Top Stories

The South African stock that went from R1,000 to R22,000 in 5 years

BusinessTech

Stefanutti Stocks saw a 2,079% return on a R1,000 investment made in 2020, now worth R21,790. The South African construction company operates in civil engineering, building, mechanical, electrical engineering, and mining services. Despite challenges in the industry, including the impact of the 2010 FIFA World Cup, Stefanutti Stocks faced additional hurdles with an Eskom tender for the Kusile power plant joint venture.
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Medical condition: R10 million theft case at President Ramaphosa’s farm postponed

IOL

The case involving Imanuwela David, Froliana Joseph, and Ndilinasho Joseph for the break-in at President Cyril Ramaphosa’s game farm was postponed to 15 September 2025. They face charges including conspiracy, housebreaking, theft, and money laundering. The trial was delayed due to Froliana Joseph’s medical condition. The trial is set to begin on 15 September and run until 8 October 2025.
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Home Affairs extends Saturday hours for Smart ID applications

The South African

The Department of Home Affairs will open on 24 May and 31 May for extended Saturday hours from 8:00 to 13:00, allowing naturalised citizens and permanent residents to apply for Smart ID Cards. This initiative aims to replace green barcoded ID books with more secure Smart ID Cards. The service is available for listed countries’ citizens and residents to facilitate the transition to secure identification.
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Brooklyn Bridge ship crash: Mexico mourns killed Navy cadets

BBC News

Mexicans mourn the deaths of two Navy cadets killed in a training ship crash at Brooklyn Bridge. América Sánchez, 20, and Adal Jair Maldonado Marcos, 23, were among the crew when the ship’s masts snapped. Sánchez was on the rigging during the accident. Twenty-two others were injured. The Mexican Navy plans to repatriate the crew, with Sánchez’s body to be transferred to Veracruz.
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Kenya’s Martha Karua ‘deported’ from Tanzania ahead of Tundu Lissu court case

BBC News

Kenyan lawyer Martha Karua deported from Tanzania to prevent her from attending opposition leader Tundu Lissu’s court case. Colleagues also detained and deported. Former chief justice and activists stopped at airport. Tanzanian authorities silent. Lissu facing treason charges. Kenyan official urges release of detained individuals. Karua known for human rights advocacy and criticism of democratic decline in East Africa.
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SA’s labour force caught between hope and a crumbling job market

Daily Maverick

Statistics South Africa’s Q1 2025 labour force figures reveal a worsening unemployment situation in South Africa, with the official rate rising to 32.9% and the expanded rate to 43.1%. The data underscores the urgent need for innovative solutions from the government and businesses to address the lack of job opportunities as more people enter the labour market.
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Stanfield wife, Nicole Johnson, spends R5m on Sea Point flat while in prison

Daily Maverick

Nicole Johnson, awaiting trial for money laundering and racketeering, purchased an unbonded R5-million flat on the Atlantic Seaboard, raising concerns about a legal loophole allowing developers to make direct sales without due diligence. The transaction highlights vulnerabilities to money laundering in property deals, especially with increased scrutiny on anti-money laundering measures.
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