Feisty Malema lays into Zuma, ANC in Daveyton

From the SA Press Association: DAVEYTON – The current government was killing people just like the apartheid regime, Economic Freedom Fighters leader Julius Malema said on Sunday. Addressing hundreds of EFF supporters at an election campaign event at Sinaba Stadium in Daveyton, east of Johannesburg, Malema said the current government were using tactics reminiscent of … Read more

English Clubs set new record in January transfer window

By STEVE DOUGLAS of Associated Press English Premier League clubs were once again the biggest spenders in Europe in the January transfer window, splashing out around 130 million pounds ($213 million) to break the record for the season as a whole. Figures released by football finance experts Deloitte on Saturday showed that teams in England’s … Read more

Thousands of exotic reptiles found at OR Tambo

From SAPAAround 1600 neglected reptiles and amphibians were rescued from an OR Tambo International Aiport cargo building, the National Society for the Prevention of Cruelty to Animals (NSPCA) said on Friday. NSPCA spokeswoman Ainsley Hay said the animals were discovered during a routine inspection on Wednesday. “The consignment, bound for the United States of America … Read more

Old Mutual bets big on East Africa: latest plans

NAIROBI, Jan 29 (Reuters) – Anglo-South African financial services group Old Mutual Plc plans to raise the share of profits generated by its African business to 15 percent by the end of next year from 10 percent at present, the firm said on Wednesday. The group has already spent a quarter of its $500 million kitty for investing … Read more

South Africa lifts repo rate to 5.5 percent

From SAPA: The repo rate will rise to 5.5 percent, SA Reserve Bank governor Gill Marcus announced in Pretoria on Wednesday. The repo rate increased by 50 basis points, from its previous level of five percent, and would take effect from January 30. “The primary responsibility of the Bank is to keep inflation under control … Read more

Ramphele to be DA presidential candidate

From SAPA: Agang SA leader Mamphela Ramphele said on Tuesday she would be the DA’s presidential candidate in the general elections in a bid to consign race politics to the dustbin. Ramphele said: “This is a historic moment. We are going to take away the excuse of race and challenge the ANC to be judged … Read more

Queen must manage money better – UK lawmakers

From SAPA-AP British lawmakers have criticized the financial affairs of Queen Elizabeth II and her household, urging the monarch to bring in more income by opening up Buckingham Palace to visitors more often. The House of Commons Public Accounts Committee said in a report Tuesday that the royal household needed more cash to address a … Read more

Why I don’t do small business with South African government: entrepreneur

In some countries, like the UK, government is a rich source of business opportunity for many entrepreneurs who figure out where subsidies are and how the funding systems work. Governments are considered good clients because they are unlikely to default on payments. In South Africa, doing business with the government is a risky business, says … Read more

Thousands apply as DA candidates; some in secret

From SAPA The Democratic Alliance on Saturday announced its premier and Parliamentary candidates ahead of the 2014 elections.Party leader Helen Zille, was again nominated to be the premier of the Western Cape. Mmusi Maimane, who has been at the forefront for the party in Gauteng, was elected to head the province. Speaking at a media … Read more

Looming SA strikes: Mediation team prepped

From SAPAThe CCMA is preparing to resolve disputes ahead of labour union Amcu’s planned strike in the gold and platinum sectors, the commission said on Wednesday. “The CCMA is presently preparing a mediation team to support the state initiative presently underway to attempt to resolve the disputes,” the Commission for Conciliation, Mediation and Arbitration said … Read more