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Your daily update on Breaking News stories VBS Bank Chair Sentanced Tshifiwa Matodzi, former chairman of the VBS Mutual Bank board, pleaded guilty to 33 counts of corruption, theft, fraud, money laundering and a pattern of racketeering activities in the Gauteng High Court on Wednesday. Matodzi was sentenced to 495 years – 15 years on

Breaking News - 2 September 2024

Breaking News - 2 September 2024

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VBS Bank Chair Sentanced

Tshifiwa Matodzi, former chairman of the VBS Mutual Bank board, pleaded guilty to 33 counts of corruption, theft, fraud, money laundering and a pattern of racketeering activities in the Gauteng High Court on Wednesday. Matodzi was sentenced to 495 years – 15 years on each count. The sentences will run concurrently, so he will only serve an effective 15 year sentence.

Life Esidimeni Ruling Confirms Neglect

The Pretoria high court has ruled that the deaths of some of the mental health patients transferred to ill-prepared non-governmental organisations from Life Esidimeni were a direct result of the negligence of former Gauteng health MEC Qedani Mahlangu.

Space Station Crew Confident They will Make it Home

The NASA astronauts who were aboard the first crewed flight into space on Boeing’s Starliner said they are “confident” the spacecraft can get them home safely. Flight commander Barry “Butch” Wilmore, 61, a former U.S. Navy captain, and Sunita Williams, 58, a former Navy service member, have been aboard the International Space Station (ISS) for more than a month after Starliner experienced several mechanical issues, including helium leaks and a thruster issue.

Spanish Tourist Trampled to Death

Elephants trampled to death a 43 year old Spanish tourist at at Pilanesberg National Park in North West province, about 180 kilometers from Johannesburg, after he left his vehicle and approached a herd to take photographs, police and local government authorities said Tuesday.

Kenyan Cult Leader on Trial

The leader of a Kenyan doomsday cult went on trial this week on charges of terrorism over the deaths of more than 400 of his followers in a macabre case that shocked the world. Self-proclaimed pastor Paul Nthenge Mackenzie appeared in court in the Indian Ocean port city of Mombasa along with 94 co-defendants, an AFP journalist said.

Galaxy Z Fold6 unveils ‘interpreter’ feature

The latest tech advance using Ai has been added to the new Samsung Galaxy ZFold6, This feature allows a voice function that translates the conversation immediately into a text in whatever language is required.

Samsung Launches its Smallest Wearable -the Galaxy Ring

The smallest wearable to date has a battery charge life of almost a week setting it apart from competitors

Cyber Crime Under Investigation

At least R300 million (ZAR) has been stolen in a cyber-crime related theft from the Department of Public Works in South Africa. This took place in the Department of Works & Infrastructure (DPWI) over the past 10 years. Newly appointed DPWI Minister Dean Macpherson disclosed on Wednesday that 4 senior officials had been suspended and 30 Laptops seized to further the investigation.

News & OpinionAfrican startups
Greg Stewart

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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Breaking News Today – Friday 21 August 2026

African Start-up News Headlines: Business News Today ABSA Share Buyout in Kenya Disappoints The Absa Banking Group will spend around about $50.37 million to increase its stake in Absa Bank Kenya to 71.99%. This is however below the a fraction of the &283.4 million the major banking group had allocated for the share buy scheme

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