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Disgraced former Steinhoff CEO, Markus Jooste, has been fined R122-million for insider trading. Jooste has 30 days from the time the invoice is issued to pay the fine. The invoice is expected to be issued next week.

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By Smile Staff Reporter
Smile Staff Reporter
Smile Staff Reporter

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The petrol price is expected to drop by between 24 and 27 cents per litre next week. According to the latest estimate from the Central Energy Fund, 95 petrol is on track for a cut of around 27c a litre, while 93 petrol could be lowered by 24c. Diesel prices could be cut by around 11c.
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Former Bosasa COO Angelo Agrizzi has been granted bail by the Johannesburg High Court. Agrizzi was jailed on 14 October after his bail application in the Palm Ridge Magistrate’s Court failed. He faces charges of fraud and corruption.

SASSA Moves to End ‘Unlawful’ Queue Selling Practice

Smile Staff Reporter -
 The South African Social Security Agency (SASSA) has intensified its warning against the illegal sale of queue positions at its offices, vowing a crackdown...

WATCH: Ramaphosa Defends BEE Laws as Elon Musk Fires Back

Smile Staff Reporter -
 President Cyril Ramaphosa has defended South Africa’s Black Economic Empowerment (BEE) legislation, insisting it is aimed at correcting historical injustices, not promoting racism, as...

Mixed reaction as Ramaphosa defends Roelf Meyer’s appointment as US ambassador

Smile Staff Reporter -
  President Cyril Ramaphosa has defended his decision to appoint veteran politician Roelf Meyer as South Africa’s new ambassador to the United States, amid mixed...
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