Update@Noon

The South African Revenue Service, SARS, is planning to take its former spokesperson Adrian Lackay to court over claims of defamation. In a letter written to parliament, Lackay accused the revenue service's commissioner, Tom Moyane, of forcing him to lie to the public. We speak SARS employment relations executive, Luther Lebelo

Strategist at ETFSA Nerina Visser looks at: Greece is one of the big topics on the agenda of the G7 meeting. It was announced that an agreement has been reached with the US on poultry imports, thereby reinstating AGOA and What is happening with the Rand? Quo vadis?

1. Asian stocks fell for a fifth day, with the regional benchmark index heading for its second week of losses, following a decline in U.S. Equities 2. IMF Urges Fed to Postpone Rate Lift-off to First Half of 2016 3. The monetary value behind Chinese "Follow the Money" (FTM) has been successful but could harm the domestic currency

Government is expected to sell its non-strategic assets in order to raise funds for Eskom. It is not yet clear which assets government is planning to sell. To get a perspective on this Sakina Kamwendo spoke to the Chief Economist of Econometrix, Dr Azar Jammine.

For the first time in 21 years of a democratic South Africa, most opposition parties in Parliament have objected to the salary increase of President Jacob Zuma. But in the end, 203 members voted in favour of his salary hike, while 88 voted against it. Lulama Matya reports

The world's 40 biggest mining companies are said to be failing to produce returns. According to PricewaterhouseCoopers, these mining companies declined to the lowest since at least 2003 following a slump in commodity prices. For more Sakina Kamwendo spoke to Andries Rossouw, Assurance Partner at PricewaterhouseCoopers...

American ex FIFA executive at the centre of a decades long corruption scandal admitted that he accepted bribes linked to the hosting of both the 1998 and 2010 soccer world cup. The alleged bribe relating to the World Cup that was awarded to France in 1998, was information not made clear in the main indictment released by the U.S. Attorney General Loretta Lynch last week. Charles or "Chuck" Blazer'...

Murder accused, Christopher Panayiotou, will know today if he'll walk out of St Albans Prison when a ruling on his bail application is made in the Port Elizabeth Magistrate's Court. Magistrate Abigail Beaton earlier postponed ruling on the bail application for a third time, saying she needed more time to study all the documents. Last week, both the state and defence closed their arguments. Jayed-l...

Police Commission Riah Phiyega says there's an urgent need for her office to look at security at police stations after the death of five people in Alexandra, north of Johannesburg. Four people were shot dead at the local police station allegedly by an off duty police officer. Following the incident the officer ran back home, police gave chase and there was an exchange of fire in which he was also...

ANC secretary general Gwede Mantashe has called on Cosatu affiliates work towards unifying the labour federation. Mantashe was speaking at the 15th national congress of the National Union of Metal Workers. The conference comes at a time when the federation it is at its weakest, following internal squabbles which resulted in the expulsion of the biggest affiliate Numsa and subsequently cosatu gener...

The Department of Energy says it is ready to start with the procurement process for South Africa's much-anticipated Nuclear Build Programme. The announcement comes as government is in the middle of tackling electricity supply challenges that are constraining economic growth. Sakina Kamwendo spoke to Deputy Director General of Nuclear Energy at the department, Zizamele Mbambo.

1. Most Asian stocks fell as Japanese shares slid on a stronger yen and investors awaited the outcome of talks between Greece and its creditors 2. Australia grew faster than forecast last quarter as newly built mines boosted exports 3. Glencore Exit Shines Light on Platinum Bargain Lonmin

The North Gauteng High Court has ordered the Tshwane Metro Council to display the old street names along with the new ones. City of Tshwane lost its appeal against an interim order brought by AfriForum forcing them to place the old street names next to the current new ones; a move that could again cost the city millions of rands. Sakina Kamwendo spoke to AfriForum's legal representative Werner Hum...

Various local and international banks are under investigation for allegedly fixing the price of the rand in their trading. The Competition Commission says the collusion is widespread and alarming. Sakina Kamwendo spoke to the spokesperson of the Competition Commission, Mava Scott...

Sepp Blatter has announced his intentions to step down as FIFA president. His resignation comes just days after being re-elected as the FIFA president for the fifth time. The announcement is also amidst one of the biggest bribery scandals in history regarding world cup host proceedings. Sakina Kamwendo spoke to Sports Editor at Sunday Times Bareng-Batho (BBK) Kortjaas…

The EFF Leader, Julius Malema's tax woes aren't over just yet. The South African Revenue Service (SARS) says they will continue to take necessary steps to recover tax money owed to them by the EFF Leader. This comes after the sequestration case against him was withdrawn by the High Court in Pretoria on Monday. SARS claimed Malema's total tax bill was over 32-million rand. For more Sakina Kamwendo...

** Mr Price trading update released yesterday ** The current status of Greek bailout talks ** The dangers in oil company related debt

Public Service Unions are threatening to withdraw from the wage agreement if government does not implement the seven percent increase. The Department of Public Service and Administration say they will raise salaries by 6.4 percent and not 7 percent as previously agreed. For more Sakina Kamwendo spoke to Cosatu's Public Sector Union representative, Mugwena Maluleke.

In a move that could cripple the agricultural sector, the World Health Organisation says it is considering banning Glyphosate as a herbicide. The organisation says it's found a strong link between the herbicide and cancer. Sakina Kamwendo spoke to Dr Gerhard Verdoon of Crop Life SA

Market update with Market analyst Clive Ramathibela: Most Asian Stocks Rise With Yen Near 12-Year Low After U.S. Data, RBA and RBI rate announcements will influence investor confidence , HSBC, Malaysian Airline and Takata continue to struggle in their regions as slow growth bites into profit, Hermes Birkin makes record sale at Auction!! $223 000.00 for a pink handbag

The ANC in Limpopo has recalled two mayors. Thlalefi Mashamaite has been recalled as the mayor of the embattled Mogalakwena local municipality and Serite Sekgoloane recalled as mayor of Blouberg local municipality. Sakina Kamwendo spoke to ANC Limpopo Provincial secretary, Nocks Seabi

The search for other galaxies will be one of the topics under discussion at the South African Large Telescope (SALT) Science Conference, this week. It will discuss the achievements of SALT since its establishment in 2005, as well as its future. Sakina Kamwendo spoke to Science and Technology Minister Naledi Pandor

Business confidence numbers out for South Africa, Euro Zone inflation data and danger present in South African equities

Public Protector Thuli Madonsela, believes that President Jacob Zuma should pay back a portion of the money spent on his private residence. Madonsela blasted the police minister's report, describing as full of "half-truths, inaccuracies and distortions".

1. Asian stocks fell amid concern about the strength of U.S. economic growth 2. Popular stocks that were affected by the FIFA saga 3. China Considers Doubling Its Local Bond-Swap Program