Rhino killings increase in SA as lockdown restrictions eased

Rhino killings increase in SA as lockdown restrictions eased

Rhino killings in South Africa rose to 249 in the six months through June from 166 in the same period a year ago, reports Bloomberg.By Felix Njini(Bloomberg) – The easing of last year’s coronavirus lockdown restrictions on movement in South Africa was bad news for its rhinos, with the number illegal

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Ransomware linked to Transnet cyberattack

Ransomware linked to Transnet cyberattack

Hackers left a ransom note for Transnet claiming they encrypted company files. [It] instructed the firm to visit the dark web to enter negotiations.By Ryan Gallagher and Paul Burkhardt(Bloomberg) – South Africa’s port and rail company appears to have been targeted with a strain of ransomware that cy

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Soldiers seize Islamist military base in Mozambique

Soldiers seize Islamist military base in Mozambique

Islamist base seized in Mozambique – reportsBy the Daily FriendAn Islamist military base has been taken in northern Mozambique by a joint force of Mozambican and Rwandan soldiers. This was according to reports on Wednesday, although details were still unclear.The securing of the base, near the villa

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Mastercard looking to simplify cryptocurrency use for consumers

Mastercard looking to simplify cryptocurrency use for consumers

By Jenny Surane(Bloomberg) – Mastercard is looking to make it easier for consumers to buy, spend and hold cryptocurrencies.Startups focused on crypto and digital assets will now be able to join Mastercard’s Start Path programme, which gives fledgling companies access to the network’s executives and

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Transnet declares force majeure following cyber attack across SA

Transnet declares force majeure following cyber attack across SA

By John Viljoen and Felix Njini(Bloomberg) – South Africa’s state-owned ports operator declared force majeure at the country’s key container terminals following continued disruption caused by a cyber attack five days ago.Transnet SOC Ltd. said the declaration covers its terminals in the ports of Dur

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Mango Airlines plummets into business rescue

Mango Airlines plummets into business rescue

"Documents suggest that by reducing labour and other costs, Mango can turn around from current losses to a profit of R97.6m in 2022."By Leah Wilson(Bloomberg) – South Africa’s Mango Airlines will enter a local form of bankruptcy protection, according to the head of its parent, South African Airways.

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If caught, medicine looters may face murder charges – Dr Nicholas Crisp

If caught, medicine looters may face murder charges – Dr Nicholas Crisp

By The Daily Friend*‘If we catch the people who did this, we will have them charged with murdering those patients who died.’So said Dr Nicholas Crisp, deputy director-general of the national health department in response to the theft of chronic medication and the destruction of pharmaceutical facili

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Rupert’s Richemont profits as retail therapy persists

Rupert’s Richemont profits as retail therapy persists

By Angelina Rascouet and Corinne Gretler(Bloomberg) – Shoppers rushing back to stores after the lifting of lockdowns boosted European brands selling everything from watches to sneakers to handbags.Richemont, the owner of Cartier and Van Cleef & Arpels, reported a more than doubling in first-quarter

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Duduzile Zuma under scrutiny for allegedly inciting violent protests, riots

Duduzile Zuma under scrutiny for allegedly inciting violent protests, riots

The ANC's main opposition, the Democratic Alliance, said it plans to file a police complaint against Duduzile Zuma, reports Bloomberg.By S’thembile Cele(Bloomberg) – One of former South African President Jacob Zuma’s daughters has come under scrutiny for allegedly inciting violent protests that have

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SA rand drops down the EM pecking order… and fast

SA rand drops down the EM pecking order… and fast

By Netty Ismail, Selcuk Gokoluk and Leah Wilson(Bloomberg) – Deadly riots. Sky-high unemployment. A surge in virus infections. Add to that rising US inflation and prospects of Federal Reserve tapering, and South Africa’s rand is in a tight place.The currency plunged this week, ceding its position as

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SA’s largest oil refinery shut down due to civil unrest

SA’s largest oil refinery shut down due to civil unrest

The 180,000 barrel-a-day oil refinery was shut due to ongoing unrest and disruption of delivery and supply routes in and out of KZN.By Paul Burkhardt(Bloomberg) – South Africa’s biggest oil refinery, a joint venture between Royal Dutch Shell and BP known as Sapref, shut down because of safety concer

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SANDF deployed in Gauteng and KZN to curb the unrest

SANDF deployed in Gauteng and KZN to curb the unrest

The SANDF has commenced with pre-deployment procedures to assist law enforcement agencies deployed in Gauteng and KZN to quell the unrest.SA government media statement:The South African National Defence Force (SANDF) has commenced with pre-deployment processes and procedures in line with a request f

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Johannesburg Mayor Geoff Makhubo dies after contracting Covid-19

Johannesburg Mayor Geoff Makhubo dies after contracting Covid-19

Following his hospitalisation, City of Johannesburg Mayor Geoff Makhubo has died after contracting Covid-19.By S’thembile Cele(Bloomberg) – The mayor of Johannesburg, South Africa’s economic hub and largest city, has died after contracting the coronavirus.Geoff Makhubo took office in December 2019 a

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High Court rejects Zuma’s bid to delay prison sentence

High Court rejects Zuma’s bid to delay prison sentence

By S’thembile Cele(Bloomberg) – South Africa’s High Court rejected an application by former President Jacob Zuma, who was convicted of contempt of court last week, to delay serving his 15-month sentence while his case is reviewed.The Constitutional Court, the nation’s top legal tribunal, found Zuma

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Court upholds Ace Magashule’s suspension

Court upholds Ace Magashule’s suspension

A South African Court upheld a decision by the ruling party to suspend its secretary-general Ace Magashule.By S’thembile Cele(Bloomberg) – A South African court upheld a decision by the ruling party to suspend its secretary-general Ace Magashule, one of President Cyril Ramaphosa’s main detractors, p

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Transaction Capital raises equity to finance WeBuyCars acquisition

Transaction Capital raises equity to finance WeBuyCars acquisition

Transaction Capital announced an accelerated book build raising over R1bn in order to finance control of WeBuyCars.Transaction Capital SENS statement: Opening of accelerated book build: IntroductionTransaction Capital announces its intention to conduct a non pre-emptive cash placing of up to 33 093

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Covax, J&J initiative may see Caribbean, Africa meet 60% of vaccine goal

Covax, J&J initiative may see Caribbean, Africa meet 60% of vaccine goal

Africa "has struggled to procure vaccines and deliveries from Covax have fallen short of projections after India halted exports," says Bloomberg.By Loni Prinsloo and Antony Sguazzin(Bloomberg) – If Johnson & Johnson and the Covax Covid-19 vaccine-sharing initiative meet their commitments then Africa

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