EXPLOREMY LIBRARY
Business & Finance
City Press

City Press

7/5/2020

City Press is a Sunday newspaper founded in 1982 in Johannesburg, South Africa. It is an agenda setting publication, which specialises in politics, investigations, football, and leading opinion and business pages.

Country:
South Africa
Language:
English
Publisher:
Media 24 Ltd
Frequency:
Weekly
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52 Issues

in this issue

1 min.
why anc reinstated two linked to vbs

‘ANCWON’TGETMANYVOTES AROUNDHERE’ A backlash wave has been unleashed since the ANC announced that it would reinstate two of its Limpopo officials who were implicated in the VBS Mutual Bank scandal. ANC provincial deputy chairperson Florence Radzilani and treasurer Danny Msiza stepped aside two years ago but were this week told by the party that they would be reinstated after organisational consultations. City Press has since learnt that the argument that several ANC leaders previously implicated in scandals were allowed to keep their positions won the day at its national executive committee meeting. Sympathisers of the Limpopo officials pointed to the likes of Fikile Mbalula, Andile Lungisa and Mike Mabuyakhulu.…

7 min.
anc warns sabc on job cuts

The ANC this week allegedly warned the SABC that its decision to lay off employees would embarrass the governing party and could cost it votes during local elections next year. City Press has reliably learnt from various sources that the cash-strapped public broadcaster’s bosses met with party bosses at the ANC’s Luthuli House headquarters and were quizzed about the plan to retrench 600 full-time employees and terminate the contracts of 1 200 freelance staff. This is the second time in fewer than 24 months that the SABC’s attempt to cut its wage bill is running into political resistance. Last year’s attempt to lay off 981 employees was abandoned after massive criticism from labour and governing party figures. Earlier this year, the SABC got a government bailout with the condition to cut costs, but…

3 min.
‘anc won’t get many votes around here’

Prominent Limpopo traditional leader Chief Livhuwani Matsila believes that the reinstatement of two powerful ANC officials by the party’s national executive committee (NEC) was an insult to the people of Vhembe. Reacting to the NEC’s move to reinstate provincial treasurer Danny Msiza and deputy chair Florence Radzilani to their positions after almost two years on suspension, Chief Matsila said the “decision shows that they do not care about the plight of our people”. “Families are running short of food. We are hard at work, without the support of government, trying to provide them with necessities,” he said. He said the ANC should have not made this “unpopular” decision, but instead could try to develop a programme where senior citizens who lost their money could be assisted. Chief Matsila said that the sentiment on the…

6 min.
u-turn why the anc reinstated pair implicated in vbs scandal

The fact that several ANC leaders have been implicated in wrongdoing but still retained their political office was one of the main debating points in the party’s national executive committee (NEC) meeting last weekend, which led it to reinstate Limpopo leaders implicated in the VBS Mutual Bank looting scandal. Speaking on the outcome of the heated virtual discussion that lasted from Saturday to Sunday, supporters of the incriminated Limpopo officials – deputy chairperson Florence Radzilani and treasurer Danny Msiza – told City Press that at least five other prominent ANC and government representatives were facing allegations of committing misdemeanours, and some had even been convicted but had not been deposed from office. At a media briefing on Wednesday, ANC secretary-general Ace Magashule announced that the NEC had received the report from the…

1 min.
is there a story that needs to be heard?

Let us know. Send an email to tipoff@citypress.co.za SUBSCRIBE TO CITY PRESS IF YOU HAVE ANY PROBLEMS AROUND THE HOME DELIVERY OF YOUR NEWSPAPER OR WANT TO SUBSCRIBE, THE DETAILS BELOW WILL HELP CONTACT CENTRE NUMBER: 0861 248 977 087 353 1300 EMAIL ADDRESS: subscribers@citypress.co.za NEW SUBSCRIBERS SMS LINE: SMS “SUBS” to 32368 SUBSCRIPTIONS WHATSAPP NUMBER 087 353 1333 Subscribe (retailers) • On The Dot Retail contact number: 0861 888 989 • On the Dot retail email address: assistance@onthedot.co.za PRESS COUNCIL City Press subscribes to the Code of Ethics and Conduct for South African Print and Online Media that prescribes news that is truthful, accurate, fair and balanced. If we don’t live up to the Code, please contact the Public Advocate at 011 484 3612, fax: 011 484 3619. You can also contact our Case Officer on khanyim@ombudsman.org.za or lodge a…

3 min.
black coffee gets sars in a froth

World-renowned South African musician Nkosinathi “DJ Black Coffee” Maphumulo is the latest Mzansi celebrity to land up in trouble with the taxman. According to legal papers submitted by the award-winning record producer at the Johannesburg High Court recently, the 44-year-old, who is known for his sold-out shows across South Africa and internationally, may owe the SA Revenue Service (Sars) millions of rands. In court papers, he wrote that he was “being assessed to pay arrear income tax in the amount of R40 million by Sars”, but was able to negotiate his indebtedness to Sars “to an amount of R8 million, after making representation on my present financial position and inability to comply with R40 million assessment”. He also said he had reached an agreement with Sars to dispose of his immovable properties to…