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South Africa

Liquidation bid against Ithala may be withdrawn

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KwaZulu-Natal Premier Thamsanqa Ntuli has welcomed the possible withdrawal by the Prudential Authority (PA) and the Repayment Administrator, Johan Kruger, of their court application seeking the liquidation of Ithala SOC Limited and Ithala Bank.

Weather outlook: 16 February - 22 February

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The South African Weather Service (SAWS) has advised that on Monday the country will experience partly cloudy, warm-to-hot conditions over the western interior, with isolated to scattered showers and thundershowers possible from the afternoon.

Eskom powers on

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Eskom has continued to sustain positive momentum, as the power utility marked more than 270 days without load shedding.

Mkhondo municipality fuel tender faces scrutiny

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The Special Investigating Unit (SIU) will investigate allegations of maladministration and irregular expenditure in relation to a fuel supply tender at the Mkhondo Local Municipality in Mpumalanga.

Presidential Golf Challenge proceeds to boost education

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Proceeds from this year’s Presidential Golf Challenge will support 622 adopted schools and contribute to improving education infrastructure, President Cyril Ramaphosa said on Friday, as he teed off at the annual fundraising event.