All World News Portal

Sustained fuel price increases could stoke inflation and keep interest rates higher for longer as SA heads into an election year. from News24 News24/TopStories/rss https://ift.tt/lVxhmyI

The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter. The interest has been hiked from 6.5% to 6.7%. All other small savings instruments will offer the same interest rates. The revised rates were notified by the Department of Economic Affairs of the Ministry of Finance on September 29. “The rates of interest on various Small Savings Schemes for the third quarter of financial year 2023-24 starting from 1st October, 2023 and ending on 31st December, 2023 have been revised,” the office memorandum read. According to the notification, only the interest rate for the five-year recurring deposit scheme has been increased. The Savings Scheme will continue to have 4% interest rate while the one, two, and three-year recurring deposit schemes will continue to offer 6.9%, 7%, and 7% interest rate. There is an interest rate of 8.2% on the the Senior Citizen Savings Scheme and 7.4% on the Monthly Income Accou

Diesel prices are expected to rise sharply for the fourth consecutive month next week, while petrol and illuminating paraffin prices will also be hiked for the third month running. from News24 News24/TopStories/rss https://ift.tt/k6vGqOE

The South African Police Service national crime reporting computer system has been experiencing glitches. It was reportedly offline last weekend and has been on and off since. from News24 News24/TopStories/rss https://ift.tt/PROeFMD

Western Cape businesses in the tourism and agriculture sectors are likely to feel the effects of recent rains and flooding long after the water subsides. from News24 News24/TopStories/rss https://ift.tt/R2z3XQs

In a 'massive blow' to high-end car theft syndicates in Gauteng, three military-grade signal jammers were found when two suspected thieves were arrested. from News24 News24/TopStories/rss https://ift.tt/yPUzKsH

Former Steinhoff CEO Markus Jooste has lost his reconsideration appeal against a R20 million penalty imposed on him for insider trading, with the Financial Services Tribunal describing his actions as "deliberate, premeditated and calculated." from News24 news24/topstories/rss https://ift.tt/JvdfEF1

The Springboks’ interchangeable matchday 23s: is it rugby's version of total football or just a case of tinkering gone into overdrive? More to the point, can it bring back home the Rugby World Cup? from News24 news24/topstories/rss https://ift.tt/xEcTD97

Shares in Spar leapt more than 11% on Thursday after it said it was successfully defending its margins in SA despite consumer pressure, while it has also given up on its loss-making business in Poland. from News24 news24/topstories/rss https://ift.tt/w17ZxHQ

The South African Guild of Actors (SAGA) has started an online petition over digital likeness capture and exploitation. from News24 News24/TopStories/rss https://ift.tt/z1dFLB7

Although the water supply in Gauteng is critical in many areas, there has been an uptick in availability since Water and Sanitation Minister Senzo Mchunu's visit this week. from News24 News24/TopStories/rss https://ift.tt/UA8aMrl

Proteas captain Temba Bavuma will return to South Africa and miss the Cricket World Cup warm-ups. from News24 News24/TopStories/rss https://ift.tt/zM9PxGV

As other state-owned entities face financial and operational disaster, the Industrial Development Corporation has just reported a net profit. A stable leadership team has been key to its success, argues Sikonathi Mantshantsha. from News24 News24/TopStories/rss https://ift.tt/OfdTDSL

The debate on the devolution of powers and functions should be based on the suitability of which government sphere may be able to implement it best. Mbhazima Shilowa writes that public health and public transport should lead the way. from News24 News24/TopStories/rss https://ift.tt/WcakADx

The Springboks will be wary facing Tonga at the Rugby World Cup, knowing they almost lost to the Pacific Island nation at the 2007 edition. from News24 news24/topstories/rss https://ift.tt/LqXN6AD

One person has been killed and two others were arrested after cash-in-transit robbers exchanged fire with the police in Booysens, Johannesburg. from News24 news24/topstories/rss https://ift.tt/o2W0k3r

Talking about gynaecological cancer is not commonplace in our health discourse. After Melanie Verwoerd had to have a tumour removed two years ago, she is determined to educate and raise awareness about this issue. from News24 News24/TopStories/rss https://ift.tt/pl3oAZR

At least 100 000 additional social grant payments are going into Shoprite's Money Market accounts every month as Postbank system issues continue to cause widespread disruptions for hundreds of thousands of beneficiaries. from News24 News24/TopStories/rss https://ift.tt/GUSWqy4

The KwaZulu-Natal Cogta department has warned residents and businesses, particularly those situated in coastal towns, of potentially damaging waves that could disrupt small harbours or ports and cause damage to coastal infrastructure. from News24 News24/TopStories/rss https://ift.tt/7AzcBDv

A 10-year review report of the National Development Plan shows the government has not only failed to deal with unemployment, poverty, and inequality, it is headed in the wrong direction, overtaken by policy incoherency and corruption. from News24 News24/TopStories/rss https://ift.tt/4lmVBWZ

Edtech major BYJU's may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. According to one of the sources, BYJU's had "overhired" people at the time of Covid pandemic due to sudden jump in online education, but the demand has now receded, for which the company needs to do the course correction. "There has been no retrenchment as of now. The company is in the process of restructuring and assessing demand across various units. Around 1,000 people were already serving notice periods, and another 1,000 have not completed their performance improvement parameters. Assessment is still underway. About 3,000-3,500 may be impacted due the whole exercise," a source, who did not wish to be identified, told PTI. The sources said this will be the last lay off at BYJU's payroll and the entire exercise will be over by October end. "The final phase of restru

The Springboks enter the last week of the Rugby World Cup pool stages with Tonga in their sights, along with a quarter-final spot that's well within their grasp. from News24 News24/TopStories/rss https://ift.tt/H7mw98N

Erlo Stegen, the founder of KwaSizabantu Mission, has died. from News24 News24/TopStories/rss https://ift.tt/4PcDvXM

The government plans to fast-track the use of vaccines to fight bird flu as virulent strains of the disease sweeps across SA's poultry sector. from News24 News24/TopStories/rss https://ift.tt/iTSNBbc

Eight people were electrocuted when strong wind and heavy rain lashed the Western Cape over the long weekend. from News24 news24/TopStories/rss https://ift.tt/7l8cNBV

In the modern world of employment in which South Africa is fast being recognised as a destination of choice for remote workers, foreign employers must take care to align the employment contract to the appropriate system of law. from News24 news24/topstories/rss https://ift.tt/b5IgmTn

Growing up, there were many cultural practices around me that I neither understood, nor knew the significance of. However, as I grew older, I started to understand the meaning behind them and appreciate the richness of my culture, writes Botho Molosankwe. from News24 News24/TopStories/rss https://ift.tt/Z4wgnDo

Mumbai : The 12th Global Investment Immigration Summit held at the Sofitel, BKC Mumbai, witnessed a remarkable surge in attendees, signalling a growing interest among Indians in pursuing opportunities abroad. Organized by BLS Global, with Acquest Advisors as the Knowledge Partner and NDTV as the media partner, the summit represented a global amalgamation of ideas and expertise. Immigration specialists from across the globe, including the US, UK, Spain, Portugal, Greece, and more, converged in India, making the event a nexus of international collaboration. This assembly drew the participation of over 150 High Net Worth Individuals (HNIs) and industry professionals, underscoring the growing allure of global migration and investment among the Indian populace. Mr. Sam Hussain, Director of BLS Global, extended heartfelt gratitude to the esteemed guests, speakers, and partners. His address echoed the collective vision of fostering international relationships and unlocking global opportun

The Wallabies rugby team was blasted by the Australian media after their record defeat to Wales on Sunday left Eddie Jones' side on the verge of an early World Cup exit. from News24 News24/TopStories/rss https://ift.tt/SDVieGB

In a potential blow for Africa’s hopes of greater vaccine self-reliance, the German biotech company is currently not moving forward with a plan for a manufacturing facility in South Africa, sources say. from News24 news24/TopStories/rss https://ift.tt/oJ5Lmr2

More than a thousand residents have the painful task of rebuilding their dwellings after a devastating fire wiped out hundreds of homes in Cemetery View informal settlement in Pretoria on Saturday night. from News24 News24/TopStories/rss https://ift.tt/jylncK7

The SA Navy's board of inquiry is set to launch an investigation into the deaths of the three mariners who lost their lives on Wednesday afternoon when high waves swept a group of navy officers off the SAS Manthasisi submarine near Kommetjie. from News24 News24/TopStories/rss https://ift.tt/XB3gfab

The top US trade official said renewing the nation’s preferential access programme for African products without changes counters the Biden administration’s objectives in global commerce. from News24 News24/TopStories/rss https://ift.tt/Lb8Wjhd

Springbok coach Jacques Nienaber struck a defiant note after Saturday's nerve-jangling 13-8 defeat to Ireland, claiming the defending champions can still win the World Cup. from News24 News24/TopStories/rss https://ift.tt/P7gYIcE

Igshaan Fisher, Jason Abrahams, Vanroy Petersen, Carlo Guenantin and Melvin Guenantin were arrested on charges of aggravated robbery and possession of a firearm after being found with Nick Frischke's backpack and wallet shortly after he disappeared from News24 news24/TopStories/rss https://ift.tt/kd7lM18

"Tyranny" is how EFF national spokesperson and MP Sinawo Tambo described the seven parliamentary misconduct charges against him for creating "serious disorder" during President Cyril Ramaphosa's budget vote in June last year. from News24 News24/TopStories/rss https://ift.tt/8pAZ4Wm

Tygerberg Hospital in Cape Town says childhood cancer is the leading cause of death by disease for children under the age of 14 and remains a global health issue. from News24 News24/TopStories/rss https://ift.tt/ctVlv62

A bill which National Director of Public Prosecutions Shamila Batohi deems essential to bring state capturers to book has started its journey through the parliamentary process. from News24 News24/TopStories/rss https://ift.tt/OxNt3sb

Cape Town Climate Week put the spotlight on a reimagined transport system with safe and accessible routes for pedestrians, cyclists and public transport users. from News24 News24/TopStories/rss https://ift.tt/QFaoNmp

The Gqeberha aunts of navy officer Lieutenant Commander Gillian Hector, who died during a submarine incident offshore in Kommetjie on Wednesday, are struggling to come to terms with what happened. from News24 News24/TopStories/rss https://ift.tt/AEfRZvJ

A hike would have dealt consumers a painful blow, with the cost of debt already at a 14-year high. But the interest rate is so elevated that loan arrears have risen, and banks are forced to provision more for customers struggling with repayments. from News24 News24/TopStories/rss https://ift.tt/WgBqdox

The reaction to the Boks' 7/1 split for the crunch World Cup game against Ireland has been emotional. Stormers forwards coach Rito Hlungwani explained to News24 the tactical reasons for upgrading the Bomb Squad. from News24 News24/TopStories/rss https://ift.tt/y6anYmN

A man believed to be behind the murder of five people in Richards Bay has been killed in a shootout with police at the luxury Zimbali Estate in Ballito, KwaZulu-Natal. from News24 News24/TopStories/rss https://ift.tt/C0lc4a1

A Pretoria woman who killed her boyfriend after she found out that he had another girlfriend and two children, has been jailed for life. from News24 News24/TopStories/rss https://ift.tt/f1vsre5

Global investment bank JPMorgan Chase and Co. on Thursday announced that it would be adding India to its emerging market debt index with effect from June 28, 2024. While the much-anticipated decision is widely seen as a big positive for the Indian debt market, here's a detailed look at exactly what it means for investors. What is the JPMorgan emerging market debt index? The JPMorgan emerging market debt index is officially called the JPMorgan Government Bond Index-Emerging Markets (GBI-EM) index. On its official website, JPMorgan said that it has led investors towards higher-yielding local rates by launching the GBI-EM series which has become the new standard for local market benchmarks. As of August 1, 2023, the index included government debt securities from countries like China, Malaysia, Philippines, Czech Republic, Hungary, Poland, Romania, Serbia, Turkey, Brazil, Colombia, Dominican Republic, Mexico, Peru, Uruguay and South Africa. What JPMorgan said on Thursday? On Thur

JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 2024, the Wall Street bank said on Friday. The inclusion, a first for the country, could lead to billions of dollars of inflows into local currency-denominated government debt and bring down bond yields, while also providing some support for the rupee. However, there is little direct impact expected on the equity markets. WHAT PROMPTED THE INCLUSION? The Indian government began discussing the inclusion of its securities in global indexes as far back as 2013. However, its restrictions on foreign investments in domestic debt held that back. In April 2020, the Reserve Bank of India introduced a clutch of securities that were exempt from any foreign investment restrictions under a "fully accessible route" (FAR), making them eligible for inclusion in global indexes. Currently, 23 Indian Government Bonds (IGBs) with a combined notional value of $330 billion are index

South African high school pupils are increasingly turning to vaping as a coping mechanism against stress. from News24 news24/topstories/rss https://ift.tt/dzI4iQc

The Monetary Policy Committee has been left with little room to manoeuvre when it announces its interest rate decision on Thursday after annual consumer price inflation rose for the first time in four months. from News24 News24/TopStories/rss https://ift.tt/F78YcuA

Worker bees are interning as data entry clerks on the hops farms in the foothills of the Outeniqua mountain range in George. from News24 News24/TopStories/rss https://ift.tt/ZjOYzh4

Annual consumer price inflation picked up slightly to 4.8% in August from 4.7% in July - the first increase in four months. from News24 News24/TopStories/rss https://ift.tt/eDMUW13

The Western Cape Blood Service is appealing to the public to donate blood as supply runs critically low. from News24 news24/topstories/rss https://ift.tt/O72YDvM

Springbok coach Jacques Nienaber is expected to stick to the tried and tested combinations that worked out against Scotland for Saturday's Pool B clash against Ireland at the Stade de France. from News24 News24/TopStories/rss https://ift.tt/t6E8KCm

In the history of its existence, not once has the African Union (AU) ever arrived at a conclusion an election was fraudulent, rigged and not free and fair, writes Sipho Masondo. from News24 News24/TopStories/rss https://ift.tt/xFzncQV

Transport Minister Sindisiwe Chikunga says the bus crash in Limpopo that claimed the lives of 22 mineworkers is a "blow [to] the socio-economic well-being of the country". from News24 News24/TopStories/rss https://ift.tt/F5NPpR9

National director of rugby Rassie Erasmus poured cold water on suggestions that he'll be ditching SA Rugby and moving to Ireland. from News24 News24/TopStories/rss https://ift.tt/MKNcw32

South African director of rugby Rassie Erasmus describes himself in his biography as "a quiet, uncomplicated person" and he is far from the extrovert many perceive him to be. from News24 News24/TopStories/rss https://ift.tt/EFY0iQX

Testifying in court is daunting. But what if the evidence you need to give is about something you witnessed as a child and the trial takes so long that by the time you take the stand, you no longer benefit from the protective anonymity and assistance children get when they testify? from News24 News24/TopStories/rss https://ift.tt/5sIrJaj

A R107-million refurbishment of the Steenbras Hydro Pumped Storage Scheme is in the pipeline, with Capetonians hoping it will bring further relief from load shedding. from News24 News24/TopStories/rss https://ift.tt/HGAixMv

The 93-woman caught up in the tidal surge in Leentjiesklip survived being dragged at least 200m, but her son thinks the seawater and the shock was too much for her, and she died on the way to hospital. from News24 News24/TopStories/rss https://ift.tt/5rutEcy

As if sharks were not already enough to worry about, an Australian surfer has been seen paddling out with a python coiled around his neck. from News24 News24/TopStories/rss https://ift.tt/Tr2BMag

South Africa's social welfare system is suffering under the unbearable weight of corruption, incompetence, and dwindling state resources, writes Mpumelelo Mkhabela. from News24 News24/TopStories/rss https://ift.tt/7urSxZc

The Springboks will shift gear going into Saturday's clash against Ireland with two burning selection questions: does Deon Fourie bench as the reserve hooker and will Handre Pollard be pressed into action? from News24 News24/TopStories/rss https://ift.tt/qKtb7FI

Banks will remain closed for two days —  September 18 and 19 —  in some parts of the country for Ganesh Chaturthi. This year, the 10-day-long Ganesh Utsav will be observed from September 19 to September 28. Ahead of the festival, the Reserve Bank of India (RBI) has announced that the banks will remain shut in Bengaluru, Hyderabad and Chennai on Monday, September 18. The statement released, on RBI's official website, also added that in Mumbai, Nagpur and Ahmedabad among other major cities the banks will be closed on September 19. RBI also said that the bank will remain shut in the national capital, Delhi, on September 28, which is the last day of Ganesh Chaturthi. Here is the complete list of cities wherein the bank will remain shut on September 18: Bengaluru Chennai Hyderabad-Telangana On September 19, banks will remain shut in these cities: Ahmedabad Belapur Bhubaneswar Mumbai Nagpur Panaji Here is the list of cities where banks will remain shut on the day of Visa

As government looks to crack down on public servants doing business with the state, experts believe new legislation does not address employees, who may not be directors of companies receiving tenders, but nonetheless are the ultimate beneficiaries. from News24 News24/TopStories/rss https://ift.tt/5kVHAid

The return to service of Kusile unit 4 should offer some immediate reprieve, while the return of other units at the power station could bring another 2 400 MW online. from News24 News24/TopStories/rss https://ift.tt/yLn2C7T

Springbok utility back Canan Moodie is looking forward to playing in his first Rugby World Cup game when he features against Romania, even though the feeling isn't the same as his Test debut. from News24 news24/topstories/rss https://ift.tt/71c8aPJ

An elderly woman has been killed following the spring high tide that battered restaurants, houses and cars along the coast in the Eastern and Western Cape on Saturday. from News24 news24/topstories/rss https://ift.tt/aP7vVLB

Former police boss Phahlane and five others are in court facing graft charges related to the R54 million contracts. from News24 news24/topstories/rss https://ift.tt/lm4S3ZY

Holders South Africa are 'fully focused' on Sunday's meeting with Romania in the Rugby World Cup, in spite of injuries to two of their leading players. from News24 news24/topstories/rss https://ift.tt/4OjZ3oG

Growthpoint Properties has become the first participant in Cape Town's pilot wheeling project to transport electrons on the municipality's grid. from News24 News24/TopStories/rss https://ift.tt/HERnNJL

In its latest report about food price, SA's competition watchdog notes that local retailers are still earning higher profit margins than in the UK and Ireland. from News24 News24/TopStories/rss https://ift.tt/0sthgJ4

Springbok hooker and captain for Sunday's Rugby World Cup game against Romania, Bongi Mbonambi, is comfortable with the responsibility he faces in the game and for the rest of the tournament in Malcolm Marx's absence. from News24 News24/TopStories/rss https://ift.tt/dJ36tET

The weekend got off to a dark start for several residents of Cape Town where at least 16 areas are without electricity. from News24 News24/TopStories/rss https://ift.tt/2UxLedC

A 23-year-old man has been sentenced to two life terms and 15 years behind bars after he and a gunman barged into a Durban house in August 2021, shot two people in the head and injured his ex-girlfriend. from News24 News24/TopStories/rss https://ift.tt/uNYO2zV

The decision to enlist Handre Pollard as the replacement for the injured Malcolm Marx is a brave one, to say the least. You can get away with one specialist hooker in your squad, but it's a potentially dangerous game to play too, writes Nick Mallett. from News24 News24/TopStories/rss https://ift.tt/8zrA5dL

The body of former IFP leader Mangosuthu Buthelezi has entered the eponymous regional stadium amid ululation, high emotions and praise-singing in the mid-morning in uLundi, KwaZulu-Natal. from News24 News24/TopStories/rss https://ift.tt/XdlZu7k

The business partner of a North West businessman who was gunned down outside a Rustenburg CBD restaurant last month has welcomed the news of an arrest in the case. from News24 News24/TopStories/rss https://ift.tt/0ptEIMD

President Cyril Ramaphosa is expected to deliver the eulogy at the special official funeral category 1 of former IFP leader Mangosuthu Buthelezi. from News24 News24/TopStories/rss https://ift.tt/30VfN7O

The vast majority of South Africans are unhappy with the way democracy is working, while our trust in public institutions and government officials continues to decline, writes Damien du Preez. from News24 News24/TopStories/rss https://ift.tt/SbkBJlL

The restitution order describes Mirror Trading International as an "international fraudulent multilevel marketing scheme" that broke a host of US laws. from News24 News24/TopStories/rss https://ift.tt/VFdLh9b

Isaac Motaung is charged with rape, attempted murder and assault with intent to do grievous bodily harm. from News24 News24/TopStories/rss https://ift.tt/Ox6BltP

A new biography of Elon Musk, the controversial SA-born billionaire, has confirmed the existence of emerald mines in Zambia tied to his father. from News24 News24/TopStories/rss https://ift.tt/MTxj29i

North West police have made a breakthrough in their investigation of the murder of 49-year-old businessman Ben Gumbi outside a restaurant in the Rustenburg CBD. from News24 News24/TopStories/rss https://ift.tt/W5Ubv8L

Since assuming the presidency of the IFP, Velenkosini Hlabisa has tried to draw support for the party from other provinces, albeit with little success. The shadow of Mangosuthu Buthelezi, who died last weekend, has continued to engulf him, writes Bheki Mngomezulu as he reflects on the party's future. from News24 News24/TopStories/rss https://ift.tt/vr9BupR

The Special Investigating Unit wants to have Treasury's contract with tech firm Oracle to modernise the state's IT systems reviewed and set aside. from News24 News24/TopStories/rss https://ift.tt/H7XcRb1

Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat. The Indian economy grew 7.8 per cent in the April-June quarter of current fiscal on strong services sector activity and robust demand. "The Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, with growth outpacing other countries in the region," Fitch said, while projecting 6.3 per cent growth for current fiscal, and 6.5 per cent for next fiscal. In its September update of the Global Economic Outlook Fitch, however, said that high-frequency indicators suggest that the pace of growth in the July-September quarter is likely to moderate. Growth in the July-September quarter is likely to moderate as exports continue to weaken, credit growth flatlines and the R

Five of the eight directors of the Postbank board have resigned, including the chairperson. from News24 News24/TopStories/rss https://ift.tt/tKEQo9X

Malcolm Marx's Rugby World Cup sojourn has come to an end after suffering a knee injury at the Springboks' training session in Toulon on Wednesday. from News24 News24/TopStories/rss https://ift.tt/QBd1sVA

A R101-million grant has been awarded to a Stellenbosch University-led international consortium for the management of future epidemics in Africa. from News24 News24/TopStories/rss https://ift.tt/sNu9tS4

Wholesale price-based inflation remained in the negative territory for the fifth straight month in August at (-)0.52 per cent, but prices of food articles and fuel showed an uptick. The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)1.36 per cent in July. In August last year it was 12.48 per cent. Inflation in food articles remained in double digit at 10.60 per cent in August, lower than 14.25 per cent in July. "The negative rate of inflation in August 2023 is primarily due to fall in prices of mineral oils, basic metals, chemical & chemical products, textiles and food products as compared to the corresponding month of previous year,” the commerce and industry ministry said on Thursday. Fuel and power basket inflation was at (-)6.03 per cent in August, against (-) 12.79 per cent in July. In manufactured products, inflation rate was (-)2.37 per cent, as against (-)2.51 per cent in July. The RBI last month kept key interest

A former Crime Intelligence officer has been guilty of murdering his former girlfriend after they broke up. He faces a life sentence. from News24 News24/TopStories/rss https://ift.tt/PW7hvw4

Apple made a major switch in its latest gadgets, including the iPhone that accounts for more than 80 per cent of the smartphone industry's profits. It is one of the most-talked-about thing in the tech world, since Apple earns a substantial revenue from the accessories that third party vendors make for its products. So, how does this change impact the revenue of Apple, one of the most profitable companies in the world. How Apple earns through Lightning port? Apple introduced Lightning port in 2012, with the launch of iPhone 5. It was a huge improvement compared to micro-USB interface, which was mainstream that time. When accessory makers build peripherals and cables for iPhones, they need to apply for Apple's Made for iPhone (MIF) for certification. That certification is mandatory for an accessory to be sold through Apple's official retail channels. Since the introduction of Lightning port more than a decade ago, Apple has earned tens of millions of dollars per quarter,

A man has been arrested in connection with the kidnapping and robbery of American tourists who were en route to the Kruger National Park in Mpumalanga. from News24 News24/TopStories/rss https://ift.tt/l5kUPJb

Equity investors are gearing up for another public offer that is ready to hit the Indian markets this week – the Zaggle Prepaid Ocean IPO (initial public offering). Zaggle Prepaid Ocean is a leading fintech player in spend management, with more than 50 million prepaid cards issued in partnership with banking partners and more than 2.27 million users served, as of March 31, 2023. If you are considering subscribing to the issue, here are some key details you should know. Important dates Zaggle Prepaid Ocean Services IPO opens for subscription on Thursday, September 14, and closes on Monday, September 18. The anchor investors bidding will happen on September 13. The finalisation of the basis of allotment of shares will be done on September 22, refunds should be initiated on September 25 and the shares are likely to be listed on exchanges on September 27. IPO details Zaggle Prepaid Ocean Services has priced its IPO at Rs 156-164 per equity share of face value of Re 1 each. The lot s

Aiden Markram hailed a complete team performance from the Proteas as they stayed alive in the ODI series against Australia. from News24 News24/TopStories/rss https://ift.tt/CyvSO4x

The Boks didn't have the best of scrumming days against Scotland in Marseille on Sunday, but this is a department scrum coach Daan Human vows they'll improve in. from News24 News24/TopStories/rss https://ift.tt/FMW9UxD

Former president Jacob Zuma's attempted challenge to the invalidation of his private prosecution of his successor, President Cyril Ramaphosa, has been unanimously dismissed by a full bench – with costs. from News24 news24/TopStories/rss https://ift.tt/ZI1rUc0

Insurance and investment group Momentum Metropolitan Holdings (MMH) has agreed to buy OUTsurance’s remaining stake in RMI Investment Managers Group. from News24 news24/TopStories/rss https://ift.tt/jslSqz2

After beating Scotland 18-3 in their Rugby World Cup Pool B clash in Marseille on Sunday, the Springboks narrowly missed out on supplanting Ireland at the top of the World Rugby rankings. from News24 News24/TopStories/rss https://ift.tt/GxgMKLD

It is party time for investors who have put in their bets on shares of companies involved in railways and its allied activities. An ambitious rail-port economic corridor deal to connect India-Middle East-Europe, seen as an alternate supply chain route in a completely evolved post-pandemic world order, was signed on the sidelines of the successful G20 Summit held in New Delhi -- thus putting focus on railway infrastructure. Shares of Indian Railway Finance Corp, the dedicated funding arm of Indian Railways, have hit a 10 per cent upper circuit minutes after the opening bell on Monday. The upper circuit is the highest possible price that the stock of a firm can trade at on that particular day. Besides IRFC, Rail Vikas Nigam, RITES, Railtel Corporation of India, and Titagarh Rail Systems were in the range of 3-9 higher at the time of writing this report. Coming back to the deal, Saudi Arabia, the European Union, India, United Arab Emirates (UAE), France, Germany, Italy, and the US com

The Springboks paid tribute to their fans after beating Scotland 18-3 in a Rugby World Cup Pool B clash at the Stade de Marseille. from News24 News24/TopStories/rss https://ift.tt/iApnXZM

The Johannesburg Stock Exchange will co-host a seminar with Eskom later in September to help the power utility deal with various financing options needed to fund its crucial grid expansion programme, according to Electricity Minister Kgosientsho Ramokgopa from News24 News24/TopStories/rss https://ift.tt/PuaU5IX

A Cape Town children's shelter has been left stunned after the former partner of a donor demanded that a box of toys be returned, or he will sue them. from News24 News24/TopStories/rss https://ift.tt/vDNgeEM

Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets. Buying in index majors Reliance Industries and Tata Consultancy Services also added to the winning momentum in equities. The 30-share BSE Sensex climbed 293.7 points to 66,892.61 in early trade. The Nifty advanced 95 points to 19,914.95. Among the Sensex firms, HCL Technologies, Maruti, State Bank of India, Tata Consultancy Services, Tata Motors, Wipro, Nestle, Reliance Industries, Larsen & Toubro and UltraTech Cement were the major gainers. IndusInd Bank and Bharti Airtel were the laggards. In Asian markets, Shanghai quoted with gains while Seoul, Tokyo and Hong Kong traded lower. The US markets ended in the positive territory on Friday. Global oil benchmark Brent crude declined 0.18 per cent to $90.49 a barrel. The BSE benchmark had jumped 333.35 points or 0.50 per cent to finish at 66,598.91 on Friday. The broader Nif

The only excuse that will be accepted for ANC MPs who do not turn up to vote on the Public Protector will be that they are dead. from News24 News24/TopStories/rss https://ift.tt/zJeq0pr

This is extremely important to ensure further investments in private power production in the country. from News24 News24/TopStories/rss https://ift.tt/AvTNLOg

The ANC’s national leadership is fed up with the fact that it is in power with the EFF in Johannesburg, and will seriously consider a DA motion to dissolve Johannesburg’s city council. from News24 News24/TopStories/rss https://ift.tt/VKU7e4a

After three decades at Eskom, former operations boss at the utility, Jan Oberholzer, has entered the renewable energy sector – and he has big plans. from News24 News24/TopStories/rss https://ift.tt/WPEGghf

Redefine Properties expects the installation of a massive solar rooftop project to begin in October and start feeding power through Cape Town's grid by January 2025. from News24 news24/topstories/rss https://ift.tt/KvaUZJT

Daniil Medvedev dethroned defending champion Carlos Alcaraz in a US Open thriller to set up a repeat of the final from two years ago against 23-time Grand Slam champion Novak Djokovic. from News24 News24/TopStories/rss https://ift.tt/Viuo8cY

The Stormers have confirmed the signing of former Springbok and Lions wing Courtnall Skosan. from News24 News24/TopStories/rss https://ift.tt/yX9JZFi

PW Roos, one of the men assaulted in the parking area of a shopping centre in Klerksdorp, was disheartened following the traumatic attack, his lawyer said. from News24 News24/TopStories/rss https://ift.tt/oMwK20s

While the ANC and GOOD in the Western Cape are still getting their political house in order, the DA has thrown its weight behind incumbent Premier Alan Winde to stay in his post. from News24 News24/TopStories/rss https://ift.tt/ycYC0Lz

A 43-year-old man who raped his 12-year-old niece in 2017, but was never arrested after the mother did not open a case, has just been handed life imprisonment. from News24 news24/topstories/rss https://ift.tt/TqBIGmf

Springbok lock RG Snyman has two prominent scars on his left knee to serve as a reminder of the path he's taken. from News24 News24/TopStories/rss https://ift.tt/TeSjHY2

The Free State Department of Education is investigating allegations of racism, bullying, and assault at Welkom Technical High School following claims that a teacher failed to intervene during a fight. from News24 news24/topstories/rss https://ift.tt/pXhRfFz

Public Works and Infrastructure Minister Sihle Zikalala ruled out a legal battle with the City of Cape Town because of the homeless living around the grounds of the Castle of Good Hope, which is one of the oldest buildings in the city. from News24 news24/TopStories/rss https://ift.tt/1RhKe2o

The injuries a Cape Town man said he sustained while trying save his girlfriend's life when he saw her on fire, were noted as "minor" when he sought treatment at hospital, the Western Cape High Court has heard. from News24 news24/TopStories/rss https://ift.tt/gVaLfOQ

The Rugby World Cup gets underway on Friday when France take on three-time champions New Zealand at the Stade de France in what could be a dress rehearsal for the final back in the same arena on 28 October. from News24 News24/TopStories/rss https://ift.tt/UdIeMh2