Update@Noon

1. Let's start with some good news - the JSE hit new record highs yesterday! What was behind the latest surge, other than Naspers closing above R3,000 for the first time? 2. On the negative side, there was quite poor performance by Woolworths, and Steinhoff lost close to 10% in value. What caused this sharp fall? 3. From a global economic perspective, I understand all eyes will be on Jackson Hole,...

The Democratic Alliance wants Public Relations Company Bell Pottinger to make a full disclosure of its contracts with the Gupta family. This comes after the British -based PR Company was found guilty by the U.K's Public Relations and Communications Association (PRCA) for breaching its code over work done for the Gupta family. The DA had complained to the Association about Bell Pottinger's campaign...

Senior Research Fellow and Political Economist at Trade Collective, Lebohang Pheko believes that the controversial transactions at Oakbay and SAA have the potential to drive the country into further economic turmoil. Sakina Kamwendo spoke to Senior Research Fellow and Political Economist at Trade Collective, Lebohang Pheko

We look at Consumer inflation for July ,the Naspers share price and why is it so important to market watchers with ETF strategist & Advisor, Nerina Visser.

We look at Asian markets trading mixed following overnight losses on Wall Street , the Rand weakened after the release of inflation figures yesterday andiInflation now at the lowest level since September 2015 with Maudi Lentsoane, CEO of Lehumo Investments.

Five of the twenty awaiting trial prisoners who escaped while being transported in Johannesburg, have been arrested. The prisoners escaped while being transported in a truck back to the Johannesburg Correctional Services. They had appeared in the Johannesburg Magistrates court on Tuesday on various charges including armed robbery, house breaking and theft. We speak to Gauteng police spokesperson C...

A secret cabinet memorandum document purportedly signed by the Minister of Finance Malusi Gigaba requesting President Jacob Zuma and his cabinet to approve a R10 billion to save the cash-strapped South African Airline was leaked to the DA in parliament. The document also revealed that Gigaba requested for Telkom's assert to be sold for the recapitalisation of SAA. Deputy President Cyril Ramaphosa...

DA MP, Alf Lees dropped a bombshell during Deputy President, Cyril Ramaphosa's question and answer session in parliament yesterday. He revealed that a secret document in his possession shows that government intends to fund Telkom a 10-billion rand bailout for SAA by disposing of shares in other SOE's such as Telkom. The document was leaked to the DA in parliament. This comes as Oakbay Investments...

Market Analyst, Maudi Lentsoane CE of Lehumo Investments looks at Asian Markets as they trade mostly lower despite the rally on Wall Street overnight, Shoprite Shares were up 8% after releasing impressive sets of results and retailers in South Africa are under pressure

Parliament's oversight committee on Communications has shortlisted 36 candidates to be interviewed for the SABC permanent board. Among those who have been shortisted are members of the interim board as well as a judge. The names will be published on Parliament's website for a period of five working days to allow the public to comment. Sakina Kamwendo spoke the communications committee chairperson,...

ANC Woman's League Secretary General Meokgo Matuba says the league will consult with the people of Marikana to iron out their defferences. This follows the stand off between people believed to be AMCU members and the league members which resulted in ANC presidential hopeful Dr Nkosazana Dlamini Zuma cutting her schedule trip to Marikana short. She had planned to visit the area were thirty four min...

The Department of Water and Sanitation is hot water for allegations of misuse of millions of tax-payers money on fruitless and wasteful expenditure. In a statement, the Standing Committee on Public Accounts (SCOPA) has expressed its shock that the department was found to have paid some suppliers millions of rands, up to three times using the same invoice. This was revealed when water and sanitatio...

Market Analyst, Nerina Visser looks at South African markets following news that Eskom will be allowed to claw back around R60bn of back tariffs does not sound like good news, Pres. Zuma has signed the new Twin Peaks Bill into law and the market seemed to brush this off yesterday, putting in a strong performance...

Home Affairs has 14 working days to respond to a list of concerns raised by civil right group Right2Know regarding the newly-introduced Smart Card IDs. The organization alleges the biometric information contained in the new cards is a form of monitoring people and could also compromise their personal information. Right2Know supporters yesterday (Tuesday) marched to the Home Affairs offices in Pret...

We look at Leading gains is the Hang Seng in Hong Kong and BHP Billiton out with results this morning, slightly missing the expectation with Lehumo Investments CEO, Maudi Lentsoane.

A company owned by Professional Progressive Forum President, Mzwanele Manyi, will acquire the Gupta family's media assets. Manyi says he will finance the deal through vendor finance - meaning the deal will be financed through company's profits. Manyi says he will acquire both the ANN7 TV channel and The New Age newspaper for 450-million rand. For further understanding about the concept of vendor f...

Lawyers association, Advocates for Transformation, has rejected the apology by KZN ANC Chairperson, Sihle Zikalala, after he labelled Advocate Thembeka Ngcukaitobi "counter revolutionay". Zikalala's accusation came after Ngcukaitobi, who has previously represented the EFF in court, represented his political opponents at the Pietermaritzburg High Court. Zikalala took exception to his ANC comrades u...

A company owned by Professional Progressive Forum President, Mzwanele Manyi, will acquire the Gupta family's media assets. Manyi says he will finance the deal through vendor finance - meaning the deal will be financed through company's profits. Manyi says he will acquire both the ANN7 TV channel and The New Age newspaper for 450-million rand. Tshepo Mongoai has the details...

Judgement on the on the coffin assault case sitting at the high court in Middelburg, Mpumalanga has been reserved for Friday. Judge Segopotjo Mphahlele has acknowledged and accepted all the legal arguments from both the state and the defence team. The high court meanwhile has heard that Willem Oosthuizen had his cousin murdered on a farm in recent years. His lawyer, Wayne Gibbs says this is among...

We look at the requirements for a coordinated industrial policy in SADC, what do we need to do differently to increase the chances of success. We also look at challenges relating to land reform and ownership, and lack of access to capital and finance, what are some of the other impediments to the successful establishment of a more inclusive agriculture sector with market commentator, Nerina Visser...

Four men who were allegedly found with human body parts appeared briefly in the Escourt Magistrate's Court in the KwaZulu-Natal Midlands on Tuesday. One of the four suspects confessed to cannibalism. Meanwhile Police in KwaZulu-Natal have given the assurance that more arrests are imminent in relation to a human body parts syndicate in Escort on the province's midlands. Nonkululeko Hlophe reports

SADC leaders have instructed the Electoral Commission in the DRC to publicise the revised electoral calendar that will take the country to the much anticipated elections. This is part of the resolutions of the 37th session of the SADC Summit which ended in Pretoria on Sunday. The two day meeting also approved the appointment of a former head of state as the special envoy to the trouble-torn southe...

Some political parties in Parliament have condemned the government's decision of granting diplomatic immunity to Zimbabwe's First Lady Grace Mugabe to answer charges of assault. The Department of International Relations (Dirco) at the weekend issued a statement confirming that Minister Maite Nkoana-Mashabane had indeed given Mugabe diplomatic immunity for the alleged assault of Gabriella Engels 2...

Nineteen people have been killed and eleven others sustained serious injuries when their taxi crashed off the bridge at KwaXimba at Camperdown between Durban and Pirtermaritzburg. It is believed that the taxi was carrying 26 church members who were attending an unveiling ceremony of a tombstone of another church member in the area. Fanele Mhlongo and Nhlanhla Nxele report.

Some political parties in Parliament have condemned the government's decision of granting diplomatic immunity to Zimbabwe's First Lady Grace Mugabe to answer charges of assault. The Department of International Relations (Dirco) yesterday issued a statement confirming that Minister Maite Nkoana-Mashabane had indeed given Mugabe diplomatic immunity for the alleged assault of Gabriella Engels 2 weeks...