South African court authorizes freezing of US0 million in McKinsey case – source:
South African court authorizes freezing of US0 million in McKinsey case – source:
A South African court has authorized the freezing of 1.6 billion rand in assets earned by global consultancy McKinsey and a firm linked to friends of President Jacob Zuma, a source at the state prosecutors' office told Reuters. The logo of consulting firm McKinsey + Company is seen at an office building in Zurich, Switzerland September 22, 2016.
Protesters Trash South African H&M Stores Over Racist Ad:
Clothing retail chain H&M temporarily closed several of its South African stores this weekend after protests erupted over a racist image on the Swedish company's website. Clothing retail chain H&M temporarily closed several of its South African stores this weekend after protests erupted over a racist image on the Swedish company's website.
Woolworths SA flags writedown of David Jones investment:
South Africa's Woolworths Holdings plunged the most in almost two years after South Africa's largest food and clothing retailer said profit will be hurt by a revaluation of its David Jones business in Australia. Earnings per share are expected to be more than 20 per cent lower, in part because of the Australian review, the Cape Town-based company said in a statement on Monday.
.com | Farm worker death: ‘Did he kill him because he was black?’:
This was one of the questions Magistrate Abdul Khan said he had to analyse before he made the decision to grant Razovox security company owner, Petrus William Johannes Durant bail of R10 000 on Monday. He was arrested after he allegedly shot and killed farm worker Aron Mutavhatsindi in an open field near the informal settlement of Matshelapad, outside Krugersdorp, west of Johannesburg, on January 6. Durant had worked for the South African Police Service for 13 years and resigned in 1997.
South Africa Political Parties Make Corruption Top 2019 Election Issue:
South Africa's two top political parties began the year by pledging to restore credibility, amid corruption allegations against key leaders. And with next year's elections drawing closer, they are driving home the message that corruption is their main target.
SA fuel prices set to fall again in February:
Johannesburg – South Africa's hard-pressed motorists can look forward to a bit more light relief on the first Wednesday in February, with fuel prices set to drop again, says the Automobile Association. Commenting on mid-month fuel price data released by the Central Energy Fund, the AA attributed the continued positive balance shown by the fund to the unusual but welcome stability of the rand against the US dollar since the last week of December.
Africa dance troupe comes to Lourdes University:
Established in 1994 as an exchange program with the Soweto Dance Theatre of Johannesburg, South Africa, Step Afrika! is a professional dance company based in Washington dedicated to the tradition of stepping. They'll perform Feb. 16 in the Franciscan Center Theater at 8 p.m. The event is part of Lourdes' annual Sibs 'N Kids weekend, where students host their younger family members on campus.
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