Latest news with #R100
IOL News
2 hours ago
- Business
- IOL News
UCV condemns PRASA fare increases as a direct attack on vulnerable communities
The United Commuters' Voice (UCV) has strongly condemned the Passenger Rail Agency of South Africa (PRASA) for its newly announced fare increases, calling them 'a direct attack on the vulnerable community.' PRASA announced the increases on July 16, with implementation set for August 1. Ticket prices will rise by up to R2.50 for single trips and over R100 for monthly tickets in some zones. UCV said the increases are unaffordable and disproportionately affect the poorest members of society who rely on trains as their primary mode of transport. 'These increases represent a severe financial burden on the poorest members of society, undermining the very constitutional mandate that PRASA was established to uphold,' said UCV in a statement.
The South African
19 hours ago
- Sport
- The South African
Orlando Pirates news: Yeye, Sebelebele, Mofokeng, Saudi, R100m
Orlando Pirates have been the busiest of the teams in the PSL during this transfer period. So far, the Buccaneers have signed 10 players, as they seek to once again challenge Mamelodi Sundowns for the Betway Premiership. Earlier in the week, Mohau Nkota left Orlando Pirates after one season to join Saudi outfit Al-Ettifaq. The 20-year-old has had a fantastic season, scoring five goals and providing seven assists in 39 matches across all competitions. On Friday, Unplayable reported that Nkota's former teammate Relebofile Mofokeng could also join him in Saudi Arabia this transfer period. Sechaba Mofokeng, the father of Relebohile, said his biggest wish was to see his son playing in Europe this coming season. He discouraged a move to Saudi, saying it was too soon for the boy to play in the Middle East. This week, Soccer Laduma reported that Dutch side PSV were looking to sign Mofokeng for over R100 million but Pirates refuted the claims. The Buccaneers have already signed Kamogelo Sebelebele, Oswin Appollis and Tshepang Moremi as possible replacements. Former Kaizer Chiefs midfielder has backed Sebelebele to succeed at Pirates. 'I was fortunate enough to have worked with Kamogelo in COSAFA and CHAN. He's a good player with the right attitude,' Letsholonyane said on Omni Audio Africa . 'I'm not surprised to see Orlando Pirates signing him because he deserves that. So he adds on the quality of Oswin Appollis and Rele [Mofokeng]. 'He gives you the same possibilities, but he can even play as a striker. If you are a coach who wants to play with a false 9, then Kamogelo gives you that. 'And another thing is that he wants to win every game he plays, tired or not tired, he'll leave everything on the field until the last whistle, so that's one positive signing for Pirates, and I'm happy for Kamogelo, he deserves this move,' Yeye said. Let us know by leaving a comment below, or send a WhatsApp to 060 011 0211. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The South African
a day ago
- Sport
- The South African
Relebohile Mofokeng to join Mohau Nkota in Saudi
Relebohile Mofokeng could leave Orlando Pirates to join Mohau Nkota in Saudi Arabia. Nkota left the Buccaneers after one season to join Saudi outfit Al-Ettifaq. The 20-year-old has had a fantastic season with Pirates, scoring five goals and providing seven assists in 39 matches across all competitions. On Friday, Unplayable reported that Nkota's former teammate Mofokeng could also join him in Saudi this transfer period. 'Unpalayable can confirm Relebohile Mofokeng is set to join Mohau Nkota at Saudi club, Al-Ettifaq. Based on information we've received from an impeccable source in Saudi Arabia, negotiations are ongoing,' the publication reported on X. Mofokeng has been one of Orlando Pirates' best players in the past two years, helping them reach the CAF Champions League semi-finals. He has made close to 100 appearances for the Buccaneers across all competitions in three years and has won four trophies with the Soweto giants. Relebohile Mofokeng moving to Saudi Arabia might not be his dream move, as he was tipped to play in Europe's big leagues. Earlier this week, Soccer Laduma reported that Dutch giants PSV were keen to bring in the attacker for R100 million but the Buccaneers have since rubbished those claims. Orlando Pirates are still in Spain, concluding their pre-season camp before returning to South Africa. Relebohile Mofokeng is expected to return with the squad unless a deal is made in the coming days. Let us know by leaving a comment below, or send a WhatsApp to 060 011 0211. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
IOL News
2 days ago
- Business
- IOL News
Superyacht industry interest fuels Durban's blue economy ambitions
Durban has taken a step toward positioning itself as Africa's leading superyacht destination, Image: Supplied Durban has taken a step toward positioning itself as Africa's leading superyacht destination, following a site visit by Italy's Navigo International, organisers of the global Yachting Aftersales and Refit Experience (YARE). The delegation spent five days assessing Durban's marine infrastructure and port facilities as part of its bid to host the first-ever African edition of the event in November 2026. "YARE is a globally recognised annual business conference for the superyacht industry, bringing together shipyards, service providers, and over 100 superyacht captains, alongside more than 300 top-tier global companies". According to the eThekwini Municipality, the hosting of the event is currently under consideration by the Council. Earlier this week, the KwaZulu-Natal provincial government also signed an agreement with Navigo aimed at unlocking the province's estimated R100 billion ocean economy. The deal included plans for a superyacht manufacturing hub, marine skills training, port upgrades, and international marketing of KZN-built vessels Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading 'This event will provide a high-impact platform to showcase Durban as a global investment destination. It will elevate our profile in the luxury tourism and marine innovation sectors, and attract international events to our shores,' city manager Musa Mbhele said. This comes as the city works to revitalise the tourism economy, which has faced setbacks in recent years due to declining visitor numbers and beach closures linked to E. coli contamination. These issues have affected visitor numbers and the city's reputation as a tourism destination. General Manager of Navigo International, Pietro Angelini, expressed strong confidence in Durban's potential to become a major superyacht hub, not just for South Africa but for the wider Southern African region. "We have found a very good place to develop a yachting destination. For the southern part of Africa, but even for this southern part of the place, South Africa, Mauritius, Seychelles, Madagascar," Angelini said. IOL Business Get your news on the go, click here to join the IOL News WhatsApp channel
The Citizen
2 days ago
- Automotive
- The Citizen
Will rare Volkswagen Citi Golf find new home for a cool R1m?
A VW Citi Golf Mk1 Limited Edition, with 29km on the clock, took bidding at an auction in Bryanston last week to R550 000. The Citizen reports this lofty number that many enthusiasts thought would see the iconic car go to a new owner. But the reserve price was not met, and rumour has it that this number was almost double that at a staggering R1m. The original owner would have paid R113 500 for the car off the dealer's floor in November 2009. According to a South African inflation calculator, R100 in 2009 is worth R216.76 in 2025. And this translates into a price of only R246 022 today. But we all know that nothing over the past 16 years has gone up by the rate of inflation. Low mileage key Rather take a basic return on a R100 000 investment at a local bank, using a rate of 9%. Then the value of this VW Citi Golf Mk1 Limited Edition rises to a more realistic R450 000. Maybe the price offered at R550 000 is not a bad one, but the real value with a car like this is that it's number three of the last 1 000 Citi Golfs ever produced. And when you add in the fact that it is like new with only delivery mileage on the clock, R1-million might just be the magic number. Time will tell. The introduction of the VW Citi Mk1 in 2009 was a send-off and the closing of the final chapter of the best-ever selling hatchback in South African motoring history at the time. Citi had provided South African motorists with a fun, unique, affordable driving package for 25 years. It had defied all marketing norms and theories of how long a lifecycle of model in a brand can continue. Volkswagen of South Africa introduced the Golf 1 in 1978. And the Citi Golf made its first appearance on South African roads in 1984. The Citi was a more affordable alternative to bigger more expensive 'Jumbo' Golf IIs that hit our roads in the same year. Various Citi Golf editions The VW Citi Golf stayed fresh over the years by the ongoing introduction of special and limited-edition models such as the Designa, CTI, Deco, Sonic, Wolf, Bafana Bafana, R Line, Xcite, Billabong and GTS. The Citi Golf Mk1 features the 74kW 1.6-litre fuel injected engine and not the iconic 1.8-litre powertrain from the legendary GTi and CTi. It also came fitted with 15-inch, gunmetal painted alloy wheels; polished exhaust tailpipe, dark taillights, double headlights and chrome highlight around grille. The interior has sport seats with partial leather, leather steering wheel, the original golf ball gear knob, floor mats with Mk1 logo and red stitching detail throughout. And the car was only available in two colours; Black and Shadow Blue metallic.
