FIFA World Cup: Bafana Bafana receive huge financial boost
Bafana Bafana players may not have to worry about unpaid bonuses for the FIFA World Cup following Standard Bank’s partnership with SAFA.
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News24 | Senior Pentagon staff contradict Trump on Iran first strike claim
Trump administration officials acknowledged in closed-door briefings with congressional staff on Sunday that there was no intelligence suggesting Iran planned to attack US forces first, two people familiar with the matter said.
SARS teaches taxpayers a legal lesson
A recent court ruling showed that taxpayers remain fully responsible for their returns, as data-driven audits, poor record-keeping, and flawed legal strategy led to an attorney losing his case and facing substantial penalties.
THE CONVERSATION: Why your brain has to work harder in an open-plan office than private offices
Despite so much focus on getting workers back into offices, there has been far less focus on the impacts of returning to open-plan workspaces.
Global mining giant pumps R7.6 billion into important South African town
Rio Tinto approved a $473 million (R7.6 billion) mine expansion at its Richards Bay Minerals unit, ending a prolonged suspension of the South African project.
News24 | Should an industry-funded ad regulator be able to block public health messaging?
A pending court complaint alleges bias after the regulator voted to block radio advertisements about the dangers of sugar.
News24 | Johannesburg: Where water runs in the streets, but not in the taps
Families across Johannesburg, from Brixton to Westbury, Melville, Coronationville and Midrand, have been facing dry taps for weeks, reeling from the impact of an ailing water distribution network.
AGE OF ACCOUNTABILITY: FSCA slaps ex-Steinhoff legal and treasury chief Grobler with R359m fraud fine
The net tightens around Steinhoff’s inner circle. With a R359-million penalty, the FSCA signals that accountability for one of South Africa’s biggest corporate collapses will not end with boardroom exits or tragedy, but with personal financial consequences.
Civil servants in South Africa earn R700,000 per year on average
Economist Dawie Roodt said South Africans should be angry at civil servants demanding large increases, as they already earn an average of R58,000 per month.
News24 | Key Congo copper-export route cut off after Zambian bridge collapse
Flooding severed the Democratic Republic of Congo’s main copper-export corridor after a bridge collapsed just south of the Zambian border, disrupting shipments from the world’s second-largest producer of the metal.
MIDDLE EAST CONFLICT: Oil and gold price surge will shock and awe SA
The spectre of oil at $100 (R1,607) a barrel will haunt the South African Reserve Bank’s efforts to contain inflation. At the start of this year there were high hopes that the Bank would deliver at least two more 25-basis-point rate cuts this year. Those may now be dashed.
News24 | Iran crisis: Marine insurers cancel war risk cover, tanker costs to rise
Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz.
Critical South African employer under pressure
South African manufacturing sentiment soured slightly in February as business activity weakened and employment declined.
News24 | Israel kills Hezbollah operative in Beirut, Lebanon chief Naim Qassem is a ‘marked target’
Israel’s military said on Monday it struck a senior Hezbollah operative in Beirut, with the defence minister saying the Lebanese group’s chief Naim Qassem is “a marked target”.
Big petrol price hikes announced for South Africa
South African motorists are set to face higher fuel prices in March due to rising global oil prices, with currency movements offering little relief.
How to make the M&G your preferred source on Google
There’s a new tool on Google that allows you to choose the publications you want to be featured in your top stories on the search engine. You no longer need to search “www.mg.co.za” to come to our site and see if we have what interests you. Now, you can simply set our website as your […]
Kremlin says continuing talks with Ukraine is in Russia’s own interests
MOSCOW, March 2 (Reuters) – The Kremlin said on Monday that it was in Russia’s own interests to continue peace talks with Ukraine and that Moscow’s preference was still to reach a diplomatic settlement to end the fighting.
France is ready to help Gulf countries targeted by Iran
PARIS, March 2 (Reuters) – France is ready to help Gulf countries targeted by Iranian retaliatory strikes, Foreign Minister Jean-Noel Barrot said on Monday, adding that the Israeli and U.S. initial strikes against Iran should have been debated beforehand at the United Nations.