Why FirstRand splurged on a Dubai-based fintech company
FirstRand has acquired a 20% stake in Optasia, a Dubai-based fintech company working with MTN, Vodacom and Standard Bank in South Africa, ahead of its upcoming JSE listing.
FirstRand has acquired a 20% stake in Optasia, a Dubai-based fintech company working with MTN, Vodacom and Standard Bank in South Africa, ahead of its upcoming JSE listing.
South Africa weather forecast: 28 October 2025 – Severe storms over central regions, scattered thundershowers in the east, and fire danger in the Northern Cape.
The tragic death of one of the Dlamini twins after a lift shaft fall at a Durban apartment building has sparked widespread protests demanding accountability from the property management company.
The Madlanga Commission resumes today after Friday’s explosive testimony from Witness C, who implicated senior police officials in a R1.2 billion SAPS tender scandal.
South Africa weather forecast: 27 October 2025 – Expect thunderstorms in the northeast, fire danger in Limpopo, and fine conditions in the interior and west.
A 4.9-magnitude earthquake shook areas near Addis Ababa on Sunday morning, with light tremors reported across the capital and neighbouring Amhara region.
South Africa weather forecast: 26 October 2025 – Hot and partly cloudy inland with showers in coastal provinces and fire danger alerts in several regions.
Former police minister Bheki Cele described forensic investigator Paul O’ Sullivan as an “octopus” during testimony before Parliament’s ad hoc committee, a remark that prompted a statement from the Helen Suzman Foundation.
South Africa weather forecast: 25 October 2025 – Fine and hot with fire danger alerts in parts of the interior, and showers in the south and coastal regions.
Testimony before the Madlanga Commission revealed claims linking businessman Vusi ‘Cat’ Matlala to senior police officials and irregular SAPS tender dealings worth R1.2 billion.
The FAFT grey list verdict is expected on Friday, with experts saying South Africa has fulfilled all required reforms and could finally be removed from the list after nearly two years under global financial scrutiny.
A third whistleblower, known as Witness C, is testifying at the Madlanga Commission behind closed doors, following shocking claims by Witnesses A and B that senior police officers colluded with underworld figures to obstruct investigations and influence court outcomes.
The Cradock Four inquest resumes today at the Gqeberha High Court, after Thursday’s testimony from retired army Brigadier Christoffel van der Westhuizen, who denied involvement in the 1985 killings and distanced himself from a controversial military signal linked to the deaths.
Bheki Cele returns to Parliament on Friday for a second day of testimony before the ad hoc committee investigating corruption and political interference in the police, following heated exchanges and explosive revelations about the taxi industry and his links to controversial figures.
South Africa weather forecast: 24 October 2025 – Fine and hot across the country, with fire danger alerts in Free State and Northern Cape due to dry, windy conditions.
The Madlanga Commission resumes its hearings in Pretoria today, following explosive testimony from Witness B, who linked the murder of engineer Armand Swart to a manipulated Transnet tender allegedly involving Katiso “KT” Molefe’s nephew, Lucky.
The AmaPanyaza unit is being phased out after less than two years in operation, following controversy over its legality and effectiveness.
South Africa weather forecast: 23 October 2025 – Mostly sunny and dry, with fire warnings and discomfort alerts for parts of the Cape and KwaZulu-Natal.
Anticipation is building as South Africa awaits the outcome of this week’s FAFT Plenary, which could determine whether the country will finally be removed from the grey list after two years under increased monitoring.
South Africa weather forecast: 21 October 2025 – Cloudy skies, light rain inland and heatwave alerts in parts of the Cape. Fire danger remains high.
The Madlanga Commission resumed hearings on Monday with witnesses testifying remotely under protection, as the inquiry continues its investigation into alleged police corruption and interference in cartel cases.
South Africa weather forecast: 20 October 2025 – Severe thunderstorms expected inland with flooding risk. Coastal regions mostly clear and breezy.
South Africa weather forecast: 18 October 2025 – Thunderstorms in interior provinces, coastal wind risk in KZN, and fire danger in parts of Eastern Cape.
The Democratic Alliance has urged the High Court to allow the State to recover R28.9 million from Jacob Zuma, even if it means attaching his pension benefits.
Suspended Police Minister Senzo Mchunu is expected to return to Parliament on Friday to continue his testimony before the ad hoc committee investigating corruption and interference in the criminal justice system.
South Africa weather forecast: 17 October 2025 – Severe storms in North West, fire danger in several areas, partly cloudy conditions expected countrywide.
The National Gambling Board says gambling in South Africa reached R1.5 trillion in the 2024/25 financial year, driven mainly by a surge in online betting.
President Cyril Ramaphosa has suspended South Africa’s inspector-general of intelligence, Imtiaz Fazel, following a complaint to Parliament that has triggered a formal investigation into his conduct.
Former Kenyan Prime Minister Raila Odinga has died in India at the age of 80.
South Africa weather forecast: 15 October 2025 – Severe thunderstorms in Limpopo, fire danger in the Eastern Cape, and fine weather in central regions.