WATCH LIVE: Tito Mboweni delivers Medium-Term Budget Policy Statement

The Finance Minister is expected to paint a grim picture of the current state of the economy, which was already limping when the COVID-19 lockdown brought it to its knees. Finance Minister Tito Mboweni delivers his Medium-Term Budget Policy Speech in Parliament on 28 October 2020 in Cape Town. Picture: GCIS CAPE TOWN – Finance […]

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Tito Mboweni and closing the hippo’s mouth: MTBPS 2020

The Finance Minister delivers an ambitious Medium-Term Budget Policy Statement that will shift government’s priorities, and slash spending. Finance Minister Tito Mboweni delivers his Medium-Term Budget Policy Speech in Parliament on 28 October 2020 in Cape Town. Picture: GCIS CAPE TOWN – Finance Minister Tito Mboweni has a deeply unenviable task – the political face […]

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Malema, Ndlozi denied access to cemetery as vehicle not accredited, court told

Colonel Johannes Venter told the court that he was briefed only to allow the president and heads of state into the cemetery. Economic Freedom Fighters (EFF) leader Julius Malema (wearing brown jacket) appears in the Randburg Magistrates Court on 13 October 2020. Picture: @EFFSouthAfrica/Twitter JOHANNESBURG – Lawyers for Economic Freedom Fighters (EFF) leader Julius Malema […]

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Tshwane council set for special meeting on Friday to elect new mayor

Council Speaker Katlego Mathebe has explained that all political parties have committed to join the sitting. The Tshwane Council. Picture: @TshwaneANC/Twitter. JOHANNESBURG – The Tshwane Municipal Council will hold a special meeting on Friday to appoint a new mayor after failing to convene a sitting for about eight months. Council Speaker Katlego Mathebe has briefed […]

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100% tax increase on tobacco products will kill industry – SATTA

The SA Tobacco Transformation Alliance said the industry was bleeding as a result of the COVID-19 lockdown, which saw a ban on the sale of all tobacco products for months. CAPE TOWN – The South Africa Tobacco Transformation Alliance (SATTA) on Wednesday said that a 100% increase in the tax on tobacco products would kill […]

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4 children hospitalised after near-drowning incident at Herolds Bay

Paramedics responded to the incident and found teachers providing first aid to two girls and two boys. Four children were hospitalised on 28 October 2020 following a near-drowning incident at Herolds Bay in George. Picture: Supplied. CAPE TOWN – Four children on Wednesday were hospitalised in Herolds Bay in the southern Cape following a near-drowning […]

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Increasing Need For Cross-Border Estate Planning As More SA Investors Look Offshore

Market volatility, a weakening rand, and a steep Gross Domestic Product (GDP) decline of 51% in the second quarter of 2020 are just some of the reasons why South Africans are increasingly looking to expand their international investment footprint. An integral part of including offshore assets into a portfolio is the relevant estate planning that goes with […]

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WC Finance MEC hoping for positive news from MTBPS

Maynier said that he hoped there would be positive news in the form of a financial commitment to boost investment in infrastructure and upscale public employment programmes as this would promote economic growth, create jobs and provide immediate relief to struggling families. Western Cape Finance MEC David Maynier. Picture: @DavidMaynier/Twitter CAPE TOWN – Western Cape […]

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Tracking company warns of syndicate operating car theft scam

Tracker said that clients were being contacted by scammers pretending to work for the company and other car tracking companies. JOHANNESBURG – Vehicle tracking company Tracker has alerted clients to a syndicate operating a car theft scam across South Africa. Tracker said that clients were being contacted by scammers pretending to work for the company […]

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EC man handed life term for killing ex-girlfriend

Masonwabe Njarha started calling and sending Hombakazi Gaga messages threatening to kill her, prompting her to report the situation to the police. CAPE TOWN – An Eastern Cape man has been sentenced to life and 10 years imprisonment for murdering his ex-girlfriend and attempting to kill her boyfriend. Masonwabe Njarha was sentenced in the Peddie […]

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