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Fri, 21 Jul 2017
Zuma to speak at Albert Luthuli commemoration

The 50th anniversary of the death of Nobel Peace Prize Laureate Albert Luthuli will be commemorated in Groutville, KwaZulu-Natal, on Friday.

President Jacob Zuma is expected to deliver a speech and lay a wreath at the grave, a national heritage site, and unveil the plaque at the newly-built Luthuli memorial.

The ceremony is scheduled to start on the Groutville sports ground at 10:00.

Chief Albert Luthuli died on July 21, 1967. He was struck by a goods train while on his way to his home in Groutville.

Before he was elected ANC president in 1952, the apartheid government stripped Luthuli of his chieftai...

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Fri, 21 Jul 2017
Nelson Mandela University must uphold Madiba’s values – Ramaphosa...

Deputy President Cyril Ramaphosa says the newly launched Nelson Mandela University must strive to uphold all the values the icon it is named after stood for‚ including non-racialism‚ non-sexism‚ honesty‚ truth and integrity.

Ramaphosa delivered the keynote address at the university’s official renaming ceremony at its Missionvale Campus on Thursday.

“This university is situated in a society and continent still ravaged by three burdens...

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Fri, 21 Jul 2017
Bitcoin prices back to near record highs after new mechanism to improve usa...

Bitcoin backers celebrated as the community embraced a new mechanism to improve usage and allow it to scale, boosting confidence in the virtual currency and sending prices back near record highs.

The community, which had been split on how best to make the cryptocurrency more managea...

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Fri, 21 Jul 2017
Reserve Bank announces surprise interest rate cut

South African Reserve Bank governor, Lesetja Kganyago, has announced that the Monetary Policy Committee will cut the country’s national interest rates.

Following the cut, the repo rate is now 6.75% and the prime lending rate is 10.25%.

Kganyago said the decision was made ...

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