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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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.

Residents urged to save water as Cape Town dams sit at 78,1%

Smile Staff Reporter -
 The City of Cape Town is encouraging residents to continue using water wisely, despite dam levels standing at 78,1%. As of Monday, 3 August 2026,...

Kusile corruption case: Two plead guilty, will testify against former Eskom-execs

Smile Staff Reporter -
 British businessman Michael Lomas and businessman Hudson Kgomoeswana have been convicted after entering guilty pleas in the long-running corruption case linked to Eskom's Kusile...

Madlanga report calls for criminal probes against Sibiya, 3 others

Smile Staff Reporter -
 President Cyril Ramaphosa has noted the recommendations and referrals contained in the second interim report of the Madlanga Commission of Inquiry, which include calls...