EMMANUEL KING

Welcome to my world 🌎

[EMMANUEL KING @IsMeEmmanuel]

Jake Paul gifted Tyron Woodley before their fight…here's the reason why

[EMMANUEL KING @IsMeEmmanuel]

Trade Minister Parks Tau told Parliament that 48 black industrialists got R23.4 billion from the IDC in the past year. The IDC is a state-owned Financial institution started in 1940 to build industry - it helped create Sasol, Foskor and Iscor.

[EMMANUEL KING @IsMeEmmanuel]

The IDC also funds big struggling firms like ArcelorMittal and Tongaat Hulett. Tau said they check if the businesses grow, create jobs, stay profitable and attract other funding.

[EMMANUEL KING @IsMeEmmanuel]

Trade Minister Parks Tau told Parliament that 48 black industrialists got R23.4 billion from the IDC in the past year. The IDC is a state-owned Financial institution started in 1940 to build industry - it helped create Sasol, Foskor and Iscor.

[EMMANUEL KING @IsMeEmmanuel]

MP Thokozani Langa asked who got the money. Tau said it went through programmes like the Black Industrialists Programme and Black Industrialist Scheme to help black-owned factories get into manufacturing and exports.

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Tau said they check if the businesses grow, create jobs, stay profitable and attract other funding.

[EMMANUEL KING @IsMeEmmanuel]

Woolworths planning to opening more dark stores - shops you can't walk into that only pack online orders - to keep up with online demand without crowding normal stores; it opened its first in Cape Town in Aug 2024 for Woolies Dash and now has one Food dark store .

[EMMANUEL KING @IsMeEmmanuel]

but plans many more, following Checkers which has 6 dark stores after initially failing with big warehouses and then realising using its 3,000 stores as fulfilment centres near customers was its big advantage

[EMMANUEL KING @IsMeEmmanuel]

Woolworths planning to opening more dark stores - shops you can't walk into that only pack online orders - to keep up with online demand without crowding normal stores; it opened its first in Cape Town in Aug 2024 for Woolies Dash and now has one Food dark store .

[EMMANUEL KING @IsMeEmmanuel]

Postbank lost R68.76 million because it did not keep track of its SASSA cards. In 2018 it bought a lot of cards to give out at Post Office branches but did not count how many came in, stayed in the vault, or went to people.

[EMMANUEL KING @IsMeEmmanuel]

Postbank spent R24.8m to destroy old Gold cards and make new Black cards, but in May 2026 the Auditor-General said problems were still there.

[EMMANUEL KING @IsMeEmmanuel]

Postbank lost R68.76 million because it did not keep track of its SASSA cards. In 2018 it bought a lot of cards to give out at Post Office branches but did not count how many came in, stayed in the vault, or went to people.

[EMMANUEL KING @IsMeEmmanuel]

Criminals used this weakness to use cards at shops in Joburg without the money ever being paid back. The Auditor-General warned Postbank in 2022, said its fix was not good enough and sent the case to the Hawks in 2024.

[EMMANUEL KING @IsMeEmmanuel]

"If you don't want to get involve in Politics, one way or the other Politics will involve you."

[EMMANUEL KING @IsMeEmmanuel]

"If you don't want to get involve in Politics, one way or the other Politics will involve you."

[EMMANUEL KING @IsMeEmmanuel]

🤔🤔🤔

[EMMANUEL KING @IsMeEmmanuel]

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[EMMANUEL KING @IsMeEmmanuel]

Competition Commission is moving to revoke its March 2026 conditional approval of R6.5bn Premier Group-RFG Holdings merger completed end-March, after Premier in July told Commission it would shut 72-year-old Fruit Processing Western Cape cannery in Tulbagh,

[EMMANUEL KING @IsMeEmmanuel]

The International Trade Administration Commission(ITAC) rejected 20% tariff hike on imported paper after investigation requested by Trade Minister Parks Tau following Mondi and Sappi complaints that cheap imports were hurting R33bn industry (R33bn invested past 7 years,

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anti-dumping/safeguard duties could be more appropriate if injurious competition emerges later, and Tau approved recommendation but asked ITAC to investigate domestic market for trade policy tools to drive sustainability and resilience.

[EMMANUEL KING @IsMeEmmanuel]

The International Trade Administration Commission(ITAC) rejected 20% tariff hike on imported paper after investigation requested by Trade Minister Parks Tau following Mondi and Sappi complaints that cheap imports were hurting R33bn industry (R33bn invested past 7 years,

[EMMANUEL KING @IsMeEmmanuel]

and would raise costs for downstream industries/consumers, instead decline is structural from digitisation, changing consumer behaviour, weak growth and subdued demand for print/newsprint/packaging/tissue plus high electricity/transport costs. Commission said