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Joined May 2012
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Jake Paul gifted Tyron Woodley before their fight…here's the reason why
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EMMANUEL KING retweeted
Johann Rupert’s luxury goods group Richemont had a strong year end 31 March 2026. Sales rose 11% at constant exchange rates to €22.4 billion, about R428 billion, with growth across jewellery, watches and all regions. Profit jumped 27% to €3.5 billion, roughly R67 billion
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Johann Rupert’s luxury goods group Richemont had a strong year end 31 March 2026. Sales rose 11% at constant exchange rates to €22.4 billion, about R428 billion, with growth across jewellery, watches and all regions. Profit jumped 27% to €3.5 billion, roughly R67 billion
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helped by strong performance from Cartier and Van Cleef & Arpels and no repeat of last year’s big loss from selling Yoox Net-A-Porter. The group ended with €8.5 billion in cash and proposed a bigger dividend of CHF 3.30 per share plus a special dividend of CHF 1.00.
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EMMANUEL KING retweeted
The City of Johannesburg spends over R21 billion a year on salaries for 26,000 staff, about 25% of its R84 billion budget, while struggling to pay Eskom and keep the lights on. Many top managers at the city’s 13 entities earn more than the official R3.39 million cap,
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The City of Johannesburg spends over R21 billion a year on salaries for 26,000 staff, about 25% of its R84 billion budget, while struggling to pay Eskom and keep the lights on. Many top managers at the city’s 13 entities earn more than the official R3.39 million cap,
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with City Power’s former CEO paid R4.83 million, more than the president. City Power itself faces a R20 billion deficit and owes Eskom R5.2 billion, and Eskom has threatened to cut power if the debt isn’t settled or a payment deal made by 8 July.
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The city has also proposed big pay hikes for some entity CEOs in the 2026/27 budget, though it says some figures were misunderstood. Critics say the city is paying high salaries while failing on basic services.
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EMMANUEL KING retweeted
Investec’s plan to simplify the business five years ago is paying off, with the bank’s share price more than doubling and investors making over 160% in five years. For the year to March 2026, Investec made R16.1 billion in profit after tax, up 4.6%,
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EMMANUEL KING retweeted
Sassa fired 43 officials in the 2025/2026 financial year for fraud, theft, corruption and serious misconduct, as part of a crackdown to clean up the agency. CEO Themba Matlou told Parliament the dismissals followed stricter anti-fraud measures,
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Investec’s plan to simplify the business five years ago is paying off, with the bank’s share price more than doubling and investors making over 160% in five years. For the year to March 2026, Investec made R16.1 billion in profit after tax, up 4.6%,
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helped by a 15% rise in fee and commission income even though interest income fell due to lower global interest rates. The bank also became more efficient, cutting its cost-to-income ratio from 63.3% in 2022 to 52.9% in 2026. On the back of the results,
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Investec declared a total dividend of 38.5 pence per share, around R8.55, for the year.
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Sassa fired 43 officials in the 2025/2026 financial year for fraud, theft, corruption and serious misconduct, as part of a crackdown to clean up the agency. CEO Themba Matlou told Parliament the dismissals followed stricter anti-fraud measures,
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The agency and the Department of Social Development also outlined plans to strengthen controls, improve audits, and roll out digital upgrades like a mobile app, online grant applications and self-service kiosks.
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Meanwhile, Gauteng Health urged people applying for disability grants to get medical forms at clinics instead of hospitals to avoid fees.
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EMMANUEL KING retweeted
Construction has started on Bankenveld District City, an R18 billion private city being built on 300 hectares of land bought from Wits University for R200 million. Led by Calgro M3 and Eris Property Group near the Marlboro Gautrain station between Sandton and Waterfall City,
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Construction has started on Bankenveld District City, an R18 billion private city being built on 300 hectares of land bought from Wits University for R200 million. Led by Calgro M3 and Eris Property Group near the Marlboro Gautrain station between Sandton and Waterfall City,
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which costs about R280 million just for the first phase of 6,000 homes. Calgro M3 says this will be its biggest development yet, bigger than its Fleurhof project, and will become its flagship project once infrastructure is ready.
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Wits said the money from the land sale will fund student bursaries.
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