17 JUN 2020 Mr Mike Mokoena, the Chairman of Free State Stars Football Club, one of the founding members of the NSL and longstanding member of the Executive Committee, has departed. Our prayers are with the Mokoena family, especially its Matriarch, Ausi Joyce Mokoena who has been a pillar of strength that propped Bra Mike […]
12 June 2020 – According to Government Gazette promulgated by Minister of Sports, Arts and Culture on 11 June 2020 under the Disaster Management Act of 2002, football can resume training after complying with the regulations. These regulations entail among others that all teams need to test for COVID-19 and chronic medical conditions (As stipulated in the Football […]
11 June 2020 – Following the publication on 7 April of recommendations and guidelines to address some of the key football regulatory issues arising from the COVID-19 pandemic, the FIFA administration has since conducted 13 different workshops with representatives from its member associations (MAs), confederations, the World Leagues Forum (WLF) and the European Club Association (ECA). More […]
Orlando Pirates have confirmed that midfielder Ben Motshwari has recovered from Covid-19 ad is ready to resume light training. Motshwari tested positive last month, the only Premier Soccer League player known to have contracted the virus, but has now had two separate negative tests, showing his recovery. “I would like to thank everybody for the […]
04 JUN 2020 Absa and the Premier Soccer League (PSL) will be ending their sponsorship relationship of the Absa Premiership when the sponsorship contract expires at the end of the current season. Absa has had a 16-year relationship with football in South Africa, 13 of which have been as sponsor of the Absa Premiership since […]
For the first time in the history of the Miss South Africa pageant, the top three finalists will represent the country at the world’s three most prestigious pageants. Previously, the Miss South Africa Organisation has sent a representative to both Miss Universe and Miss World, but will also now be fielding a candidate to […]
FNB has been harnessing artificial intelligence (AI) to reimagine risk management and forensic due diligence processes. The result is the ability to have a more robust forensic due diligence process, review profiles for various financial crimes holistically, more rapidly, and more consistently, and free up the time of analysts to perform the functions that they […]
FNB Life expects to approveapproximately R100 million worth of credit life insurance claims by June 2020 for consumers whose finances have been negatively impacted by COVID-19. The insurance provider is a division of FNB, which previously announced relief measures for customers including assistance with credit insurance where relevant. Lee Bromfield, Chief Executive of FNB Life […]
The latest insights from FNB have shown a slight boost in card spend since the start of level 4 lockdown. However, the Bank states that despite the increase in consumer spending, activity is still averaging significantly lower compared to pre-lockdown levels. Interestingly, FNB insights also show panic-buying in the 3 days before the start of […]
Daniel Kibel, Founder and Director of CM Trading gives his thoughts on how we can deal with investment conditions in the COVID-19 pandemic. “The COVID-19 lockdown situation is virgin territory, and investors have a big decision to make at this stage. If they choose to stay on course with their existing investment strategies, in many cases, it […]