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Accounting institute to investigate Jooste, La Grange in Steinhoff saga

20th March 2019 The South African Institute of Chartered Accountants (SAICA) on Tuesday, said that it would investigate two of its members implicated in 'alleged improper conduct' related to the Steinhoff accounting fraud saga. In heated discussions on the matter among various parliamentary committees on... 

Eskom says will continue with rotating powercuts

20th March 2019 Eskom said on Wednesday it would press on with rotating blackouts, suppressing 2 000 MW of demand at a given time until 9 am, before doubling that to 4 000 MW till 11 pm to avoid tripping the entire national grid. "This is due to a shortage of capacity. Eskom’s maintenance teams are working round... 

Mapisa-Nqakula cancels meeting with Mozambique counterpart

19th March 2019 The Defence and Military Veterans Minister has announced the cancellation of a meeting scheduled to take place on Tuesday with her counterpart from neighbouring Mozambique, which has been hit by the deadly Cyclone Idai that has left a trail of death and destruction. "Owing to unforeseen... 

Kenya, France collaborate on new Nairobi railway line

19th March 2019 A French consortium will build a new railway line linking Nairobi’s Jomo Kenyatta International Airport (JKIA) and the central business district within the next two years, according to a report on Tuesday. The commuter rail, complemented by a Rapid Bus Transit System are expected to greatly... 

Tanzania launches gold trading centre to fight smuggling

19th March 2019 Tanzania has followed South Africa and Botswana with the launch of an international gold trading centre in the gold-rich region of Geita as part of its efforts to fight the smuggling of minerals, according to a report on Tuesday. South Africa has a gold exchange hub while Botswana has a diamond... 

Water supply, economic activity under threat as Eskom struggles to supply power

19th March 2019 South Africa's State-owned electricity company Eskom continued implementing rolling blackouts on Tuesday as its crippled generating units struggled to supply enough power in a crisis likely to further hurt the ailing economy. In its latest statement Eskom said it was implementing "stage 2"... 

Ramaphosa stuck in train with commuters

18th March 2019 President Cyril Ramaphosa on Monday experienced first hand the daily struggles of commuters after being stuck for hours on a train with disgruntled commuters while on the election campaign trail. Ramaphosa and the commuters boarded the train at Mabopane Station in Pretoria before 08:00. The train... 

Looming SA 'expat tax' is ultimately fair – Citadel

18th March 2019 Changes to South Africa's Income Tax Act which will from March 2020 see expatriates taxed locally for income from foreign employment exceeding R1-million is ultimately fair given their continued ties in the country, financial services group Citadel said on Monday. The National Treasury held a... 

At least 30 people die after Angola mine collapse

18th March 2019 A deadly mine collapse in Angola has left at least 30 people dead.  The incident occurred in Chipindo municipality in Angola’s south-west Huila Province as illegal gold miners mined for gold, the state media reported on Sunday. 

SANDF personnel deployed to help in flood-ravaged Malawi and Mozambique

18th March 2019 South African National Defence Force (SANDF) personnel have been deployed to support humanitarian efforts in Malawi and Mozambique, "currently facing serious floods", the SANDF said on Saturday. The SANDF had committed air assets and personnel to supplement the joint inter-departmental,... 

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