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News24
News24
2 days ago 6:23
Controversial
South Africa Corruption Prasa +6 more
Topics 9

PRASA refurb deal: YNF Engineering received R970m amid corruption allegations, legal threats

PRASA refurb deal: YNF Engineering received R970m amid corruption allegations, legal threats
  • PRASA's R7.5 billion general overhaul contract aims to restore train services across South Africa's economic nodes, particularly in Gauteng, KwaZulu-Natal, and the Western Cape, where the rail network has deteriorated significantly since 2018.
  • YNF Engineering, one of seven contractors on the project, received R970 million or more than 40% of the R4 billion spent to date, making it the largest beneficiary of the contract expenditure.
  • A draft Weber Wentzel law firm report cited in the investigation alleges YNF officials engaged in corruption, bribery of PRASA employees, invoicing for work not completed, and fraudulent practices to secure preferential contract treatment.

“You are not going to write any story about this. I'm going to sue you if you're going to lie about us, lie about our business which going to cost us revenue.”

— Jade Orin, Managing Director, YNF Engineering
News24
News24
2 days ago 8:46:03
Heated
Kat Matlala Parliament Saps +8 more
Topics 11

Brown Makoti Testifies Before Ad Hoc Committee on SAPS Corruption Allegations

Brown Makoti Testifies Before Ad Hoc Committee on SAPS Corruption Allegations
  • Makoti claims he has been a crime intelligence contact agent since 2009, registered in 2001 as an informant and dregistered in 2001, then re-registered as a contact agent in 2009, though no formal documentation exists in any crime intelligence database.
  • He alleges Lieutenant General Thabo Mununazi worked with the CIA to protect Israeli coal interests at Richards Bay, was involved in unlawful dismissals and arrests, and that all his suspects are killed in police encounters rather than receiving fair trials.
  • Makoti testified he traveled to Kenya in September 2024 to meet a source about CIA allegations, claiming he paid for the trip partly from his own pocket, though later admitting someone else paid 5,000 rand and traveled with him, but refusing to disclose either person's identity.

“I'm a small businessman doing catering, food production, and operating liquor outlets. As a crime intelligence contact agent since 2009, I obtained information and gave it to my handler, who reported to higher authorities.”

— Brown Makoti, alleged crime intelligence contact agent
News24
News24
2 days ago 34:15
Informative
Cape Town Investment Emerging Markets +11 more
Topics 14

V&A Waterfront chief tackles tourism growth; government eyes digital transformation

V&A Waterfront chief tackles tourism growth; government eyes digital transformation
  • Graeme Wood becomes CEO of V&A Waterfront after 17 years under David Green, inheriting approved municipal planning rights for 400,000 additional square metres of development at the property.
  • The V&A Waterfront is increasing its exposure to operational income through hotel ownership, including the refurbished Table Bay Hotel under Sun International management and the addition of a 140-room boutique luxury hotel called The Addition Hotel launching mid-2025.
  • Access to the V&A remains a critical constraint, with discussions underway about recreating the 2010 World Cup fan walk and improving pedestrian links from the city bowl, while rail capacity needs to increase from current usage to historical levels of approximately 600,000 daily commuters.

“The success of the V&A Waterfront has been directly related to the success and growth of domestic and international tourism into the city. It's all got to be hinged off a growth in inbound tourism and domestic tourism, and a fundamental role that I've got to play is to help the city of Cape Town, the Western Cape province and SA tourism to help continue improve and grow the tourism industry.”

— Graeme Wood, CEO of V&A Waterfront
News24
News24
2 days ago 4:35:10
Controversial
Parliament Kzn Saps +7 more
Topics 10

Crime Intelligence head Dumisani Khumalo defends PKT operations amid cartel infiltration allegations

Crime Intelligence head Dumisani Khumalo defends PKT operations amid cartel infiltration allegations
  • General Khumalo testified that the PKT was legally operational until March 2025, citing signed budget commitment documents and extension approval with the deputy national commissioner's signature, contradicting claims by Minister Bheki Cele and General Fannie Masemola that its mandate expired in 2022.
  • Khumalo presented evidence of communication exchanges between Brown Modi and Vusi Matlala regarding arrests and operations, which he characterised as coincidental timing with the December 6, 2024 operation against drug kingpin Thabo Mthembu, but he acknowledged lacking direct evidence linking Minister Munu to cartel involvement despite circumstantial suspicions.
  • Khumalo confirmed that approximately 35 SAPS members in KZN had been arrested as part of investigations into cartel links, with some convicted, but clarified that his statement about 'almost the entire SAPS' working for cartels was hyperbolic and reflected broader threat assessments rather than verified numbers.

“The statement for now as I uttered it yesterday it's related to the threat at a broader sense to say the operation was affected by the fact that whatever that the team is planning will find its way to the targets or to the persons of interest.”

— General Dumisani Khumalo, head of Crime Intelligence
News24
News24
2 days ago 7:07
Controversial
State Capture Corruption Ekurhuleni +6 more
Topics 9 Entities 3

Zagane Matlala secures R3.7m Ekurhuleni tender days after taking control of shell company

Zagane Matlala secures R3.7m Ekurhuleni tender days after taking control of shell company
  • Zagane Matlala took control of Bonavista Learning Academy, a former restaurant, only 10 days before the bid submission deadline for a three-year skills development contract with Ekurhuleni.
  • The tender required submission of three years of financial statements and proof of prior training experience, requirements difficult to meet given Matlala's recent control of a company with no training history.
  • According to the city, Matlala's company trained approximately 1,500 Ekurhuleni employees in skills ranging from operating graders and TLBs to painting roads.

“She took this entity which really had no footprint and used to be a restaurant and turn it into a training academy and within weeks go on to score major government tenders.”

— Jeff Wixs, News24 investigations journalist
News24
News24
2 days ago 21:09
Controversial
Johannesburg High Court Crime Saps +7 more
Topics 10 Entities 4

Cat Matlala's wife Takane wins R3.7m city training tender via shell company restructured days before bid

Cat Matlala's wife Takane wins R3.7m city training tender via shell company restructured days before bid
  • Bonav Vista Learning Academy was registered as Moko Grill restaurant and operated under that name until weeks before the tender bid window closed in 2023.
  • Takane Matlala became sole director of the entity and changed its name and address from Bloomfontein to the family mansion in Midstream Estate shortly before winning the contract.
  • The R3.7 million three-year tender requires bidders to submit three years of financial statements and experience documentation, which would not reflect the newly created learning academy's credentials under its legitimate restaurant history.

“The inescapable conclusion is that the process around the award of this tender requires some scrutiny because if she was able to win it based on the fact that she was only in control of this entity for mere weeks before she bid that points to issues with the system.”

— Jeff Wixs, investigative journalist
News24
News24
3 days ago 4:04
Uplifting
Cape Town Small Business Disability Inclusion +5 more
Topics 8 Entities 7

Cape Town kota vendor Meli Gingqini builds business despite speech disability

Cape Town kota vendor Meli Gingqini builds business despite speech disability
  • Meli Gingqini, a kota vendor in Cape Town, went viral after a content creator posted an unscripted video featuring him, resulting in a sold-out crowd within two hours of the video gaining traction.
  • Gingqini has a speech stutter and started his kota business to demonstrate to others with disabilities that entrepreneurship is achievable despite facing discrimination in traditional employment.
  • Gingqini deliberately chose to prepare kotas with minimal ingredients like fries and meat due to operating constraints in his area, including lack of water and power.

“I didn't think it would blow up that much cuz I was just making a video. I was hoping to get in some customers. I didn't think I getting almost the whole of Cape Town.”

— Content creator
News24
News24
3 days ago 10:19
Uplifting
Entrepreneurship South Africa Ocean Basket +7 more
Topics 10 Entities 6

Ocean Basket CEO Grace Harding on global expansion and post-Covid reinvention strategy

Ocean Basket CEO Grace Harding on global expansion and post-Covid reinvention strategy
  • Ocean Basket closed nearly 20 restaurants in South Africa between 2021 and 2024 as Covid-19 highlighted underlying business health issues, but achieved 14% growth in the last year despite fewer outlets and challenging economic conditions.
  • The company operates nine restaurants in Cyprus with plans for 16, and has expanded beyond sit-down casual dining into dark kitchens, takeaway formats, and five distinct business models to provide affordable seafood across multiple channels.
  • International operations now span over 23 sourcing countries, with presence in Cyprus, Malta, Dubai, Abu Dhabi, Saudi Arabia, Qatar, Kazakhstan, Zimbabwe, Kenya, and Namibia, generating significant revenue such as 3 million rand monthly at the Namibia outlet without alcohol sales.

“Post-Covid we knew was going to be a complex time and reflecting now it was definitely the dark transition to the next rebirth. Between 2021 and 2024 end of 24 we closed nearly 20 restaurants in South Africa, but we grew last year by 14% which is incredible in the economic conditions with fewer restaurants and many more customers.”

— Grace Harding, Chief Executive, Ocean Basket
News24
News24
3 days ago 4:02
Uplifting

Mannenburg community transforms neighbourhood through arts and culture event

Mannenburg community transforms neighbourhood through arts and culture event
  • AIM Society's annual event included soccer tournament, pageant, and live performances in Mannenburg.
  • Organisers stressed community self-determination and internal empowerment rather than waiting for government intervention.
  • Artists and community members aim to reshape Mannenburg's public perception beyond stereotypes of gangsterism and drugs.

“It's a moment for us to not wait on government. It's not waiting for anyone to really own our spaces. I believe the way people rise is from within.”

— Community organiser
News24
News24
3 days ago 10:02
Informative
State Capture Corruption Cat Matlala +7 more
Topics 10

News24 reveals Cat Matlala's failed R70m airport lounge scheme with Nedbank

News24 reveals Cat Matlala's failed R70m airport lounge scheme with Nedbank
  • Matlala sought R70 million annually from Nedbank for a VIP airport lounge that would have provided him unrestricted access to both landside and airside areas of O.R. Tambo International Airport, including the tarmac.
  • The pitch document falsely claimed Matlala had experience in catering, event management at Montecasino, and running restaurants including one called 'Breakfast, Lunch and Dinner,' none of which could be verified by News24's investigation.
  • Nedbank proceeded with meetings and site visits regarding the deal months after News24 had already published investigations linking Matlala to dubious hospital tenders and illegal use of blue lights, raising questions about the bank's due diligence.

“Imagine a scenario now where Cat Matlala is in charge of security screenings and customs controls at one of the nation's most sensitive key points. He's currently framed as someone deeply entrenched in the criminal underworld, facing a raft of criminal charges, and according to former police commissioner Khaya Sitole's allegations, he's central to the capture of the police.”

— Jeff Wixs, investigative journalist, News24
News24
News24
3 days ago 23:12
Controversial
Anc South Africa Governance +7 more
Topics 10

South Africa needs to elect ministers directly, not rely on party appointments, hosts argue

South Africa needs to elect ministers directly, not rely on party appointments, hosts argue
  • South Africa faces a water crisis in some regions despite dams at capacity and flooding elsewhere, caused by infrastructure failure, leakage, and non-payment culture rather than shortage.
  • Ministers are appointed based on political friendliness and lack of subject knowledge rather than competence, creating an ecosystem where ignorance protects itself from expert scrutiny.
  • The hosts propose changing the electoral system to directly elect ministers for each of 20 portfolios, who would then elect the president and executive, rather than the current party-based system.

“The less they know about the topic, the more likely you are to get appointed.”

— Mark (co-host)
News24
News24
4 days ago 43:34
Informative

Gold prices surge past $5,000 as mining sector reports strong profits

Gold prices surge past $5,000 as mining sector reports strong profits
  • Gold price sustained above $5,000 driven by inflation expectations, geopolitical instability, and central bank demand
  • Goldfields tripled profits but share price fell due to higher-than-expected costs from royalties and currency pressures
  • Mining sector costs rising: royalties up 5% in 2026 forecast, stronger producer currencies increasing unit costs

“If you look at where the gold price is today, it's really a function of heightened expectations of where inflation is directed, concerns about geopolitical instability, and central banks buying gold as part of diverting their reserves away from the US dollar.”

— Mike Fraser, Goldfields CEO

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