Monday, 17 August 2026

Vusumuzi Kat Matlala told the Matlanga Commission he borrowed R15 million from businessman Suleiman Karim to fund his Medicare 24 SAPS contract, with a 10% share of the payout, ahead of his tender-fraud trial next month.

The ANC wants Parliament’s Joint Ethics Committee to investigate DA finance chair Mark Burke over claims his company Castello used clients’ exchange allowances to move about R4 billion offshore, and wants him removed from the finance committee.

SPAR’s chair Mike Bosman and deputy chair Shirley Zinn resigned after what they described as sustained personal attacks, with the business blamed for years of losses, failed offshore expansion and worsening pressure from franchisees.

Reserve Bank plans to clear over-the-counter derivatives through a central system by 2028, a move Treasury One’s Andre Saliers said should cut counterparty risk and make the market safer and more active.

Adrian Gore said his new book, The Four Principles, is built on disciplined optimism, focused urgency and the idea that a small number of “tail” decisions drive most impact in life and leadership.