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First Take SA

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4:44

Homeowners given breather of 25 basis points cut in...

First Take SA ·

2024/09/20

South Africa's Reserve Bank has given homeowners a breather by cutting interest rates by 25 basis points. This follows the US Federal Reserve's 50 basis point reduction. This move will bring some much-needed relief to those struggling to make bond repayments, especially after previous interest rate hikes. To elaborate on what the latest interest entails for the property sector, Elvis Presslin spoke to Andre Parsons, Director at Get a Bond Home Loans

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4:48

Calls for answers over payment to upgrade driving...

First Take SA ·

2024/09/20

The Democratic Alliance in Govan Mbeki Local Municipality is demanding answers over a questionable payment of R160,000 to upgrade the driving licenses of just four employees. The amount of R40,000 per person is staggering compared to the standard rate paid by the municipality in Secunda, and the R6,000 to R10,000 charged by local driving schools for similar services. Executive Mayor Nhlakanipho Zuma spoke to Elvis Presslin to shed more light on this controversy

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5:52

Former Eskom CEO advocates for coal price regulation

First Take SA ·

2024/09/20

Former Eskom CEO and MK MP Brian Molefe is advocating for the regulation of coal prices. Speaking during a parliamentary debate on NERSA's decision to grant Eskom's application to retrospectively recover R8 billion for the 2021/2022 financial year, Molefe stressed that the price Eskom pays for coal directly affects electricity tariffs. Elvis Presslin spoke to MK MP Brian Molefe

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4:27

SIU welcomes court decision regarding the former SABC...

First Take SA ·

2024/09/20

Former SABC COO Hlaudi Motsoeneng has been dealt a significant blow after the Constitutional Court dismissed his appeal to overturn an order to repay a R11.5 million "success fee" he received from the public broadcaster. This fee was deemed unlawful and invalid by the Gauteng High Court. The Special Investigating Unit (SIU) has welcomed this decision, which paves the way for them to recover the outstanding amount from Motsoeneng. So far, the SIU has already recovered over 6 million from Motsoeneng's

en-US

4:36

AFRICA BRIEF with Victor Kgomoeswana

First Take SA ·

2024/09/20

Elvis Presslin takes a look at the current top African economic stories with Victor Kgomoeswana, author of "Africa Is Open For Business" and "Africa Bounces Back". Victor is also the Executive Director for Marketing and Communication at the University of Limpopo

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9:52

Pravin Gordhan to be laid to rest in a category 2...

First Take SA ·

2024/09/19

Late former Minister Pravin Gordhan will today be laid to rest in a special official category 2 funeral at the Durban ICC. Gordhan, who passed away last week at the age of 75 after battling cancer, left an indelible mark on the country's politics. As Minister of Public Enterprises until the May elections, Gordhan played a pivotal role in shaping South Africa's economic landscape. His portfolio also includes stints as Minister of Finance and SARS Commissioner. For more on Gordhan's life and journey

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6:50

Former minister denies VBS allegations made by EFF...

First Take SA ·

2024/09/19

Former Minister of International Relations and Cooperation Dr. Naledi Pandor has vehemently denied allegations made by EFF leader Julius Malema that she received a bond from the now-defunct VBS Mutual Bank. Malema's claims, made during an interview with the SABC, suggested that several ANC leaders, including Pandor, benefited from VBS. Pandor has dismissed the allegations as baseless and is demanding that Malema provide concrete evidence or issue a public apology. Elvis Presslin spoke to Dr. Naledi

en-US

5:58

SARB set to announce its interest rates decision later

First Take SA ·

2024/09/19

The South African Reserve Bank's Monetary Policy Committee is set to announce its highly anticipated decision on interest rates today. With inflation having dipped to 4.5%, analysts are hopeful that the bank will initiate a rate-cutting cycle, mirroring the trend of global central banks. For his insights on the potential monetary policy direction, Professor Bonke Dumisa, an independent economic analyst, spoke to Elvis Presslin to share his sentiments

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6:17

March in Pretoria against harassment of documented...

First Take SA ·

2024/09/19

The HBT Movement for Peace and Justice will today march against alleged harassment of documented immigrants in South Africa. The protesters plan to submit a memorandum to the Minister of Home Affairs in Pretoria, to demand an end to the exploitation and mistreatment of law-abiding immigrants. To elaborate further on the march, Elvis Presslin spoke to Rollence Mabula, President of The HBT Movement of Peace & Justice

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10:48

National Wills Week: Reminder to draft or update your...

First Take SA ·

2024/09/18

The National Wills Week takes place every year from 16th to 20th September serving as an annual reminder for South Africans to draft or update their wills. Launched by the Law Society of South Africa, this initiative aims to ensure more people have a legally valid will in place and to address the Shockingly, 7 out of 10 adult South Africans who pass away without one. For more on this Elvis Presslin spoke to Legal Specialist at PSG Wealth, Mariska Redelinghuys

en-US

5:08

NUM gears up for a massive strike at Seriti Resources

First Take SA ·

2024/09/18

The National Union of Mineworkers (NUM) is gearing up for a massive strike in response to Seriti Resources' plans to retrench over 1,000 workers. This decision, driven by unsustainable operations at the Middelburg and Klipspruit mines has sparked outrage among NUM members, who represent 3,000 Seriti employees. The union accuses the coal mining company of replacing permanent workers with contractors, a move they vehemently oppose. Elvis Presslin spoke to Malekutu Motubatse, NUM Highveld region

en-US

5:00

Allegations of non-functional smart electricity...

First Take SA ·

2024/09/18

Controversy surrounds the City of eThekwini as allegations emerge that they paid a staggering R500 million for smart electricity meters that are reportedly non-functional. In response, council officials have launched an investigation to uncover the truth behind the meters, including whether Africa Utility Solutions, the contracted supplier, actually delivered the devices. DA eThekwini Caucus Leader, Thabani Mthethwa spoke to Elvis Presslin to shed light on this contentious issue

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5:15

BOSA pushes for constituency-based electoral system

First Take SA ·

2024/09/18

Build One South Africa, BOSA is pushing for a constituency-based electoral system. The party wants citizens to directly vote for their leaders, rather than through political parties. This proposed reform aims to increase accountability across the nation. The current electoral system in South Africa is a closed-list proportional representation system, where voters choose parties rather than individual candidates. BOSA leader Mmusi Maimane, spoke to Elvis Presslin to discuss this proposed reform in

en-US

5:17

DA to hold National Day of Action opposing Eskom's...

First Take SA ·

2024/09/18

The Democratic Alliance, DA will hold a National Day of Action across all nine provinces to oppose Eskom's proposed 36% electricity tariff increase. This significant hike, which still requires approval from the National Energy Regulator of South Africa, NERSA would come into effect on April 1 next year, adding to the already substantial financial burden on South Africans. To shed more light on this matter, Elvis Presslin spoke to Kevin Mileham, the DA's spokesperson on Electricity and Energy

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9:05

Western Cape DA want government to classify attacks...

First Take SA ·

2024/09/17

The Democratic Alliance In the Western Cape, is urging the Minister of Justice and Constitutional Development to classify attacks on social workers as attacks on the state. This as social workers, already vulnerable to hijackings and assaults while serving high-risk communities, are now being targeted by extortionists demanding protection fees. According to the provincial social development department, there have been 41 reported incidents over the past year, including six cases of robbery and

en-US

4:23

Traffic officials and examiners arrested over fake...

First Take SA ·

2024/09/17

The Hawks in Mpumalanga have arrested eight examiners and four traffic officials for allegedly colluding with driving schools to issue fake licenses. The officials were arrested in different licensing centres at Sabie, Graskop, Lydenburg and Verena. For more on this Elvis Presslin spoke to the Road Traffic Management Corporation Spokesperson, Simon Zwane

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4:58

BMW workers in Pretoria embark on strike action amid...

First Take SA ·

2024/09/17

Workers at BMW's Rosslyn plant in Pretoria have gone on strike amid allegations of medical aid fraud involving the company's employee scheme. According to BMW, law enforcement is investigating suspected fraudulent activities within the BMW Employees Medical Aid Scheme. Six employees have been arrested, 20 have been dismissed, and over 500 face disciplinary action. Labour union Numsa has criticized the company's response, arguing workers were 'lured' into the alleged fraud scheme. To discuss this

en-US

5:42

Agreement reached between Babel Restaurant and EFF

First Take SA ·

2024/09/17

The Babel Restaurant in Menlyn, Pretoria, has reached an agreement with the EFF to comply with South African labour laws. The party's intervention follows a social media exposé by a former employee who accused the restaurant of exploiting employees and operating outside the law. A Department of Labour and Employment-led sting operation at the restaurant on Sunday night preceded the agreement. For more on this Elvis Presslin spoke to EFF Tshwane Caucus Chief whip, Godwin Ratikwane who says the party

en-US

6:50

SA's Afrikaner community concerned of population...

First Take SA ·

2024/09/17

Concerns are mounting within South Africa's Afrikaner community about a perceived decline in their population and threats to their cultural identity. Changes to language policies, notably the contentious Bela Bill, have sparked fears for the future of Afrikaans-speaking schools and the preservation of the language. Joost Strydom, Chief Executive of the Orania Movement says self-sustaining communities like Orania are imperative to safeguard Afrikaans language and heritage. However, critics argue that

en-US

3:38

AFRICA BRIEF with Victor Kgomoeswana

First Take SA ·

2024/09/17

en-US

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