Latest news with #R1
eNCA
19 hours ago
- eNCA
Crime Intelligence boss, 5 co-accused granted R10,000 bail
JOHANNESBURG - Police Crime Intelligence boss, Dumisani Khumalo, along with five of his six co-accused, have been granted R10,000 bail each. This is despite the group requesting as little as R1,000. The Magistrate at the Pretoria Magistrate's Court said the amount was an insult to the justice system and refused. A seventh accused, Philani Lushaba, faces a pending corruption case and has to reapply for bail under a Schedule 6 offence. The others face a schedule 5 offence as they have no other cases. The group face four charges of corruption and fraud amounting to R1 million. Police spokesperson Athlenda Mathe says the Commissioner is still waiting for a report on the case.
eNCA
19 hours ago
- eNCA
SAPS crime intelligence head in the dock for corruption
PRETORIA - Police Crime Intelligence head, Dumisani Khumalo, is appearing in the Pretoria Magistrate's Court, following his arrest at OR Tambo international Airport. Khumalo is one of seven senior police members in court, in connection with corruption. All the accused are senior members of the SAPS. They face four counts of corruption and fraud amounting to R1 million.
IOL News
a day ago
- Business
- IOL News
Road Accident Fund acknowledges Scopa's inquiry into its operations
The Standing Committee on Public Accounts has resolved to launch a full committee inquiry into allegations of maladministration, financial mismanagement, wasteful and reckless expenditure, and related financial misconduct at the Road Accident Fund. Image: File The Road Accident Fund (RAF) said on Friday it noted the decision of the Standing Committee on Public Accounts (Scopa) to institute a full committee inquiry into its affairs. This comes days after Scopa resolved earlier this week to launch a full committee inquiry into allegations of maladministration, financial mismanagement, wasteful and reckless expenditure, and related financial misconduct at the RAF. The decision was taken after attempts by the committee to obtain truthful, complete information from the RAF board and executive management came to no avail. The RAF said in a statement it respected Scopa as an accountability body which derives its functions and powers from Rule 245 of the rules of the National Assembly. 'We will continue to account to the people of South Africa through this important organ of Parliament. We reiterate and put emphasis on what we have already reported in the RAF annual reports for the last three years, that the RAF has been financially unsustainable since its establishment in 1946.' The RAF stated that it has been the subject of multiple commissions of inquiry, and the common thread across all commissions' findings has been the disconnect between the funding model and the benefit structure. 'The unsustainable funding and operating models were further compounded by an increase in administrative costs, driven mainly by legal and medical costs,' said the accident insurance fund. In a memorandum prepared for Scopa, committee Chairperson Songezo Zibi cited issues related to the organogram and vacancies at the RAF. Zibi also mentioned the submission of inaccurate, misleading, and/or false information to Parliament by the entity. There were also issues related to whistle-blower reports on two media services contracts worth R1 billion, RAF's acquisition of offices, as well as litigation against the Auditor-General and matters of rule of law. 'The information I set out raises numerous and serious concerns about corporate governance at the RAF,' he said. Scopa's secretariat is expected to draft the terms of reference for the inquiry to be considered by the MPs on July 1 and then use the period afterwards to prepare for the inquiry. The DA wants the inquiry to cover all of the outrageous financial mismanagement identified over the past months and years at the RAF. In the letter to Zibi, DA MP Patrick Atkinson said they welcomed the resolution to initiate the parliamentary inquiry into the worsening crisis at the RAF. 'However, for this inquiry to be meaningful and in the public interest, it must be comprehensive in scope. A surface-level examination will fail to address the systematic mismanagement, misconduct and abuse of public funds that have defined the RAF's recent history,' Atkinson wrote. The RAF defended its use of litigation against the Auditor-General, which will form part of the inquiry. The entity has pursued the legal action despite being advised not to do so by the Transport Department. The RAF said it is only in the audit of financial statements that the disagreement with the Auditor-General of South Africa on the accounting policy change resulted in an adverse opinion. It also said it has internal forensic investigations and ethics divisions to ensure proper and transparent management of corrupt and unethical practices. 'An independently managed ethics and fraud hotline is available for staff and stakeholders to anonymously report any unethical and corrupt practices. Furthermore, the introduction of the RAF Contact Centre will go a long way in ensuring that claimants' queries are addressed.' The RAF said despite its positive strides, it continued to manage challenges associated with a transforming organisation. 'The 2025–30 strategic plan presents an opportunity to optimise areas that have worked and to improve where gaps still persist. To this end, the RAF proactively subjected the 2025/26 annual performance plan to an independent review by the AGSA. 'The RAF reiterates that the most urgent task required to ensure financial and operational sustainability for the Fund is a legislative review.'
Eyewitness News
a day ago
- Eyewitness News
Crime Intelligence boss Dumisani Khumalo and 6 senior SAPS members granted bail
JOHANNESBURG - Seven senior Crime Intelligence officials, including the head of the embattled unit, Dumisani Khumalo, have been granted bail in the Pretoria Magistrates Court. Khumalo and his co-accused, who were arrested on Thursday, are charged with four counts of corruption and fraud. The charges relate to the appointment of 30-year-old Dineo Mokwele to an executive position within Crime Intelligence in April last year, despite her having no policing capabilities, knowledge or skills. ALSO READ: Crime Intelligence boss Dumisani Khumalo makes court appearance with 6 senior SAPS members The State claims the accused colluded in getting Mokwele's appointment over the line - and that she submitted false information on her CV - and was not qualified for the R55,000 salary she earned. Magistrate Vusumuzi Mahlangu granted six of the seven accused R10,000 bail, dismissing their earlier calls to be released on R1,000. "With the earning capacity that all seven of you have got, it is quite ridiculous that an amount of R1,000 for each of you is proposed as the correct amount of bail."
Time Out
a day ago
- Business
- Time Out
New Cape Town Developments: R1bn hotel on the cards
Cape Town's property market has long outpaced Johannesburg's in price – with the running joke being the price you pay for a mansion in Jozi only really gets you a shoe box in the Mother City - but at best you'll have a mountain or sea view to go with it. With the city's new R76.4 billion budget approved this week, residents can expect increased fixed charges for water, sanitation, and a city-wide cleaning levy, all tied to property value. While the changes sparked public backlash, Mayor Geordin Hill-Lewis states that the updated tariffs will help unlock "more funding" for infrastructure, public spaces, and essential services – all of which play a role in shaping a more livable and attractive city. But as the city courts global investment and luxury developments, the question remains: will Cape Town stay liveable for the people who already call it home, or just for those who can afford to visit? Cape Town Tourism CEO Enver Duminy recently unpacked this timely question in Billionaires' Burg analysis as a precursor to the release of the tourism body's CTT Futures Report 2039. It explores a chilling possibility of a future where tourism booms but only benefits the super-rich - as European cities weighed the impact of "more and more" tourists. Yet there is no denying high-profile hospitality, retail and lifestyle projects continue to reshape not only the city's skyline, but ultimately, its overall appeal for visitors and locals alike. Let's take a look at some of the most exciting new developments set to open their doors in the coming months. R1 Billion super-luxury hotel rising in V&A Waterfront The V&A Waterfront is set to welcome one of South Africa's most expensive hotel developments in decades. Joint owners Growthpoint Properties and the Public Investment Corporation (PIC) are investing heavily in the new "R1 billion Quay 7 Hotel" - a super-luxury project comprising 142 rooms and six serviced apartments. V&A Waterfront CEO David Green described it as a spectacular addition to the vibrant destination's portfolio, sharing aerial images of the hotel's progress. The hotel could also operate under the Edition Hotel banner, according to Moneyweb – part of Marriott International 's ultra-premium lifestyle brand, although this has yet to be officially confirmed. Expected Opening: March 2026 Mama Shelter Cape Town to Open in City Bowl's Iconic City Park Building Global lifestyle hotel brand Ennismore is bringing a bold new property in Cape Town's City Bowl. Mama Shelter is making its South African debut with a 127-room hotel set in the historic City Park building on Bree Street. The hotel will include 68 branded residences, co-working spaces, meeting rooms, a rooftop pool and all-day dining with sweeping city and mountain views. A new concept, Mama Play, will introduce a 742 sqm arcade-style space featuring bowling, karaoke, and events. The project, developed by Kasada and Ingenuity, signals a fresh wave of playful, design-forward hospitality in the CBD, with a separate Ennismore-run restaurant also planned for the ground floor. Expected Opening: Late 2025 Game on for new Grand West mall A new R600 million retail destination is coming to Cape Town as GrandWest Casino and Entertainment World expands with the addition of GrandWest Mall. Developed by Flanagan & Gerard in partnership with Sun International, the 22,000 sqm centre will connect directly to the existing entertainment complex and offer a curated mix of grocery, fashion, food, and lifestyle retail. The mall promises a vibrant, family-friendly space tailored to local needs. Expected Opening: March 2027 View this post on Instagram A post shared by Reel Stories (@_reelstories) Historic Glencairn hotel gets a revamp A new chapter is unfolding in the Deep South. What was once the old Southern Right Hotel, a grand landmark rich in local lore, is now poised for a return to its former glory. Summer House, the soon-to-open boutique hotel - is being brought to life by the team behind the beloved Tintswalo Boulders and Tintswalo Atlantic. The revamped property will feature 12 uniquely styled suites and a new eatery offering a range of options, from High Tea to sunset dinners. With sweeping views near Boulders Beach and a legacy dating back to 1904, the hotel promises a chic yet heritage-rich stay along one of False Bay's most atmospheric stretches. Expected Opening: December 2025 View this post on Instagram A post shared by Time Out Cape Town (@ The Titanic of Sea Point sold! The Ritz Hotel which has been empty since 2018, has officially been sold. Reportedly sold for around R240 million the Ritz, known for its glamorous history and revolving restaurant, it is hopefully set to enter a new chapter under new ownership. View this post on Instagram A post shared by Ash Müller | Ask Ash (@askashbroker)
