Liberty Holdings CEO David Munro told reporters on Sunday evening that it was in control of its technology and data infrastructure and was working with authorities to get to the bottom of a data breach which occurred on Thursday evening.
He maintained that no clients suffered any financial loss as a result of the data breach.
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Deputy Minister of Rural Development and Land Reform Mcebisi Skwatsha has said government is considering expropriating land without compensation to assist more than 20 000 farm dwellers facing eviction in the Drakenstein municipality.
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South Africa’s national statistical service has revealed the worst quarterly contraction of country’s economy in nearly a decade after Cyril Ramaphosa ousted Jacob Zuma from leadership, yet it appears he has not been able to do much better, quite opposite in fact.
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The top 10 defaulting municipalities owe Eskom R9.73-billion, and a parliamentary committee has resolved to meet with them to find out why they are not paying their debts………
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If you thought e-tolls were a total nightmare for consumers‚ wait until you read the new regulations that have been proposed by the National Energy Regulator of SA (Nersa).
The Rules for Registration of Small-Scale Embedded Generation‚ the draft consultation paper published last week‚ will require you to register with Nersa before connecting your generator at your home.
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The high expectations generated by the parliamentary motion of the ANC and EFF on the expropriation of land without compensation, are now resulting in the incitement of poor people to occupy land unlawfully. The EFF abuses these expectations by proffering that land grabbing is a quick fix for the problems the poor face. It is almost as if some really believe that owning a farm will turn you into a “rich boss” overnight.
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Consumers already owing R1.37-trillion in debt will feel more heat from higher fuel and toll prices in May, said a debt expert.
Neil Roets, CEO of Debt Rescue, said in a statement that consumers will also have to contend with financial pressures from the 1% VAT increase.
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Resigned Steinhoff chairperson, Christo Wiese, has lodged a claim of R59-billion against Steinhoff International. In a statement released on Thursday afternoon Wiese’s Titan Group, announced that it had served a summons on Steinhoff for the amount which related to investments made into the retailer in 2015 and 2016. In one case, companies in the Titan..
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The national energy regulator, Nersa’s public sessions on Eskom’s proposed tariff increase, are currently underway.
Eskom asks for an excessive increase of thirty percent to recover a R66 billion shortfall. Despite the shortages, Eskom continues to give excessive bonuses to its senior staff.
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Embattled minister in the presidency for women Bathabile Dlamini and Sassa acting CEO Pearl Bhengu have been given until Monday to explain why they should not foot the bill for the CPS contract extension.
Last month, the Constitutional Court gave Dlamini and Bhengu until Monday to explain, via affidavits, why they shouldn’t be held personally liable to foot the bill for the extension of the Cash Paymaster Services (CPS) contract to continue distributing social grants.
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Democratic Alliance (DA) federal executive chairperson James Selfe has said that it was a majority black delegation at the party’s Federal Congress that elected the party’s leadership because it is a capable one.
In an interview on Monday morning following the DA’s elective congress at the weekend, Selfe responded to critics who said that the party’s leadership is not diverse.
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The SA Human Rights Commission (SAHRC) received 486 racism complaints for the 2016/2017 period and most centred around hate speech and the use of the k-word, among others.
Other complaints related to the use of the words “monkeys” or “baboons” to refer to people.
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The Reserve Bank announcement that the repo rate is reduced by 0.25% is a very slight sugar stroke over other shocks that consumers are going to hit and their living standards will be negative.
Just after Easter week fuel
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South African corporate scandals will be the order of the day in Parliament on Tuesday, as the standing committee on finance rolls up its sleeves for a full day of hearings into the imbroglios at Steinhoff, KPMG, VBS Mutual Bank, and the SA Revenue Service.
The committee will start by receiving briefings on Capitec Bank and VBS Mutual Bank on Tuesday morning.
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Tiger Brands has suspended production at its Pretoria plant following detection of “very low levels” of the ST6 strain of Listeria.
The company said that the bacteria detected was within government standards, however, it had decided to take precautionary
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