billion Archives - Voice of the Cape

Malusi Booi, Former CT Mayco Member arrested in connection with tenders worth over R1 billion.

By Vusuthando Percyvil Dube Malusi Booi, the former member of Cape Town's Mayoral Committee for Human Settlements, was arrested on Monday at his home in the Eastern Cape, as part of a significant investigation into fraud, money laundering, and racketeering involving nine co-accused. The developments were revealed during a bail hearing at the Cape Town Magistrate Court on Wednesday. The charge sheet outlined allegations that Booi collaborated with notorious underworld […]

13 September 2024

International

World population hits eight billion

INTERNATIONAL The world’s population has reached eight billion people, the United Nations has said, warning of more hardship in store for regions already facing resource scarcity because of climate change. Reaching eight billion people is “a sign of human success, but it’s also a great risk for our future,” said John Wilmoth, the director of the UN’s population division on Tuesday. Middle-income countries, mainly in Asia, accounted for most of […]

15 November 2022

International

China, Saudi Arabia assure Pakistan of $13 billion in funding amid ongoing crises

China and Saudi Arabia have guaranteed $13 billion in funding to Pakistan as it continues to struggle with economic and environmental crises. According to the newspaper Dawn, Pakistani Finance Minister Ishaq Dar told reporters that China said it will provide $4 billion worth of sovereign loans to the country, as well as refinancing a further $3.3 billion in commercial bank borrowings and increasing currency swaps by up to $1.45 billion. That […]

6 November 2022

billion

Malusi Booi, Former CT Mayco Member arrested in connection with tenders worth over R1 billion.

World population hits eight billion

China, Saudi Arabia assure Pakistan of $13 billion in funding amid ongoing crises

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