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Rand Strengthens Following Zuma’s Resignation

The South African rand has strengthened significantly following president Jacob Zuma’s resignation as head of state, reaching a three-year high of R11.64 against the US dollar. Zuma resigned on Wednesday night at the Union Buildings after the ANC’s National Executive Committee advised him to do so or face a vote of no confidence in parliament. The rand, which was trading at around R12 to the US dollar at the beginning of the week, has been strengthening constantly... Read more »
by Staff Writer | Published 3 days ago

By Mvusi Ngubane On Thursday, January 25th, 2018

Transferring Money to South Africa in 2018: a brief overview

You might have completed work for someone outside of South Africa, or thinking of selling a product or service to overseas customers. Perhaps you simply aren’t sure about how to retrieve international payment... Read more »
By Phillip Taylor On Tuesday, December 5th, 2017

How to be a politician in the United States?

It is not an easy thing to be a politician in the United States of America. Here’s everything that you need to know about it before you enter into the field. The life of a politician in the United States Ther... Read more »
By Oliver Ngwenya On Wednesday, November 30th, 2016

CEO Admits Prasa Has no Mechanisms to Deal with Graft

In a briefing that was held on Wednesday in Johannesburg to members of Parliament’s Standing Committee on Public Accounts, it was revealed that PRASA lacked mechanisms to deal with and curb instances of irreg... Read more »
By Oliver Ngwenya On Thursday, November 17th, 2016

Prasa Leading the Way in Losing Public Funds: AG Makwetu

The Auditor General has revealed that just over R4billion was wasted in the financial year 2015/2016. Auditor Genaral Kimi Makwetu was speaking at a media briefing in Cape Town on Wednesday as he released a rep... Read more »
By Oliver Ngwenya On Sunday, November 13th, 2016

Mixed Reactions as Molefe Throws in the towel.

The spokesperson for the National Union of Mineworkers (NUM), Livhuwani Mammburu says, “We have noted with serious concern the untimely resignation of Eskom CEO Brian Molefe. There’s no doubt that Eskom was... Read more »
By Staff Writer On Sunday, August 14th, 2016

Is MTN Stealing Airtime from its Subscribers?

Recently, MTN’s Facebook page has been flooded with posts from unhappy subscribers, most of whom complain about mysteriously disappearing airtime and data. In most cases, when MTN responds, it advises its... Read more »
By Staff Writer On Thursday, April 14th, 2016

Has MMM Global Collapsed Following the Shutdown of Republic of Bitcoin?

South Africa – Thousands of MMM Global participants across the country are anxious about losing their investments following the network’s announcement last week that it was shutting down one of its ... Read more »
By Staff Writer On Friday, April 8th, 2016

Is Jabulani Cashflow Ngcobo a Fraudster?

One of Durban’s youngest millionaires, Jabulani “Cashflow” Ngcobo, who currently resides in Johannesburg, where he is living a lavish lifestyle, has been accused of defrauding a number of peop... Read more »
By Oliver Ngwenya On Thursday, September 17th, 2015

Load Shedding A Necessary Measure To Protect The Power System: Eskom Says

Eskom announced on Monday evening that it had implemented stage 1 load shedding after managing to keep the country’s lights on for five weeks. It is said that the power system was stable for most of the day t... Read more »