For Creamer Media in Johannesburg, I’m Sane Dhlamini.

Making headlines: Ramaphosa notes an increase in domestic investment by black industrialists, court rejects ATM's urgent bid to have secret ballot in Ramaphosa vote of no confidence and, Solidarity to lay fraud charges against Zuma and others

Ramaphosa notes an increase in domestic investment by black industrialists

President Cyril Ramaphosa has noted an increase in domestic investment by black industrialists in South Africa’s economy, as he reflected on the success of the fourth South Africa Investment Conference, held last week.

The total value of new investment commitments for the next five years stands at R1.14-trillion.

In the last five years, government has invested about R32-billion into nearly 800 black industrialists and entrepreneurs.

Ramaphosa pointed out that this year, those industrialists pledged investment into mining and steel production, automotive component manufacturing, consumer goods, bulk fuel storage, and ship-building and repair in the Saldanha Industrial Development Zone.

Court rejects ATM's urgent bid to have secret ballot in Ramaphosa vote of no confidence

The African Transformation Movement's court bid to force the Speaker of Parliament to hold a secret ballot in Wednesday's motion of no confidence in President Cyril Ramaphosa has been struck from the roll.

After hearing arguments from counsel for National Assembly Speaker Nosiviwe Mapisa-Nqakula and the ATM, Judge Rosheni Allie of the Western Cape High Court found the ATM had brought the application with "self-created" urgency.

This means that Wednesday's motion of no confidence in Ramaphosa, the first he will face, can go ahead with an open ballot, as there is no court order preventing the National Assembly from continuing with it.

On the same day, the Democratic Alliance's motion of no confidence in Ramaphosa's Cabinet will be heard, also with an open ballot.

Solidarity to lay fraud charges against Zuma and others

Trade union Solidarity has said it will lay charges of corruption, theft, fraud and mismanagement of State funds against 19 alleged State capturers, including former president Jacob Zuma.

Solidarity chief executive Dr Dirk Hermann said the criminal charges follow the reports and recommendations by the State capture commission, led by Justice Raymond Zondo which revealed how State funds were misused for personal gains.

Among the alleged capturers are former South African Airways chairperson Dudu Myeni, former Transnet and Eskom head Brian Molefe, former Denel chairperson Daniel Mantsha, and former Denel chief executive Zwelakhe Ntsepe.

That’s a roundup of news making headlines today

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