Category News

End of an era for Capitec

BusinessTech

Capitec, South Africa’s largest bank, announced CEO Gerrie Fourie’s retirement in July 2025 after 25 years with the bank. Graham Lee will succeed him. Fourie oversaw the bank’s growth from 5 million to 24 million customers and its transition to a diversified digital bank. His retirement marks the last of the bank’s founders to exit management, ending an era.
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Emmanuel Matatu: Zimbabwe’s President Emmerson Mnangagwa names new army chief

BBC News

Zimbabwe’s President Mnangagwa appoints new army chief, Emmanuel Matatu, ahead of planned protests. Matatu, a former major general, replaces Lt Gen Sanyatwe. Critics urge Mnangagwa to resign over mismanagement and corruption. Matatu, from Mnangagwa’s province, seen as transitional figure. His appointment reflects unstable party-military relations under Mnangagwa.
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Three suspected CIT robbers killed in shootout with cops in Durban, grenade, firearms recovered

News24

Three alleged CIT robbers killed in shootout with police in Reservoir Hills, Durban. Police found grenade and firearms in suspects’ vehicle. Two officers injured. Bomb squad removing grenade. Suspects linked to CIT cases since 2021. Ongoing investigations to determine involvement in other cases. Police acted on tip-off about planned house robbery. Only one vehicle intercepted out of three.
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‘We will continue to sing our songs’: EFF hails ruling to dismiss AfriForum’s appeal bid over ‘kill the boer’

TimesLIVE

The EFF celebrates Constitutional Court’s dismissal of AfriForum’s appeal against Julius Malema’s singing of “kill the boer” as not hate speech. EFF calls AfriForum’s attempt to silence party “baseless and reactionary.” EFF vows to continue singing struggle songs, rejecting efforts to distort history and erase black resistance.
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Ex-Denel chairperson, former CEO in court on corruption charges

News24

Former Denel Group CEO Zwelakhe Ntshepe testified at the Zondo Commission. Former Denel board chair Lungisani Mantsha and ex-CEO Zwelakhe Nhlanganiso face corruption charges related to the Denel Asia joint venture. They were granted R30,000 bail after allegedly disregarding a directive from the Department of Finance and receiving kickbacks for facilitating the deal.
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Cape Town teen arrested over ‘terror plot’ targeting international airport and adult club

Daily Maverick

A 16-year-old boy was arrested on March 27, 2025, for allegedly beheading a statue of Mary at a Catholic church in Melkbosstrand near Cape Town. The teen faces charges of property damage and violating anti-terrorism laws. The incident is reminiscent of a previous case involving twins who attempted to join ISIS. The teen appeared in court and was released to his parents’ care.
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