South Africa’s road to political unity is long
Politics

South Africa’s road to political unity is long

Once a home for activists of all races, the ANC now faces an identity challenge as racial divisions in politics deepen. Does the ANC really need whites in its ranks? ANC Youth League president Collen Malatji sparked this controversial debate when he said he wants to see more racial diversity in the party. He made the remarks during a youth rally in the Eastern Cape at the weekend, where he expressed concern over the lack of white participation in the youth league. Malatji questioned why, decades after democracy, young white South Africans are still largely absent from the ANC’s structures, especially considering the pivotal role played by figures like Joe Slovo, Denis Goldberg and other white comrades during the liberation struggle. “We have to ask ourselves,” Malatji said, “why white youth do not see the ANC...
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‎Al Waha REIT additional offering 109.6% covered, raises SAR 24.9M
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‎Al Waha REIT additional offering 109.6% covered, raises SAR 24.9M

Logo of Alwaha REIT FundWasatah Capital, the fund manager of Alwaha REIT Fund’s offering, announced the successful completion of the additional offering to increase the fund’s gross asset value (GAV), aimed at acquiring new real estate assets, according to a statement to Tadawul. For more news on listed companies The total subscription proceeds reached SAR 24.93 billion, excluding in-kind contributions, with a 109.64% coverage ratio. Unit allocation was completed as per the terms and conditions outlined in the supplement (1) of the fund’s terms and conditions. Priority was given to existing unitholders registered on the day of the unitholders’ meeting, followed by other investors based on their respective categories and participation levels. Refunds for excess subscription amounts will be processed within 15 business days from the end of the offering period. The...
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