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The South African Reserve Bank’s Monetary Policy Committee is expected to cut interest rates by 25 basis points on January 30 due to low inflation rates. The latest December figure was 3.0%, below the SARB’s target of 4.5%. The decision is influenced by the rand stabilizing and uncertain U.S. trade policies.
Duduzile Zuma-Sambudla, daughter of former President Jacob Zuma, to appear in court for alleged involvement in 2021 unrest. Human Rights Commission investigates damage to businesses in KwaZulu-Natal and Gauteng. Zuma-Sambudla not arrested in 2022 mass operation. She faces accountability for her role in the nationwide protests following her father’s arrest. MK Party urges support for her.
State Department orders Aid group ACF to halt food aid in Ethiopia, including treatment for malnourished children. Trump administration exempts emergency food aid from freeze on foreign aid spending. USAID memo clarifies complete halt on aid, with exceptions for emergency food assistance and officials returning to duty stations. State Department and ACF have not commented on the matter.
Heavy battles in Goma, DRC, between M23 fighters and government forces result in numerous casualties. Protesters in Kinshasa attack embassies over international inaction. Rebels, allegedly backed by Rwanda, take control of Goma. Hospitals overwhelmed with patients suffering from gunshot wounds. Death toll reported at 17, with hundreds wounded. UN and aid agencies warn of escalating conflict.
Uitkyk Vleismark in Lichtenburg, once named ‘Best Butchery in South Africa,’ thrived under entrepreneur Susan Ludick. Despite starting with second-hand equipment, the business grew rapidly, becoming a significant employer in the town. However, municipal mismanagement led to its downfall, despite Ludick’s efforts to upgrade and expand the business with various divisions.
Bafana Bafana assistant coach Helman Mkhalele aims to improve on previous results at the upcoming Africa Cup of Nations in Morocco. South Africa faces tough opponents in Group B, including Egypt, Zimbabwe, and Angola. Mkhalele emphasizes the importance of inspiring the next generation of players and advancing to the knockout stages. The tournament will take place from December 21 to January 18, 2026.
Orlando Pirates are confident ahead of the Soweto Derby against Kaizer Chiefs. Despite a postponed match, they won 3-1 in the Nedbank Cup. Second in the Premiership, they face Chiefs in a crucial match. Pirates have been impressive this season, with a strong record in the CAF Champions League. The Derby is a significant fixture, and Pirates are determined to win.
Neymar leaves Saudi club due to injuries, minimal play. Al-Hilal terminates contract early. Returning to first club in Brazil, Santos, after 17 months in Middle East. Struggled with injuries, played only seven games, scored one goal. Fans excited for his homecoming.
M23 rebels in Congo’s eastern borderlands set to increase illegal mining revenues, fueled by coltan and gold trade. Rebels, allegedly backed by Rwanda, entered Goma city, raising fears of regional conflict. Congo, a top producer of tantalum and cobalt, home to significant coltan and gold deposits.
The Companies Second Amendment Act 17 of 2024, effective from December 27, 2024, amends director and officer liability provisions, extending the period for delinquency claims. The changes aim to address issues highlighted by the Zondo commission and enhance accountability among directors. Businesses are advised to conduct due diligence on directors and implement measures to prevent delinquency. Legal experts recommend gathering evidence, removing delinquent directors, and seeking legal advice when pursuing delinquency applications.
