First Take SA

Ratings agency Moody's has cut Steinhoff to junk rating, dropping it by four notches from the previous Baa3 to B1 and placed it on review for further downgrade. Meanwhile, German financial watchdog Bafin has announced that it has started an assessment probe into the trading of Steinhoff shares this week, after the stock lost more than 80 percent of its value within days. Bafin routinely investigat...

Time for our Open Mic feature. Today we profile, a multi-talented artist, song writer and producer, Samkelo Lelethu Mdolomba, fondly known by his fans as 'Samthing Soweto'. Samthing Soweto started his career as one of the founding members of acappella group, The Soil. Ronald Phiri spoke to the 'Akanamali' hitmaker

Our weekly edition of TRENDSWATCH; where we take a look at news that dominated social media this week. Our producer Molebogeng Sebidi has more

KISUA is a unique African fashion brand that showcases the African continent’s brightest design talent to the world. KISUA - Which turned four in 2017, creates exclusive capsule collections in collaboration with African designers. KISUA distribution centers are on three continents - Africa, America and Europe. Tsepiso Makwetla spoke to the founder of the comapny, Samuel Mensah Jr. about how his ex...

The ANC's NEC Sub-Committee on Organizational Development says a loss of confidence by the people in the party is the most serious challenge they experience. Briefing the media about the party's Organisational Development and Renewal policy, earlier on, Sub-Committee Chairperson, Fikile Mbalula, said the ANC's diagnosis and self-critic has identified sharp weaknesses especially in the state, the c...

Democratic Alliance member of parliament Manny de Freitas has laid criminal charges against Deputy Minister of Finance Sfiso Buthelezi, and former PRASA CEO Lucky Montana. Speaking in front of the Cape Town Police Station, Freitas says the charges emanate from the former Public Protector report in 2015 titled "Derailed" report. He says the charges relate to offences of financial mismanagement in t...

The Steinhoff share price continued to collapse following the resignation of CEO Markus Jooste amid an accounting scandal. The furniture retailer lost more than 60 percent of its stock value yesterday and around 30 percent of the remaining value today. Steinhoff is listed in Johannesburg and in Frankfurt, Germany. Tsepiso Makwetla spoke to SABC TV news anchor, Nompumelelo Siziba and to Davis Lewis...

The Public Protector Busisiwe Mkhwebane has‚ through her lawyers‚ accused the Reserve Bank of waging a campaign against her in order to pave a way for her removal from office. The central bank, Absa and Treasury have taken the Public Protector report on the apartheid-era Bankorp bailout on review. Bongi Gwala spoke to SABC reporter Glorious Sefako-Musi

Award winning actress Vatiswa Ndara has released her book titled 'I Am Because of You'. Known for her roles in shows such as Igazi, Generations and Home Affairs, Mdara says the book is a gratitude gesture to thank her fans for the love she's received over the years. The book is a compilation of social media messages that she has received from her fans, weaved together with personal accounts from p...

There was drama at the Eskom Inquiry this morning. First was the announcement that Deputy Public Enterprises Minister Ben Martins would not appear, then there were two letters from Ajay Gupta's lawyers. The announcement that the Hawks were fishing for information about the inquiry chairperson caused quite a stir. Bongi Gwala spoke to public enterprises portfolio committee chairperson, Zukiswa Rant...

Time now for our weekly edition of TRENDSWATCH where we take a look at news that dominated social media this week. Our producer Molebogeng Sebidi has more

Today we profile Soulful and award-winning jazz singer, Wanda Baloyi. The song bird who is also a DJ and House vocalist, has introduced her alter ego "Queen Choco" to the music scene. Ronald Phiri spoke to Queen Choco, about her new genre of music...

The ANC in Mpumalanga and the North West are currently holding their provincial general council. The gatherings are expected to pronounce the provincial structure's leadership preference, ahead of the party's national elective conference, this December. Tsepiso Makwetla spoke to our reporter Abongile Dumako, who is covering the ANC's Mpumalanga provincial general council, at Mbombela Stadium and a...

The Metsimaholo IEC is reportedly considering a rerun in one voting station after conceding that using wrong ballot papers had prejudiced some parties. The elecotoral commission is now in the process of approving a re-run at a voting station and is now delaying the announcement of final results which were expected earlier this afternoon. The SACP said yesterday the mistake of swapping ballot paper...

The highly-anticipated Nelson Mandela Bay Council meeting is currently underway in Port Elizabeth in the Eastern Cape. Among the items in the agenda is the motion of no confidence against Mayor Athol Trollip and Speaker Jonathan Lawack. The motion has been tabled by Patriotic Alliance's Marlon Daniels and seconded by UDM's Mongameli Bobani. The PA also want the vacant position of Deputy Mayor fill...

Council meetings are under way in both the Johannesburg and Mandela Bay Metros, at which motions of no confidence will be debated in the DA's Mayor Herman Mashaba and Mayor Athol Trollip respectively. The ANC is bringing the motion in Johannesburg and the Patriotic Alliance and UDM, in Port Elizabeth. Tsepiso Makwetla spoke to our reporter Tshepo Phagane.

The ANC's Free State provincial conference cannot go ahead this weekend as scheduled. This after the High Court in Bloemfontein ruled that the party's general branch meetings held over the past few months were irregular and unconstitutional. The conference cannot go ahead until branch general meetings, which were declared unlawful, are rerun. Tsepiso Makwetla spoke to Free state ANC spokesperson T...

Some of Africa's leading academics seek to answer questions concerning constitutions and democracy in Africa , in a book launched during the Electoral Institute for Sustainable Democracy in Africa 's 12th annual symposium looking at State Capture as an obstacle to Democracy in Africa. The book entitled 'Checks and balances: African constitutions and democracy in the 21st century', focuses on Afric...

ANC Chief Whip in Parliament Jackson Mthembu has laid a complaint with the party's Secretary General asking him to investigate five MPs regarding last night's state capture debate on ANN7 . ANC Caucus Spokesperson Nonceba Mhlauli dismissed the five ANC MPs claims that Mthembu colluded with the DA to allow the debate to be held at the Da's request. Tsepiso Makwetla spoke to ANC Caucus Spokesperson...

Lawyers for Solidarity and DA earlier today told the high court in Pretoria that former Eskom CEO Brian Molefe did not qualify for retirement pension benefits. They've argued in their submission before the full bench of judges that Molefe was not a full time employee when he resigned from Eskom, and therefore not a member of the pension fund. The parties wants Molefe's 30 million-rand pension payo...

Rating agency Moody's has downgraded Eskom earlier today citing the power utility's financial and liquidity woes and poor governance. Moody's downgraded Eskom's long term corporate family rating and placed the power utility on review for a further downgrade. This means that Eskom will find increasingly difficult to get funding and if it does, it will have to borrow at a higher interest rate. S&P G...

The Independent Electoral Commission in the Free State says they haven't received any complaint or objection from political parties over the Metsimaholo Municipal election re-run. The SACP and the EFF claim there have been irregularities at some voting stations today. The municipality is holding elections to appoint a new council after a coalition including the DA and EFF collapsed earlier this ye...

The ANC's Free State provincial conference cannot go ahead this weekend as scheduled. This after the High Court in Bloemfontein ruled that the party's general branch meetings held over the past few months were irregular and unconstitutional. The conference cannot go ahead until branch general meetings, which were declared unlawful, are rerun. Tsepiso Makwetla spoke to Dr Somadoda Fikeni, a Politic...

Derek Matyszak of the Institute for Security Studies spoke to Tsepiso Makwetla about the recent unfolding events in Zimbabwe. Mr Matyszak was speaking during the Electoral Institute for Sustainable Democracy in Africa EISA's 12th annual symposium, looking at 'State Capture as an obstacle to Democracy in Africa'.

Sibusiso Nkomo from the Institute for Justice and Reconciliation and Afrobarometer spoke to Tsepiso Makwetla about the perceptions of systematic corruption and the corrosion of democratic culture and institutions. Mr Nkomo was speaking to Ms Makwetla at the Electoral Institute for Sustainable Democracy in Africa, EISA's 12th annual symposium, looking at 'State Capture as an obstacle to Democracy i...