The rand has briefly touched R14,80/US$ after the constitutional court ruled that President Jacob Zuma must pay back a portion of the money spent on security upgrades at Nkandla. At the time the ruling was concluded at around 11am on Thursday, the rand
The constitutional court has found that President Jacob Zuma acted inconsistently with the constitution when he failed to comply with the public protector’s remedial action on the
The Public Protector’s remedial action against President Jacob Zuma over the upgrades to his Nkandla home were binding, the constitutional court said on Thursday. “The remedial action taken against
Communications regulator Icasa has conducted spot inspections of the retail outlets of South Africa’s mobile network operators and found that two-thirds of them don’t comply with regulations. According to Icasa, the inspections were conducted in
A little more than a month after the constitutional court heard arguments in the Economic Freedom Fighters’ and Democratic Alliance’s application for an order that President Jacob Zuma repay some of the R246m spent on his Nkandla home, the court
When Anonymous declared “total war” on Donald Trump in early March, the hacktivist group set a countdown clock, calling on “everyone to target Trump websites” on 1 April. But that may not have been its real objective. Regardless of what, if anything
It’s official. The Johannesburg Stock Exchange is no longer the only game in town. ZAR X announced on Wednesday that the Financial Services Board has granted it a stock exchange licence that enables the company to operate as such, providing a
As government drags its heels on formulating a policy on so-called high-demand spectrum – the radio frequencies that can be used to deliver next-generation mobile broadband networks
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The rand has broken the R15/US$ ceiling on Wednesday after US Fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. “A need for caution is all it took from Janet Yellen in a speech
