By Kouthar Sambo "The reason why the South African Reserve Bank has decided to increase interest rates, is because they want to dampen the demand in the economy, and this is a very blunt instrument. It is going to be very painful and bad for the economy and going to result in slower economic growth.” This is according to Economist Dawie Roodt, who went on to say that lower interest rates […]
The Constitutional Court has granted Public Protector Busisiwe Mkhwebane direct access to challenge the constitutionality of the personal costs order made against her, her office has said. In February, Mkhwebane was ordered by the North Gauteng High Court in Pretoria to pay 15% of the legal costs of the South African Reserve Bank's challenge to her Absa/Bankorp report. The report was set aside by the court, as well as her […]
VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.
