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'Fragile economy can't afford more strikes'


‘Fragile economy can’t afford more strikes’ - analysts
By Siphelele Dludla
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THE LOOMING strike season over the impasse in the public sector wage negotiations could have the potential to derail South Africa’s expected economic recovery this year.
This week, analysts warned that strikes could override the gains made since the easing of lockdown restrictions and the vaccination rollout.
NFB Private Wealth Management managing director Andrew Duvenage said the strike season, with wage negotiations in full swing, could be the biggest risk to investor confidence and into this year s fragile economic recovery. The year was bringing other complexities that could be far worse than previous years. ....

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Public sector workers told to prepare to strike over govt's 'absurd' wage proposal

Public sector workers told to prepare to strike over govt's 'absurd' wage proposal
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

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I was shocked by these wild allegations made by Sexwale – State Security minister


I was shocked by these wild allegations made by Sexwale – State Security minister
By Ntombi Nkosi
State Security Deputy Minister Zizi Kodwa insists ANC veteran Tokyo Sexwale has been scammed.
Sexwale made shocking revelations this week when he gave a detailed account of his reasons to open a criminal case with the Hawks against undisclosed individuals linked to the South African Reserve Bank (SARB) who allegedly stole billions of rand of donor funds belonging to an unknown oligarch reportedly based in Singapore.
Finance Minister Tito Mboweni and SA Reserve Bank (Sarb) governor Lesetja Kganyago said such funds don’t exist, saying he was scammed. ....

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Heritage Fund | Sexwale says he's been ignored


Friday 23 April 2021 - 9:33am
eNCA s Masego Rahlaga reports. Courtesy of #DStv403
JOHANNESBURG - The Hawks has confirmed it s investigating a case of fraud in relation to the so-called Heritage Fund.
ANC veteran Tokyo Sexwale has dug in his heels on the authenticity of the fund. ....

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Reserve Bank's Unathi Kamlana named commissioner of financial sector regulator


iStock
Top Reserve Bank official Unathi Kamlana has been named the new commissioner of market regulator the Financial Sector Conduct Authority (FSCA). 
His term will last for five years. 
Finance Minister Tito Mboweni made the announcement on Thursday.
Kamlana is currently the head of the department responsible for policy, statistics, and industry support at the Prudential Authority of the South African Reserve Bank.
According to the ministry, Kamlana worked extensively on implementing the Twin Peaks reforms from 2011 to 2018, having been part of the original team that proposed the new and tougher system for regulating the financial sector .
He is expected to commence his new role on June 1.  ....

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