Índex per 2024-03-27 a Star

IN A SIGNIFICANT development for South Africa’s financial landscape, the Financial Sector Conduct Authority (FSCA) has approved Jaltech (via its subsidiary Jaltech Digital Asset Holdings) as one of the few investment product providers to receive a crypto asset service provider (CASP) licence. In a statement yesterday, Jaltech said: “The significance of this development is that it grants Jaltech the licence to offer intermediary services for its cryptocurrency investments to open doors for financial advisors, institutional and retail investors to allocate a portion of their portfolio to cryptocurrencies.” Gaurav Nair, a co-founder of Jaltech and head of fund management, said: “We are thrilled to be at the forefront of regulatory innovation in South Africa’s financial sector. “The FSCA’s decision to grant Jaltech the CASP licence reflects a recognition of the…

RENEWABLE industry experts yesterday welcomed Nordex Energy South Africa’s plans to locally manufacture wind turbine concrete tower sections in the Eastern Cape, saying it was a welcome investment boost. A total of 300 jobs will be created within the region. However, the value of the deal was not disclosed. The purpose-built manufacturing facility will be situated in Humansdorp, approximately 1½ hours from the Port of Ngqura, where the remaining turbine components will land. Operations at the manufacturing plant, responsible for producing the 120 metre high towers, are set to commence as early as May, supplying a trio of wind farms totalling an installed capacity of 336MW. David Moncasi Hortet, Nordex Energy South Africa’s head of sales for Africa, said the wind farm cluster would elevate the share of renewable…

NASDAQ-listed Powerfleet, a provider in the Artificial Intelligence of Things (AIoT) Software-as-a-Service (SaaS) sector yesterday attained a secondary listing on the Johannesburg Stock Exchange (JSE) as its merger with MiX Telematics nears completion. “This strategic move aims to harness the robust capital markets in South Africa, propelling Powerfleet’s growth and expanding its global footprint,” the company said in a statement. Powerfleet listed on the Nasdaq in 1999. As part of its expansion move it was in the final stages of completing its business transaction with MiX Telematics, a South African company specialising in fleet and mobile asset management solutions, which was announced in October last year. Steve Towe, Powerfleet’s CEO, said: “The transformative combination positions Powerfleet as a leading, global AIoT SaaS company, setting the stage for accel- erated growth…

AS THE CLIMATE emergency becomes more prevalent in South Africa’s cities, mayors have a unique opportunity to lead a just transition – one that tackles the climate crisis while protecting workers and communities and creating a just society. Cities are at the coalface of the climate emergency, witnessing the harshest impacts on workers and communities. From flooding to heatwaves, crumbling infrastructure, and strained livelihoods, these daily experiences expose the inequalities and vulnerability of millions to climate change impacts. This week, C40 Cities, the Presidential Climate Commission, and the South African Local Government Association convened representatives from South African cities, municipalities, and civil society to explore urban solutions for implementing a just transition and enhancing city resilience. Mayors are uniquely positioned to make a just transition a reality. They lead where…

MASTER Drilling Group lifted headline earnings a share by 15.1% to 267.7 cents after its global operations experienced a profitable year and bene- fited from the past 10 years of capital expenditure. A 52.8c a share dividend was declared, an increase from 47.5c in 2022. Cash from operating activities increased by 42% to $35.5 million (R659bn). The order book ended the year stable at $288.3m, with a healthy project pipeline of $535.3m. The group delivers innovative drilling technologies and mining solutions and services. CEO Danie Pretorius said the company performed resiliently in 2023, increasing revenue by 7.2% to a record of $242.8m (R4.6 billion), despite global market and economic uncertainty. “While profitability faced some pressure, we are grateful for the support of our valued clients and business…

IN A landmark event, Rotary International President Gordon McInally has unveiled a cutting-edge Aquaponics Training Centre in Johannesburg, marking a key milestone in his visionary Tour of Hope. This initiative sweeps across six African nations, bringing sustainable solutions to the forefront of community development and food security. In the heart of Randburg, the newly inaugurated state-of-the-art Aquaponics Centre at the Nederduitsch Hervormde Kerk in Ferndale is set to be a beacon of hope and innovation. This project – a collaboration between Rotary International through District 9400, Southern Africa, and FreshMinistries, the Desmond Tutu Programme to End Global Hunger – is poised to empower communities not just in South Africa, but in eSwatini, Lesotho, and Madagascar with sustainable food sources and economic growth. Leveraging the FreshMinistries Desmond Tutu Programme to End…

Our high-octane politics and political scene resemble a John Le Carré thriller: a multibillionaire commits suicide on a lonely stretch of coastline; a prominent business figure with close ties to the establishment dies in a mysterious bridge crash; the Speaker of Parliament unexpectedly takes special leave from her duties under a cloud; while whistle-blowers are brazenly murdered. From the corridors of political power to the boardroom of multibillion-rand private and public institutions, a multitude of names in our lawless country have lost public favour over the past two decades. Many who sit on thrones are the subject of crime investigations, they commit perjury and lie under oath yet are treated as celebrities. Over the past 20 years, careers have been upended, while the fall from grace has become a tsunami…

Dear Honourable Former President, When we had thought we were defending “our people” to eradicate Islamophobia and genocide against the people of Palestine, Judge Julia Sebutinde, Vice President of the International Court of Justice, adopted the same attitude as you, former president when you said, “who is not our people”. Now I understand why it was your ANC that had allowed the perpetuation of whites-only communities in your so-called liberated South Africa. It is not surprising that it was your ANC that engaged in a campaign to disarm black people while allowing white people to own as many guns as they wished. When your ANC had advocated for a gun-free society we were naïve not to realise that you meant black society. Your ANC allowed secret military training for white…

Kaylin Swart conforms to the norm that “goalkeepers have the loneliest job in football” after her previous misfortunes, but argues that quitting was never an option. It is unusual for coaches to chop and change their starting players before the World Cup, but such are the nerves of steel of Banyana Banyana coach Desiree Ellis that she tore up the script at the global event in Australia and New Zealand last year. Swart ascended to the Banyana No 1 jersey, something that shocked their fans, as Andile Dlamini had held the fort for some time. In her defence, Ellis stressed that Dlamini wasn’t match-fit after a lengthy spell on the sidelines, while Swart offered the team more in build-up play as well. Swart earned her pay cheque for Banyana,…

Proteas Women’s captain Laura Wolvaardt is hoping to shrug off a disappointing tour of Australia when she leads her team into the T20 international series against Sri Lanka starting today at Willowmoore Park in Benoni (6pm start). Although Wolvaardt performed admirably in the T20I series, where she scored 89 runs and averaged 44.5, the skipper was dismal in the ODI format, where she managed just 7 runs and failed in both innings of the one-off Test match against the Aussies. This is unlike Wolvaardt, who has been the Proteas’ premier batter for a while. She is hoping that the glimpse of her capabilities that was on show in the recent Women’s Premier League is a sign of more positive returns against Sri Lanka. “I didn’t have my best series in…

Elroy Gelant is a glass half full kind of guy. Whereas many an athlete would have been left gutted by having missed on out Olympic marathon qualification by a whisker, the veteran runner chose to look on the bright side of things instead. Following the impressive 2:08.56 that he ran at the Sevilla Marathon last month – thus missing out on earning a ticket into Team South Africa for the Paris Games by just 46sec – the Boxer Athletic Club man has gained confidence for the shorter distances. Gelant is therefore eager to produce a lifetime best in the 10km when he runs the season-opening race of the Absa Run Your City series in Gqeberha on April 7. “My goal for the (Gqeberha race) will be to run a sub-28.…

Lyle Lakay is enjoying his football again at SuperSport United, and he’s confident that he’ll reach the targets he has set for himself this season. Two seasons ago, Lakay was the talk of the town after he won the Defender of the Season award while still on the books of serial champions Mamelodi Sundowns. That recognition divided the football fraternity, as some believed that he didn’t deserve it, and some believed he did. But the left back was found wanting last season after the arrival of Terrence Mashego, while Sundowns also had Aubrey Modiba on board. Lakay eventually headed to Cape Town City on loan last season, sparking rumours that he would eventually leave Sundowns this season. And indeed that was the case. The 32-year-old joined Sundowns’ cross-town rivals SuperSport,…

Yesterday S Africa sold as much as R3.9bn of its R2037, R2040 and R2048 bonds SOUTH African fund managers were more inclined towards equities and bond bulls, Bank of America said yesterday in its Fund Manager Survey for March. The survey also indicated that local stocks were currently undervalued. On South African bonds, respondents to the Bank of America survey were confident of “bond bulls this month”, which are likely to be “supportive of above-inflation bond returns”. Yesterday South Africa sold as much as R3.9 billion of its R2037, R2040 and R2048 bonds at an auction. “Some 67% of managers say bonds are undervalued,” the survey report showed. It added that about 69% of surveyed managers were of the view that South African “equities are undervalued” with 73%…

STATISTICS South Africa (StatsSA) yesterday released a first-of-its-kind migration report for the country. The “Migration profile report for South Africa: A country profile 2023” tracked migration and emigration data. It revealed that the highest percentage of migrants coming to South Africa enter for work purposes, followed by students looking for better education and followed by refugee seekers. StatsSA said that most migrants entering the border originated from countries in the Southern African Development Community region. “Labour migration, the movement of individuals across the borders for employment purposes, is a fundamental aspect of the global economy and has profound social, economic, and political implications,” StatsSA said in a statement. The report found that migration data is dominated by the black African population group, with the migration landscape revolving around Gauteng as…

SPAR, THE RETAILER with a market capitalisation of R16.8 billion, posted an 8.8% increase in group turnover for the 24 weeks ended March 15, 2024, prior to Spar entering its financial closed period in respect of the six months ending March 31, 2024. Group turnover was negatively impacted by fluctuations in exchange rates since the group reported turnover for the 20 weeks ended February 16. The macroeconomic environment in its stores operated in South Africa, Ireland, the UK, Switzerland and Poland faced several headwinds, the retailer said. The operating environment in South Africa, which accounts for more than 60% of Spar’s revenue, continued to be challenging. While inflation is back within the South African Reserve Bank’s target range, a combination of 14-year high interest rates, muted gross domestic product…

THIS PAST WEEK major automotive industry players like BMW, Renault and VW have asked the European regulators to push back and delay their ambitious 2035 goal to phase out fuel cars in the European market. Even the US under the Environmental Protection Agency (EPA) has had to loosen their targets to phase out fuel cars due to fierce car industry lobbying efforts. All US automakers are lobbying to block the US government’s EPA new fuel economy rules, asking the government to roll back on its plans to tighten the regulations around developing fuel consumption in all new production line cars. The adoption will take time for carmakers to hammer out their EV strategies, the building of infrastructure and the transition of people adopting lower carbon emitting vehicles. Fossil fuel cars…

THE OFFER to Ascendis Health’s shareholders by a consortium headed by its CEO Carl Neethling has been shaken as its “Independent Board“ to advise shareholders on the fairness of the transaction, was “reconstituted” following a complaint to the Takeover Regulation Panel (TRP). Ascendis’ Independent director Amaresh Chetty had voluntarily resigned from the board. Meanwhile, Chetty has launched legal action to sue its former chairperson and a shareholder, Harry Smit, for alleged defamation, for comments Smit had made about the company and its directors, on the “X” social media platform, formerly known as Twitter. Smit, who in 2022 helped lead a group of activist shareholders and won a seat on the board of the healthcare firm, said in an interview that in the first instance, he did not understand how Chetty…

The panel for the Roast of Minnie Dlamini has been announced and while it does feature people that the media personality considers her friends, they will not be afraid to roast her. The Roast Master helm will be held by not just one comedian, but two comedy heavyweights, Tumi Morake and Jason Goliath. The line-up is a star-studded affair and it includes two acclaimed TV and radio broadcasters who have made headlines at various points in their careers. An award-winning YouTuber, an actor-activist, who is also known for strutting in six-inch heels while wearing a Speedo, and a cut-throat journalist, whose hair is the star of the show, forms part of the panel. They will be joined by a South African rapper who made that one hit about tip toes…

Two men, Gordon Matwetwe Muningi, 50, and Tebogo Thutlwa, 48, have made their first appearance in the Roode- poort Magistrate’s Court on charges of murder, following the murder of a “much-loved” Soweto medical doctor. The pair are accused of killing medical practitioner, Dr Michael Isabelle, who was also called the “people’s doctor” in the Soweto community. The doctor was murdered in Dobsonville, Soweto, on February 27, in a slaying that sent shockwaves through the community. “Three men arrived pretending to be seeking medical attention for their friend,” said Gauteng spokesperson for the National Prosecuting Authority (NPA), Phindi Mjonondwane. “Once inside the consultation room, they attacked Isabelle and a shoot-out ensued. One of the assailants was shot and is said to have later died.” The assailants fled using a vehicle belonging…

ANC SECRETARY-general Fikile Mbalula and his party’s National Executive Committee (NEC) seem to have been caught sleeping on the job after their party lost a crucial court case ahead of the May 29 national elections. The governing party had lodged an application with the Electoral Court seeking for it to deregister breakaway party uMkhonto weSizwe (MK) Party from the ballot in the elections. However, the application was dismissed. The judgment has given credence to the newly formed party, led by former president Jacob Zuma, who will now be allowed to contest the elections. The two parties are also at loggerheads, contesting the right to use the name MK, in a second court challenge that will be delivered in the Pietermaritzburg High Court today. In a scathing ruling by Judge Lebogang…

Motorists planning to travel from Johannesburg to Durban over the Easter holidays should be prepared to spend more on the N3 toll, following a nationwide increase on March 1. The South African National Roads Agency SOC Limited (Sanral) announced the new tariffs last month. Holidaymakers who will be travelling from Johannesburg to Durban will be paying R326.50, which is at least R20 more than before. Sanral general manager for communications and marketing Vusi Mona said toll revenue was vital for maintaining, operating and enhancing toll roads, as well as servicing debt acquired for toll road projects. “The funds go a long way towards ensuring that Sanral fulfils its mandate of delivering quality road infrastructure that adds value to the lives of South African citizens,” he said. The N3 Toll…

MOTORISTS have been urged to abide by the rules of the road by not driving and drinking while pedestrians were cautioned against the danger of walking and drinking in public as such behaviours expose them to unnecessary accidents. The Easter road safety campaign was highlighted yesterday by the Tshwane Metro Police Department (TMPD) chief Commissioner Yolanda Faro during the launch of the Easter road safety campaign near Hammanskraal. Faro was joined by MMC for Community Safety Grandi Theunissen, Mayor Cilliers Brink and a team of Metro police officers who stopped vehicles to check for compliance and shared a safety message with road users to arrive alive. She said the Metro police would clamp down on motorists likely to be caught on the wrong side of the law during this Easter…

STAFF attached to the CA56 Project at Unisa’s Department of Health Studies in the College of Human Sciences visited the Tembisa Provincial Tertiary Hospital to conduct a workshop titled “Continuous professional development for newly qualified nurses: Ethical considerations and professional conduct”. The workshop was held at the Tembisa Hospital’s conference centre as part of the department’s engaged scholarship key performance area mandate. The workshop was facilitated by the project leader, Professor Kholofelo Matlhaba. Matlhaba said the purpose of the workshop was to address the specific needs of newly graduated nurses in understanding and applying the ethical principles and professional conduct in their daily practice. She further elaborated that the workshop provided a platform for these nurses to enhance their knowledge, skills and attitudes related to ethical decision-making and professional…

After a lengthy six-year battle, author Jackie Phamotse has been sentenced in the Randburg Magistrate’s Court. The author of Bare was found guilty last year of defaming media moguls Romeo and Basetsana Kumalo over a tweet alleging that Romeo had engaged in a sexual encounter with another man. Yesterday, the Kumalos sat patiently in the Randburg Magistrate’s Court as closing arguments were made. Basetsana arrived alone and joined her husband inside the court, where they were supported by their family and closest friends. Speaking outside the court, publicist and friend of the Kumalos, Luphumlo Ngcayisa, expressed the couple’s desire for the end to the matter, after over 56 court appearances. Magistrate Saras Naidoo said the court sentenced Phamotse to two years’ correctional supervision and she was ordered to do…

Bafana Bafana legend André Arendse has weighed in on the team’s chances of building on their Africa Cup of Nations (Afcon) momentum. Bafana finished third at the recently concluded Afcon, an incredible feat for the team, given their past misfortunes. Prior to the tournament in Ivory Coast, Bafana hadn’t qualified for the previous finals, while their best performance before that was another third-place finish in 2000. It’s also safe to say that Bafana didn’t inspire confidence before the competition as they blew hot and cold in their preparations. But coach Hugo Broos’ men achieved the improbable, raising hopes that if they continue to adopt the same work ethic and togetherness, they’ll go far. One of the people who knows all about those attributes is Arendse, who was in goal when…

For all the frustration that the Bulls had to deal with against the Dragons, Friday’s massive United Rugby Championship clash against Leinster in Dublin should provide the Pretoria side with a real opportunity to play their natural game. But will going all out on attack and taking on the Leinster defence with ball in hand be the right way to go for Jake White’s team? The fact that the Bulls managed to secure their fourth bonus-point try in the 82nd minute against the Dragons in Newport last Saturday was a great relief to White and his team, as it meant that they are in second place on the URC log. They are on 45 points, four behind Leinster and one ahead of the Glasgow Warriors, so they will be gunning…

REAL ESTATE investment trust (Reit) Vukile Property Fund says its exposure to struggling Pick n Pay is limited to 6.2% of its total rent collections. The struggling South African grocer is now restructuring its stores and turning others into its value-offering Boxer, which it said would be spun off and separately listed. This month, another Reit, Hyprop, cited the challenges Pick n Pay is facing in South Africa among the decisions that had prompted it to skip payment of a dividend. According to market analyst Simon Brown many Reits across South Africa were likely to catch a cold from the Pick n Pay and retail industry slowdown. However, Pick n Pay has previously told Business Report that it has not informed Hyprop…

THE QUESTION is more than academic, as the importance placed on business within a manifesto suggests much about how a party understands and views the economy and its ideological and policy orientation regarding the relationship between business, the State, labour and civil society. This ranges from a broadly sympathetic approach to business and its operating challenges, or conversely, accusations of its complicity in ex- ploitation, corruption and malfeasance. The treatment of business within a manifesto is also suggestive of the respective party’s current and aspirational electoral constituency and even sources of funding. One simple measure of its importance to a party is the frequency with which the term “business” or “businesses” appears in a manifesto. Analysing the 2024 election manifestos of the parties representing more than 90% of the electorate,…

THE MANDATORY localisation re- quirement, jokingly called “the 10% rule”, which is part of the Preferential Policy Framework Act (PPPFA) of 2000 is destructive to South Africa’s State-owned enterprises (SOEs). The 10% rule refers to the practice where buyers are typically unwilling to engage with suppliers unless they perceive a personal benefit equivalent to at least 10% of the deal’s value. Procurement regulations such as these were identified on page 60 of the recently published Vgbe Energy Report as a root cause of the low energy availability factor (EAF). “The main root cause for the low EAF is the dysfunctional management system of Eskom. It is characterised by inefficient processes – especially in procurement – a lack of authority and an opaque decision-making structure,” it said. The outcome of the…

BARLOWORLD Group’s revenue de- clined 5.5% to R15.6 billion when compared to the five months to February 28, 2023, after a performance that reflected challenging dynamics in the markets where it operates. Earnings before interest, tax, depreciation and amortisation (Ebitda) fell a marginal 2.5% to R1.9bn. The Ebitda margin improved to 11.9% (11.5%) and the operating profit margin weakened slightly to 8.7% (8.9%). Cash generation and capital allocation remained a focus, according to an operational review yesterday. The financial results so far reflected the diverse and complex economic environments in which its customers operated. Southern African customers contended with inadequate electri- city supply, logistical bottlenecks, high inflation and high interest rates. Mongolian customers continued to benefit from a government-led expansion of transport infrastructure and robust external demand for coal…

THARISA Minerals, whose stock soared by nearly 12% on the JSE yesterday after announcing a $5 million (R95m) share buy-back scheme, believes that its shares are undervalued as a consequence of low platinum group metals (PGM) prices. In addition to its PGM operations, Tharisa also has a platinum project in Zimbabwe and believes its chrome mining operations have significantly shored up its value, but remain muzzled by subdued PGM prices. “The board believes that the company’s shares are trading at a significant discount, having been negatively impacted by the PGM commodity price environment, while not reflecting the strong co-product contribution from its chrome sales,” said Tharisa yesterday. The company is now proceeding with a scheme passed at its annual general meeting last month to undertake a “general repurchase of…

Statistics South Africa (Stats SA) said yesterday that formal employment in the country for the fourth quarter of 2023 decreased by 194 000 jobs, or 1.8%, quarter on quarter. This brought the level of employment to 10.7 million, Stats SA’s quarterly em- ployment statistics (QES) survey showed. Lara Hodes, an economist at Investec, said declines were logged in five of the eight industries included in the survey, evincing the fragile state of the economy. SA’s numerous challenges including electricity supply and logistical constraints – particularly elevated in quarter four 2023 – impeded optimal growth, she said. The community services industry saw the highest number of job losses, totalling 214 000, followed by the construction industry, which lost 19 000 jobs, and the business services industry, which experienced a loss of…

Independent Media and IOL are pleased to announce a groundbreaking initiative aimed at providing the South African public with valuable insights into the upcoming national elections scheduled for May 29. Beginning this week, Independent Media and IOL will be releasing results of poll surveys conducted by African Innovation Solutions Research (AISR), a subsidiary of African Innovation Solutions. The decision to conduct these bi-weekly polls stems from a commitment to fostering transparency, understanding, and engagement among citizens during this critical juncture in South Africa's democratic process. By gauging the mood of the nation and the electorate, we aim to offer comprehensive analytical data that will not only enrich our content but also empower the public with a deeper understanding of prevailing sentiments and trends leading up to the elections. Adri Senekal…

After a short struggle, Durban snake rescuer Nick Evans captured a Mozambique spitting cobra that had gone inside a Westville home to escape the heat. On Monday, Evans said he had a fairly quiet weekend in terms of snake activity but he was called out to a friend’s house in Westville. The family lived on the edge of a nature reserve and had become accustomed to the species visiting them. They knew to keep the dogs away and keep a close eye on the snake. Evans said the cobra, which was startled by the presence of humans, took cover behind a small side table. When he arrived, he learnt that the cobra had gone under it. “A feisty snake, as these always are. After a short struggle, I got it…

Africa stands to benefit from China’s shift to a high-level socialist market economy driven by the development of new quality productive forces to ramp up post-Covid-19 economic recovery. Despite being a major source of much-needed technological raw materials, and with its 1.4 billion youthful demography, Africa has mainly remained a huge market for tech consumables. The new focus in Beijing offers Africa huge opportunities to focus on innovation and to locate new technologies at the heart of their relations. New quality productive forces mean new drivers of socio-economic growth, powered by frontier technologies, environmental protection, overall reform and coordinated regional development. The focus on new quality productive forces locates innovation as the leading anchor in fostering advanced productivity that is freed from the traditional economic growth mode and productivity…

Lions flyer Edwill van der Merwe said a timely reminder from the coaching staff about what compromises the team’s DNA played a big role in the historic 38-14 defeat of Connacht at the weekend. In the Lions’ recent games against the Bulls, they used the boot too often, but against the Sharks they ran more, before playing with freedom and adventure in Galway. They put 40 points past the Durbanites, and scored 38 more against the Irishmen. “We had the wrong mindset against the Bulls. The coaches then reminded us of how the Lions like to play,” the wing said. “I think what happened is that we had been working as individuals on our kicking skills in training, and that prompted us to kick more in the game. “The coaches…

After a run of two consecutive Premiership defeats, Cape Town City will look to turn their fortunes around after addressing their shortcomings at training sessions over the past two weeks. The international window has given City a break from competition, but the time has come to hopefully return to winning ways when they resume their Premiership campaign on Saturday against Kaizer Chiefs, who are presently in seventh place. The fifth-placed City are not pleased that this league clash will be played at Athlone Stadium (3.30pm kick-off) rather than the Cape Town Stadium – with the Stormers facing Ulster in a United Rugby Championship match on the same day at the 2010 Fifa World Cup venue. “We would have preferred to play at our stadium, but it is what it is,”…

If ever there was a wily old campaigner, it is Vincent Koch – and when he says there will be needle from Edinburgh in Saturday’s match at the Shark Tank, he knows what he is talking about. The 34-year-old tighthead prop has been around a block that includes stints at the Bulls, Pumas, Stormers, Saracens, Wasps and Stade Francais, not to mention the Springboks (48 caps), so there is little that he has not seen. Last week, he was a lucky charm for the Sharks when they beat Ulster on his debut for the Durban team. But this week, he expects Edinburgh to be a tougher challenge in Saturday’s United Rugby Championship clash at Kings Park (3pm kick-off) because it is their coach’s return to his former stomping ground, and…

Western Province all-rounder Onke Nyaku is hoping a return to Newlands will help motivate the home team in their CSA T20 Challenge match against the Tuskers today (1.30pm start). Province have failed to win any of their last three away games, but have been virtually unbeatable at home this season. And they will now have been handed a further bonus by playing the Tuskers twice at Newlands in this competition after the Maritzburg team had their home games revoked due to an unplayable outfield. Province won with a bonus point the last time these two teams met at Newlands. “We’re coming from two tough games on the road, so it’s good to be back home,” said Nyaku. “It is a home fixture for the Tuskers. However, playing at Newlands, our…