Picture this: Santorini, a dreamy destination, perfectly captured through my lenses with my love. It was absolutely magical & a perfect sight to our love story💕🙏🏾🌸
TSHEPO MAHLOELE BUYS FLYSAFAIR
Harith General Partners has agreed to buy full ownership of FlySafair, South Africa’s largest domestic airline, expanding its transport and infrastructure investments.
The deal, completed through Harith Aviation, follows a long shareholder exit process, although the price was not disclosed.
FlySafair controls about 67% of domestic seat capacity and operates a fleet of more than 30 aircraft, highlighting its strong market position.
The acquisition revives Harith’s ambition to own an airline after its failed South African Airways bid in 2024.
FlySafair’s management will remain in place, while the purchase is expected to align ownership with local aviation regulations and support future growth.
Full story - https://t.co/G4kKiMHvgg
Pictured - Harith Founder & Chair, Tshepo Mahloele
Hey @grok this is the only picture I have of my mom. Can you please bring it to live. I'm starting to forget how she looked like. I was 12years when she passed on🥹🥹
R240 MILLION PAYDAY FOR NASPERS CEO
In a striking financial maneuver underscoring both her strategic acumen and the complexities of executive compensation, Phuthi Mahanyele-Dabengwa, CEO of Naspers's South African operations, recently sold 42,305 shares valued at R239.6 million ($12.7 million).
The share options were part of incentive packages granted between 2020 and 2023. The sale, made on 30 July, was reportedly to settle taxes and related costs.
Despite cashing out, she retained 9,999 shares worth over R55-million.
Mahanyele-Dabengwa was appointed to the Naspers board in April 2025 (as an executive director) and will join the board of Prosus in August, should this be approved by shareholders at the group’s AGM later this month.
Her total pay last year was R44-million.
Read more on this https://t.co/aSsk4i95TS
#AskAsanteOnBoards
EFFECTIVE IMMEDIATELY; TRUMP TARIFFS ON SOUTH AFRICA
This morning, South African exporters face a daunting challenge as U.S. President Donald Trump announced a 30% tariff on all South African exports to the United States.
This move, part of Trump’s broader reciprocal tariff strategy dubbed "Liberation Day," aims to address perceived trade imbalances but threatens to disrupt South Africa’s economy significantly. The tariffs, effective immediately, jeopardize industries reliant on the U.S. market, including agriculture and manufacturing, which benefit from programs like the African Growth and Opportunity Act (AGOA).
South Africa’s citrus growers, a key export sector, are particularly vulnerable, with duty-free access to the U.S. now at risk.
Economists warn that the tariffs could wipe out thousands of jobs, potentially 211,000 in AGOA-related industries, while driving up living costs due to a weakened rand.
The South African government has called the move premature, urging dialogue to protect bilateral trade worth billions.
I feel for Mercedes-Benz SA and BMW SA. They export cars to the US and now face a 25% - 30% tariff. It means 5500 people are likely to lose their jobs and $1.3 billion of exports stop.
President Trump has expressed strong disapproval over Hunter Biden’s taxpayer-funded Secret Service protection during his luxury stay in South Africa, labeling the nation as being on a “watch list” due to recent political actions.
The main aim of the campaign by the USA against South Africa is to undermine our moral authority to criticise Israel for its Human Rights Atrocities against Palestinians.
In order to do this, South Africa must be framed as violating Human Rights.
No diplomacy will resolve this.
REPORT: Michelle Obama has racked up a whopping 25,000 views on YouTube following the launch of her new podcast.
Obama has released her first two episodes & a trailer with her brother Craig Robinson.
In the second episode, the group talked about friendships & divorce. Obama didn't address divorce rumors with Barack Obama.
"This podcast will leave you reflecting, laughing, and feeling more prepared to tackle life’s biggest questions," the YT page says.
The pair says they started the podcast to share all the advice they have.
€4.4 billion from the Global Gateway package will go to projects supporting a clean and just energy transition in South Africa.
It's a significant first pledge in the context of the Scaling up Renewables in Africa campaign.
I hope it will inspire many others to contribute!
South Africa spends around 20% of government revenues servicing debts, about as much as on health and policing combined.
The idea that the country might need a bail-out from the IMF has gone from preposterous to possible.
#BudgetSpeech2025