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Payment administrator IntelliMali coughs up the ‘lost’ R818k misappropriated by NSFAS

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Payment administrator IntelliMali has reimbursed Walter Sisulu University (WSU) the full amount misappropriated by NSFAS “student millionaire” Sibongile Mani out of its own pocket. IntelliMali has also roped in the services of a forensic investigator to probe how the R14-million ended up in the account of one student. The company responsible for administering state loans..
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Public protector vows to ‘set the record straight’ on Reserve Bank allegations.

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Public protector Busisiwe Mkhwebane will file court papers to “set the record straight” in response to an affidavit submitted by the South African Reserve Bank (Sarb) on Monday which alleges Mkhwebane plotted with the presidency and the State Security Agency (SSA) to change the constitutional mandate of the bank. Cleopatra Mosana, the spokesperson for the..
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Unemployment fund’s assets currently valued at R110bn – Hopefully the government will keep their hands off

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The Unemployment Insurance Fund (UIF) currently has assets valued at R110-billion‚ Labour Minister Mildred Oliphant disclosed on Monday. In a written reply to a parliamentary question by Democratic Alliance labour spokesman Michael Bagraim‚ Oliphant said that while the projected monthly contributions from September 1 2017 to August 31 2018 were expected to total R1.58-million‚ the..
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Squabbles dim DA’s hope of 2019 win

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Worsening relations between the Democratic Alliance and smaller opposition parties are threatening the party’s hopes of assuming power nationally in 2019 by forming a coalition government. On Tuesday, when the DA brought a motion to dissolve Parliament, its opposition allies would not support it. The smaller opposition parties accused the DA of being arrogant for..
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Should you join Russia’s gold rush?

… gets tough, the gold price gets going. … ounce on Friday. Bubbling geopolitical tensions do not just affect the price of gold … generous dividends. Highland Gold exemplifies this trend. … of the South African mining community. Midas verdict: Gold exploration …
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Australia 23-23 South Africa

… an enthralling 23-23 draw with South Africa in Saturday night’s … their beloved franchise. The Wallabies’ gold was scarce, with only … brilliant grubber kick and an ounce of luck. Kriel dribbled … after the final siren as South Africa pushed for victory. Even …
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