A credit rating downgrade to sub-investment grade or junk status will cause rand weakness, push SA into a recession and lead to the loss of at least 200,000 jobs, Standard Bank chief economist Goolam Ballim warned on Monday. A downgrade would see SA’s gross domestic product (GDP) decline by 0.3%[…]
Advocate Nomgcobo Jiba ought to be the subject of a commission of inquiry and be suspended from her position as the deputy National Director of Public Prosecutions. That was the reaction of DA shadow justice minister Advocate Glynnis Breytenbach to a ruling by the Western Cape High Court on Monday[…]
The majority of Britons believe Islam is not compatible with British values, a poll suggests. The survey’s also found almost a third of those questioned believe Islam is a violent religion and promotes acts of violence in the UK. However, it also suggests that younger people have a better understanding[…]
The United States announced an end to its embargo on sales of lethal arms to Vietnam on Monday, an historic step that draws a line under the two countries’ old enmity and underscores their shared concerns about Beijing’s growing military clout. The move came during President Barack Obama’s first visit[…]
At least 17 young girls died after a fire swept through the dormitory of a school for children of hill tribes in northern Thailand, officials said on Monday, adding several others were either missing or injured. The fire started late at night, meaning many of the children were asleep and[…]
The Standard Banking Group has suffered a gross loss estimated at R300 million following a sophisticated co-ordinated credit card scam involving 1 000 ATMs and 14 000 convenience stores. The banking group’s media spokesman, Ross Linstrom, said on Monday morning the scam involved the withdrawal of cash using a number[…]
The Democratic Alliance said on Monday the National Prosecuting Authority’s decision to appeal a High Court order that corruption charges against President Jacob Zuma be reinstated was an attempt to shield the president. National Director of Public Prosecutions Shaun Abrahams had earlier told a news conference he would appeal against[…]
More than 120 people have been killed in multiple attacks claimed by the Islamic State of Iraq and the Levant group in ares controlled by the Syrian government, a monitoring group said. Syrian state TV also reported the attacks, putting the death toll at 78. Simultaneous car bombs and suicide[…]
As schools across South Africa continue to debate the issuing of corporal punishment within the classroom environment, the issue of violence within schools has recently been highlighted with the alleged assaulting of an educator at Strandfontein High School by a family member of a learner. The incident was allegedly in[…]
With the countdown to Ramadan, Cape Town is gearing itself for the 6th annual EID Shopping Festival (ESF), set to take place in the Mother City for the very first time. Hosted annually in Johannesburg in association with Gauteng Tourism, this high profile lifestyle cultural festival is going bigger and better than[…]
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