Here’s your daily news update: An easy-to-read selection of our top stories.
In today’s news update, as the country marks 31 years of freedom, President Cyril Ramaphosa will get some rest as he battles the flu.
Meanwhile, five people have been killed in a horrific accident north of Durban in KwaZulu-Natal (KZN).
Furthermore, the Prudential Authority of the South African Reserve Bank has imposed administrative sanctions totaling R10 million on Absa for not complying with the provisions of FICA that require banks to conduct customer due diligence.
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News Today: 27 April 2025
Freedom Day: Ramaphosa not feeling well as country marks 31 years of freedom
As the country marks 31 years of freedom, President Cyril Ramaphosa will get some rest as he battles the flu.
Ramaphosa was expected to deliver the keynote address at the national Freedom Day celebration at the AJ Swanepoel Stadium in Ermelo, Mpumalanga, on Sunday under the theme “United in Resilience for the Defence of Our Freedom and Democracy”.
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Five people killed in horror accident, north of Durban in KZN [VIDEO]
Five people have been killed in a horrific accident north of Durban in KwaZulu-Natal (KZN).
The crash happened early on Sunday morning on Eddie Hagen Drive in Cato Ridge.
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Prudential authority fines Absa R10 million for FICA non-compliance
The Prudential Authority of the South African Reserve Bank has imposed administrative sanctions totaling R10 million on Absa for not complying with the provisions of FICA that require banks to conduct customer due diligence.
According to a statement issues by the Prudential Authority, which regulates banks and insurance companies, it is mandated to supervise and enforce compliance by accountable institutions with the provisions of the Financial Intelligence Centre Act (FICA) or any order, determination or directive made in terms thereof.
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EFF challenges budget process, calls for reset and VAT clarity
The Economic Freedom Fighters (EFF) filed supplementary court papers in the Western Cape High Court on Saturday to intervene in the legal challenge regarding Parliament’s adopted fiscal framework and revenue proposals.
The political party is taking a stand to defend constitutional principles and protect South Africans from what they consider an unjust VAT increase.
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Ramaphosa to meet Trump face-to-face to resolve diplomatic fallout
President Cyril Ramaphosa is expected to meet face-to-face with US President Donald Trump to discuss the diplomatic fallout between the two countries.
A phone call this week between Ramaphosa and Trump appeared to have made strides towards resolving the simmering tensions between the US and South Africa.
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Here are five more stories of the day:
Yesterday’s News recap
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