• Pyramid scams thriving in SA - Personal Finance News

    Pyramid schemes in South Africa are more likely to collapse than be shut down, thanks to regulatory arbitrage. The National Consumer Commission (NCC) this week said it was no longer pursuing an investigation into nine suspected pyramid schemes. It said the police’s Specialised Commercial Crimes Unit has taken over the matter. The NCC was established in terms of the Consumer Protection Act (CPA), which defines and outlaws pyramid schemes. However, the commission doesn’t have the capacity to do forensic investigations, Trevor Hattingh, NCC spokesman, says. And only legitimate businesses can be taken to the National Consumer Tribunal, he says. Hattingh was responding to questions about reports this

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  • Maybe we expected too much from the ANC, says former UK cabinet minister Hain

    LONDON — SA has gone from hero to zero under President Jacob Zuma’s poor leadership, with international investors turning their backs on the country. This was the stark assessment of former anti-apartheid activist and Labour cabinet minister Peter Hain in a speech at Swansea University Thursday night. "Can the ANC (African National Congress) reclaim (Nelson) Mandela’s vision of the rainbow nation? Perhaps we all expected too much. Perhaps it was naive to think that the party — for all its moral integrity and constitutionalist traditions — could be immune to human frailty, especially in the face of such immense social inequalities. Could any political party anywhere (including Britain) have done

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  • #NkandlaPayback: Thuli stands firm - Crime & Courts

    Johannesburg - The DA described President Jacob Zuma’s offer to settle the Nkandla matter out of court as bizarre and cheeky, while Public Protector Thuli Madonsela sought to point out how disingenuous Zuma is. In a letter sent to the Constitutional Court by her lawyers on Thursday, Madonsela sought to reinforce her authority. This was in particular reference to parts of the Nkandla report titled Secure in Comfort, parts of which appear to have been overlooked by Zuma on an offer he made this week to settle the matter. In that report, Madonsela recommended that Zuma should pay back a reasonable portion of the R246 million spent on upgrades to Nkandla not related to security. The National Treasury,

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  • Malema unapproachable, only listens to Shivambu says disgruntled EFF member

     "Julius is a liar," said Economic Freedom Fighters member Lufuno Gogoro. "He is lying that we can sit down with him. Julius doesn't want to listen to anyone except [EFF chief whip] Floyd [Shivambu] and we cannot run an organisation through friendship." Gogoro is among a group of EFF members, calling itself defenders of the EFF constitution, which had planned to approach the High Court in Johannesburg on Friday for an urgent interdict against Malema and the EFF's leadership. It wanted a stop put to the party's provincial conferences and its national people's assembly, which is expected to be held in December. Earlier on Friday, Malema told reporters in Johannesburg that disgruntled members were

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  • It was proper for me to resign

    Former finance minister Nhlanhla Nene said, on Saturday, he felt it was “proper” for him to resign as an ANC MP. This following his name being put forward to head the African Regional Centre of the New Development Bank/Brics bank. “Yes, I resigned last year,” he confirmed. “In line with my removal [and being nominated for the Brics bank position] I felt it would be the proper thing to do.” While he resigned in December, his resignation was processed only last month. After Nene’s sacking as finance minister, President Jacob Zuma said the "urgency of the changes in the leadership of the National Treasury" was because nominations needed to be sent to Shanghai in terms of the head of the African

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  • Pravin utters P-word

    Finance Minister Pravin Gordhan is said to believe there would be huge interest if a 49% stake in the parastatal was offered to the private sector. In a meeting last week of ANC leaders and government officials, he argued for a sale. His proposal has put him in conflict with Eskom boss Brian Molefe, who has begun turning the utility around, a person with knowledge of the discussion said. The minister suggested private shareholders be able to buy as much as 49%, said the insider who did not want to be named. Molefe disagreed, said the insider. The proposal follows Gordhan's recent meeting with business investors and comes ahead of a meeting this week between President Jacob Zuma and big business.

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  • Sensational return for Special One?

    London - Jose Mourinho is on the brink of getting the job of his dreams by becoming Manchester United manager this summer. In a dramatic twist for Manchester football, it means he would resume his toxic rivalry with Pep Guardiola, who was announced last Monday as City’s new boss for next season. No deal has been signed but talks have opened and Mourinho has his heart set on the job. United see him as the one man who can go head to head with Guardiola when trying to lure new talent to the club. City already wish to land Paul Pogba from Juventus and John Stones from Everton. United hope the arrival of Mourinho, who calls himself the Special One, will give them the chance to compete. The Portuguese

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  • Teen hankers after Boko Haram captor - Africa

    Abuja - Almost a year after she was rescued from Boko Haram captivity by the Nigerian army, 16-year-old Zara John is still in love with one of the Islamic militants who abducted her. She was delighted to discover that she was pregnant with his child following a urine and blood test carried out by a doctor in the refugee camp to which she was taken after her rescue. “I wanted to give birth to my child so that I can have someone to replace his father since I cannot reconnect with him again,” said Zara, one of hundreds of girls kidnapped by Boko Haram militants during a seven-year insurgency in northeast Nigeria. But any decision over the baby was taken out of her hands. Her father drowned during

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  • Chief expels family for joining IFP

    A family has apparently been banished from their village near Pietermaritzburg in KwaZulu-Natal after they joined a political party opposed by the local chief. The Bhengu family said they were shocked when they were expelled from Maqongqo, a place they have called home for more than 50 years. They were banished on Wednesday and were given until today to move out of the area. They said they had nowhere to go. The banishment came after some of the 11 family members publicly joined the Inkatha Freedom Party (IFP) in September last year. After that, they said, their father Bhekumuzi Bhengu was never allowed to speak or address traditional gatherings with the chief and his kinsmen again. On Wednesday,

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  • Drivers With No Tickets In 3 Years Must Read This

    United States drivers are surprised that they never knew this. If you drive less than 50 mi/day, you better read this...

  • New #blackface row at Stellenbosch - Politics

    Cape Town - Stellenbosch University authorities are reportedly investigating an incident in which two white students wore black paint to a residence party. According to News24, the Heemstede Koshuis party was supposed to have a space theme. In an apology reportedly posted on Facebook, one of the students apologised for the incident , saying they painted themselves dark purple and covered their bodies in glitter. News24 reports that Stellenbosch University spokesperson Martin Viljoen said the university’s equality unit was investigating. Read: Blackface scandal hits Stellenbosch “In the light of a similar incident in 2014, as well as national reports on acts of racism in our country, management

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  • Home Affairs hopes to further ease visa requirements

    Official said the department has given itself a year to introduce further measures to ease travel to SA. Home Affairs Child visa regulations Home Affairs Department Stricter visa regulations South Africa visa regulations SA Tourism Services Association Satsa SATSA PRETORIA – The Home Affairs department said it hopes to further ease visa requirements to facilitate travel into South Africa within the next year.  The department met with the Southern African Tourism Services Association (Satsa) in Pretoria yesterday. The association, which has been highly critical of the department because of restrictive regulations, has welcomed measures already put in place.  Director General Mkuseli Apleni said

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  • New smash and grab hotspot identified - Crime & Courts

    Cape Town - A new hot spot for muggings, smash-and-grabs and hijackings has been identified in Cape Town. An increasing number of attacks have been reported on the N7 between the Bosmansdam off-ramp to Potsdam on-ramp passing Dunoon. On the Facebook page Bothasig Neighbourhood Watch, an ever-growing number of accounts have been reported, with police confirming that the area had been prioritised in terms of visible policing. Sunningdale resident Lorraine Schenck said she never drives at night because of the danger the N7 Plattekloof off-ramp poses. Schenck said her two sons had fallen victim to criminal activities on the highway. “Most of our family live in the northern suburbs and we often have

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  • The biggest losers in the Nkandla saga

    Police Minister Nathi Nhleko has come out as the biggest loser in the Nkandla debacle. Former ANC chief whip Mathole Motshekga and Public Works Minister Thulas Nxesi also have egg on their faces due to the saga. The three led the pack in arguing that President Jacob Zuma should not pay for the upgrades at Nkandla. But Zuma's proposal to pay has left his defenders in a corner. While the ANC and Cosatu welcomed Zuma's announcement to pay back some money spent on non-security upgrades at his private home, opposition parties still want him to appear before court. Cosatu said in a statement Zuma's proposal would bring an end to the drawn-out controversy regarding the public protector's report on Nkandla.

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  • Zimbabwean graduates accuse their government of pimping its workers

    THOUSANDS of unemployed Zimbabwe graduates could soon find themselves with their first jobs in South Sudan but there is just one catch: President Robert Mugabe’s government is thinking of taking 25% of their salaries. The official Chronicle newspaper reported on Thursday that South Sudan wanted "20,000 graduates to work in different fields in the North African country". With high levels of unemployment in Zimbabwe, Mr Mugabe’s government last year announced a scheme to export graduates to countries including South Sudan, Botswana, Angola and Namibia, according to a report in the Herald of June 2015. The scheme was aimed at promoting "brain circulation" on the African continent, officials said

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  • Ugly twar leads to Dana taking Mazwai to court

    According to Jozi Gist the twar began when Mazwai was challenged to come up with a concept for a talent show. Mazwai said that Simphiwe Dana had come to an open mic session she had hosted. Dana didn't remember it. Dana clarified the issue - apparently they were both part of a poetry group called Feelah Sista - and not someone engaged in discovering talent. Things went downhill from there, when Dana accused Mazwai of badmouthing her. Now, according to Sowetan LIVE Dana has responded in a statement - and is planning to take Mazwai to court: "There are various tweets that imply that Simphiwe Dana is an alcoholic and has slept her way to the top, Simphiwe distances herself from these tweets as they

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  • Tokyo told to call it quits

    But in a compromise that saved Sexwale from an embarrassing exit from the race, the former Gauteng premier was allowed to stay on as a candidate when Safa decided to leave his fate in the hands of the Confederation of African Football. Sexwale went to the meeting expecting to receive an endorsement from Safa, but The Times learned on Thursday he was instead told to call it a day. "He was told to withdraw because he does not have support," an insider said. "He was told that Europe has made it clear it will back [Uefa general secretary] Gianni Infantino. He was also told he does not have the support of Africa because he has not campaigned as much as he should have." Several African football associations

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  • Tax Laws: Radebe to the rescue - Politics

    Johannesburg - Minister in the Presidency, Jeff Radebe has been deployed to “assist” Treasury and Cosatu at Friday's engagements on the Tax Laws Amendment Act which includes the controversial retirement reforms. The Presidency announced this intervention in a statement following weeks of tensions between labour and Treasury over its implementation of the retirement reforms ahead of thorough consultations with all social partners. The move is indicative of a changed attitude by government to Cosatu's calls that the laws be repealed, and would likely lead to some sort of agreement between parties which could include a postponement of the laws' implementation, scheduled for March 1st. Cosatu is

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  • ‘Parrot thief’ on R1000 bail - Crime & Courts

    Durban - The man who was allegedly caught pinching an African grey parrot from a pet shop is expected in court at the end of the month. The baby bird was stolen from Julie’s Tropical Fish Centre at Gateway shopping centre. Within the week, CCTV footage of the incident was released on social media sites and the alleged culprit was confronted at his home in Verulam. Debishand Prakash will appear in the Verulam Magistrate’s Court on February 29. He is on bail of R1 000 and is yet to plead. A video clip taken from CCTV camera footage allegedly shows him hiding the bird under the jacket of a boy who was with him. The parrot was stolen from a ventilated box, which contained sawdust for warmth because

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  • Guptas’ safety can’t be guaranteed, warns EFF - Special Features

     Johannesburg - The Economic Freedom Fighters in Gauteng on Saturday warned that the politically-connected Guptas' safety in Gauteng cannot be guaranteed and threatened to drive them out of the province and the country. “Our message is simple, the Guptas, otherwise known as the Zuptas must heed the call of the commander in chief of the EFF [Julius Malema] and vacate South Africa, otherwise, the predictability of what could happen to them and any of their properties, becomes a highly volatile matter. No one can guarantee their safety in this Gauteng,” EFF provincial spokesman Ntobeng Ntobeng said. “We are sick and tired of massaging the cheap and thug-like egos of counter revolutionary neo-capital

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  • School bans pupil for his dreadlocks - Western Cape

    Cape Town - A Rastafarian pupil says his school’s governing body will not allow him to return to class until he has cut off his dreadlocks, while teachers have refused him textbooks and other resources. Anathi Mare’s case is the second complaint of alleged discrimination against a Rastafarian pupil brought to the Western Cape Education Department (WCED) over the past few weeks. Last month, a Rastafarian family from Khayelitsha reported that their son, Azania Stofile, was not allowed to attend classes at Bulumko Secondary because he had dreadlocks. He missed several days of school before he was allowed to return to class. On Thursday, Neziswa Mare told the Cape Argus that during a meeting earlier

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