Latest news with #R39
IOL News
3 days ago
- Business
- IOL News
Matshepo More, PIC return to CCMA after unfair dismissal ruling
Former Public Investment Corporation chief financial officer Matshepo More is returning to the Commission for Conciliation, Mediation and Arbitration (CCMA), where her erstwhile employer is challenging a CCMA ruling in her favour. Image: Screenshot Former Public Investment Corporation (PIC) chief financial officer Matshepo More is heading back to the Commission for Conciliation, Mediation and Arbitration (CCMA), which previously ordered her reinstatement and awarded her over R6.7 million in compensation. In September 2022, CCMA commissioners Cameron Morajane and Nthabiseng Thokoane declared her dismissal substantively and procedurally unfair, and she was reinstated. The PIC was ordered to pay the costs, and in a supplementary award, the commissioners quantified her backpay and costs due at more than R6.74m and R39 000, respectively. More was fired by the PIC in October 2021 after being found guilty of misconduct. 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 ✕ She was charged after approving R350m revolving credit facility to the now defunct VBS Mutual Bank in 2014, which was outside her delegation of authority. The PIC accused More of recommending the then chief executive, Dr Dan Matjila, to enter into the revolving credit facility agreement in breach of her duty to ensure that the terms of the agreement complied with the fund investment panels' approval before providing the confirmation and recommending that it be signed. More then referred her unfair dismissal dispute to the CCMA, where she argued that the alleged misconduct constituted a breach of contract. The CCMA found that the claim (charging and dismissal) that the PIC has against More is extinct through the running of uninterrupted prescription. The commissioners deemed the charges and subsequent dismissal incompetent. In addition, the commissioners stated that as the instruction was in contravention of the delegation of authority, More's dismissal was therefore premised on an unlawful and unreasonable instruction and the charges and the subsequent dismissal were unfair. 'More has succeeded in her claim for prescription. The outcome is that the dismissal is substantively and procedurally unfair. The instruction issued by Dr Matjila as found above was unreasonable and unlawful,' the CCMA ruled. The PIC then approached the Labour Court in Braamfontein, Johannesburg, arguing that the commissioners committed a material error of law. Last month, Labour Court Judge Connie Prinsloo reviewed and set aside the CCMA's arbitration award and the supplementary award. 'The matter is remitted to the CCMA for arbitration de novo by a senior commissioner or commissioners, as the case may be, other than the third and fourth respondents (Morajane and Thokoane),' reads Judge Prinsloo's judgment, adding that the record of proceedings generated the supplementary case shall serve as the evidence before the appointed commissioner or commissioners. The arbitration de novo (afresh) is to be conducted on such terms and in such manner as the appointed commissioner or commissioners may determine, and the CCMA was directed to enrol the matter for arbitration. Attempts to contact More were unsuccessful at the time of publication.
The Citizen
08-05-2025
- Sport
- The Citizen
Meet ‘Ninja', SA's rising karate star!
Meet Njabulo Sithole, who is known as 'Ninja' among his friends, because he is doing karate. The 16-year-old is a brown belt karate student, which puts him two steps away from a black belt! He was introduced to karate in 2016 at only six and a half years old by a friend. His parents, Ingrid and Sifiso, approved his enrolment as it was a good tool for managing his energy levels. This all-around sports person started as early as three years old at the Bright Sparks Pre-School in Kriel, where he did the 'Platy Ball' programme. They immediately saw that he was a natural at sports. Through the years, he became a versatile athlete, playing rugby, soccer and cricket, which led him to be enrolled in the Crystal Clear Soccer Academy, now called Super Sport. While doing karate, he also played cricket and rugby for Laerskool Kriel, later for Middelburg Primary School, and is now the captain of the U/16A rugby team at Hoërskool Kanonkop. 'Karate for me is about discipline, perseverance, sportsmanship (respect and loving one another even when we get to be each other's opponents on the floor), strength and mental stability,' said Sithole. On March 29, he was selected to represent South Africa at the upcoming World Championships Tournament, which will be taking place from June 10–14, leaving on June 8 and coming back on June 15. Eight students from their Witbank Dojo 'Team SA North-Mpumalanga' under the leadership of Sensei Daniel and Tania Lopez, will be travelling together for this tournament. Amongst their selected talented group are several current world champions and medallists, who are eager to defend or improve their previous accomplishments, which include: • Daniel Lopez – Current Men's World Light-Heavyweight Kumite Champion • Junior Makua – Current World U/21 Kata Champion • Llewellyn Combrink – Current World 16/17 Years Heavyweight Kumite Champion • Tania Lopez – Bronze medallist in Ladies' Lightweight Kumite. In addition, Sithole is forming part of the first-time participants, looking to make their mark on the international stage. 'As you can imagine, reaching this level of competition comes with significant financial challenges. Each student requires a minimum of R39 000 to cover travel, accommodation, entry fees, and other related expenses,' mentioned Sithole. • The requirements of the World Championship are for each country to show up in their colours and be uniform in all gear and clothing, which includes tracksuits, shirts, takkies, and karate kits. • People who want to support Sithole on his journey can call his father on 076 837 3021 for more information. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
The Citizen
26-04-2025
- Entertainment
- The Citizen
Lotto and Lotto Plus results: Saturday, 26 April 2025
Are you a jackpot winner? Check your tickets! Here are the latest Lotto and Lotto Plus results for Saturday 26 April 2025. Get the Lotto and Lotto Plus results as soon as they are drawn on The Citizen, so you can rest easy and check your tickets with confidence. The Lotto and Lotto jackpots for Saturday, 26 April 2025 is an estimated R39 million Lotto: R25 million *estimated Lotto Plus 1: R1 million *estimated Lotto Plus 2: R13 million *estimated Here are the winning Lotto results for Saturday, 26 April 2025: While great care has been taken to ensure accuracy, The Citizen cannot take responsibility for any error in the Lotto or Lotto Plus results. We suggest verifying the numbers on the National Lottery website. Watch the live draw You Tube The winning Lotto numbers will appear below after the draw. Usually within 10 minutes of the draw. You might need to refresh the page to see the updated results. Lotto: 00, 00, 00, 00, 00, 00. Bonus: 00 Lotto Plus 1: 00, 00, 00, 00, 00, 00. Bonus: 00 Lotto Plus 2: 00, 00, 00, 00, 00, 00. Bonus: 00 Twitter For more details and to verify the Lotto and Lotto Plus results, visit the National Lottery website. When do South African national Lottery ticket sales close? Lottery outlets close at 8.30pm on the day of a draw, which happens at 9pm. The terms and conditions may differ from other service outlets. Visit for more information. You can find the historical winning numbers for PowerBall and Lotto draws here. How much does it cost to play Lotto? Lotto entries cost R5 per board including VAT. Lotto Plus costs an additional R2.50 per board. You can also play PowerBall on selected banking apps (T's & C's apply). Visit and go to the How to Play section to find out more.
