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News24Wire

News24’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country. Powered by the country’s leading journalists, and headed by the News24 editorial team.

Reserve Bank announces another interest rate hike

27th January 2022 The Reserve Bank's monetary policy committee has hiked the repo rate by another 25 basis points to 4%. This brings the prime rate to 7.5%. Four members of the committee voted for the increase, while one voted for an unchanged rate. After the prime rate went from 10% in 2019 to 7% last year, the... 

Mantashe: SA must oppose 'investment killing' foreign-funded lobby

25th January 2022 South Africa must oppose a foreign-funded anti-development agenda if it has any chance at growing its extractive industries for the benefit of the economy, Mineral Resources and Energy Minister Gwede Mantashe has said. Speaking at the North West provincial mining and energy investment conference... 

Fire at Waterkloof Air Force Base has been contained - SANDF spokesperson

24th January 2022 The South African National Defence Force (SANDF) confirmed that a massive fire, which broke out at the Waterkloof Air Force Base in Pretoria on Sunday evening after a fuel pump burst, has been extinguished. The SANDF's spokesperson, Brigadier-General Mongezi Kweta, said the fire started on the... 

SA to get $750-million World Bank loan to boost economic recovery

21st January 2022 The World Bank announced on Friday morning that it had approved South Africa’s request for $750-million (about R11.4-billion) loan.  "This loan will support the government of South Africa’s efforts to accelerate its Covid-19 response aimed at protecting the poor and vulnerable from the adverse... 

Godongwana to table 'inaugural' budget on 23 February

20th January 2022 Finance Minister Enoch Godongwana will table the national budget on 23 February, 2022. The ministry of finance on Thursday issued an advisory - highlighting that this would be the minister's "inaugural" speech. Godongwana was appointed finance minister in August 2021, relieving his predecessor,... 

Case against 87 suspected Orkney 'zama zamas' charged in deadly shootout transferred to regional court

20th January 2022 The case against 87 suspected illegal miners arrested after a deadly shootout with police in Orkney in October has been transferred from the Orkney Magistrate's Court to the Regional Court in Stilfontein, North West. The accused were arrested in Orkney following a shootout with law enforcement... 

NPA steps in as Optimum Coal Terminal interdict falls away

19th January 2022 The Johannesburg High Court has declined to grant a declaratory order sought by directors of the Gupta-linked Tegeta Exploration and Resources to prevent business rescue practitioners from progressing the rescue of Optimum Coal Terminal. The judgment, handed down on Tuesday, has, however,... 

30 heavily armed suspects kill Eskom security guard during cable theft incident

19th January 2022 An Eskom security officer has been shot dead in Soweto. Around 30 heavily armed suspects shot at the officer and six of his colleagues on Tuesday, 11 January during an alleged attempt to steal copper cable outside the Eskom Klipspruit Customer Network Centre (CNC) in Soweto. 

Mbalula hopes to launch digital driving licence renewal system in February

19th January 2022 The government says it intends to fix the controversial and unreliable driver's licence system by going digital. Transport Minister Fikile Mbalula has assured motorists that his department will soon launch a new digital licence renewal system. The department faces a huge backlog of drivers... 

Govt to appeal high court ruling that AARTO Act is unconstitutional – Mbalula

18th January 2022 Transport Minister Fikile Mbalula has vowed to appeal the court ruling that dismissed the Administrative Adjudication of Road Traffic Offences Act as invalid and unconstitutional. Last week, the Gauteng High Court in Pretoria ruled in favour of OUTA, which challenged the constitutional validity... 

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