JSE suspends MTN trade

The suspension of MTN trade followed a report by Nigerian newspaper, Vanguard, on Monday morning claimed the telecoms giant had “bowed to pressure” and agreed to pay the full $5.2-billion fine levelled against it by the Nigerian Communications Commission last week. Industry insiders, however, say the report is incorrect and that the amount payable was … More JSE suspends MTN trade

Johannesburg – A man employed at a bottle store in Lewisham, Krugersdorp, said he asked Khulekani Mpanza what the police activity a few metres behind him was all about moments before Mpanza was shot dead. Thapelo Segatso said Mpanza was walking very fast on foot in the opposite direction of where police were searching a … More

South African Police Who shot suspect dead surrender

JOHANNESBURG Nov 2 (Reuters) – South African police officers who killed a suspected robber by shooting him in the head as he lay on the ground handed themselves in on Monday after a surveillance video of the act was broadcast, the police said. The footage released over the weekend by The Sunday Times newspaper shows … More South African Police Who shot suspect dead surrender

Prosecutor to appeal Oscar pistorius released

Pretoria – Oscar Pistorius has hunkered down under house arrest, but South African state prosecutors will on Tuesday appeal in court for a murder conviction that would send him back to jail for years. The disgraced Paralympic sprinter was found guilty last year of culpable homicide after shooting dead his girlfriend Reeva Steenkamp. He was … More Prosecutor to appeal Oscar pistorius released

Nigeria’s refineries only worked at 1.96 per cent capacity in September

Nigeria’s public refineries only worked at a combined capacity utilisation of 1.96 per cent in September, an official document has stated. This is contrary to the claims, in the early days of the President Muhammadu Buhari administration, by Nigerian oil officials that the refineries were close to working at maximum capacity. According to PREMIUM TIME … More Nigeria’s refineries only worked at 1.96 per cent capacity in September