceasefire and the release of hostages by Hamas, mark a momentous period for America and the world. These developments are tied to ongoing conflicts and regional changes. Additionally, Donald J. Trump’s inauguration as the 45th or 47th president, a rare feat achieved only by Grover Cleveland in the 19th century, adds to the significance of the current situation.

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BusinessTech

Capitec Bank, South Africa’s largest bank with 22.2 million clients, warns of common scams causing financial losses. Recognized for exceptional technology use, it was ranked the world’s best bank in 2016 and received a five-star rating. The bank’s large customer base and technological prowess provide valuable insights into customer behavior and scams affecting clients.

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the Guardian

South African police are searching for James Neo Tshoaeli, a Lesotho national known as Tiger, accused of being a kingpin in illegal mining. Tshoaeli escaped custody after a rescue operation retrieved 78 bodies from an illicit goldmine. Police are investigating officials who may have aided his escape. Tshoaeli is considered dangerous and a fugitive of justice.

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EWN

Darryn Wilken, 35, appeared in court for possession and distribution of child pornography, drug possession, money laundering, and fraud. Police found 10 million images and videos of child pornography at his Midrand home. The case has been postponed to next week.

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IOL News

The Hawks busted a drug lab in KwaZulu-Natal, seizing narcotics and arresting two suspects. The operation involved various law enforcement units and was based on intelligence gathered in November 2023. The lab processed dagga into consumable items for sale. Evidence found included edibles, dagga, equipment, and cash. The confiscated items are valued at R120,000.

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Business Day

Transport Minister Barbara Creecy criticized the lawlessness on SA’s roads as she revealed the 2024 festive season’s road fatalities. There were 1,200 accidents resulting in 1,502 deaths, a 5.3% increase from 2023. All provinces reported fatalities, with KwaZulu-Natal, Eastern Cape, and Free State seeing significant increases. Gauteng, Mpumalanga, and Western Cape had decreases. Creecy acknowledged efforts but emphasized the need for more work.

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BusinessTech

President Cyril Ramaphosa emphasized job creation as the priority in his recent meeting with business leaders. Partnerships with the private sector have already yielded results, particularly in electricity reforms. The government’s focus is on economic growth, aiming for a 3% increase by the end of the year to drive job creation and foster positive growth sentiment.

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The mail& Guardian

The Prudential Authority’s decision to file for provisional liquidation of Ithala may lead to the closure of 257,000 depositors’ accounts. Ithala, facing insolvency, failed to meet conditions for a banking license. The Reserve Bank cites losses and high costs. Ithala disputes the action, claiming solvency. Legal battles ensue, with Ithala seeking government intervention to protect jobs and services. Treasury assures depositors of protection.

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