Top news items in major S. African media outlets
Xinhua, April 29, 2016 Adjust font size:
The following are highlights of South African major media outlets on Friday.
-- Credit extended to the domestic private sector grew 8.94 percent in March year on year, down from 9.02 percent in February, Reserve Bank data showed on Friday.
Private sector credit extension, which includes corporate and households, has lacked a clear trend over the past three months. (Business Day)
-- The country's top detective responsible for rooting out serious crime will know next week if he will be charged with defeating the ends of justice.
The Star can reveal today that the head of the National Prosecuting Authority in Limpopo is sitting with a completed docket against Lieutenant-General Berning Ntlemeza, the head of the Hawks, who is accused of ignoring a complaint against a former police captain at Polokwane police station. (The Star)
-- The South African Reserve Bank will not be intervening in the Gupta's battles with the country's banks, its chief of staff said on Thursday.
The central bank also distanced itself from the ministerial committee recently appointed by the Cabinet to intervene with the country's major four banks, Standard Bank, Absa, First National Bank or Nedbank, on behalf of the Gupta's Oakbay Investments. (Mail & Guardian) Enditem