Reserve Bank governor Lesetja Kganyago has announced that the repo rate will drop by a quarter of a percentage point to 6.75%. This means the prime lending rate drops to 10.5%. Some economists had speculated that the Reserve Bank would drop rates. Tsepiso Makwetla spoke to by Gina Schoeman Economist at Citi Bank.

Minister of Mineral Resources Musebenzi Zwane may bring an ailing mining industry to its knees! This is according to Jonathan Veeran who is a partner at Webber Wentzel. Zwane has gazetted a proposal to restrict new mining prospecting and mining rights as well as their renewal. Veeran says there is an attempt to force the industry to ultimately bow to the Minister's whim in respect of Mining Charter III. He spoke to Tsepiso Makwetla

Local government association - SALGA - has called for a review of the safety needs of councillors amidst the escalation in the killing of local councillors. Speaker of the Raymond Mhlaba municipal council in the Eastern Cape - Thozama Njobe - was shot several times. She later died in hospital. Salga says the killing of councillors is an indictment on the local government and its constitutional mandate to deliver basic services. Tsepiso Makwetla, Salga presidency spokesperson Phindile Chauke

Death threats against ANC MP Dr. Makhosi Khoza and a number of other prominent South Africans have once again raised questions about the ability and willingness of law enforcement agencies to protect public officials and ordinary citizens. Khoza has been vocal in condemning President Jacob Zuma's leadership and has even called on him to step down. Tsepiso Makwetla spoke to Bheki Mngomezulu, Professor of political science at the University of Western Cape, who says "Factional battles within the ANC have allowed "ill discipline" to flourish."

The latest TransUnion vehicle pricing index has revealed that prices for new passenger vehicles shrunk from 8.4 percent in last year's second quarter to 5.4 percent in this year's second quarter. The vehicle pricing index, considers data from South Africa's top 15 manufacturers, comparing the rates at which both new and used financed vehicle prices increase on a quarterly basis. Tsepiso Makwetla spoke to Kriben Reddy, Director for Product and New Business Development for TransUnion Africa

Miway Insurance says its investigating the source of an email allegedly from Miway Insurance Management instructing each other not not approve claims from black people in the country.The company is currently trending on social media. In a statement the insurance company says "An urgent investigation has been launched and they can confirm that the email with its content was not sent from a MiWay employee and that there was also no such meeting that took place or decision to this effect. Tsepiso Makwetla spoke to branding expert Thebe Ikalafeng

SABC Board Chairperson Khanyisile Kweyana says the resignation of former acting SABC CEO James Aguma does not mean he's completely off the hook. Aguma resigned today in the middle of his disciplinary action. He was facing ten charges including breach of fiduciary duties and providing false information under oath during the disciplinary hearing of former Chief Operating Officer Hlaudi Motsoeneng. Aguma tendered his resignation in exchange for the SABC to drop the disciplinary hearing against him. Tsepiso Makwetla spoke to Osborne Molatudi, legal representative of the former acting SABC CEO James Aguma...

Eskom says less reliance on expensive diesel generators and an increase in cross border sales have helped it achieve a better financial performance. Eskom generated 47 billion rand from operations. The company released its delayed financial results released which show an eight per cent increase in revenue. The company has continued to report losses on its net profit. Tsepiso makwetla spoke to Public Finance and Management Act expert Advocate Ivan Herselman

Smurfs lovers have until the 30th of July to catch the exciting show at the Theatre of Marcellus at Emperors Palace, East of Johannesburg. The Smurfs Live on Stage is a magical adventure that sees the Smurfs battle Gargamel and save Mother Nature, showing the power of family and true team spirit. The show takes both young and old audiences into the magical world of colourful mushroom houses and their favourite little blue people. Tsepiso Makwetla spoke to the CEO of Blue Blood, Shaaista Osman

The South African Airways (SAA) board of directors yesterday assured the public that it would not cover up corruption at the state-owned airline following a Sunday newspaper report that it paid R4.5 billion to overseas companies for long-term contracts. The board says action will be taken against anyone accused of criminality must have factual basis and be legally sustainable. Investigations were previously commissioned by SAA to look into financial losses incurred by the company. Tsepiso Makwetla spoke to SAA Acting Ceo, Musa Zwane ...