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Ethics Committee investigate Minister Bongo for alleged bribery

Ethics Committee will institute investigations following allegations that State Security Minister Bongani Bongo has allegedly offered Advocate Nthuthuzelo Vanara a bribe to resign. Vanara is as an evidence leader in the inquiry into mismagement of state funds at state-owned enterprises. Media reports indicate that Advocate Vanara submitted an affidavit to the Speaker of the National Assembly after he was offered …

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SADC Alliance calls for speedy elections in Zimbabwe

The SADC Alliance of National Human Rights Institutions and Ombudsman has called for the Zimbabwean government to head to the polls without delay. The Alliance, which met in Tshwane this week, said it has taken note of the positive political developments taking place in Zimbabwe, chief among them, the resignation of former President Robert Mugabe. In a statement released on …

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Repo rate remains unchanged at 6.75%

The Reserve Bank on Thursday kept the repo rate unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said. “The Monetary Policy Committee (MPC) has decided that it would be prudent to maintain the current stance of monetary policy at this stage. Accordingly, the repurchase rate remains unchanged at 6.75% per annum,” he said. The decision made by the …

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