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Breaking: Township residents lose illegal power connections in South Africa

Residents of the Diepsloot township, Johanesburg, South Africa have no electricity so most of them are forced to install illegal lightning rods to be able to live with power. But the authorities have however now come to tear out these illegal electricity connections. Eskom technicians were in Diepsloot on Tuesday morning to remove illegal electricity […]

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Business: FITA terminates the membership of Gold Leaf as reports circulate about fraudulent tobacco ban sales

The Fair-Trade Independent Tobacco Association stated on Wednesday it had expelled the Gold Leaf Tobacco Company from its ranks with instant effect. FITA chairman Sinenhlanhla Mnguni tested that Gold Leaf’s membership had been terminated, however did no longer right away provide reasons. The move comes two months after the stop of South Africa’s contentious Covid-19 […]

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South Africa records more COVID-19 deaths, cases

South Africa noted eighty one new coronavirus-related deaths in the preceding 24-hour period, bringing the complete range of fatalities to 16,667, Health Minister Zweli Mkhize introduced late Tuesday. Mkhize moreover stated the country had registered 903 new COVID-19 instances for a 2nd day in a row, inserting the total vast range of cases at 672,572. […]

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Business: As the pandemic takes its toll, RMI records a 49% slump in headline earnings

JSE-listed funding maintaining agency Rand Merchant Investment (RMI) stated on Friday that its headline profits fell with the aid of nearly 50percent for the yr to end June, generally due to the big provisions raised in Discovery and Momentum Metropolitan Holdings for the anticipated consequences of Covid-19. This comes after Discovery made provision of R3.4billion […]

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Business: Eskom’s new CEO plans to fix South Africa’s utility

Andre de Ruyter knew properly the adversity he confronted at South Africa’s strength monopoly — a state-owned wreck hollowed out with the aid of corruption that struggles to hold the lights on, pay its bills and play ball with a unionized workforce. “I don’t suppose I was once under any illusion that this wasn’t going […]

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Covid-19: Confirmed cases climb to 670 766; death toll at 16 398 in South Africa

Another 22 humans died of Covid-19 in South Africa over the past 24 hours, bringing the wide variety of Covid-related deaths to 16 398 in the us of a as of Sunday, in accordance to Health Minister Zweli Mkhize. Seven of the deaths had been said in the Eastern Cape, 5 from KwaZulu-Natal, two from […]

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Business: SAA Technical withdraws parent company services over non-payment

South African Airways’ upkeep subsidiary has withdrawn offerings to its mum or dad after the struggling airline failed to pay cash owed to the unit, an SAA spokesman said on Saturday. Administrators took control of SAA in December after almost a decade of monetary losses, and have been trying to maintain it afloat as the […]

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Business: Omnia is turning tide in the middle of the virus storm, expected to grow

South Africa’s Omnia Holdings Ltd. is emerging from the coronavirus pandemic on pinnacle after the agricultural and chemicals enterprise flipped from big financial losses and surging debt to better liquidity and with enlargement plans on the horizon. A mixture of debt restructuring through a two billion rand ($118 million) rights issue, operational cost cutting and […]

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Sports: Aubrey Ngoma Remains A Target For Promoted Outfit

Mamelodi sundowns winger, Aubrey Ngoma, remains on the radar of Swallows FC who have been one of the pace-setters in the switch window.  After strengthening the group with some best players, consisting of former Orlando Pirates midfielder Musa Nyatama and ex-Bloemfontein Celtic defender Wandisile Letlabika, Swallows are keen to bolster their ranks with the addition […]

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Business: Finger points for banking investigation at Standard Bank

The escalating probe into the banking enterprise has fingered one of the country’s biggest banks as being part of a giant community in which nearby financial establishments have been involved in dodgy dealings. The investigation showed that Standard Bank, one of the country’s leading lending institutions, used to be possibly concerned in unscrupulous transactions well […]

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Business: For post-Covid-19 recovery, startups may rely on AWS for

This pandemic has caused sizeable disruptions on economies leading to quite a few agencies – massive or small – going below amid Covid-19-induced lockdowns. As startups confront unprecedented times, many are questioning of taking dramatic steps to stay afloat and have been touted as the key to monetary recovery. Plug into AWS In these remarkable […]

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South Africa demands more African representation at UN Security Council

Africa must be better represented in the UN Security Council, whose “current composition does not reflect the world in which we live,” South African President Cyril Ramaphosa argued Tuesday at the UN General Assembly. “South Africa currently sits, for the second year, as a non-permanent member,” Ramaphosa, who also currently holds the rotating presidency of […]

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NEWS: Ramaphosa wants stronger UN role in confronting challenges in South Africa

With the seventy fifth Session of the United Nations General Assembly taking region this week, South African President Cyril Ramaphosa on Monday harassed the urgent want to support the U.N position in confronting challenges. It is crucial to make sure that the UN be top resourced and representative, Ramaphosa said in his weekly presidential address. […]

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Business: Tribunal worried that TNPA may have dodged a competitive arena in the dust

The Ports Regulator of SA Tribunal expressed grave challenge about the stance adopted by way of the Transnet National Ports Authority (TNPA) at the Port of Saldanha in that it regarded to have decreased itself to a miniscule player that would with ease mulct itself in the dust of a aggressive arena. The Tribunal made […]

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Sports: Hunt’s first words as Kaizer Chiefs

Gavin Hunt has spoken for the first time as the new Kaizer Chiefs coach, outlining his plans as his takes on one of the toughest jobs in the country. The four-time league prevailing mentor was appointed through Amakhosi ultimate week on a three-year contract, and with his glittering CV, the expectations are no doubt very […]

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Business: Is the SAA rescue offer going to fly?

The government is set to dip into its own pocket to bail out SAA and retailer the struggling airline from liquidation while asking quite a number lenders to finance the R2 billion retrenchment process. The Department of Public Enterprises (DPE) on Friday established that it would existing an Adjustment Appropriation Bill in Parliament to reprioritise […]

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Sports: Tau Starts As Anderlecht Move Third

Percy Tau used to be involved for Anderlecht, who moved up to 1/3 in the Belgian Pro League with a thumping victory over Waasland-Beveren on Saturday evening. Tau earned his 1/3 successive begin after having a hand in each dreams of Anderlecht’s 2-0 win over Cecle Brugge final weekend. The traffic had a dream start […]

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Business: Comair closer to take-off as creditors implement rescue business plan

Comair on Friday surpassed another great waypoint en route to returning to the skies when the giant majority of creditors and shareholders voted to adopt the business rescue plan. The company stated on Friday that in terms of the commercial enterprise rescue format the favored investment consortium, comprising a range of former Comair board members […]