April 22, 2018


BMF calls for legislation to stop banks offering insurance


The Black Management Forum (BMF) says its call to have companies operating in financial services sector dismantled will not be hampered by capacity and capital constraints. BMF deputy president Dumisani Mpafa told Sowetan on Thursday there was a need to amend legislation to make companies in the financial services sector offer just one type of service. Mpafa said‚ for instance‚ banks should offer banking services and not provide a service like insurance. He said banks should stop providing different services and products. “You build capital as and when the need arises. For instance you will not have a black chief…

106 years old young!


Cops help the eldest known resident in Paul Roux, Fateng Tse Ntsho to celebrate her special day with gifts and love… Ma-Goliath, the 106-year old Gogo from Paul Roux in the Free State province is now a famous person in her hometown after a birthday surprise party organised for her courtesy of the Paul Roux police department. Her big birthday surprise was initiated by the local community policing forum which saw the need to recognise her long life and shower her with presents on her special day. Residents of Fateng Tse Ntsho, a township just outside Paul Roux which had…

Blacks remain poor — Mashinini


…Says time for government to aggressively work towards uplifting of previously maginalised groups Police, Roads and Transport MEC Sam Mashinini says despite continued efforts by government to improve people’s lives, the country’s black majority have remained poor because they don’t have access to the means of production. Mashinini said it was time for government to aggressively work towards uplifting the previously maginalised groups so that there is a move towards equality in society. The MEC said this in Bloemfontein yesterday when he presented the budget vote speech in the provincial legislature. “While strides have been made in the amelioration of…