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UK’s Standard Chartered to testify in rand manipulation case: Presidency

Minister in the Presidency, Khumbudzo Ntshavheni, says UK's Standard Chartered has agreed to testify as a witness in the prosecution of banks that colluded in the manipulation of the rand over the years. The bank is one of the five financial institutions that have admitted to taking part in the alleged foreign exchange manipulation scheme, 16 years ago. It is understood that they and 27 other local and international banks […]

todayNovember 20, 2023 213

News

Economist says interest rates likely to remain unchanged

Economist, Dawie Roodt, says the South Africans could breath another sigh of relief soon when the South African Reserve Bank announces its decision on the repo rate on Thursday. Roodt believes the bank will keep interest rates on hold at at 8.25%, like it did during the last two Monetary Policy Committee (MPC) meetings. Speaking to Ynews, Roodt said the drop in the fuel prices will also have a positive […]

todayNovember 20, 2023 155

News

Australia down India to lift the ICC Men’s Cricket World Cup for a record sixth time

Australia produced a magnificent performance to beat India in the final to win the ICC Men’s Cricket World Cup 2023. 1987 🏆 1999 🏆 2003 🏆 2007 🏆 2015 🏆 2️⃣0️⃣2️⃣3️⃣ 🏆 𝙰𝚄𝚂𝚃𝚁𝙰𝙻𝙸𝙰 𝙰𝚁𝙴 #𝙲𝚆𝙲𝟸𝟹 𝙲𝙷𝙰𝙼𝙿𝙸𝙾𝙽𝚂 🎉 pic.twitter.com/YV19PzpV1n — ICC Cricket World Cup (@cricketworldcup) November 19, 2023 Over 130 000 Indian supporters arrived at the Narendra Modi Stadium hoping to see the host nation end their decade-long wait for a […]

todayNovember 20, 2023 192

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Siblings implicated in the Phala Phala robbery granted bail

Phala Phala farm theft accused siblings, Froliana and her brother David Josep have been released on R5 000 and R10 000 bail respectively. The pair made brief appearances at the Bela Bela Magistrate Court today, alongside their co-accused 39-year-old, Imanuwela David. The trio is accused of stealing roughly $580 000 in cash from the President’s Phala Phala game farm. Magistrate Predeshni Ponnan ordered the siblings not to communicate with witnesses […]

todayNovember 17, 2023 171

News

Government considers closing Israeli embassy amid anger over war with Hamas

Deputy Minister of International Relations, Candith Masego-Dlamini, says the government needs to take into consideration that shutting down the Israeli embassy may affect its diplomatic presence in Palestine. Masego-Dlamini has told Parliamentarians that the government is discussing the future of the embassy in Pretoria. On Thursday, EFF leader, Julius Malema, tabled the motion to have the embassy to be removed. Various parties, including the National Freedom Party (NFP) and Al […]

todayNovember 17, 2023 135

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State to oppose bail for woman accused linked to insurance claim murders

The state says it will oppose bail for 49-year-old Agnes Setshwantsho, who is accused of orchestrating the deaths of her relatives for insurance payouts. Setshwantsho was arrested on Thursday and made her first appearance at the Molopo Magistrate's Court  today. She has been charged with murder, fraud and defeating the ends of justice. The 49-year-old was arrested in Centurion after a two-month intelligence operation, led by the SAPS. Sergeant Keshi […]

todayNovember 17, 2023 283

News

“Victims of crime need to come forward,” urges crime expert

Crime expert, Jacob Mofokeng, is urging South Africans not to sit back and not report the crimes they experience. Mofokeng's remarks follow today's release of the second quarter crime statistics for the 2023/24 financial year in Parliament by Police Minister, Bheki Cele, and the SA Police Service (SAPS) top brass. The stats have shown a slight decrease in the numbers of serious crimes being reported in country. According to the […]

todayNovember 17, 2023 179

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Jewish groups accuse government of adding fuel to Israel-Palestinian conflict

The South African Zionist Federation (SAZF) has condemned government's decision to submit a referral to the International Criminals Court (ICC), calling for an investigation into Israel's attack on Gaza. Director of Public Policy at the South African Zionist Federation, Benji Shulman, has once again defended Israel's bombardment of Gaza, saying it is in line with the International law. The remarks come after President Cyril Ramaphosa call to the ICC to […]

todayNovember 17, 2023 138

News

Meyiwa murder accused spent weeks in dirty clothes after arrest, court hears

The Pretoria High Court has heard shocking detail of how Bongani Ntanzi allegedly spent weeks in soiled clothes, following his arrest for Senzo Meyiwa’s murder. This as the high court works to determine the admissibility of Ntanzi’s alleged confession, which the defence team maintains was coerced. Ntanzi’s legal representatives say their client was tortured after his arrest and spent almost a month in the same filthy clothes after the 2020 June […]

todayNovember 17, 2023 303

News

Proteas stumble at semi-finals, again

A low scoring thriller at Eden Gardens ended in Australia’s favour as the Baggy Greens sealed a spot in the final of the ICC Men’s Cricket World Cup 2023. Victory for Australia sent them through to Sunday's final against tournament hosts India, where they could win a record sixth men's Cricket World Cup crown. Australia looked on course for a dominant day out in Kolkata when the new-ball bowlers ripped […]

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