Five Things You Need To Know As You Wake Up: Dr Imtiaz Sooliman painting sold for R100k
Repo rate has been hiked by 75 basis points, a video of a Klerksdorp man who doesn't want to be messed with goes viral, and much more...
It's FRI-YAY, it's time for the weekend!
Happy Friday to you all. With the weekend already looking up, here are five things you need to know before you get out of bed:
1.
The repo rate was hiked by 75 basis points on Thursday. This brings the repo to 5.5% and the prime rate to 9%. This is the biggest hike since September 2002, when the repo rate was hiked by 100 basis points amid an emerging market crisis.
Read more: Rampant inflation sees SARB hike repo rate by 75bps
2.
A painting of Dr Imtiaz Sooliman, the director of Gift of the Givers, fetched a whopping R100,000 this week. The money raised by the painting, which was purchased by a local businessman, has been donated to Gift of the Givers.
WATCH: Gift of Givers offers a helping hand to Tongaat residents
3.
Bafana Bafana captain and goalkeeper Ronwen Williams has joined champions Mamelodi Sundowns for an undisclosed fee after 18 years at SuperSport United.
4.
A video of a Klerksdorp man, who looks like he does not want to be messed with, has gone viral. He is seen fighting back at muggers with what looks like a knife. Ledimo, the person who captured the video, has been criticised by some people on social media for taking the video instead of assisting the man fighting back against criminals. However, the police in the North West says they are disappointed that the man is refusing to open a case.
man has to defend himself and his family from attackers in Klerksdorp, South Africa, today pic.twitter.com/Fg7WxEb1IF
— WilliamA33 (@WilliamA_33) July 20, 2022
5.
Facebook is splitting up its main "home" section into two tabs. The move is part of a push by Facebook to show users more entertaining, recommended content- to become what co-founder Mark Zuckerberg has called a "discovery engine" - as it seeks to better compete with rivals like TikTok for users' time and attention.
Read more: How to stop inappropriate videos from appearing on your Facebook page
MORE ON EAST COAST RADIO:
Main image attribution: IOL