Fed, BoE probe banks’exposure to trading firms after Jane Street loss

The US and UK central banks have asked global banks about their exposures to large trading firms after turmoil at a hedge fund caused large losses at proprietary trading firm

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Rand relatively steady ahead of SARB rate decision

Markets are finding firmer footing as greater clarity around the US Federal Reserve’s rate path boosts investor confidence. The picture for the rand is slightly more challenging with higher US

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Businessman Mudzinganyama hands himself over, released on warning

Deputy National Police Commissioner Tebello Mosiliki has confirmed that businessman Lawrence Mudzinganyama handed himself over to the Randburg Police Station in Johannesburg and has been released on warning. Mudzinganyama is

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Yen slips as intervention threat persists, dollar steady – SABC News

The Japanese yen weakened on Monday after volatility late last week put traders on alert for possible currency intervention, while a series of rate hikes and hawkish signals from central

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Manhunt launched following Philippi triple murder

Police are searching for suspects in a triple murder at the Phumlani informal settlement in Lingelethu West, Philippi, on the Cape Flats. Three men were shot in a shack on

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Hawks arrest six people for copper cable theft in Plattekloof

Six suspects arrested for the theft of copper cables and malicious damage to property, are expected to appear at the Parow Magistrate’s Court on Monday. Western Cape Hawks’ Spokesperson Siyabulela

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Free State Economic Development Dept funding applications opened

The Free State Department of Economic Development and Tourism has opened applications for its 2026/27 business funding incentives. The programme targets qualifying spaza shops, small and medium enterprises and cooperatives

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SA journalist Micah Reddy reportedly missing in Djibouti

South African journalist Micah Reddy and his local fixer, Kooki Mahmoud, are reportedly missing in Djibouti. Reddy was also the Africa Coordinator for the International Consortium of Investigative Journalists (ICIJ).

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Heroin worth R2m seized at OR Tambo

Police have arrested a 52-year-old man and seized suspected heroin worth more than R2 million at OR Tambo International Airport. The South African national had arrived from Accra, Ghana, when

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