Financial advisor in R1m scandal; End of the runway for Mango: Today's top 7 stories

News24

4 hours ago

News24 brings you the top 7 stories of the day.
News24 brings you the top stories of the day, summarised into neat little packages. Read through quickly or listen to the articles via our customised text-to-speech feature.
Instagram/richelle_kohn
'A relentless pattern of deception': Knysna financial advisor accused of fleecing clients
- A Knysna financial advisor, Richelle Kohn, is under investigation for allegedly defrauding over 30 people of more than R1 million by soliciting loans based on privileged client information.
- Two former clients have reported Kohn to the Ombud for Financial Advisory and Intermediary Services, accusing her of using her position to target them and others through a 'protracted and elaborate scheme'.
- Kohn admits to owing money and sharing confidential information but denies the scale of the debt and claims of malicious intent, attributing her actions to severe depression and irresponsible behaviour.
Gallo Images/Darren Stewart
KZN taxi association warns teachers to stop giving lifts to pupils, threatens impoundment
- The Klipriver Taxi Association in Ladysmith, KwaZulu-Natal, has warned teachers to stop giving pupils lifts and threatened to impound their vehicles.
- The provincial Department of Transport condemned the threats, stating that only law enforcement has the authority to regulate transport.
- The department is intervening through the Provincial Regulatory Entity to address the issue and work with the police.
Getty Images/Edward Olive
Top Cape Town lawyer's sex pest case to be heard in secret
- A prominent Cape Town lawyer will face a secret Legal Practice Council (LPC) disciplinary inquiry on Monday regarding allegations of sexual harassment made by two female lawyers.
- The LPC's decision to hold the inquiry in secret, shielding the accused lawyer from public scrutiny, has raised concerns and led to comparisons to similar cases.
- The accusations against the lawyer include inappropriate touching and sexually loaded comments made to the female lawyers when they were candidate attorneys between 2012 and 2018.
Gallo Images/Nardus Engelbrecht
End of the runway for Mango: Four years on, revival bid finally collapses
- A private investor's bid to take over Mango Airlines has failed after four years of business rescue.
- The business rescue practitioner now proposes a structured wind-down of the airline, which he believes will provide a better return for creditors than liquidation.
- The airline has R382.5 million in cash but faces over R3 billion in claims, with a structured wind-down potentially allowing creditors to recover a larger portion of their dues.
Thahasello Mphatsoe/News24
ANALYSIS | The whiff of eau de ANC whipping up cynicism about the National Dialogue
- The National Convention, intended to kick off a National Dialogue, has been criticised for feeling like an ANC electioneering event and failing to offer meaningful substance.
- President Ramaphosa's involvement and the event's trappings of government authority raised concerns about whether it was truly a citizen-led process.
- The author questions Ramaphosa's posing of fundamental societal problems, given his long tenure in government, suggesting either ineptitude or a blame-shifting strategy.
Anton Geyser/Gallo Images
Bok injury crisis: Hammer blow as Kolisi ruled out, Eden Park dream in jeopardy
- Siya Kolisi, Pieter-Steph du Toit, Kurt-Lee Arendse and Edwill van der Merwe are injured and will miss the upcoming Rugby Championship match against Australia.
- Jesse Kriel will captain the Springboks against Australia in Cape Town in Kolisi's absence.
- Cheslin Kolbe and Damian de Allende are fit and available for selection for the match against Australia.
Ditiro Selepe/News24
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