First Take SA

First Take SA

By SAfmNews
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First Take SA episodes

  • Sihle Zikalala warns against the use of slates when nominating leadership
    ANC KwaZulu-Natal provincial chairperson Sihle Zikalala has reflected on the mistakes the party made leading to and during the Polokwane elective conference in 2007. Speaking at the party's Cadres forum at the Durban Exhibition Centre, Zikalala says both the policy conference and the national conference will either make or break the ANC. Sihle Zikalala spoke to Tsepiso Makwetla...
    6 min
  • Adv. Dumisa Ntsebeza appointed as chancellor Fort Hare University
    Human rights lawyer Dumisa Ntsebeza has been appointed as the chancellor of the University of Fort Hare. Advocate Ntsebeza takes the reins at the institution after the death of former sports minister Makhenkesi Stofile. He speaks to Tsepiso Makwetla about fees must fall campaign and transformation at higher learning institutions
    5 min
  • Citibank agrees to pay R69m penalty in collusion probe
    The Competition Commission says it has filed with the Competition Tribunal a settlement agreement reached with Citibank for being part of the forex trading cartel.Citibank will pay an administrative penalty of almost 70 million rand . The Commission found that from 2007, Citibank and its competitors had a general agreement to collude on prices for bids and offers for the spot trades in relation to currency trading of the Dollar Rand exchange rate. Tsepiso makwetla spoke to Commissioner at the Competition Commission, Thembinkosi Bonakele
    6 min
  • Looking for love? Statistics South Africa's handy Valentine's week data map
    Are you looking for love but can't seem to find it? Statistics South Africa's handy Valentine's week data map, can help you narrow down your search. StatsSA has a series of maps based on the 2011 Census figures to help you fine-tune your search. They narrowed the statistics down to unmarried people between the ages of 20 and 34. They then plotted this data on maps, marked in pink or blue. South Africa's Statistician-General, Dr Pali Lehohla,
    5 min
  • NSFAS says its not responsible for allocating student accomodation
    Some students at the Nelson Mandela Metropolitan University in the Eastern Cape could lose their accommodation on campus if their approval for financial aid support delays further. Earlier reports suggested that some students have been stranded, camping out in TV rooms and halls as they waited for their funding to be approved. Meanwhile National Student Financial Aid Scheme says it has already provided financial support to nearly 300,000 students for the upcoming academic year. NSFAS spokesperson, Kagisho Mamabolo & spokesperson for the Nelson Mandela Metropolitan University Zandile Mbabela...
    9 min
  • former Eskom CEO, Brian Molefe to be sworn in as MP
    Parliament has confirmed that former Eskom CEO, Brian Molefe's name, is to become a member of Parliament. He has been nominated to fill a vacancy on the list of ANC Mp's from North West. Recent reports have suggested that with Molefe becoming an MP, President Jacob Zuma may reshuffle his cabinet and appoint Molefe as Finance Minister. ANC Parliament spokesperson, Moloto Mothapo says it is not yet clear when Molefe would be sworn in...
    4 min
  • Bloomberg comments on bank price-fixing saga
    The Competition Commission has found seventeen banks guilty of price fixing and market allocation in the trading of foreign currency pairs involving the Rand since April 2015. Commission also found that the traders used trading platforms such as the Reuters currency trading platform and Bloomberg instant messaging system (chatroom). Tsepiso Makwetla spokesperson Bloomberg Journalist, Mike Cohen...
    5 min
  • 17 banks face prosecution for collusion
    17 banks that were involved in the collusion of the rand are to face prosecution. The Competition Commission has been investigating a case of price-fixing in the trading of foreign currency involving the rand since April 2015. The banks include Absa, Standard Bank, Barclays, Bank of America, Merrill Lynch, BNP Paribas, JP Morgan Chase, Investec, HSBC Bank, and Credit Suisse. Tsepiso Makwetla spoke to Competition commissioner Thembinkosi Bonakele
    9 min
  • Economist at Econometrix Dr Azar Jamine reacts to banks price-fixing case
    The Competition Commission has referred a collusion case to the tribunal for prosecution against 17 banks. The commission has been investigating a case of price-fixing in the trading of foreign currency involving the rand since April 2015. The banks include Absa, Standard Bank, Barclays, Bank of America, Merrill Lynch, BNP Paribas, JP Morgan Chase, Investec, HSBC Bank, and Credit Suisse. The Commission is seeking an order forcing the banks to pay an administrative penalty equal to ten percent of annual turnover. Tsepiso Makwetla speaks to Director and chief economist at Econometrix Dr Azar Jamine, for his pespective
    5 min

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