South Africans hanging by a dangerous thread
South African households are overly reliant on short-term or payday loans to make ends meet, putting them in an extremely precarious position.
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DJ Sumbody murder accused KT Molefe denied bail as State joins the dots
Katiso ‘KT’ Molefe was denied bail in the Alexandra Magistrates’ Court on Wednesday after he failed to show the ‘exceptional circumstances’ required for release. Molefe is charged in connection with the murders of Oupa ‘DJ Sumbody’ Sefoka and his bodyguards and will remain in custody, with a provisional indictment set for 18 September. The post…
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Wager for half-point rate reduction faces test of Powell remarks
The intensifying bet comes days ahead of the central bank’s annual gathering in Jackson Hole.
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Comedian Celeste Ntuli’s weight of truth encompasses laughter, stigma and the obesity crisis
‘In African families, losing weight invites suspicion. “Are you okay? Are you sick?” they’ll ask. Gain weight? “Oh, you’re happy and being taken care of.” That’s the framework many of us grew up with,’ says comedian Celeste Ntuli. The post Comedian Celeste Ntuli’s weight of truth encompasses laughter, stigma and the obesity crisis appeared first…
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NSFAS’ R2.5m-a-month luxury offices hit by ceiling collapse, flooding
The National Student Financial Aid Scheme is forking out more than R2.5m a month for its swanky Cape Town headquarters, but the building’s ceiling has collapsed, floors have been flooded and staff say unsafe conditions persist. Unions are now demanding proof that the space is safe before returning. The post NSFAS’ R2.5m-a-month luxury offices hit…
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All Weather Capital | Athora Holding | British American Tobacco | Business | Pension Insurance Corporation | Reinet
Billionaire Johann Rupert’s mountain of cash going at a huge discount
Reinet has a ton of cash on its balance sheet, with All Weather Capital’s Sanelisiwe Tofile seeing significant value for investors.
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Maponya Mall tragedy highlights urgent need for reform in South Africa’s taxi industry
The Gauteng government and the South African National Taxi Council have condemned taxi-related violence after an e-hailing driver was killed in Soweto last week. However, their statements ring hollow. The post Maponya Mall tragedy highlights urgent need for reform in South Africa’s taxi industry appeared first on Daily Maverick.
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South African banks are closing the taps
South African banks have become more reluctant to lend as the threat of extreme weather events has heightened the risk of defaults, a study by the South African Reserve Bank shows.
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Hawks Rhino Horn Arrests | Hawks Wildlife Crime Investigation | organised crime South Africa | Rhino Horn Fraud Permits | Rhino Horn Trafficking South Africa | The Green Guardian
Hawks bust rhino trafficking syndicate linked to 964 horns
The Directorate for Priority Crime Investigation (the Hawks) has cracked a transnational wildlife trafficking syndicate at the centre of one of South Africa’s biggest rhino horns fraud schemes, following a seven-year investigation. Six suspects — five men aged 49 to 84 and a 60-year-old woman — handed themselves over to the Hawks’ wildlife trafficking section…
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anti-corruption | Centre For African Studies | Corruption | Cross-border illicit financial flows | international anti-corruption court | Thought Leader
From liberation to integrity: Ruth First can inspire anti-corruption advocacy
Ruth First’s life and work remain a powerful reminder that research, when combined with political purpose and moral clarity, can become a weapon for justice. Her research approach evolved from her fearless work as an investigative journalist exposing injustice and her academic studies examined grassroots conditions in Namibia and Mozambique, combining on-the-ground inquiry with critical…