Johannesburg – The Reserve Bank continues to crack down on companies that are too soft on money laundering. In its latest move, the bank imposed administrative sanctions on Sanlam Life and Fedgroup Life. Sanlam Life faced a penalty of R1-million excluding an amount of R500,000, which was suspended for three years. Fedgroup Life was fined […]
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Facebook has been accused of breaking equality law in the way it handles job advertising. Campaign group Global Witness said it failed to prevent discriminatory targeting of ads and its algorithm was biased in choosing who would see them. In an experiment, almost all Facebook users shown adverts for mechanics were men, while ads for […]
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Industrial activity in the South African manufacturing sector returned to strong growth in August following a record single-month decline in July. The Absa Purchasing Manufacturers Index (PMI) more than recovered from last month’s steep decline, rising to 57.9 points in August from a very low 43.5 points in July. In July, the PMI reading fell […]
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Woolworths chief executive for South Africa, Zyda Rylands, will retire from the role from 30 September 2021, said the group on Monday. While Rylands announced her early retirement from the leadership position, at the board’s request, she has agreed to stay on at the company until 2024. As part of the move, the retailer said […]
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Cape Town – Cape Town City have confirmed the signing of teenage defender Patrick Fisher from fellow Mother City club Cape Town Spurs. The Citizens have bolstered their squad with a third new signing ahead of the 2021/22 DStv Premiership season after announcing the arrival of 18-year-old right-back Fisher on Friday. “City are delighted to […]
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South Sudan’s Minister of Petroleum Puot Kang Chol has said that the country’s local refinery is now operational and will soon supply the ten regional states and countries in the region with refined oil products. The facility which is based in Bentiu, capital of the oil-rich Unity state, started operations in March this year. The […]
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A 63-year-old Zimbabwean woman is suing the police boss and home affairs minister for alleged assault against her by officers who were enforcing lockdown rules. Lydia Chapalapata, who is a resident of Nkulumane in Bulawayo, said police officers assaulted her with a Truncheon as she was queuing to buy maize meal. Chapalapata is seeking $3 […]
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Johannesburg – Kaizer Chiefs have responded on Sunday to last Friday’s protest march by disgruntled Amakhosi supporters who handed over a Memorandum of Concerns which listed 12 demands they wanted addressed. In a statement posted on their official website, Kaizer Chiefs wrote: We welcomed some of our Amakhosi supporters in the spirit of love and […]
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Johannesburg – After being stuck in neutral, South Africa’s vaccination programme is being pushed into high gear. Health Minister Zweli Mkhize says over 1 million Johnson & Johnson vaccines will be ready for distribution by the end of this month. South Africa’s slow vaccination rollout has come under immense scrutiny as the government is still […]
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Vaccine safety experts from the World Health Organization (WHO) are meeting on Tuesday to review the Oxford-AstraZeneca jab, after several European countries halted their rollouts. There had been a number of cases in Europe of blood clots reported after the vaccine was administered. But the numbers are below the level you would expect in the […]
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