Category News

All the major companies that billionaire Johann Rupert controls


BusinessTech


Johann Rupert, the richest man in South Africa, controls Richemont, Remgro, and Reinet. Forbes values him at $13.6 billion, making him the country’s wealthiest. Rupert chairs Richemont, founded in 1988, Remgro, and Reinet, focusing on local and international investments. His father Anton established Rembrandt in the 1940s, involved in gold, diamond, and luxury goods.



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Manager denies Manchester City’s January transfer spending fears


SABC News


Manchester City’s Pep Guardiola denies January spending was precautionary for potential transfer ban. Club awaits verdict on alleged Premier League violations. Independent commission heard charges from 2009 to 2023. City spent $224 million on five players. Guardiola refutes spending to avoid ban, cites lower net-spend compared to rivals. Verdict expected in one month.



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Ramaphosa ‘disappointed’ by Trump’s continued disregard for diplomatic channels


TimesLIVE


President Ramaphosa expresses disappointment in US President Trump’s lack of diplomatic engagement. Trump cuts funding to South Africa over Expropriation Act and genocide case against Israel at ICJ. Trump plans to relocate Afrikaners to the US. Ramaphosa’s spokesperson criticizes the lack of diplomatic courtesies and communication from the US despite willingness to engage.



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Famous South African lake goes from popular recreational hub to polluted mess


BusinessTech


Boksburg Lake, once a vibrant recreational spot, now polluted due to industrial discharge, stormwater runoff, littering, and sewage leaks. Efforts to rehabilitate the lake have been costly but unsuccessful, impacting wildlife, residents, businesses, and posing health risks. Located in the Ekurhuleni Metropolitan Municipality in Gauteng, Boksburg has a rich history dating back to the late 19th century.



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