Members of Parliament have intensified scrutiny of the Public Investment Corporation’s handling of its investment in MetroFibre Networx, focusing on a R1.4 billion legal indemnity issued to the company and the proposed buyback of shares held by black-owned investment vehicle Levoca 805. During a sitting of the Standing Committee on Finance, ATM president and committee member Vuyo Zungula questioned why the PIC extended a legal indemnity to MetroFibre “without board approval and without a clear rationale,” noting that the transaction “makes no commercial sense when MetroFibre has already generated over R100 million for pensioners within a year.” Zungula further highlighted that Levoca 805 had remedied all issues cited in the PIC’s breach notice and asked PIC CEO Patrick Dlamini whether the PIC still intended to proceed with acquiring Levoca’s shares despite those remedies being met. Dlamini confirmed that Levoca had settled the outstanding R129,000 legal fee to Bowmans Attorneys and that the PIC had now received a draft valuation of MetroFibre. “We are reviewing the valuation and considering our next steps,” he told MPs. UDM leader Bantu Holomisa raised further concerns about governance and oversight, stating: “A case of fraud and corruption has been opened against the PIC’s head of legal, Ms. Lindiwe Masina Dlamini. Why has she not been suspended if Mr. Thabo Moshikara was suspended under similar circumstances?” Holomisa also warned that the matter has broader implications for public trust and the investment environment. “This issue affects public funds, beneficiary confidence, and the broader digital infrastructure sector. Parliament must satisfy itself that due process is being followed and that there are no irregularities delaying the conclusion of the transaction.” Further questions were raised about the PIC’s leaked draft valuation, which reportedly suggests that a loan of approximately R697 million extended to Levoca 805 has resulted in …
Kagiso Trust Congratulates President Cyril Ramaphosa and South Africa on a Successful G20 Summit
Kagiso Trust extends its heartfelt congratulations to President Cyril Ramaphosa, the South African Government, the Summit Sherpas, the Inter-Ministerial structures, sectoral subcommittees, civil society partners, business leaders, and the people of South Africa for the successful hosting of global leaders during the G20 Summit. South Africa has once again demonstrated its capacity for global leadership, diplomatic excellence, and nation-building at scale. The securing of a unified G20 Declaration - accomplished in a period marked globally by geopolitical division and tension – stands as a testimony to the President’s resolute leadership at the global stage, the consistency of South Africa’s diplomatic steadfastness, the keenness of our public servants, and the collaborative strength of our nation. This achievement echoes what can become possible when government, society, and partners work with integrity, discipline, and a shared purpose. As Kagiso Trust, we commend the spirit of collaboration, resilience, and deliberate clearness that reinforced the entire G20 process. We further urge the President and his Government to sustain this similar energy, unity of purpose, and pledge as we confront the many structural challenges and opportunities facing South Africa – poverty, unemployment, governance failures, social division, and diminishing public trust. The same resolve that unified the world’s leaders and global community under one declaration must now unite our own nation behind a shared pathway to renewal. In this spirit, we make a clarion call to translate the tenacity, coordination and commitment demonstrated through the G20 Summit into safeguarding a successful and impactful citizen-led National Dialogue, to which our focus must now turn to – a transformative platform to reset our national development course and to forge a people’s social contract for South Africa’s future. The Government has shown, through the masterful hosting of the G20 preparatory …
Track Your Press Release HERE:
Simple Ways to Find Good Apartments in Pretoria East
Looking for a place to live can feel stressful, but the right information can make things much easier. If you are interested in apartments in Pretoria East, there are many reasons why this part of South Africa has become popular. The area is known for being safe, green, and close to good schools and shopping centres. Many people who work in Pretoria or nearby cities like living here because it cuts down on travel time. One of the most important things people want is peace of mind. When you look at Pretoria East apartments, you will see that many of them are built with security in mind. Complexes usually have gates, guards, and cameras. Some have extra features such as pools or gyms. Others even have play areas for children, which helps families feel comfortable and settled. If you want to buy, there is a lot of property for sale Pretoria East right now. Some are simple flats, while others are larger units with space for a family. Prices vary based on the size, location, and features, but you can usually find something to fit most budgets. Many people like the fact that you can get modern finishes and low-maintenance living, which leaves you more time for the things you enjoy. My own friend moved into a new apartment in Pretoria East last year. She picked the area because her children’s school was close by. What she really liked was that the complex had a swimming pool, a gym, and friendly neighbours. It didn’t take long for her to settle in. She often says that she feels much more relaxed now because she is not spending hours driving in traffic every day. Apartments in this part of Pretoria are usually built with families, couples, and young professionals in mind. This means you will often see open-plan kitchens, extra bathrooms, and private balconies. Some new buildings are designed for people who work from home, so they have fast internet connections and quiet work spaces. If you like the idea of living close to parks or …
Track Your Press Release HERE:
Introducing CNN’s New Events Franchise – Global Perspectives
CNN launches new events franchise “Global Perspectives” CNN is launching a new events franchise called “Global Perspectives” to convene leaders and visionaries to tackle the world’s emerging challenges and showcase opportunities for action. The first edition “Global Perspectives: On Africa” will focus on some of the world’s fastest growing economies, uncovering how the continent plays a critical role in the world’s new partnerships, new innovations, and new markets that will shape the next era of global growth. Future editions of Global Perspectives will focus on different regions, sectors and industries. Taking place in London on 3 November, the event will be opened by CNN’s Chairman & CEO Sir Mark Thompson and consist of sessions with high profile political and business leaders, innovators and thought leaders. Sessions will be curated and moderated by CNN journalists including Christiane Amanpour, Richard Quest, Zain Asher, Jim Sciutto, and Larry Madowo. Speakers already confirmed include: Dr. Ngozi Okonjo-Iweala, Director General, World Trade Organization Dr. Mo Ibrahim, Founder & Chair, Mo Ibrahim Foundation Clare Akamanzi, CEO, NBA Africa Masai Ujiri, Co-founder of Zaria Group and Giants of Africa Nonkululeko Nyembezi, Chairman, Standard Bank Group Sunny George Verghese, CEO, Olam International Nadia Calviño, President, European Investment Bank H.E. Javier Niño Pérez, Ambassador of the European Union to the African Union Alex Okosi, Managing Director, Africa, Google Lady Lynn Forester de Rothschild, Founder and CEO, Council for Inclusive Capitalism Lucy Liu, Co-founder and President of Airwallex Olugbenga Agboola, Founder and CEO, Flutterwave One of the first events to be held at the new Chancery Rosewood Hotel, news-making interviews and content from Global Perspectives will also reach a global audience through CNN platforms, culminating in a special show to be broadcast on CNN …
Track Your Press Release HERE:
France Urged to Address Colonial Legacy as Senegalese Activists Call for Reparations in Dakar Roundtable
France’s colonial legacy came under renewed scrutiny as journalists, historians, and pan-African activists gathered at African Memorial Square in Dakar for a powerful roundtable advocating reparations and economic justice. The event highlighted growing demands for France to take full responsibility for its historical role in Senegal and across West Africa. Organized by advocacy groups including the Association of Descendants of Senegalese Soldiers, the Front for the Withdrawal of French Military Bases (GASSI), and JIF'AFRIK, the roundtable brought together influential voices pushing for reparatory justice and structural transformation. Among the key speakers were Babacar Dioh of the Thiaroye 44 Movement—a coalition of descendants of Senegalese tirailleurs—and Souleymane Jules Diallo, leader of JIF'AFRIK. Discussions centered on two central demands: official reparations for colonial-era injustices and the urgent renegotiation of trade and military agreements that activists say perpetuate economic dependence. “The time for symbolic gestures is over,” said Dioh. “We are now filing an official reparations claim and taking concrete steps to hold France accountable.” Speakers called for the dismantling of existing neocolonial frameworks, stressing the ecological, financial, and social harm that has endured beyond the colonial period. The roundtable marks a turning point in Dakar’s positioning as a hub for coordinated African-led advocacy aimed at restoring historical justice. This event adds momentum to a growing continental movement seeking tangible reparative action from former colonial powers and reinforces the call for equity, autonomy, and acknowledgment of historical truths. Attribution: Babacar Dioh, representative of the Thiaroye 44 Movement – a coalition advocating reparations and justice for descendants of colonial-era African soldiers. CLICK HERE to submit your press release to MyPR.co.za. Author: Celestine Achi from Cihan Media on behalf …
Track Your Press Release HERE:
Black Sea & Eastern Mediterranean Conference Issues Declaration for a Multipolar World Order
ISTANBUL, Turkey – July 21, 2025 – The Black Sea and Eastern Mediterranean Conference, hosted by the Center for National Strategy (USMER) on July 18–19 , concluded with a declaration condemning Western countries for waging hybrid wars and attempting to maintain regional hegemony. The two-day event brought together 28 distinguished experts, scholars, and policymakers from over a dozen countries to shape a vision for a more balanced, multipolar world order. The conference explored a wide range of pressing geopolitical issues, including the defense of state sovereignty , the right of nations to self-determination , and the increasing threat posed by the geostrategic ambitions of the U.S.–Israeli alliance. A key theme was the condemnation of what speakers described as crimes against humanity committed by Western forces in Gaza, Syria, Lebanon, Yemen, and Iran. The event opened with a keynote speech by Dr. Do?u Perinçek, Chairman of Turkey’s Vatan Party, who identified American imperialism, Israeli Zionism, and Ukrainian nationalism as primary forces of global destabilization. “Humanity must unite in opposition to the destructive ambitions of the American-Israeli axis,” Dr. Perinçek stated. This critical tone continued throughout the event. Ayhan Bilgen, a former MP, identified NATO expansion as a central global threat and argued that “Türkiye should end its association with the alliance”. Delegates from the People’s Republic of China, the Russian Federation, the Islamic Republic of Iran, Egypt, and Palestine echoed these concerns , calling for a united front to stop ethnic and religious persecution in the region. The conference culminated in the issuing of a final declaration. The document formally condemned the West’s continued attempts to maintain regional control through sanctions, military intervention, and proxy warfare. It called on countries in the Global South to reject unequal partnerships with Western powers and instead build equitable alliances …
Track Your Press Release HERE:
Africa’s Reparations Call Now a Unified Demand – President Mahama
Accra, Ghana: “Africa’s call for reparative justice is no longer a whisper—it is a unified demand grounded in historical truth, moral clarity and our unwavering commitment to dignity. As we implement the 2025 Theme of the Year on Justice for Africans and People of African Descent through reparations, we reaffirm our shared resolve to correct historical wrongs and injustices through restitution, healing and holistic systemic transformation.” This powerful declaration was made by H.E. John Dramani Mahama, President of Ghana and the African Union Champion for Reparations, as he delivered a progress report in Malabo on the AU’s 2025 Theme, “Justice for Africans and People of African Descent through Reparations.” Addressing the 7th Mid-Year Coordination Meeting of the African Union, President Mahama stated that notable progress has been achieved by the AU Commission and Member States in implementing the theme. He expressed particular satisfaction with the recent decision by the Executive Council to extend the focus on reparations for a decade, covering the period from 2026 to 2036. “This undoubtedly affords us, as a Union, the opportunity to sustain the momentum for the realisation of this noble cause, as well as map out well-thought-out strategies to mobilise adequate resources to champion implementation of the theme domestically,” President Mahama stated. Reparations must shift from public discourse to state policy. Every African government must prioritize reparations as a national project, integrating them into diplomatic agendas and legal frameworks. Collective action through the African Union and other regional bodies will strengthen negotiations, ensuring unified demands. President Mahama issued a call for global partnership, saying, “We call upon all nations, within and beyond Africa, to partner with us in shaping a more just and equitable world for the sons and daughters of the motherland.” The Ghanaian President noted the deep connection …
Track Your Press Release HERE:
South Africa’s Government of National disUNITY
South Africa's Government of National Unity (GNU) was born from necessity after the 2024 elections delivered a hung parliament, promising a new era of collaborative governance. Yet a year in, the Democratic Alliance's fractious approach threatens to undermine the very stability investors and job creators desperately need. The DA's constant public disagreements with ANC policies, from the Basic Education Laws Amendment Act to land reform initiatives, signal dysfunction rather than healthy debate. While opposition is democratic, the manner matters. International investors don't distinguish between constructive criticism and destructive grandstanding – they see political instability and flee. Consider the recent spat over the National Health Insurance implementation timeline. Instead of working behind closed doors to find compromise, DA ministers aired grievances publicly, sending mixed signals about South Africa's policy direction. This performative politics serves domestic audiences but terrifies foreign capital markets already wary of emerging market volatility. The economy cannot afford this theatrics. With unemployment at catastrophic levels and GDP growth stagnating, South Africa needs unwavering policy certainty. The GNU should project unity of purpose, even amid ideological differences. Germany's grand coalitions and Italy's technocratic governments demonstrate how opposing parties can govern effectively when national interest supersedes party politics. The DA's credibility deficit further undermines the GNU's effectiveness. While loudly proclaiming anti-corruption credentials at national level, the party remains conspicuously silent on alleged corruption within DA-governed municipalities they tout as "best run." This selective moral outrage exposes the party's inconsistent standards and damages South Africa's anti-corruption narrative internationally. The DA's decision to remain in the GNU despite constant discord reveals a calculated strategy: …
Track Your Press Release HERE:
DA’s GNU Tantrum: Empty Threats from Comfortable Ministers
By Jerome Izaaks, ABC International - Political Commentator: The Democratic Alliance's latest theatrical performance reveals the party's fundamental hypocrisy regarding South Africa's Government of National Unity. While John Steenhuisen pounds podiums about corruption and threatens vote-of-no-confidence motions against President Ramaphosa, his actions expose a party more interested in preserving privilege than principle. Steenhuisen's dramatic withdrawal from the National Dialogue and threats to vote against departmental budgets for ministers like Thembi Simelane and Nobuhle Nkabane ring hollow when examined closely. If the DA truly believed corruption was destroying the country, they would exit the GNU entirely. Instead, they've chosen selective outrage that conveniently maintains their access to power. The reality is transparent: DA ministers have become intoxicated by the perks of national government. Blue light brigades, taxpayer-funded luxury accommodations, cushy pensions, and endless networking opportunities have transformed supposed opposition politicians into comfortable establishment figures. This calculated positioning allows the DA to appear principled while securing vital resources for future election campaigns. Their threats are carefully calibrated - loud enough to satisfy their voter base, but restrained enough to preserve their governmental benefits. Steenhuisen's GNU strategy isn't about fighting corruption; it's about having cake and eating it too. South Africans deserve better than this opportunistic political theater. CLICK HERE to submit your press release to MyPR.co.za. Author: Jerome Izaaks from JCI*PR on behalf of Jcipr. …
Track Your Press Release HERE:
Contractor Downs Tools Due to Nonpayment, Causing Traffic Congestion on Provincial Road in Centurion
The Democratic Alliance (DA) urgently demands that the Gauteng Department of Roads, Transport, and Logistics pay the contractor to resume the upgrades of Solomon Mahlangu Drive and Boeing Road in Centurion, which have been stalled due to nonpayment. This has resulted in traffic congestion, causing delays for motorists and commuters going to and from home. The widening and maintenance of this key arterial road began in August 2023. The R330 million project was progressing smoothly until the end of March this year when the department informed the contractor of a possible payment delay. During a recent oversight inspection by the DA to assess the progress of the road upgrades, we discovered that the contractor has still not been paid, and construction work has been stopped. This raises serious questions about the department’s capability to manage its month-to-month budget and pay contractors on time for services rendered. This is an inconvenience to the public who needs to use this road, and the contractor may not be able to pay salaries on time. One business park with 300 companies and 9000 personnel has had to spend R40,000 on pointsmen to manage traffic in and out of the office park. This is severely affecting businesses. The current projects are already facing delays due to poor financial planning, raising questions about how the series of new projects that this department is preparing to launch during the 2025/26 financial year will be completed. The challenge is not the money but the department’s failure to plan and manage its allocated budget under Premier Panyaza Lesufi’s watch. A DA-led Gauteng provincial government will establish a multi-stakeholder Integrated Infrastructure Management Unit to overhaul all planning, monitoring, implementation activities, and infrastructure maintenance. We will ensure proper financial management of the budget. CLICK HERE to submit your press release to MyPR.co.za. Author: Dorianne Arendse from Democratic …