TSHIFHIWA Matodzi, the key figure behind the $130 million VBS Mutual Bank scandal that rocked South Africa, has been sentenced to 15 years in prison. Matodzi, the former chairperson of VBS Mutual Bank, pled guilty to 33 charges, including corruption, theft, fraud, money laundering, and racketeering. Although he received a combined sentence …
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THE automotive market in South Africa is at a crossroads marked by high prices affecting both consumers and car manufacturers. Factors such as the depreciation of the rand, increased production costs, and rising fuel prices have significantly contributed to this complex situation. According to TransUnion’s latest Vehicle Price Index (VPI), the costs …
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THE Nigerian Union in South Africa (NUSA) has called for a thorough investigation into the killing of a 43-year-old Nigerian national, Prince Ebuka, in Danielskuil, Northern Cape. Newsextra24 recalls that the tragic event, which occurred on Friday, has sparked outrage among the Nigerian community, with demands for justice and an end to …
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A tragic incident unfolded in George, a coastal city in South Africa, where a multi-storey building under construction collapsed on Monday, leaving approximately 48 workers trapped beneath the debris. Newsextra24 reports that city officials disclosed that the collapse occurred while 70 workers were present on the site. A spokesperson from the city …
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SOUTH African police have arrested six suspects in connection with the murder of Luke Fleurs, a footballer who was contracted to Johannesburg club, Kaizer Chiefs. Police spokesman, Mavela Masondo (SAPS) said in a statement on Wednesday, April 10, that the 6 suspects were arrested for the alleged “hijacking and murder” of Luke …
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A worship leader identified as Funanani Mbedzi was killed by her husband during the Easter celebration in South Africa. Newsextra24 understands that Mbedezi’ husband carried out the dire act inside a church. According to South African police, the murder suspect entered the church in Makonde Shadani village, outside Thohoyandou, around 6 …
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A recent analysis has highlighted that Nigeria’s minimum wage of N30,000 is the lowest compared to seven other selected African countries. This finding underscores the economic plight of workers in Africa’s largest economy, where the current wage translates to a mere $20 per month at an exchange rate of N1,500 …
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THE Bafana Bafana of South Africa finished third in the 2023 AFCON after defeating DR Congo in the third-place match on Saturday, February 10, 2024. Recall that the Super Eagles of Nigeria ended South Africa’s dream of winning the 2023 AFCON in the semi-final stage of the tournament on Wednesday, …
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South African attorneys, inspired by an ongoing case at the International Court of Justice, gear up to sue the US and UK for alleged complicity in Israeli war crimes. Attorney Wikus Van Rensburg emphasises the need to hold the US accountable, stating, ‘The United States must now be held accountable …
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President Cyril Ramaphosa commends South Africa’s legal team for their impressive arguments at the International Court of Justice against Israel, seeking justice for Gaza IN a moment of national pride, President Cyril Ramaphosa lauded South Africa’s legal team for their stellar performance at the International Court of Justice (ICJ) as …
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